A Guide to Funding Your Education

A Guide to
Funding Your
Education
CONTACT US
Office of Financial Aid
6801 N. Yates Road
Milwaukee, WI 53217
Phone: (414) 410-4048 or (800) 347-8822 x4048
Email: [email protected]
Web: www.stritch.edu/finaid
OFFICE HOURS
Outside of the University holiday and summer hours
schedule, we are available:
Monday to Thursday Friday 8:00 a.m. – 6:30 p.m.
8:00 a.m. – 5:00 p.m.
QUICK LINKS
Tuition and Fees...................................................www.stritch.edu/tuition
Net Price Calculator.....................www.stritch.edu/estimatemycosts
Online Aid Service........................................ www.stritch.edu/onlineaid
FSA ID.................................................................. www.studentaid.gov/fsaid
FAFSA........................................................................................... www.fafsa.gov
Federal Student Aid........................................... www.studentaid.ed.gov
Federal Student Loan................................... www.studentloans.gov
Additional Scholarships............................................... www.fastweb.com
www.stritch.edu
Cardinal Stritch University is an Equal Opportunity/Affirmative Action employer and does not discriminate in its employment practices and activities on a variety of bases, including: race, religion,
color, national origin, sex, age, sexual orientation, creed, or handicap. For information on other covered bases and our Title IX/VA/ADA coordinators, contact the Office of Academic Affairs, 6801
North Yates Road, Milwaukee, Wisconsin 53217, 414-410-4007.
© 2015 Cardinal Stritch University Rev. 10/2015
Dear New and Continuing Students,
One of the most important investments that you will make is to further your
education. For some students, this comes with a lot of fear. One such fear is the fear
that is associated with paying for an education. There is a ton of information out
there about this topic—some of it accurate—some of it not accurate. This is where
the Office of Financial Aid can help.
The mission of Cardinal Stritch University’s Office of Financial Aid is to assist
students and families in an equitable, sensitive, and confidential manner to reduce
financial barriers which could otherwise prevent students from achieving their
educational goals. This is consistent with the University’s mission and is guided by
our Franciscan Values. One thing that I hope you discover as you read this brochure
and explore the financial aid process is that Cardinal Stritch University makes every
effort to make your education as affordable as possible. Driven by this concept and
our mission, we have built an office of Financial Aid staff that is passionate about
student accessibility and service. We strive daily to educate, serve, and empower
our students.
As previously stated, there is a lot of information out there on the topic of Financial
Aid. I encourage you to use this brochure to learn more about the process of
applying for aid and to discover what aid is available that you may qualify for. I also
encourage you to ask questions. Our staff is here to serve you. Call us, email us, or
stop in and see us—we would be happy to answer any of your questions.
As an alumnus of Stritch, I can attest that Stritch is well worth your investment of
time and treasure. It is a place where growth blossoms and people find their mission
in life. I wish you much success as you continue your education!
Pace e Bene (Peace and all Good),
Mark Quistorf
Director, Office of Financial Aid
Table of Contents
The Financial Aid Process.........................................................3
Federal and State Aid.................................................................5
Freshman Scholarships and Grants ........................................7
Transfer Scholarships and Grants............................................9
Funding Your Graduate Education.........................................11
Tips for Admitted and Current Students............................. 12
Frequently Asked Questions.................................................. 13
The Financial
Aid Process
The Office of Financial Aid is here to assist both future
students and current students with the financial aid
process. We will send you a notice when your information is
received as well as reminders if anything else is needed.
Who Should File a FAFSA?
All U.S. citizens and permanent residents seeking to earn an undergraduate or graduate degree are
eligible to file the Free Application for Federal Student Aid (FAFSA). The Office of Financial Aid will
rely on this information to locate grants, loans, and need-based scholarships to help you fund your
education. International students should not file the FAFSA.
Should I Submit an Admissions Application First?
