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Loans & Grants

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Loans & Grants

Get the money you need for college

Some students may believe they are not financially capable of attending a college or university; however, at Sullivan University we provide several options through federal, state and institutional aid to keep your cost affordable. Even if you think you’re not financially fit, Sullivan’s Financial Planning Office will offer advice and find ways to help you obtain the financial assistance necessary to complete your education. If you want to obtain financial aid information, please contact an admissions officer as early as possible to coordinate an appointment with Financial Planning. day, evening, Saturday, and virtual appointments are available.

Military: There are several opportunities exclusively for military personnel, including 100% paid tuition of up to 16 credit hours per year. You can learn more about these opportunities online from the Army Continuing Education System. If you are a veteran, you may be eligible for education benefits through a GI Bill program. For more information the GI Bill, click here: https://www.benefits.va.gov/gibill/get_started.asp

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Grants

Federal Grants

  • Federal Pell Grants — available to those who are eligible by demonstrating financial need.
  • Federal Supplemental Opportunity Educational Grants — for students with exceptional need.

State Grants

State grants are time-sensitive and awarded on a first-come, first-serve basis through the completion of a Free Application for Federal Student Aid (FAFSA). Student must meet eligibility requirements of a Kentucky state resident to be awarded.

  • Kentucky Tuition Grant — for eligible KY state residents who are enrolled in an Associate or Bachelor's degree program.
  • College Acess Program Grants - for eligible KY residents with need enrolled in an Associate or Bachelor's degree program.

Contact an admissions advisor now if you are interested in information about financial aid. It’s the first step to getting an appointment with a financial planning coordinator (available day, evening, Saturday and virtually).

Federal Loans

Student loans are available to assist you in covering your costs at any Sullivan University campus. These loans are available from the federal government and other sources for students who qualify. The most popular student loan programs are as follows:

  • Direct Subsidized Loan — This loan program provides low-interest loans to students who demonstrate financial need. Students may borrow up to a maximum of $3,500 per academic year for the first year of undergraduate study, $4,500 for the second year and $5,500 per year for third year and beyond.
  • Direct Unsubsidized Loan - This loan program offers low-interest loans to students who demonstrate little or no financial need.
  • Federal PLUS Loans — The Federal PLUS Program provides loans to parents of undergraduate dependents to attend college. The PLUS program also provides loans to graduate and professional degree studens ti pay for their education.
  • Career Education Fund Loan — institutional loans for students who don’t qualify otherwise for adequate financial aid. The loan amounts vary according to need.

If you are interested in information about student loans, talk to an admissions advisor today for an appointment with a financial planning coordinator:

Louisville – 502-413-8580/ 800-844-1354

Lexington – 859-276-4357 / 800-467-6281

UPS Earn & Learn

Due to a joint venture between Sullivan University’s Louisville campus and United Parcel Service, students able and willing to work part-time can receive significant financial assistance to pay tuition and other costs. Contact the Admissions or Financial Planning department for details.

UPS Earn & Learn

Financial Aid Refund Policy

Click here for more information about our financial aid refund policy.