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Financial Aid

Financial assistance (financial aid) awarded through Argosy University may consist of a combination of federal grants, scholarships, state aid programs, loans, and/or part-time work-study opportunities for those who qualify. Different forms of financial aid are explained later in this section.

Students complete the Free Application for Federal Student Aid (FAFSA) to apply for financial assistance. After students are accepted and complete the appropriate paperwork, students will receive an award letter from Argosy University describing their Financial Aid Package.

Types of Financial Aid

  1. 1

    Federal Work Study Program

    Available to graduate and undergraduate students, eligibility for this program is based on financial need as determined by the results of the FAFSA.

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  2. 2

    Scholarships

    Scholarships are financial awards that typically do not have to be repaid. Funds are provided by a variety of government, civic and professional organizations as well as the school itself.

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  3. 3

    Grants

    Grants are financial awards that typically do not have to be repaid. They are usually based on financial need.

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  4. 4

    Loans

    A loan is financial aid which must be repaid to the lending institution. Eligibility, interest rates, payment deferment periods (if any), and loan amounts vary by the type of loan the student obtains.

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  5. 5

    Loan Repayment Programs

    A number of Loan Repayment Programs are available to assist qualified individuals with repaying their student loans.

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How to Apply

Students must be enrolled at least half-time to be eligible for most types of financial aid. The Free Application for Federal Student Aid (FAFSA) is used to determine the amount of assistance for which a student is eligible. The FAFSA is designed to collect personal and financial information which is used to calculate financial need and determine eligibility for financial aid. This analysis takes into account factors such as income, assets, number of family members in the household, and the number of family members enrolled in college.