Scholar Forum

Full Version: Scholarships and Financial Aid
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
Scholarships and Financial Aid


Is college worth the cost?
$36,523,590
SCHOLARSHIPS AND FINANCIAL AID AWARDED

Paying for college is one of the hottest topics these days among students and parents, which leaves many asking "how can I afford to continue my education?"
First, understand that AUM is a fantastic value when you measure the cost to the quality of the education you receive here. That said, "how can I afford to continue my education?" It's a reasonable question and one we are here to help you answer. Because you do have options, many of which you may not know about. We invite you to talk about those options and how we can help you afford to come to school here. 


College is a significant investment — in your future. You have a number of options for financing your education, and we're here to help you make sense of it all. From grants to student loans, to college work-study, we offer more than $36 million in financial assistance to students annually. You'll actually apply for financial aid after you've been accepted as a student to AUM, but we're more than happy to help answer any questions you might have before then. 

Financial Aid


Application Process
  1. Know the FAFSA priority filing deadline: AUM has a priority deadline of March 1st each year. This means the Federal Processor must receive the FAFSA on or before March 1st. Please note that an electronic submission may take 2-5 business days to reach the Federal Processor. For priority consideration, you'll want to file at least a week prior to March 1st.
  2. Apply for an FSA ID: Create an FSA ID by visiting https://fsaid.ed.gov/npas/index.htm. If you are a dependent student, your parents should also create an FSA ID as they will need to sign your FAFSA as well.
  3. Gather financial information: Collect income and asset information, federal tax returns, etc. for the year prior to the FAFSA award year. For example, if you are filling out the FAFSA for the 2016-2017 academic year, you will need information from your 2015 federal income tax return(s), W-2(s), etc. You will also need to list AUM's Title IV school code (008310) on the FAFSA to have your information released to this institution.
  4. Submit FAFSA: Go to http://www.fafsa.ed.gov to complete your FAFSA online. Make sure that you electronically sign your application with your FSA ID. If you are a dependent student, make sure that one of your parents sign with their FSA ID as well.
  5. Check your AUM email account often: Your AUM email account is the official mode of communication for the university. Be sure to check your email account on a regular basis. If additional information or documentation is needed once you have submitted your FAFSA, an email request will be sent to you.
  6. Aid package will be awarded: The AUM Office of Financial Aid will create an award package and you will be notified of your eligibility. Your aid package will be based on the information provided on the FAFSA, as well as, institutional information. An award information email will be sent once you have been awarded. Also, you may check your Webster account for your award information.