Financial Aid

Summer Financial Aid just got easier! Summer financial aid is being automatically packaged for all students who are seeking a degree/certificate in a Title IV-eligible program of study, have enrolled for summer semester and submitted a FAFSA. Please monitor your email and Self-Service for updates to your financial aid.

Calculate Your Cost of Attendance

How much should I expect to pay?

The Ashland University Net Price Calculator will help you estimate your out-of-pocket costs as well as provide an estimate of financial aid for your upcoming year. First-year and transfer students can be financially prepared to begin your college education.

First-year students will need your high school GPA and your ACT score. Transfer students will need their cumulative college GPA and college credit hours accrued.

Please note that this is an estimate; its result is formulated from the information provided. You will receive an official offer once your FAFSA and all required documentation are received.

Net Price Calculator Cost of Attendance Calculator

Types of Financial Aid

Scholarships

Ashland University offers a broad range of scholarships to recognize achievement in academics, athletics, the arts and other areas. Students may also benefit from grants or scholarships received from outside, private sources.

Grants and Loans

Federal and State grants and loans are other types of aid you could be eligible for if you meet academic, income or other requirements based on the FAFSA.

Student Employment

On-campus and off-campus student employment can also help students pay for their education while obtaining valuable experiences and skills for the future.

Types of Financial Aid

Ashland University Scholarships

Federal & State Grants

Loans

Student Employment

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Financial Aid For Your Student Type

Let us guide you to an education within your reach

Paying for college can be challenging, but when you choose Ashland University, you choose a team that works on your behalf every step of the way.

Check your eligibility for a variety of scholarships

We offer scholarships for accomplishments across a wide range of areas. There are countless opportunities that can cover a significant portion of your cost from academic scholarships to music, art, theater, and athletic scholarships. While you will want to apply for any scholarships that are available in your local area, Ashland University offers merit and need-based scholarships to assist towards your educational costs. Make sure you contact your major department to inquire about additional funding opportunities. We encourage you to apply for admission early as all financial aid administered by Ashland University is offered annually on a first-come, first-served basis. Priority is given to students who have submitted a Free Application for Federal Student Aid (FAFSA).

Financial aid and scholarships to help you

At Ashland University, you have a team of experienced financial aid counselors working on your behalf. Ninety-eight percent of AU students receive financial aid through a variety of sources.

We offer scholarships for accomplishments for a variety of areas. There are countless opportunities that can cover a significant portion of your cost from academic scholarships to music, art, theater, and athletic scholarships. While you will want to apply for any scholarships that are available in your local area, Ashland University offers merit and need-based scholarships to assist towards your educational costs. Make sure you contact your major department to inquire about additional funding opportunities.

All financial aid administered by Ashland University is offered annually on a first-come, first-served basis, and you need to reapply each year. Priority is given to students who have submitted a Free Application for Federal Student Aid(FAFSA) by the April 1 priority date.

Helping graduate students pay for college

Ashland University has several scholarships available to graduate students. Additionally, graduate students may have the option to borrow Federal Direct Student Loans or Private Educational Loans to help pay for their educational costs. You must submit the Free Application for Federal Student Aid (FAFSA) annually to be considered for Federal Direct Student Loans and student employment.

Visit the Federal Student Aid Repayment Estimator to calculate loan payments and choose a loan repayment option that best meets your needs.

Financial Aid Steps

College Cost Transparency Initiative seal

Ashland University is committed to using the Principles & Standards of the College Cost Transparency Initiative in its student financial aid offer.

Apply — Complete your FAFSA by April 1 using Ashland University’s school code 003012. You and your parent(s) will each be prompted to create your own FSA ID when you log on to the FAFSA site and you will use that FSA ID to sign your completed FAFSA.

Complete your FAFSA

Review Financial Aid Offer — Review your offer on Self-Service. All prospective and current students will be notified in their AU email that their Financial Aid Offer is available. Check your Ashland University email account frequently for revised offers and important notices from the Financial Aid Office.

Review Financial Aid Offer

Complete Loan Processes — For any federal loans listed on your Financial Aid Offer that you wish to accept, federal loan borrowing requirements must be completed. If you wish to accept, accept a portion or decline any of your loans, please do so in Self-Service no later than the last day of the loan period.

