Scholarships & Financial Aid

These scholarships are awarded based upon academic merit or demonstrated financial need and are considered “free” money because they do not require repayment. These discounts are renewable annually provided the student meets the designated requirements. There are two types of institutional awards: 

Merit Scholarships

Merit scholarships are awarded upon admittance to the University and are based upon academic achievement. Every applicant is automatically reviewed for merit scholarships, but priority is given to students who apply for admission by our December 1 deadline. After December 1 students may be considered for merit scholarships, but only if funds are available. Notice of the merit award amount is included with the official admission letter. 

Financial Aid/Need-based Scholarships

Need-based scholarships are based upon a family's demonstrated financial need. We take into consideration household income, assets, family size, the number of students attending universities simultaneously, and other factors. These awards are sent out on a rolling basis after admission, and after the FAFSA – Free Application for Federal Student Aid (www.StudentAid.gov) is completed (for U.S. students). Please be sure to add our federal school code to your FAFSA; G11683. Students who are not U.S. citizens or residents complete a similar institutional application on our student aid portal, Net Partner and are awarded based on the same criteria.

Available only to students who are U.S. citizens or eligible non-citizens , Federal Direct Loan amounts increase each academic year as students progress through their degree programs. For subsidized loans, interest does not accrue while a student is enrolled, and during the first six months after graduation. Unsubsidized loans start accruing interest when they have been disbursed (paid out).

The following is a breakdown of the loans and amounts:

Dependent Undergraduates

Independent Undergraduates and Dependent Undergraduates where the parent is ineligible for Parent PLUS loan

Aggregate Limits

Graduate Students

Sallie Mae Student Loans is a financial services company that provides private educational loans to U.S. citizens or permanent residents. The loan application can be found at Sallie Mae Student Loans. The loan will be in the student’s name and most students will need a credit-worthy co-signer to apply with them. Interest rates vary based on the co-signer’s credit history. The student may borrow up to the full cost of education including, tuition and fees, room and board, books and supplies, transportation and living expenses, less any other financial aid that the student receives. The cost of attendance for each student can be found on our student aid portal, Net Partner, and should help guide the family as to how much they will need to borrow.

Please note that Sallie Mae is the only private lender that will provide educational loans for students attending an international university not located in the U.S.

Parents may also consider alternatives such as home equity loans or borrowing against insurance or retirement funds, and should consult their bank or a financial advisor before doing so.