Yes. New students should submit an application for admission before starting the financial aid
process. This helps our counselors locate additional scholarships and grants based on your academic
performance, affiliations, and financial need. Apply online: www.stritch.edu/apply
The Financial Aid Process
Step 1: Create Your FSA ID
Students and parents (of dependent students) will need a login called the FSA ID to access the U.S.
Department of Education website to begin the FAFSA: www.studentaid.gov/fsaid
Step 2: File the Free Application for Federal Student Aid (FAFSA)
Begin the process at www.fafsa.gov and follow the prompts. You need to enter the school code
for Cardinal Stritch University which is 003837. If you have trouble accessing the FAFSA, call their
Customer Service department at (800) 433-3243.
NON-DEGREE STUDENTS
Federal funding options for non-degree seeking students are limited but Stritch does offer convenient
payment plans and methods. Discuss these options with our Business Office at (414) 410-4230.
FAFSA TIP
If you are a dependent student, you will need to submit the tax return that you filled out from
the previous year along with your parents’ tax return. Through the 2016–2017 FAFSA cycle, you
are going to submit your taxes from 2015. Starting in the 2017-2018 FAFSA cycle, you will need
to submit your taxes from two years prior—so you will be submitting your 2015 tax information
for a second time.
Step 3: Receive Your Student Aid Report (SAR)
Use the IRS Data Retrieval Tool to transfer your tax information directly into the application. After you
have submitted the FAFSA, the federal government will send you and the Office of Financial Aid a copy
of the processed application, called a Student Aid Report (SAR). From this report, we will be able to
determine if any additional documentation is required.
Step 4: Review of Your Information
Once everything has been received your information will be reviewed. We will send you a notice if
anything is missing or if additional information is required. Some students might be randomly selected
for verification, which is a normal part of the process. In those cases we will ask you to complete a
Verification Worksheet.
Step 5: Scholarships are Applied
If you have already been accepted by the Office of Admissions to your degree program, we will use
data from your FAFSA and admissions application to automatically award scholarships funded by the
University. In most cases there are no additional forms for you to complete!
Step 6: Review and Accept Your Financial Aid Package
Your financial aid award letter will include any scholarships, grants, and loans for which you are eligible.
You can expect to receive a hardcopy by postal mail in addition to viewing it through our Online Aid
Services: www.stritch.edu/onlineaid
Both new and continuing students can use this service to:
• Manage and accept a financial aid package.
• View a list of required documents and what has been received.
• Download any required forms or documents that are missing.
Federal and
State Aid
Federal Funding
Federal Pell Grants
William D. Ford Federal Direct Loan Program
These grants are awarded to undergraduate
students who have not yet earned a bachelor’s
degree and who demonstrate financial need.
Federal Pell Grants range from $626 to $5,775
per year (full-time amounts), depending on the
student’s need level.
This loan program enables students to obtain
long-term, low-interest loans to help pay for their
educational expenses. Any student with financial
need who is enrolled at Stritch at least half time
in a degree or certificate program, and who is
a citizen or an eligible non-citizen may apply.
Applicants must maintain satisfactory academic
progress. A student must complete the FAFSA
prior to applying for Direct Loans. Repayment
begins 6 months after a student ceases to attend
or falls below half-time enrollment.
Federal Supplemental Educational
Opportunity Grants (SEOG)
These grants are awarded to undergraduate
students who demonstrate exceptional financial
need. The value of SEOG grants is set by the
federal government and may vary from year to
year. The amount of funding for this grant is
limited. Grants are awarded on a first-come first
served basis. It is important to fill out the FAFSA
by the priority deadline.
Federal Work Study
Direct Loans are either subsidized or unsubsidized.
Subsidized loans are awarded based on financial
need. The government pays interest on the loan
until repayment begins and during periods of
deferment. An unsubsidized loan is not awarded
based on need, and interest is charged from the
time the loan is disbursed until it is paid in full.
A program that allows undergraduate and
graduate students with financial need to work
part-time in order to help pay educational
expenses. Students must apply for employment
and be hired in order to participate in the work
study program.
