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Financial Aid First Steps for Undergraduates

FIRST STEPS FOR UNDERGRADUATES

2009-10 Financial Aid Timeline

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How to Apply - Incoming Students

How to Apply - Returning Students

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Introduction To Undergraduate Financial Aid

Financial aid is awarded on the basis of outstanding scholarship, accomplishments, talent, and/or financial need. By using a combination of available assistance from federal, state, and University sources, Ashland University will attempt to meet your financial need as calculated through completion of the Free Application for Federal Student Aid (FAFSA). The following information should answer many of your questions. If you have other questions, please contact the Financial Aid Office at financialaid@ashland.edu.

How much will my family pay for my education? Don’t just look at the price tag – financial assistance will reduce the cost for almost all families. So, you must apply for financial aid to determine how much your family will pay for your Ashland University education. You can obtain an early indication of the amount of aid for which you may qualify by completing our online Financial Aid Estimator .

Am I eligible for financial aid? Ashland University offers financial assistance to all students who have been accepted for admission to the University; will be enrolled at least half-time (6 credit hours per term) in a degree program; are not on disciplinary probation; and are meeting the standards required in the Financial Aid Satisfactory Academic Progress Policy.

To receive University funds, you must enroll on a full-time basis during the fall or spring semesters and pay the comprehensive rate of tuition. This excludes students in the Evening and Weekend, Nursing, and LCCC programs from institutional assistance although they are eligible for federal and state aid. Students attending less than half-time may qualify for a Pell Grant.

Do I have to reapply for financial aid every year? All financial aid administered by Ashland University is awarded annually. If you are awarded financial assistance for one year, you must reapply and meet established criteria in order to receive financial assistance in subsequent years.

Does living off campus affect my financial aid? Living off campus may affect your financial aid. If you currently live on campus and plan to move off, contact the Financial Aid Office to determine if your award will be affected by your housing change.

When do I receive my financial aid? Your financial aid will be disbursed to your account prior to the beginning of the term for which it has been awarded if all required paperwork has been received. Please note that Federal Pell Grants, Federal Stafford and Parent Loans, Federal Perkins Loans and private education loans are not credited to your account until ten days before each term begins and will not be reflected on your billing statement prior to that date.

Am I eligible for financial aid as an Ashland University student enrolled in the Evening/Weekend, Nursing, or Lorain County Community College programs? Ashland University students enrolled in these programs pay significantly less than the comprehensive tuition rate paid by regular, full-time undergraduate students. Therefore, you are not eligible for institutional grants and scholarships, but may be eligible for federal and state gift aid.

I will be attending another institution while I am enrolled at Ashland University? What do I do about financial aid? If you will attend Ashland University and another institution simultaneously, you may be eligible for federal and state aid through a consortium agreement.

Will I be eligible for financial aid while enrolled in a Study Abroad Program? While enrolled in study abroad or affiliate programs, you are not eligible for Ashland University grants or scholarships. However, you may be eligible for federal and state aid, including federal loans. If you are planning to study abroad, contact the Study Abroad Coordinator in the Financial Aid Office for further information. Additional information on financial aid for study abroad is available at www.ashland.edu/global/finaid.html.

How do I apply for financial aid? Get step-by-step instructions to apply for undergraduate financial aid:
  • Incoming undergraduate students
  • Returning enrolled undergraduate students




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