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Financial Aid

Know Your Financial Aid

Thinking about applying for college? It’s important to start the financial aid process as soon as possible, and it’s not as difficult as you think! Here are some easy steps you can take to make sure you have your financial process in order:

  1. Keep a record of your FSA ID, which is a unique username and password.
  2. Complete your free application for federal student aid (FAFSA) at www.studentaid.gov.
  3. Include the school code of your choice in the FAFSA application. The Sullivan University school code is 004619.
  4. Apply for scholarships. You can check out Sullivan University’s scholarships at sullivan.edu/scholarships.
  5. Complete government-required entrance counseling to make sure you understand the responsibilities and obligations of taking out a loan. This can be completed at www.studentaid.gov.

For any additional questions about funding your education or attending classes, please contact Admissions at 800-844-1354.

Financial Aid Programs

Federal Pell Grant

Description
A Federal Grant to assist eligible undergraduate students with their cost of attendance. Because it is a grant, there is no repayment.

Eligibility
A standard formula determines the student’s need and eligibility. Determined by filling out (or submitting) the Free Application for Federal Student Aid (FAFSA) studentaid.gov.

Veteran Benefits

Description
Sullivan University is a certifying school for these benefits. There are different types of benefits you may qualify for based on your DD-214 and Certificate of Eligibility obtained from the VA.

Eligibility
Determined by submitting an application to VA. For more information, refer to benefits.va.gov/gibill/ or call 1-888-442-4551.

Military Educational Benefits

Description
Up to 36 months of educational funding, transferred from a former or active member of the Armed Service, to an immediate family member.

Eligibility
To be determined by the Department of Defense.

Federal Subsidized Loan

Description
Low-interest loans available through the Federal Direct Loan Program.

Eligibility
Based on financial need from the FAFSA, cost of attendance, a degree-seeking undergraduate student maintaining at least half time status.

Federal Unsubsidized Loan

Description
Low interest loans available through the Federal Direct Loan Program.

Eligibility
Based on completing the FAFSA, cost of attendance, be a degree-seeking student maintaining at least half time status.

Federal Direct Plus Loans

Description
Credit approved loans for parents available through the Federal Direct Loan Program to help pay for their child’s education. In addition, graduate and professional degree students may obtain PLUS loans to help pay for their own education.

Eligibility
Based on the FAFSA, parent’s credit history or student’s credit history for graduate or professional students.

Vocational Rehabilitation Assistance

Description
A grant for individuals who have a physical or mental impairment.

Eligibility
Contact the State Department of Vocational Rehabilitation to determine eligibility.

Scholarships

Description
Various awards based on numerous criteria. Scholarships do not have to be repaid.

Eligibility
Requirements are specific to each scholarship. Students can visit sullivan.edu/scholarships consult with their Admissions Officer, and also can also check into third party organizations.

Kentucky CAP Grant

Description
College Access Program (CAP) Grant provides need-based aid for Kentucky residents. Because it is a grant, there is no repayment.

Eligibility
The student must be a Kentucky resident, attending at least half time, have financial need determined by the FAFSA, and be in a program of at least two years in length. These grants are limited based on the date the FAFSA is completed and availability of state funds.

Kentucky Tuition Grant (KTG)

Description
Kentucky Tuition Grant (KTG) provides need-based aid for Kentucky residents. Because it is a grant, there is no repayment.

Eligibility
The student must be a Kentucky resident, attending full time, have financial need determined by the FAFSA, and in an associate or bachelor’s program. These grants are limited based on the date the FAFSA is completed and availability of state funds.

Federal Supplement Education Opportunity Grant (FSEOG)

Description
Federal Supplemental Opportunity Grant (FSEOG) assists the neediest undergraduate students. Because it is a grant, there is no repayment.

Eligibility
Students who are eligible to receive a Pell Grant may be eligible to apply for FSEOG funds.

Employer Partnership Discount and/or Scholarships

Description
Employer Partnership Discount and/or Scholarships Sullivan University strives to assist employers and various organizations in the career skills development of their workforce and/or clientele. As part of these efforts the University may enter into agreements to offer tuition discounts and/or scholarships of various values and quantities. Each organization will complete a Memorandum of Agreement (MOA) or other descriptive document outlining the terms of the scholarship(s) to be awarded. Application Procedures, Basis of Selection, Deadlines, Terms of Award, Eligibility Requirements, Award Amounts, Quantities Available, Elements Covered, etc., may vary and will be defined in the MOA. Additional information regarding which organizations have an active MOA on file, the terms of each agreement, etc., can be obtained by contacting the Sullivan University Admissions Department.

Eligibility
Application Procedures, Basis of Selection, Deadlines, Terms of Award, Eligibility Requirements, Award Amounts, Quantities Available, Elements Covered, etc., may vary and will be defined in the MOA. Additional information regarding which organizations have an active MOA on file, the terms of each agreement, etc., can be obtained by contacting the Sullivan University Admissions Department.