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Financial Aid


Apply to Keiser University

To get the application process started you can apply online, or contact our Admissions Office at 866-944-3456.
 

File Your FAFSA  

You’ll need to visit the FAFSA website and select to start a new application, or return to your application by logging in with your FSA ID. Keiser University school code is 015159. Once you have submitted your FAFSA the University will receive it within 5 business days.
 

Grants & Scholarships

The main criterion for receiving grants is substantial financial need. Grants do not have to be repaid unless a student becomes ineligible. Students must maintain satisfactory academic progress as defined in the Keiser University Satisfactory Academic Progress Policy.

Federal Grants

Federal Pell Grant – is a federal grant awarded to students on the basis of financial need and does not have to be repaid. These grants are considered the foundation of federal financial aid, to which aid from other federal and non-federal sources might be added. Pell Grants are only awarded to undergraduate students who have not yet earned a bachelor’s or a professional degree. In order to apply for a Pell Grant, students must complete a Free Application for Federal Student Aid (FAFSA). The U.S. Department of Education uses a standard formula to evaluate the financial information provided on this application to determine a student’s eligibility for a Pell Grant. Award amounts vary based on a student’s financial need, an institution’s cost of attendance and enrollment status.

Federal Supplemental Educational Opportunity Grant (FSEOG) – is a federal grant awarded to undergraduate students with exceptional financial need and does not have to be repaid. Funds are limited and Federal Pell Grant recipients receive priority. Students do not need to apply for this grant.

Florida Student Assistance Grant (FSAG) – is a need based grant funded by the State of Florida available to full-time students who meet Florida residency requirements and enrolled in an associate or Bachelor`s Degree program. To be considered for this grant, the applicant must complete a Free Application for Federal Student Aid (FAFSA) in time to be processed error free by the deadline specified by the University for each of the Fall terms.

William L. Boyd, IV, Florida Resident Access Grant (FRAG) – is a grant which provides tuition assistance to Florida undergraduate students attending an eligible private non-profit Florida college or university. To be considered for this grant, the applicant must meet Florida’s residency requirements for receipt of state student financial aid and must enroll for a minimum of 12 credit hours per semester along with other eligibility requirements.

Loans


The William D. Ford Federal Direct Loan Program – Keiser University was selected by the United States Department of Education to participate in the Federal Direct Student Loan Program as one of its initial 104 institutions. Direct Loans are low-interest loans and the lender/servicer is the U.S. Department of Education (the Department).

Subsidized Direct Loan – are loans for undergraduate students with financial need. Repayment begins 6 months after a student graduates or is no longer enrolled at least half time. The interest rate on Federal Direct Subsidized loans borrowed by undergraduate students between July 1, 2013 and June 30, 2014 is 3.86%. If a student qualifies, the maximum amount of a Subsidized Stafford Loan is $3,500 for first-year students, $4,500 for second-year students and $5,500 for third-year and fourth-year students.

Unsubsidized Direct Loans – are loans for both undergraduate and graduate students that are not based on financial need. Interest is charged during in-school, deferment, and grace periods. The interest rate on Federal Direct Unsubsidized loans borrowed by undergraduate students between July 1, 2013 and June 30, 2014 is 3.86% and the interest rate for graduate/professional students is 5.41%. You are charged interest on this loan from the time the loan is disbursed until it is paid in full. If the interest is allowed to accumulate, the interest will be added to the principal amount of the loan and increase the amount to be repaid. If a student qualifies, the maximum amount of an Unsubsidized Stafford Loan is $6,000 for firstand second year students, $7,000 for third and fourth year students, $20,500 for graduate students. Award amounts are dependent upon a student’s dependency status on the Free Application for Federal Student Aid.

Federal Direct PLUS Loan – are low interest loans available to parents of dependent undergraduate students and graduate and professional students. It is an affordable, low-interest loan designed to help students and parents pay for a college education. The Direct Plus Loan is an unsubsidized loan, meaning that interest accrues while the student is enrolled at least half-time and during deferment periods. A mandatory credit check is completed as eligibility for this loan depends upon the borrower’s credit worthiness. Repayment of principal and interest begins 60 days after the loan is disbursed. The interest rate on Federal Direct PLUS loans borrowed between 2013 and June 30, 2014 is 7.9%.

Federal Perkins Loan – are low interest loans for both undergraduate and graduate students with financial need. Repayment begins 9 months after a student graduates or is no longer enrolled at least half time. The interest rate on a Federal Perkins Loan is 5%. Award amounts vary depending upon the availability of funds at the institution.

Federal Work Study (FWS) – The Federal Work Study program gives part-time employment to undergraduate students who need income to help meet the costs of postsecondary education. When available, Keiser University provides part-time jobs for financially needy students through the FWS program. Generally, students work 15-20 hours per week. Part of this program is community service.

Scholarships 

Keiser University Scholarship Programs – Keiser University offers a variety of scholarships ranging from academic to financial for students who meet the criteria set by the University. Recipients must be enrolled in an associate, bachelor, or master’s program.

Private Scholarships – Outside scholarships are awarded to students who meet the specific criteria of the scholarship benefactors. Scholarship committees usually choose scholarship recipients who have high grade point averages, large financial need and/or superior academic quantities.

The Financial Aid department can provide a listing of web sites for additional scholarships. Applicants can contact agencies located in their community for more information.

Additional information
Additional information on financial aid programs offered at Keiser University is available by contacting the Financial Aid department at the campus a student plans to attend.

Keiser University maintains a full-time Director of Financial Aid at each campus to help meet your needs. You’re encouraged to make an appointment with the Financial Aid department to ensure that you obtain the funding needed for your educational investment. Financial Aid is available to those who qualify.

Financial aid is disbursed (released) to students in different ways depending on the type of aid and other factors. For more information about method and frequency of disbursements, contact the Financial Aid department.

Financial Services

For more information on financial aid and scholarships, visit: