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About BenU at Mesa
Benedictine University Mesa is giving you a FREE $1,000 award. All you have to do is complete your FAFSA by March 1, 2021.
Head to fafsa.gov and use BenU's code 001767 - See below for more information on the FAFSA and financial aid!
Financial Aid
What is financial aid?
Financial aid is monetary assistance that helps make higher education affordable to students from a wide variety of backgrounds. When a family’s resources are insufficient to cover all expenses, financial aid programs are available to provide additional assistance.
- Grants and scholarships are forms of gift aid and are not repaid.
- Student loans offer funds that are repaid, typically at low interest rates.
- Part-time employment opportunities, both on and off campus, provide another means of earning money for educational expenses.
Who qualifies for financial aid?
In general, there are two types of students who qualify for financial aid:
- Those who need it – when an analysis of financial need has determined that you and your family will not be able to afford all the expenses.
- Those who merit it – for students who demonstrate academic achievement, regardless of their financial resources.
How do I apply for financial aid?
All students applying for need-based financial aid are asked to complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is available online at fafsa.gov.
- Obtain FSA IDs for you and your parent or guardian to electronically access and sign the FAFSA online at fsaid.ed.gov.
- Include school code 001767 to release the results of your FAFSA to Benedictine’s Office of Financial Aid.
- Apply as soon as possible after October 1st to be considered for limited state and federal funds.
If you are a resident of Arizona and wish to be considered for state grant funds to azgrants.az.gov.
Federal and State Aid
Information on federal and state programs may be subject to change at any time due to changes in legislation.
Federal Aid Programs
What are the sources of financial aid?
The first responsibility for paying for your education rests with you and your family. If your resources are not sufficient to meet all the expenses of the school of your choice, then you should qualify for financial aid from one or more sources. There are four major sources of educational funds:
- Student and family
- Federal and state government
- The University
- Private sources
Grants and Work Study
Federal Pell Grant
Amount: Up to $5,550
Eligibility: Demonstration of exceptional need (FAFSA)
Federal Supplemental Education Opportunity Grant
Amount: Varies, based on need
Eligibility: Demonstration of exceptional need (FAFSA)
Federal Work Study
Amount: Hourly wages up to 20 hours per week
Eligibility: Demonstration of need (FAFSA)
Loans
Federal Direct Subsidized Stafford Loan
Amount: Limit of $23,000 for all four years of undergraduate work
Eligibility: Demonstration of need (FAFSA); enrolled for at least six semester hours
Repayment: Begins six months after student ceases to be enrolled for at least six semester hours
Federal Direct Unsubsidized Stafford Loan
Amount: Limit of $31,000, less amounts borrowed under subsidized Stafford Loan program
Eligibility: Enrolled for at least six semester hours
Repayment: Begins six months after student ceases to be enrolled for at least six semester hours
Federal Direct PLUS Loan Program (Parent Loan)
Amount: Cost of education minus other financial aid
Eligibility: Enrolled for at least six semester hours
Repayment: Varies
State Aid Programs
Must be a resident of Arizona.
Apply at azgrants.az.gov.
Math, Science, Special Education Teacher Forgiveness Loan Program (MSSE)
Amount: Up to $7,000
Eligibility: Demonstration of exceptional need (FAFSA); must have completed 60 college credits at the time of application. Loan is forgivable upon agreement to teach in an Arizona public school.