Federal Direct Parent Loan for
Undergraduate Students (PLUS)
Low-interest loan offered to the parent(s) of
dependent undergraduate students. The PLUS
loan is subject to credit approval. Repayment
begins 60 days after final disbursement. However,
the parent may qualify for deferment under
certain circumstances.
These grants and scholarships are awarded to
MAXIMIZE YOUR FINANCIAL AID
Incoming students should apply for admission before beginning the financial aid process. This
helps the Office of Financial Aid award the most scholarships, grants, or need-based opportunities.
State Funding
Wisconsin residents who have not already
earned a bachelor’s degree and plan to enroll at
least half-time.
Wisconsin Grant
A $2,900 need-based state grant available for
eligible Wisconsin resident undergraduates
Eligibility cannot exceed ten semesters.
Wisconsin Talent Incentive Program (TIP)
A grant designed for low income students and
students who traditionally might not attend
college. The student must hold freshman status
to receive the grant initially. The maximum grant
is $1,800 per year for first year students, and up to
$1,800 for subsequent years. Wisconsin residency
is required. To continue to receive the TIP Grant,
students must be enrolled for consecutive terms
and continue to show financial need. Eligibility
cannot exceed ten semesters.
Wisconsin Minority Undergraduate
Retention Grant
A grant for students of African American, American Indian, Cambodian, Laotian, Vietnamese or
Hispanic (including Puerto Rican and Cuban)
heritage. The grant provides assistance to sophomore, junior, and senior minority students with
financial need. Wisconsin residency is required.
Indian Student Assistance Grant
A grant for Wisconsin residents who are at least
25% Native American and are undergraduate or
graduate students enrolled in degree or certificate
programs. Awards are based on financial need
with a limit of ten semesters of eligibility.
Hearing and Visually Handicapped
Student Grant
A grant for Wisconsin residents who show
financial need and have a severe or profound
hearing or visual impairment. Students are
eligible to receive up to $1,800 per year for up
to ten semesters. Please notify the financial aid
department of your potential eligibility.
Academic Excellence Scholarship
Awarded to Wisconsin high school seniors who
have the highest grade point average in each public and private high school throughout the State
of Wisconsin. The number of scholarships each
high school is eligible for is based on total student
enrollment. In order to receive a scholarship, a
student must be enrolled on a full-time basis by
September 30th of the academic year following
the academic year in which he or she was designated as a scholar, at a participating institution in
the state. The value of the scholarship is $2,250
per year, to be applied towards tuition. Half of
the scholarship is funded by the state, while the
remaining half is matched by the institution.
Eligibility cannot exceed eight semesters.
Minority Teacher Loan
A state loan program for students of African
American, American Indian, Laotian, Cambodian,
Vietnamese or Hispanic heritage, who are
undergraduate juniors, seniors or graduate
students, with a 2.5 or greater cumulative GPA,
and are enrolled at least half-time in a program
leading to teacher licensure.
Nursing Student Loan
A state loan program that provides loans to
Wisconsin resident undergraduates or graduate
students who are enrolled at least half-time at
an eligible in-state institution that prepares them
to be licensed as nurses, either RN or LPN. The
maximum award per year is $3,000 with an overall
maximum of $15,000. A student who participates
in this program must contractually agree to be
employed as a licensed nurse in Wisconsin.
Freshman
Scholarships
and Grants
We make a private education affordable for incoming freshmen
taking classes in our daytime programs. Our attractive scholarships
and grants are based on a student’s academic profile, talent, alumni
affiliation, and demonstrated financial need.
Scholarships and Grants
Franciscan Heritage
Scholarships and grants for eligible high school
seniors. Eligibility is based on a student’s cumulative high school GPA and ACT or SAT score. All
students who meet the minimum requirements receive this scholarship or grant at one of five levels.
