Higher education opens doors to new opportunities and experiences, but the financial burden of college can be overwhelming. Husson University understands the challenges students face in funding their education and offers a comprehensive range of financial aid options to make college more affordable.
Financial Aid Snapshot
Husson University is committed to providing financial assistance to students with financial need. According to the National Center for Education Statistics, in the 2019-20 academic year, 98% of Husson University students received some form of financial aid. The average award from all sources was $20,393, with 67% of students receiving scholarships or grants.
Types of Financial Aid
Husson University offers various types of financial aid to meet the financial needs of students:
- Scholarships: Scholarships are awarded based on merit, academic achievement, and other criteria, and do not require repayment.
- Grants: Grants are awarded based on financial need and do not require repayment.
- Loans: Loans are borrowed funds that must be repaid with interest. Husson University offers both federal and private loans.
- Work-Study: Work-study programs provide on-campus or off-campus employment opportunities to students who demonstrate financial need.
Eligibility Requirements
Eligibility for financial aid at Husson University is determined by the following criteria:
- Financial need: Students must have financial need as determined by the Free Application for Federal Student Aid (FAFSA).
- Academic progress: Students must maintain satisfactory academic progress towards their degree.
- Enrollment status: Students must be enrolled at least half-time in a degree-seeking program.
Applying for Financial Aid
To apply for financial aid at Husson University, students must submit the following documents:
- Free Application for Federal Student Aid (FAFSA)
- Official high school or college transcripts
- Verification documents (if requested)
Financial Aid Deadlines
The priority deadline for financial aid at Husson University is March 1st. Students who apply before this date will receive priority consideration for scholarships and grants.
Husson University Financial Aid Calculators
Husson University offers online financial aid calculators to help students estimate their eligibility for financial aid, calculate monthly loan payments, and compare loan options. These calculators are available on the Husson University website.
Strategies for Managing Financial Aid
To maximize their financial aid options, students should consider the following strategies:
- Explore all financial aid options, including scholarships, grants, loans, and work-study.
- Apply for financial aid early to meet deadlines and receive priority consideration.
- Maintain satisfactory academic progress to retain financial aid eligibility.
- Consider part-time work or internships to supplement financial aid.
- Track expenses and budget wisely to make the most of available funds.
Frequently Asked Questions (FAQs)
1. What is the average financial aid award at Husson University?
The average financial aid award from all sources at Husson University is $20,393.
2. How do I apply for financial aid?
To apply for financial aid at Husson University, students must submit the FAFSA and other required documents.
3. What is the priority deadline for financial aid?
The priority deadline for financial aid at Husson University is March 1st.
4. What strategies can I use to manage financial aid?
To manage financial aid effectively, students should explore all options, apply early, maintain academic progress, consider part-time work, and budget wisely.
5. How can I find out more about financial aid at Husson University?
Students can contact the Husson University Financial Aid Office at (207) 941-7370 or visit the university’s website for more information.
