Introduction
Aurora University is committed to making higher education accessible to all deserving students, regardless of their financial background. Through a comprehensive range of financial aid programs, the university strives to bridge financial gaps and empower students to pursue their academic aspirations.
Types of Financial Aid
Aurora University offers a wide array of financial aid options, including:
- Scholarships: Merit-based financial awards that are typically based on academic achievement, athletic ability, or other criteria.
- Grants: Need-based financial assistance that does not need to be repaid.
- Loans: Monetary assistance that must be repaid, typically with interest.
- Work-Study: On-campus employment opportunities that allow students to earn money to help pay for their education.
Eligibility for Financial Aid
Students who meet the following criteria are eligible to apply for financial aid at Aurora University:
- Be a U.S. citizen or eligible noncitizen.
- Be enrolled at least half-time in an eligible degree or certificate program.
- Demonstrate financial need (for need-based aid).
- Maintain satisfactory academic progress.
How to Apply for Financial Aid
To apply for financial aid at Aurora University, students must complete the following steps:
- File the Free Application for Federal Student Aid (FAFSA). The FAFSA is the primary application used to determine eligibility for federal and state financial aid.
- Submit the Aurora University Financial Aid Application. This additional application is required to supplement the FAFSA and determine eligibility for university-specific aid.
- Provide supporting documentation. Aurora University may request additional information, such as tax returns or proof of income, to verify financial need.
Financial Aid Deadlines
Students are strongly encouraged to apply for financial aid as early as possible. The priority deadline for the FAFSA is March 1st. However, applications are accepted until August 1st. The Aurora University Financial Aid Application deadline is June 1st.
Award Notification and Acceptance
Aurora University begins awarding financial aid to eligible students in April. Students who receive financial aid will be notified via email and will receive a Financial Aid Award Letter outlining the types and amounts of aid they have been awarded.
Students must accept their financial aid awards by the deadline indicated in the Award Letter. Failure to accept an award may result in its cancellation.
Disbursement of Financial Aid
Financial aid is typically disbursed directly to the student’s account at the start of each semester. Any remaining funds after tuition, fees, and other expenses have been paid may be refunded to the student.
Financial Aid Counseling
Aurora University provides dedicated financial aid counselors who are available to assist students with the financial aid application process, award maximization, and financial literacy education.
Students are encouraged to contact the Financial Aid Office with any questions or concerns at [email protected] or (630) 892-6431.
Financial Aid Statistics
According to Aurora University’s financial aid website:
- In the 2021-2022 academic year, Aurora University awarded over $120 million in financial aid to students.
- More than 90% of students receive some form of financial assistance.
- The average financial aid package was $25,000 for the 2021-2022 academic year.
Conclusion
Aurora University’s commitment to financial aid is unwavering. The university recognizes that financial challenges should not be a barrier to pursuing higher education. Through a comprehensive range of financial aid programs and dedicated support services, Aurora University empowers students to achieve their academic dreams.
Additional Information
- Aurora University Financial Aid Website
- FAFSA Application
- Aurora University Financial Aid Application