Strayer University is a private, for-profit university with over 120 campuses across the United States. The university offers a wide range of undergraduate and graduate programs, including online and accelerated options. Strayer is committed to providing access to higher education for all students, regardless of their financial situation.
Financial Aid Options
Strayer offers a variety of financial aid options to help students pay for college. These options include:
- Grants: Grants are free money that does not need to be repaid. Strayer offers a number of grants, including the Pell Grant, the Federal Supplemental Educational Opportunity Grant (FSEOG), and the Iraq and Afghanistan Service Grant.
- Scholarships: Scholarships are also free money, but they are typically awarded based on academic merit, financial need, or other criteria. Strayer offers a number of scholarships, including the Presidential Scholarship, the Dean’s Scholarship, and the Alumni Scholarship.
- Loans: Loans are borrowed money that must be repaid with interest. Strayer offers a variety of loans, including the Federal Direct Stafford Loan, the Federal Direct PLUS Loan, and the Federal Perkins Loan.
- Work-study: Work-study is a program that allows students to work part-time on campus to earn money to help pay for college. Strayer offers a number of work-study positions, including positions in the library, the bookstore, and the admissions office.
How to Apply for Financial Aid
To apply for financial aid, students must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is a form that collects information about the student’s and their family’s financial situation. The FAFSA is used to determine the student’s eligibility for federal and state financial aid.
How to Maximize Financial Aid
There are a number of things students can do to maximize their financial aid. These tips include:
- Apply early: The FAFSA is available on October 1st of each year. Students who apply early are more likely to receive the maximum amount of financial aid.
- Complete the FAFSA accurately: It is important to complete the FAFSA accurately and completely. Any errors could delay the processing of the application and could result in the student receiving less financial aid.
- Submit all required documentation: The FAFSA may require students to submit additional documentation, such as tax returns or proof of income. Students should submit all required documentation as soon as possible.
- Explore all financial aid options: There are a variety of financial aid options available to students. Students should explore all of their options to find the best fit for their needs.
- Meet with a financial aid counselor: Financial aid counselors can help students understand their financial aid options and complete the FAFSA. Students should meet with a financial aid counselor if they have any questions about financial aid.
Additional Resources
The following resources can provide additional information about financial aid at Strayer University:
- Strayer University Financial Aid Office
- Federal Student Aid
- National Association of Student Financial Aid Administrators (NASFAA)
Frequently Asked Questions
What is the FAFSA?
The FAFSA is the Free Application for Federal Student Aid. It is a form that collects information about the student’s and their family’s financial situation. The FAFSA is used to determine the student’s eligibility for federal and state financial aid.
When is the FAFSA available?
The FAFSA is available on October 1st of each year.
How do I apply for financial aid?
To apply for financial aid, students must complete the FAFSA. The FAFSA is available online at https://studentaid.gov.
What is the deadline to apply for financial aid?
The deadline to apply for financial aid is June 30th of each year. However, students are encouraged to apply early to ensure that they receive the maximum amount of financial aid.
What are the different types of financial aid?
The different types of financial aid include grants, scholarships, loans, and work-study.
How do I choose the best financial aid option for me?
Students should explore all of their financial aid options to find the best fit for their needs. They should consider their financial situation, their academic goals, and their career plans.
Conclusion
Strayer University is committed to providing access to higher education for all students, regardless of their financial situation. The university offers a variety of financial aid options to help students pay for college. Students who take the time to explore their financial aid options and apply early are more likely to receive the maximum amount of financial aid.
Tables
The following tables provide additional information about financial aid at Strayer University:
| Type of Aid | Amount | Eligibility |
|---|---|---|
| Pell Grant | Up to $6,895 | Students who demonstrate financial need |
| FSEOG | Up to $4,000 | Students who demonstrate financial need |
| Iraq and Afghanistan Service Grant | Up to $6,195 | Students who are children of veterans who died or were permanently disabled in the line of duty after September 11, 2001 |
| Presidential Scholarship | Up to $5,000 | Students with a high school GPA of 3.5 or higher and a SAT score of 1200 or higher |
| Dean’s Scholarship | Up to $2,500 | Students with a high school GPA of 3.0 or higher and a SAT score of 1050 or higher |
| Alumni Scholarship | $1,000 | Students who are children of Strayer University alumni |
| Federal Direct Stafford Loan | Up to $12,500 | Students who are enrolled at least half-time |
| Federal Direct PLUS Loan | Up to the cost of attendance | Parents of students who are enrolled at least half-time |
| Federal Perkins Loan | Up to $5,500 | Students who demonstrate financial need |
| Work-study | Up to $2,000 | Students who demonstrate financial need |
| Year | Number of Students Receiving Financial Aid | Amount of Financial Aid Awarded |
|---|---|---|
| 2018-2019 | 90,000 | $1.5 billion |
| 2019-2020 | 95,000 | $1.6 billion |
| 2020-2021 | 100,000 | $1.7 billion |
| State | Average Financial Aid Award |
|---|---|
| California | $10,000 |
| Florida | $9,500 |
| Texas | $9,000 |
| New York | $8,500 |
| Pennsylvania | $8,000 |