Complete Loan Processes

Consider Other Funding Options — Once you have reviewed your financial aid offer and determined your remaining net costs, review other funding options such as federal or private loans and/or an AU payment plan.

Federal & Private Loans

Financial Aid Forms

Financial Aid on Your Bill

The billing statement shows your actual charges for one semester, less any financial aid that has been credited to your account and what you owe. Certain situations may impact the ability for financial aid to apply to your billing statement. Reasons include:

Federal grants and loans do not get credited to your account until 10 days before your first class of the semester begins.
The Financial Aid Office may be waiting on requested documents, such as verification and/or tax returns, and some of your financial aid may be on hold awaiting document completion.
You may still need to complete the required loan processes.
Federal student loans have an origination fee; therefore, the amount you may receive as a disbursement may be slightly lower than the amount you accepted.

Reasons for variations in your billing statement may include:

You may be taking classes with extra course or departmental fees not estimated on the financial aid offer letter that cover lab materials, assessments or certifications.
Selection of a different higher priced housing and/or meal plan option that increased your costs.
You may still be eligible to waive your Student Health Insurance Fee that has not been waived by the student.
Assessed a tuition overload fee.

Student employment earnings do not apply directly to your bill until you secure an on-campus job, complete a student employment contract with the Student Accounts Office, and earn funds over time based on hours worked.

For questions about your billing statement, view the Student Accounts Office page.

Financial Aid FAQs

There are a variety of factors that are considered when AU offers financial aid to students including:

High School GPA
ACT and/or SAT scores
FAFSA results
Departmental selection of scholarship recipients

If you are an incoming undergraduate or graduate student, the Financial Aid Office will begin the awarding process in January for undergraduate students and March for graduate students. We will continue to award on a weekly basis for the duration of the year.

If you are a returning undergraduate or graduate student, the Financial Aid Office will begin the awarding process in the spring for the upcoming academic year.

Ashland University’s school code (003012) must be included on your FAFSA, and your social security number on your FAFSA and on file in AU’s system must match. Check with your Admissions Representative or the Registrar's Office to ensure your social security number is correct.

If we’ve received all required paperwork, aid will disburse to your account before the beginning of the term to which it applies. Please note: Federal aid and private education loans aren’t credited to your account until 10 days before each term begins. If you are eligible for a refund, it will be available after you attend your first class or complete an academic activity in an online course.

It is important that you check with the Financial Aid Office before you finalize your plans to live off-campus, especially if you are changing your housing plans from on-campus to off-campus after your financial aid offer letter was finalized. If you do not have this conversation in advance, you may find yourself owing money back to the university later in the semester.

Students attending less than full-time may still qualify for some types of aid, including the Ohio College Opportunity Grant, Federal Pell Grant and Federal Direct Loans. Ashland University institutional aid is only available to full-time students who pay the undergraduate, traditional comprehensive tuition rate.

The federal government pays the interest on Federal Direct Subsidized loans for undergraduate students enrolled at least half-time. Interest accrues on Unsubsidized Loans for undergraduates and graduates upon disbursement and until paid in full. See studentaid.gov for more information about federal loans.

The maximum amount an undergraduate student can borrow each year ranges from $5,500 to $12,500, depending on their year in college and their dependency status. Students must be enrolled at least half-time (6 credit hours or more) to borrow Federal Direct Loans.
The maximum amount a graduate student can borrow each academic year is $20,500 (two consecutive terms). Students must be enrolled at least half-time to borrow Federal Direct Loans.

If you are not enrolled at least half-time, your six-month grace period will begin. If you resume half-time enrollment, your loans will again be deferred as long as you remain enrolled at least half-time.

You must be enrolled in at least one class for AU to process your financial aid. If you are enrolled at AU and another school simultaneously, a consortium agreement may be needed so you can receive your full eligibility for federal aid.

You may or may not be eligible for AU grants or scholarships while enrolled in study abroad. However, you may be eligible for federal and/or state aid.

Summer financial aid will be automatically packaged for all Undergraduate and Graduate students who are seeking a degree/certificate in a Title IV-eligible program of study, have enrolled for summer semester and submitted a FAFSA. Summer financial aid awarding will begin in early April.