• Trustee’s Scholarship
• President’s Scholarship
• Dean’s Scholarship
• Merit Scholarship
• Opportunity Grant
Our scholarship calculator can determine what
you are eligible to receive. Enter your high school
GPA and scores from the ACT or SAT:
www.stritch.edu/scholarships
Honors Scholarships
Awarded to select high school seniors who
demonstrate exemplary academic achievement.
Students who meet the qualifications for the
Trustee’s Level Franciscan Heritage Scholarship,
are invited to campus to compete for a Cardinal
Stritch University Honors Scholarship.
Flahive Athletic Scholarships
Awarded to high school seniors who participate as
varsity athletes. Eligibility and scholarship amount
are determined by the respective coach.
International Student Scholarships
service activities and complete the scholarship
application and interview process. Academic and
co-curricular requirements are required to maintain eligibility for this scholarship while a student at
Stritch. Scholarship amounts will vary.
Assisi Visit Grant
Awarded to high school seniors who make an
official visit to campus between the dates of
June 1, 2015 and May 1, 2016. An official visit is
one arranged with the admissions office, a coach,
faculty member, or another official representative
of the University. In addition to visiting campus,
an eligible student must gain acceptance and
enroll full-time.
Visual and Performing Arts Scholarships
These scholarships are awarded to select high
school seniors who will be majoring in a fine
arts program at Stritch. Eligibility is based on
academic department and University admission
requirements. Scholarship amounts will vary.
Performing Arts Scholarships
Awarded to non-theater majors, select high
school seniors must demonstrate talent and
ability in the performing arts. Eligibility is
determined by an audition.
Legacy Scholarships
Automatically awarded to high school seniors
who are not United States citizens or permanent
residents.
These scholarships are awarded to all high school
seniors with an immediate family member who
has graduated from, or currently attends, Cardinal
Stritch University.
Timothy M. Dolan Scholarships
Boys and Girls Club Scholarship
Automatically awarded to all high school seniors
who will graduate from a Catholic high school.
Franciscan Servant Scholars Scholarships
Awarded to select high school seniors who demonstrate involvement in volunteer and community
Provided to current Boys and Girls Club members,
parents, and employees, this $1,000 scholarship
helps decrease overall costs and is added to
student’s overall financial aid package.
Institutional Need-Based Aid
The following funds are for traditional undergraduate students who demonstrate financial need as
determined by the FAFSA. Students need to complete the Free Application for Federal Student Aid
(FAFSA) in order to be considered for these funds.
Stritch Grant
Stritch Military Grant
The Stritch Grant is awarded to daytime
undergraduate students who demonstrate
financial need. The amount of the grant will vary
on financial need and is renewable as long as
financial need is still demonstrated.
Awarded to full-time undergraduate students who
are in active duty or have proof of an honorable
discharge, and to students who are married to an
individual currently deployed. Eligible students
can receive up to a 25% tuition discount.
Stritch Residency Grant
Awarded to daytime undergraduate students who
live on campus and demonstrate financial need.
The amount of the grant will vary on financial need
and is renewable as long as financial need is still
demonstrated along with the student remaining to
reside on campus.
Amounts for Freshmen Starting in 2016–2017
Trustee’s Scholarship
$16,000
President’s Scholarship
$14,500
Dean’s Scholarship
$13,000
Merit Scholarship
$10,000
Boys and Girls Club Scholarship
$1,000
Opportunity Grant
$5,000
International Scholarship
$3,000
Timothy M. Dolan Scholarship
$1,750
Assisi Visit Grant
$500
Transfer
Scholarships
and Grants
We are proud to offer scholarships and grants that help transfer
students complete their degree at Stritch. Your admissions counselor,
or the Office of Financial Aid, can help you learn more about which of
these opportunities might be available to you.
Scholarships and Grants
Stritch Transfer Scholarships
Performing Arts Scholarship
Students are eligible to receive one of the
following three scholarships and grants based on
their cumulative college GPA.
Awarded to non-theater majors, select transfer
students must demonstrate talent and ability in
the performing arts. Eligibility is determined by
an audition.
