Federal Aid Programs
Range of Annual Awards
up to $6195
up to $7,500; up to $12,500 for Independent Students
full cost of attendance as defined by Department of Education (less other aid)
up to $4,000
There are also Alternative Private Loans available for further financial help in paying for college. You can find information on Alternative Loans at https://www.fastproducts.org/choice/obu. We encourage families to pursue federal loan programs first.
How to Apply
Apply for federal aid listed above by completing the Free Application for Federal Student Aid online at www.fafsa.ed.gov. Applications for the coming school year become available after October 1 each year. You must reapply each year. Applications received prior to May 1 receive funding priority. (2018 income information is required for the 2020-21 application.)
- FAFSA Filing Tips for Applicants in Unique Situations
- FAFSA Tips & Common Mistakes to Avoid-https://www.nasfaa.org/fafsa_tips
- FAFSA Checklist 2019
The Higher Education Amendments require the university to define and enforce standards for satisfactory academic progress to encourage students to successfully complete degree requirements within 4 years (8 semesters).