How Financial Aid Works
How Financial Aid is Determined
"Need" is the difference between your family contribution as determined by filing the Free Application for Federal Student Aid (FAFSA) and the total cost of 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 "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.
Financial Aid for Transfer Students
Transfer students are eligible for the same types of aid as students attending college for the first time.
Financial Aid for Part-Time Students
Part-time students may be eligible for some or all of the following, depending on criteria specific to the awards:
Federal Pell Grants
PHEAA State Grant (for PA residents)
Direct Federal Subsidized and/or Unsubsidized Loans (at least half-time status)
Direct Federal Parent Loans for Undergraduate Students (PLUS) (at least half-time status)
Private Education Loans
Additional Financial Aid Resources
For more information about financial aid or the availability of outside scholarships, consider the following:
Your high school guidance counselor
Local libraries
Churches, civic organizations or other groups
The human resources department of your or your parents' employer
Please also visit the following websites to learn more:
www.collegeboard.org
www.educationplanner.org
www.fastweb.com
www.finaid.org
Requests for Aid and Admission
All students are given equal consideration for admission to Holy Family. The University is committed to providing the opportunity for all qualified candidates to attend. Your financial information is NOT considered when making admission decisions.
The Scope of Financial Aid
Your financial 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.