Financial Aid at Aurora University

Hi all! I'm considering attending Aurora University and I'm curious to know more about their financial aid process. Can anyone who's been through the process at Aurora provide some insight on what to expect, how to best apply, and the types of financial aid packages available? Thanks so much!

Hi! It's great to hear that you're considering Aurora University. I can provide you with some general information about the financial aid process at Aurora.

First, you'll want to complete the Free Application for Federal Student Aid (FAFSA) as soon as it becomes available on October 1st, since some aid is awarded on a first-come, first-served basis. This is the primary form required to apply for federal and state financial aid, including grants, loans, and work-study. Aurora University's FAFSA code is 001634. Completing the FAFSA early will ensure that you maximize your eligibility for different types of aid.

At Aurora University, financial aid packages generally consist of a combination of grants, scholarships, loans, and work-study opportunities. The types of financial aid available include:

1. Merit-based scholarships: These are awarded based on your academic achievements, such as your high school GPA and any extracurricular accomplishments. At Aurora, there's a range of scholarships available, with varying award amounts and eligibility requirements.

2. Need-based grants: These are awarded based on the financial need demonstrated through your FAFSA. Examples include the Federal Pell Grant, the Federal Supplemental Educational Opportunity Grant (FSEOG), and the Illinois Monetary Award Program (MAP) for Illinois residents.

3. Student loans: Loans, both subsidized and unsubsidized, may be part of your financial aid package. Subsidized loans, like the Direct Subsidized Loan, are based on financial need and do not accrue interest while you're in school. Unsubsidized loans begin accruing interest as soon as they're disbursed.

4. Federal work-study: This program provides part-time jobs for students with financial need, allowing them to earn money to help pay for education-related expenses.

To ensure you receive the best possible financial aid package, apply early and consider applying for external scholarships as well. Keep in touch with Aurora's financial aid office, as they can help guide you through the process and provide information on additional opportunities or deadlines.

Lastly, utilize Aurora University's Net Price Calculator to get an estimate of your costs and financial aid. This tool can help you get an idea of what you might receive in terms of aid before you even apply.

I hope this gives you a good starting point to navigate the financial aid process at Aurora University. Don't hesitate to reach out to their financial aid office if you have any specific questions or concerns. Good luck!