• Serra Scholarship
Minimum 3.0 GPA
• St. Bonaventure Scholarship Minimum 2.50–2.99 GPA
• Transfer Student Opportunity Grant
Minimum 2.00–2.49 GPA
Students in the Bachelor of Science in Respiratory
Therapy Completion program or Bachelor of
Science in Nursing Completion program already
receive a tuition discount and are not eligible for
these scholarships and grants.
Phi Theta Kappa Scholarships
Automatically awarded to all transfer students who
are members of Phi Theta Kappa Honor Society.
Visual and Performing Arts Scholarship
These scholarships are awarded to select transfer
students who will be majoring in a fine arts program
at Stritch. Eligibility is based on academic department and University admission requirements.
Legacy Scholarship
These scholarships are awarded to all transfer
students with an immediate family member who
has graduated from or currently attends Stritch.
Flahive Athletic Scholarship
Awarded to transfer students who participate as
varsity athletes. Eligibility and scholarship amount
are determined by the respective coach.
International Student Scholarship
Automatically awarded to transfer students
who are not United States citizens or
permanent residents.
Boys and Girls Club Scholarship
Provided to parents of current Boys and Girls Club
members and employees, this scholarship helps
decrease overall costs with a $1,000 award that is
added to a student’s overall financial aid package.
Institutional Need-Based Aid
The following funds are for traditional undergraduate students who demonstrate financial need as
determined by the FAFSA. Students need to complete the Free Application for Federal Student Aid
(FAFSA) in order to be considered for these funds.
Stritch Grant
Stritch Military Grant
The Stritch Grant is awarded to daytime
undergraduate students who demonstrate
financial need. The amount of the grant will vary
on financial need and is renewable as long as
financial need is still demonstrated.
Awarded to full-time undergraduate students who
are in active duty or have proof of an honorable
discharge, and to students who are married to an
individual currently deployed. Eligible students
can receive up to a 25% tuition discount.
Stritch Residency Grant
Awarded to daytime undergraduate students who
live on campus and demonstrate financial need.
The amount of the grant will vary on financial need
and is renewable as long as financial need is still
demonstrated along with the student remaining to
reside on campus.
Federal Student Loan Programs
Stritch will determine the amount you can borrow
based on your cost of attendance, the other
financial aid you receive, and the amount of your
lifetime limit that has been borrowed.
Direct Loan Program
Stritch participates in the Direct Loan program
which provides funds to both graduate
and professional degree students. Eligible
students can take advantage of either a Direct
Unsubsidized Loan or a PLUS Loan. Federal
student loans offer many benefits not typically
included with private loans, such as fixed interest
rates and income-based repayment plans. Most
student loans do not require repayment until
after graduation.
Direct Unsubsidized Loan
You are not required to show financial need to
receive a Direct Unsubsidized Loan. Stritch will
determine the amount you can borrow based on
your cost of attendance, the other financial aid
you receive, and the amount of your lifetime limit
that has been borrowed.
The maximum amount that can be borrowed per
award year is $20,500. You will be responsible for
paying the interest on a Direct Unsubsidized Loan
during all periods. If you choose not to pay the
interest while you are in school and during grace
periods and deferment or forbearance periods,
your interest will accumulate and be added to the
principal amount of your loan.
Amounts for Transfer Students Starting in 2016-2017
Phi Theta Kappa Scholarship
$3,000
International Student Scholarship
$3,000
Legacy Scholarship
$1,500
St. Bonaventure Scholarship
$10,000
Serra Scholarship
$12,000
Transfer Student Opportunity Grant
$5,000
Funding Your
Graduate
Education
We are determined to help graduate students maximize their ability
to continue their education at Stritch through program scholarships,
partnerships, and advice about selecting affordable loan options.
At the graduate level, the amount of funding you require is based on the number of credits in which you
enroll and the tuition for your program. We welcome you to discuss financing your education with either
your admissions counselor or a financial aid counselor.
