Sources of Aid
Financial aid comes from many sources and is available for nearly everyone. Whether you're an undergraduate or graduate student, new student, returning, or transferring, you should check out what aid is available for you.
Check through the below categories to find out more about them and opportunities available for you.
Institutional Aid – Various forms of aid granted by Franciscan University.
State Aid – Aid that comes from a student’s state of residence.
Outside Aid – Scholarships, grants, and loans that come from any other source.
Federal Aid – Scholarships, grants, and loans that come from the federal government.
Find out more about each type of aid below.
Franciscan University is able, through the generosity of donors, to award a limited amount of financial assistance to students.
Academic Scholarships are awarded through the Admissions Department upon entering the University. Please refer to Admissions for more information.
Institutional grants are awarded each year based on several factors including, but not limited to, financial need, academic standing and test scores upon entering FUS, housing status, and course load.
Family Tuition Discount:
The Family Discount is available to families with two or more children at Franciscan University. To be eligible students must be full time during the same semester and be financially dependent on their parents for their education. To apply, fill out the Family Discount Form.
State grant programs are funded by the student's home state of residence. Eligibility is based on your (and your parents', if you are a dependent) state of legal residence. At this point, states that participate include:
Students are able to apply for scholarships and loans from third-party organizations and lending institutions. We are happy to assist you in finding as many outside sources of assistance as you are eligible for.
The Federal government offers different types and levels of financial aid for higher education. Some are grants, some are loans, and other aid is earned while in college through the work-study program.
These allow you to borrow money for education at a low interest rate. You must repay your loans, with interest.
Important Federal Direct Loan Information
Be sure to complete your Federal Direct Loan Master Promissory Note and Entrance Counseling Form at StudentLoans.gov.
Therse are financial aid awards that do not have to be repaid.
|Federal Pell Grant
||Must complete a FAFSA and demonstrate high financial need based on the information contained therein, undergraduate students only
||Ranges from $620 to $5730/year
||This is awarded automatically based on your estimated family contribution (EFC)
|Federal Supplemental Educational Opportunity Grant (SEOG)
||Must complete a FAFSA and demonstrate high financial need as determined by the financial aid office, undergraduate students only.
||Franciscan receives a very limited amount of resources for this grant and will award it to the neediest students until funds are depleted.
Federal TEACH Grant
Learn about the TEACH grant.
Entrance Counseling and ATS
|U.S. Citizen, ACT/ SAT score or GPA requirements, enrolled in FUS TEACH eligible program in Department of Education, plan to teach full time in a high need field in a low income school for a minimum of 4 years
||Undergraduate: $1000-$4000/year with a maximum of $16,000
Graduate: $1000-$4000/year with a maximum of $8000
|See website for complete details, this WILL turn into a loan under several circumstances
Federal Work Study
This allows you to earn money for your education in an on-campus job with flexible hours. We administer the Federal Work Study program through our Student Work Opportunity Program (SWOP)