About Financial Aid

ASU Financial Aid

ASU financial aid

You have lots of ways to pay for college

It’s no secret that college is a major investment. But studies show that it’s an investment that pays dividends. And the good news is, you have access to many forms of financial aid to help pay for it — you’re not alone in this. Learn about the various types of financial aid, how to get them and everything else you need to know to get help paying for college.

Watch video: What type of aid is being offered?

 

How do I get financial aid at ASU?

 

  1. Create an FSA ID

    Whether you’re a student or parent, you’ll need to create your own account on studentaid.gov to complete federal student aid tasks. You’ll use the same FSA ID every year.

  2. Fill out the Free Application for Federal Student Aid

    You’ll need your driver’s license, bank statements, parent information and more. You can file yours beginning Oct. 1. ASU’s Federal School Code is 001081. Complete the FAFSA form here.

  3. Review your Student Aid Report (SAR)

    This will be emailed to you from the Department of Education 3-4 days after your FAFSA has been processed.

  4. Look out for additional verification documents we need to process your FAFSA in My ASU

    Return the documents quickly so that we can continue to process your file without delays.

  5. Financial Aid and Scholarship Services will send you your Financial Aid Offer letter

    Review your offer through the finances tab in My ASU. About five days before classes start, financial aid disbursement begins. Your scholarship and grant money will automatically be applied. You will need to accept loan offers before those funds are available. If you have any financial aid funds left over after paying your tuition and other charges, you’ll receive a refund. The quickest way to get your refund is to enroll in direct deposit.

  6. Apply for Scholarships

    After you submit the FAFSA, you can explore scholarships using the scholarship search tool. Scholarships are gift aid — money for college that you don’t have to repay. And there are tons of scholarships out there for all kinds of students based on region, interests, majors, goals and lots more. Apply for any and all that you qualify for no matter how small they may seem. They add up quickly.

  7. Enroll In direct deposit

    If you have any financial aid funds left over after paying your tuition and other charges, you’ll receive a refund. The quickest (and safest) way to get your refund is to enroll in direct deposit.

  8. Maintain eligibility

    You’ll need to maintain a certain GPA and complete relevant coursework in a certain timeframe. If you are a scholarship recipient, you’ll need to meet renewal criteria.

  9. File a FAFSA every year

    You’ll need to submit a new FAFSA every year you’re in college to continue receiving federal financial aid.


Frequently asked questions

Most ASU students qualify for some form of financial aid. To be eligible for most federal, state and ASU funding, you must:

  • Meet eligibility requirements set by the U.S. Department of Education.
  • File a FAFSA for the current academic year.
  • Be admitted as a degree-seeking student to a qualified undergraduate, post-baccalaureate, graduate or eligible certificate program. (For information about your particular certificate program, contact Financial Aid and Scholarship Services). Some types of aid are restricted to certain degree levels and/or programs.
  • Be registered with the Selective Service Administration, if required by law.
  • Not be in default on any prior student loan.
  • Not owe a repayment on any Title IV financial aid.
  • Be making Satisfactory Academic Progress.
  • Submit all requested documents and those documents must not be found to limit your eligibility.
  • Enroll in ASU classes such that it allows for disbursement of your offered financial aid (see ASU’s census policy).

The amount of financial aid you’re eligible to receive depends on lots of variables. Try ASU’s Net Price Calculator to get an idea of how much financial aid you might receive and what your total costs could look like.

What kind of aid can I get to pay for college?

Scholarships

Scholarships provide free money that you apply for based on various criteria such as academic achivement, background, financial needs, interest and more.

Grants

Grants provide students who have a demonstrated need, money that doesn't need to be paid back.

Work-study

Federal Work-Study provides opportunities to work a part-time job.

Loans

A loan provides money from the government or a private institution that you borrow for school and that you have to repay with interest.

Important financial aid, scholarship and disbursement dates

Oct 1

FAFSA opens

The FAFSA opens for the following year. The earlier you submit, the more financial aid you’re likely to get.

Jan 15

FAFSA priority date for first-year on-campus students, Obama recipients and CAG recipients

This is the FAFSA priority deadline, and Obama Scholarship and College Attainment Grant deadline. All documents must be completed and submitted by this date to maintain eligibility.

Sept 15

Scholarship portal opens

ASU’s Scholarship Portal opens and scholarship opportunities are available. Note that scholarship deadlines vary so start exploring and applying early.

 

Note:  10 days before the start of each semester – Financial aid funds begin to disburse and you can start paying your charges. Watch video: How does my financial aid pay for my charges?

Contact us

ASU’s Student finance teams are here to help.

Incoming students

Incoming first-year and transfer students
Connect with your  admission team member.

Incoming graduate students
Connect with your graduate admission team member.

Incoming military/veteran students
Connect with your Pat Tillman Veterans Center team member.

Incoming international students and ASU Online students
Call us at 1-855-278-5080 or launch an instant chat session. Visit the My ASU Help tab to email a specific question.

Current students 

Call us

1-855-278-5080

Email us

Visit the My ASU Help tab to email a specific question.

Chat with us

Launch a chat session