Scholarships and Grants
Boys and Girls Club Scholarship
MPS Leadership Scholarship
Provided to parents of current Boys and Girls
Club members, and employees, this scholarship
helps decrease overall costs for graduate study at
Stritch. This scholarship is a 20% discount and will
be reflected on student’s financial aid package.
Attendees of the 2015 MPS Leadership Institute
are eligible for this scholarship . We are known for
teacher development, leadership development,
literacy and language development, and civic
engagement, and Stritch is extending a generous
scholarship offer to enroll highly-qualified cohorts
in our programs! Apply this fall for any of the
following programs starting in 2015–16 and take
advantage of significant savings while continuing
your education.
Catholic Educators Scholarship
Available to full time or part-time teachers and
administrators at Catholic primary or secondary
schools in Wisconsin. This 50% discount on
tuition applies to these programs:
• Master of Arts in Teaching
• Masters in Educational Leadership
• Master of Arts in Language and Literacy
• Master of Arts in Psychology
• Master of Arts in Special Education
• Master of Science in Sport Management
• Master of Arts in Religious Studies
• Master of Arts in Urban Education
College of Education and
Leadership Scholarship
Available to educators and administrators from
select districts or schools to new students who
begin any of our Master’s degree programs in the
College of Education and Leadership in 2016. This
amounts to a 20% discount from our published
tuition. View the latest list of participating schools
and districts: www.stritch.edu/COELscholarships
Student Loans
Direct Loan Program
PLUS Loan
Stritch participates in the Direct Loan program
which provides funds to both graduate
and professional degree students. Eligible
students can take advantage of either a Direct
Unsubsidized Loan or a PLUS Loan. Federal
student loans offer many benefits not typically
included with private loans, such as fixed interest
rates and income-based repayment plans. Most
student loans do not require repayment until
after graduation.
The U.S. Department of Education is the
lender for PLUS Loans. A primary factor in
obtaining a PLUS Loan is a positive credit
history. The maximum loan amount is your cost
of attendance, which is determined by Stritch,
minus any other financial aid received. These
loans are utilized by students who need more
funding than the Stafford loan program is offering
them. Apply at: www.studentloans.gov
Direct Unsubsidized Loan
These loans are not provided through the federal
government. Rather, they are borrowed from
private bank/credit industries. These loans are for
students with an excellent credit history, which
may allow the student to borrow them at a lower
interest rate than the federal loans are offering.
However, many of these loans do not have the
features of the federal loans. These loans can be
explored on our alternative loans page.
You are not required to show financial need to
receive a Direct Unsubsidized Loan. Stritch will
determine the amount you can borrow based on
your cost of attendance, the other financial aid
you receive, and the amount of your lifetime limit
that has been borrowed. The maximum amount
that can be borrowed per award year is $20,500.
You will be responsible for paying the interest on
a Direct Unsubsidized Loan during all periods.
If you choose not to pay the interest while you
are in school and during grace periods and
deferment or forbearance periods, your interest
will accumulate and be added to the principal
amount of your loan.
Employer Reimbursement
Employers typically have two requirements when
seeking tuition reimbursement.
1. T
he degree program, or certificate, is aligned
with your profession.
2. A
ll degree programs at Cardinal Stritch
University are accredited by the Higher
Learning Commission and is a member of the
North Central Association. Programs in the
College of Business and Management have
also earned additional accreditation by the
Association of Collegiate Business Schools
and Programs.
Alternative Loans
Tips for
Admitted
and Current
Students
Admitted Students
Current Students
Apply Early
Submit the FAFSA Each Year
Begin the FAFSA as soon as you receive your
acceptance letter from the Office of Admissions.
This allows time for you to submit additional
documentation and ensures that all of your
information gets reviewed for all possible funding.
If you previously filed the FAFSA, make sure you
reapply each year. This ensures that the Office of
Financial Aid receives current information needed
to create your award for the upcoming semester(s).
Ask Questions
Let us help you! We want you to focus on getting
an education and not on worrying about your
financial aid. Our counselors are available for
walk-in appointments in Bonventure Hall, by
phone and email.
