Financial aid overview
Investing in higher education is a big decision, and we want to make sure you have all the resources and information you need to properly prepare for your future.* Many financial aid resources are available to those who qualify and can help you cover the costs of your education.
We know the importance of funding your education, and the information below can help you get started. Remember, it's never too early to start the financial aid process.
Even if you have not yet applied to or been accepted to the Argosy University campus of your choice, it is important that you obtain the Free Application for Federal Student Aid (FAFSA) code for Argosy University. All Argosy University campuses use the same FAFSA school code: 021799. This code will need to appear on your FAFSA Application. Learn more about completing the FAFSA and applying for federal aid here.
Please note that the following information is subject to change at any time. For more information about the funding options listed below, please review our Financial Aid Guide or contact our Student Financial Services team.
* Financial aid is available for those who qualify.
Federal student aid options
Federal Pell Grant
This is the basic federal grant program for undergraduate students who are eligible for Federal Aid and who do not have a previous bachelor's degree. Eligibility for the Pell Grant is based on financial need, as determined by the data submitted on the Free Application for Federal Student Aid (FAFSA).
Federal Supplemental Educational Opportunity Grant (FSEOG)
Funds from this federal program are extremely limited. Awards are for undergraduate students with financial need. As with Federal Pell Grants, need is determined from the information presented on the FAFSA form.
Federal Direct Loan
Most students who receive financial aid borrow from the Federal Direct Loan Program. Students need to apply for a Direct Loan by completing and submitting the Free Application for Federal Student Aid (FAFSA) and signing a Master Promissory Note.
Federal Parent PLUS Loan
This loan is for eligible parents of dependent students. The parent borrower must pass a credit check. The parent may borrow up to the cost of attendance, minus all other aid.
Federal Graduate PLUS Loan
This loan is for graduate students. The borrower must pass a credit check. The student may borrow up to the cost of attendance, minus all other aid.
Additional funding options
Argosy University payment options
Many students incorporate cash payments as part of their financial package. This is a useful way to manage costs and reduce potential debt after graduation. The Student Financial Services team can arrange payment options for students who cannot pay the balance due at the beginning of the term.
State aid programs
Some states offer student financial assistance to undergraduate students who have financial need. Argosy University currently participates in state grant programs in Arizona, Florida, Georgia, Minnesota, Rhode Island, and Vermont. In some of the states listed, students need to prove residency in the state and attend a campus that is located in the state. Each state program has its own eligibility requirements and can be based on need or merit or a combination of both. Eligibility for state grants is subject to change.
Educational assistance benefits may include payments by an employer. Students should contact their employer to explore the specific benefits that may be available.
Private alternative education loans are offered by private lending institutions and are not subsidized by a government agency. Alternative education loans are not to be used as a substitution for federal financial aid loans. They are intended to provide additional funding for your education after all federal loans are sought.
Application for all alternative loan programs can be done on-line directly with the lender of your choice. Students are free to choose any lender they wish. Should you choose a paper Self Certification Form to begin your application, please click here. The Financial Aid Office can help with any questions you might have, including information on the Cost of Attendance and what loan amount you might need when filling this form out.
The Department of Veterans Affairs administers a variety of education benefit programs. Students can refer to www.gibill.va.gov to investigate benefit programs and eligibility.
Explore the benefits available at Argosy University to military students who qualify.
Argosy University scholarships and grants
There are a limited number of institutional scholarships and grants available for students who meet certain criteria. Learn more about the scholarships and grants available at Argosy University here.
Education Foundation Scholarship
The Education Foundation works steadily with Argosy University leadership and their scholarship committees, building solid scholarship programs. Argosy University has become very active in the past few years, awarding scholarships to hundreds of students across its entire network of schools.
The Education Foundation is a non-profit tax-exempt foundation under Section 501(c)(3) of the Internal Revenue Code. The Foundation is supported by contributions from multiple sources, and provides scholarships to students who attend Education Management Corporation (EDMC) owned schools.
To learn more about Education Foundation Scholarships, contact the Financial Servces office at your school.
Scholarship funds are provided by a variety of government programs, civic organizations, professional groups, etc., and by some employers. Each scholarship granting entity determines eligibility and amounts.
Federal work-study (campus locations only)
Eligibility for this program is based on need and funds are limited. Jobs are offered to undergraduate and graduate students. Federal Work Study (FWS) jobs are paid at least the federal or state minimum hourly wage and sometimes more. Most students work 10 to 20 hours each week. Earnings from FWS are not counted as income when a student applies for aid the following year.
Iraq and Afghanistan Service Grant Award
An otherwise Pell Grant-eligible student whose parent or guardian lost their life as a result of U.S. military service in Iraq or Afghanistan after September 11, 2001, may receive increased amounts of Federal Student Aid. There are two different provisions for such students, depending on whether the student has an EFC that falls within the range for Pell eligibility.
Student Education Loan Fund (SELF) – Twin City campus only
The SELF Loan is a long-term, low-interest educational loan primarily for Minnesota students who need assistance paying for education beyond high school. Eligible students must be Minnesota residents attending eligible post-secondary institutions in-state or out-of-state or non-residents attending eligible post-secondary institutions within Minnesota. In order to maintain eligibility, students must attend a SELF eligible school, enroll at least half-time, and make satisfactory academic progress.