Financial Aid FAQ
Frequently Asked Questions
Will a Request for Aid Affect My Chances for Admission to Holy Family University?
All students are given equal consideration for admission to Holy Family University. The University is committed to providing the opportunity for all qualified candidates to attend. Your financial information is not considered when making admission decisions.
Is Financial Aid Available for Transfer Students?
Transfer students are eligible for the same types of aid as students attending the University for the first time.
What If I Am a Part-Time Student?
Part-time students can receive some forms of grants and loans. Please see which types of aid you might be eligible to receive.
What if I Am a Graduate or Doctoral Student?
Graduate and Doctoral students are eligible for:
- Direct Federal Unsubsidized Loans (at least half-time status)
- Direct Federal PLUS Loan for Graduate and Doctoral Students (at least half-time status)
- Private Education Loans
How is Financial Aid Determined?
“Need” is universally defined as the difference between your Student Aid Index as determined by filing the Free Application for Federal Student Aid (FAFSA) and the total cost to attend the University for one year. The Financial Aid Office will analyze your situation carefully to find the best way to award you a combination of grant, scholarship, loan, and work-study programs to enable you to attend Holy Family University. Your financial need will be greater at more expensive universities and this, in turn, will qualify you for more aid. Based on this formula, Holy Family University may require less money from your family than you might expect.
Will I Be Able to Get Financial Aid Each Year?
Aid is renewable by filing a FAFSA each year and maintaining satisfactory academic progress (SAP) as stated in the University catalog. Usually, the awards remain about the same unless there is a change in your family’s financial circumstances or you do not maintain SAP.
Where Can I Find Additional Resources About Financial Aid?
For more information about financial aid or the availability of outside scholarships, check with:
- Your high school counselor
- Local libraries
- Churches, civic organizations, or other groups
- The human resources department(s) of your or your parents’ employer(s)
AFFORDABILITY
Holy Family University is committed to making a private university education affordable for students and families. Nearly all undergraduate students receive some form of financial aid, which may include scholarships, grants, loans, and work-study opportunities. Your actual cost will depend on your individual financial aid package and circumstances.
The amount you actually pay may be different from published tuition and fees because scholarships, grants, and other financial aid can reduce your cost. When comparing colleges, it is important to consider your net cost after financial aid rather than tuition alone.
Yes. Holy Family University offers merit scholarships to eligible undergraduate students. First-time freshman applicants are automatically considered for merit scholarships based on their academic performance, with no separate scholarship application required.
Yes. Students may receive financial assistance from multiple sources, including scholarships, grants, loans, and work-study programs. Completing the FAFSA allows Holy Family’s Financial Aid Office to determine the types of federal, state, and institutional assistance for which you may qualify.
Holy Family University’s Net Price Calculator can help you estimate your potential cost based on your family’s financial information and possible financial aid. This can provide a more useful estimate of what you may actually pay than looking at published tuition alone. The estimate is not a final financial aid award.
Yes. Eligible students may qualify for grants from federal, state, University, and other sources. Unlike loans, grants generally do not need to be repaid. Students should complete the FAFSA to determine their eligibility for need-based financial aid and available grant programs.
When comparing private universities in Philadelphia and the surrounding region, it is important to look beyond published tuition and consider the actual cost after scholarships and financial aid. Holy Family University offers scholarships, grants, and other financial aid opportunities designed to help make a private university education more affordable.
Yes. The published tuition price does not always reflect what a student will ultimately pay. Scholarships, grants, and other financial aid can significantly reduce the net cost of attending a private university. Students and families should compare financial aid offers and estimated net costs when evaluating colleges in Pennsylvania.