Steps To Apply
- Complete the Free Application for Federal Student Aid (FAFSA)
- Complete the Ashland University 2018-19 Adult and Online Undergraduate Financial Aid Application
Grants and Scholarships
Federal Pell Grant
To view current interest rates and other loan terms, click here.
Federal Direct Subsidized and Unsubsidized Loans
Loans will be processed for all undergraduates in the amount listed on their financial aid award. Students who wish to reduce or refuse their Loan must notify the Financial Aid Office in writing or by email to firstname.lastname@example.org. Complete loan processes for the upcoming academic year after June 1.
STEP 1. Complete a Direct Loan Master Promissory Note (MPN).
**If you received a Direct Subsidized or Unsubsidized Loan at any school in 2010-11 or after, you do not need to sign a new MPN.
STEP 2 . All new borrowers must also complete Federal Direct Loan Entrance Counseling
Federal Parent PLUS Loan
Parents of dependent students may apply for a Federal Direct Parent PLUS Loan up to the student's cost of attendance, less other financial aid received. Only one parent is the borrower on the PLUS Loan, and application processes must be completed for each Ashland University child you wish to borrow for.
To apply, parents must carefully follow these steps for the upcoming academic year after March 1 at studentloans.gov by "Signing In" with the parent's FSA ID.:
STEP 1. Every year at studentloans.gov, click "Log In" and sign in with your FSA ID and password. "Request a Direct PLUS Loan," and choose the "Direct PLUS Loan Request for Parent Borrowers" loan type to request the dollar amount of your loan and have a credit check completed. Remember to factor in the loan fee the government deducts from your loan when requesting the amount. To view the current fee percentage, click here.
STEP 2. For new Federal Direct Parent PLUS Loan borrowers, also "Complete a Master Promissory Note (MPN)" at studentloans.gov.
STEP 3. Ashland University will be notified electronically from the US Dept of Education that you have applied for a PLUS Loan.
STEP 4. If your credit is approved, Ashland University will process the loan. If denied, we will add additional Unsubsidized Stafford Loan funds ($4,000 or $5,000 depending on the student's grade level to your student's financial aid award if he or she is eligible.
Private Alternative Education Loans
Students who need more loan funds than what has already been awarded in federal loans can apply for a private education alternative loan. You will need to choose a lender and apply to that lender for the loan. Private education loans are credit-based, and students are more likely to be approved if they apply with a credit-worthy cosigner.. Ashland University has provided a Private Loan Comparison List for your review, but you may select any lender you wish. If you apply with a lender not on the Comparison List, please have the lender send their School Certification Form to Ashland University's Financial Aid Office for completion.