We are here to help undergraduate and graduate
students navigate the financial aid process. If you
aren’t sure about something, please contact us.
We’re here to help!
Contact Us 24/7
Office of Financial Aid
6801 N. Yates Road #208
Milwaukee, WI 53217
Phone: (414) 410-4048 or (800) 347-8822 x4048
Email: [email protected]
Web: www.stritch.edu/finaid
Monday 8:00 a.m. – 6:30 p.m.
Tuesday 8:00 a.m. – 6:30 p.m.
Wednesday 8:00 a.m. – 6:30 p.m.
Thursday 8:00 a.m. – 6:30 p.m.
Friday 8:00 a.m. – 5:00 p.m.
Online Aid Services
www.stritch.edu/onlineaid
New and current students can use this service to view a list of required documents, see what we
received, and download any required forms or documents that are missing. You can also manage your
financial aid award package by accepting or declining portions of your award.
Frequently
Asked
Questions
Who can help me?
The Office of Financial Aid is here to answer your
questions. Speak one-on-one with a counselor
for help by calling (414) 410-4048 or email them
[email protected].
Where can I find additional scholarships?
A great resource to look for additional
scholarships is www.fastweb.com which is
hosted by Great Lakes Higher Education.
Set up a profile on the site to receive emails
when you are matched with eligible scholarships.
Consider asking education, community, or
religious groups with whom you’re affiliated for
scholarships they offer.
What happens when I have been chosen for
verification? Did I do something wrong?
Each year, our office is obligated to check the
documentation provided by 30% percent of
students who file a FAFSA. If you have been
randomly selected for verification, we will ask
you to complete a Verification Worksheet.
You can find the verification worksheet on the
Stritch Online Aid Service in the forms tab of the
web portal. From there, you can download the
verification worksheet as a PDF to complete and
return to our office.
Is there a number of credits in which I need
to enroll in order to receive aid?
Undergraduate students must take at least six
credits (part-time) to receive Federal Stafford
loans. By taking a minimum of
12 credits (full time), students are eligible to
receive Stritch scholarships and grants.
Graduate students must enroll in a minimum of
four credits in order to qualify for financial aid,
and be eligible for any scholarships available for
the degree program.
How do I know my documents are there?
Log into Online Aid Service and click on the
documents tab. If you read “not reviewed” or
“received” then the Office of Financial Aid has
your documents. If you read “not signed” or
“incomplete” then we have your documentation
but something is incomplete. We will send a
notice by email but you are also welcome to
contact us.
How can I renew my aid from year to year?
Each year, you need to fill out a FAFSA in order
to renew and continue your financial aid. The
2016–2017 FAFSA will be available on January 1,
2016. The 2017–2018 FAFSA will be available on
October 1, 2016.
Where do I find the current tuition
and fees?
Visit: www.stritch.edu/tuition
Does a credit score affect my eligibility?
Your credit score does not affect your eligibility
for Stafford loans, federal and state grants, or
Stritch scholarships. If you decide to work with a
lender to receive an alternative loan, your credit
score will then become a factor in determining
your loan interest rate. Students who have
defaulted on a previous student loan might have
difficulty obtaining a Stafford loan.
How do I avoid capitalizing loan interest?
Paying interest prevents the interest from
capitalizing on the principal loan and keeps the
price of your loan low. Find out who your loan
servicer is through the National Student Loan
Database: www.NSLDS.ed.gov. Log in with your
FSA ID and view your loan servicer. This way you
will know who to contact in order to pay interest
while in school.
Does receiving employer reimbursement
negatively affect my financial aid?
We will take this into consideration as part of
any other financial aid you might be eligible to
receive. Typically, an employer will not provide
an amount of reimbursement that exceeds the
cost of what you need or what is more than the
cost of attendance.
Office of Financial Aid
6801 N. Yates Road, #208
Milwaukee, Wisconsin 53217-3985
www.stritch.edu
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