Types of financial aid

Loans, state grant assistance, scholarship programs, and loan repayment of forgiveness program listings. ATSU Enrollment Services does not participate in preferred lender arrangements, and has no preferred lender list for either federal or private loans.

Scholarships and awards

ATSU offers internal scholarships as well as connecting students with external scholarships.

• List of available scholarships and awards
• ATSU Diversity Scholarships

Work-Study

Work-Study provides part-time jobs fo students with financial need, allowing them to earn money to help pay education expenses.

Loans

ATSU’s Enrollment Services assist students to find the right resources to fund their education. Available loan programs.

How to apply for aid

• Required criteria to apply
• Eligibility requirements

How loans are disbursed

• Receiving loan money

Sample loan repayment schedule

• Managing your debt
• View a sample loan repayment schedule (pdf)

How refunds are determined

Requirements for withdrawal (University Catalog), institutional refund formula, return of Title IV funds formula, policies and procedures for post-withdrawal disbursements.

Institutional Refund Formula – All students at ATSU will be assessed based on the date of course drop or program withdrawal. Program withdrawals will be processed using the Return of Title IV funds formula.

Return of Title IV Funds Formula - If a Title IV recipient withdraws during a payment period, the institution must calculate the amount of Title IV funds that was unearned by the student.

• Institutional Refund Policies
• Return of Title IV Funds
• Post Withdrawal Disbursement Policy

Rights and responsibilities of students receiving financial aid

Entrance and exit counseling, satisfactory academic progress, repayment, FAFSA verification. The following are listed under each school’s program:

• Entrance and Exit Counseling
• Satisfactory Academic Progress Policies
• FASFA verification disclosures
• Loan responsibilities and repayment

Disclosure requirements

Information from the Department of Education, penalties for drug law violations, code of conduct for education loans, private education loan disclosure.

• Student loan information published by the Department of Education
  
• Notice of federal student financial aid penalties for drug law violations
• Code of conduct for education loans

Private education loan disclosure

ATSU offers a student federal financial aid up to the student’s cost of attendance. Students who elect to accept Direct Federal Student loans totaling the full cost of attendance are not eligible for private loans. If the full cost of attendance has not be accepted, the remaining budget amount may be certified to the private lender. Students without U.S. citizenship who are not eligible for federal loans or students who are enrolled at less than half-time status may want to inquire about private loan eligibility.

If required, a Private Education Loan Applicant Self-Certification form (pdf) may be provided upon request.

Things to know

• Requested Amounts: ATSU must not exceed the full financial aid offer (cost of attendance) when approving a student’s federal or private loan requests.
• Creditworthy: Approval of your Grad PLUS or private loan is contingent upon your creditworthiness.
• Variable Loan Terms: Private lenders can change the terms of your loans since they are not federally insured.
• Varied Interest Rates: Interest rates are dependent on your credit score.
• Consolidating: Private loans often cannot be consolidated.
• Loan Forgiveness: Private loans cannot be forgiven if borrower ends up working in the public service arena.