We’re happy to to help you accomplish your career goals.
The first step is to submit your FAFSA. Then we’ll put together a comprehensive financial aid package that helps make your education more affordable.
See a breakdown of our financial aid options below.
There may be various financial aid options available when you apply to one of our online programs. To determine what financial aid you’re eligible to receive, the most important thing to do is complete and submit your FAFSA.
Remember that our Title IV Code is 001889
The Free Application for Federal Student Aid (FAFSA) form helps us determine what federal and state financial aid is available based on your financial need. Be sure to include our school code (001889).
Types of Aid
St. Ambrose participates in federal and state grant programs:
- Federal Pell Grant (eligibility determined by FAFSA)
- Federal Supplemental Education Opportunity Grant (eligibility determined by FAFSA)
- Iowa Tuition Grant (open to residents of Iowa studying in undergraduate programs only)
It’s important to note that grants are different from loans. Grants are usually provided based on financial need and do not have to be paid back. A loan must be paid back, usually with interest.
Loans can help cover the portion of tuition that isn’t covered by other types of aid such as grants.
Direct subsidized loans are available to students with financial need, and eligibility is determined by the FAFSA. While you’re in school, the U.S. Department of Education pays the interest on the loan through six months after you complete your education. Unsubsidized loans are available to undergraduate and graduate students, regardless of financial need and you will have to pay the interest on the loan during all periods of your education and thereafter.
There are many repayment plans, and generally you will have 10-25 years to repay your student loans.
- Federal Subsidized and Unsubsidized Stafford Loan
- Direct Parent PLUS Loan (for Dependent Students only)
- Alternative Loan
Forms and Resources
We know there are a lot of moving pieces when it comes to financial aid. Whether you are a veteran looking to take advantage of your education benefits, or returning to school after some time away, here are some helpful links. To receive all the financial aid available to you, be sure to fill out all the proper forms and verify that your information is correct.
Scholarships are also available to undergraduate and graduate students from many sources, including the ones below.