Financial Aid and Expenses

Each year, Assumption University awards scholarships, grants, loans, and work study funding to incoming first-year, transfer, and returning students. The scholarships are competitive and are made on the basis of both financial need, as determined by the Free Application for Federal Student Aid (FAFSA) and scholastic achievement. Most awards are renewable each year provided the student maintains financial aid satisfactory academic progress (SAP) and files the proper financial aid documents by the deadline. Students’ financial need levels are reviewed annually and may impact the renewal of need-based financial aid offers. Merit and need-based scholarships and grants are renewable for eight semesters of full time undergraduate enrollment, with full time defined as registration in at least twelve credit hours per semester. Merit and need-based scholarships are not applied to summer or intersession coursework. Students who need a semester or year beyond eight semesters to complete their undergraduate program may be considered for limited financial aid funding if they are full-time students. Please contact the Office of Student Financial Services for additional information. 

To apply for financial aid, applicants students must submit: 

  1. An application for admission to the University
  2. A Free Application for Federal Student Aid (FAFSA) www.fafsa.gov 

The priority FAFSA filing deadline for new first year and transfer students is March 15; March 31 for returning students.