Admissions
Financial Aid & Tuition Information
Federal and State aid available at the Academy of Art University
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The Academy of Art University participates in the following programs:
Federal Aid:
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PELL Grant
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Gift aid that does not have to be paid back |
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SEOG
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Gift aid that does not have to be paid back |
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Federal Work Study
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Financial Aid earned while working. |
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Direct Stafford Loans
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Loans from the government that must be paid back. |
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Direct Parent Plus Loans
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Loans that are taken out by parents of dependent students that
must be paid back. |
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Direct Graduate Plus Loans
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Loans that are taken out by Graduate students that must be paid
back. |
State Aid:
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CAL Grant
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Gift aid awarded to California residents who meet certain
financial and G.P.A requirements. |
Federal Aid
GRANTS
Federal Pell Grant (Pell)
Awarded to eligible undergraduate students (first BA/BS) and eligible education credential
candidates seeking an initial credential who are enrolled in at least 6 units and are not
concurrently admitted to a Master's degree program.
Federal Supplemental Educational Opportunity Grant (SEOG)
Awarded to eligible undergraduate students with exceptional financial need.
LOANS
Undergraduate and post-baccalaureate students receiving loans must be enrolled half-time to be
eligible.
Federal Direct Subsidized and Unsubsidized Stafford Loans
Subsidized loans are available to students with financial need. No interest is charged on a
subsidized loan while the student is in school. Unsubsidized loans are available to all students
regardless of income, less any subsidized amount received. Students are responsible for the
interest that will accrue on an unsubsidized loan while in school. Additional information about
repayment, deferment and consolidation of these loans can be found at the
Direct Loans web
site.
Parent PLUS Loans (for parents)
Federal Direct PLUS Loans are available to parents and stepparents of dependent students.
Borrowers must meet credit history and debt burden requirements. Repayment is amortized over 10
years.
Federal Direct Graduate (Grad) PLUS Loan
Federal Direct Grad PLUS loans are available to Master’s students who are enrolled at least
half-time. A credit check is required to determine if the borrower has an adverse credit history.
Please contact the Financial Aid Office for more information.
State Aid
California Grants (CalGrants)
The California Student Aid Commission makes new awards to eligible undergraduate students (based
on financial need and GPA) who are California residents, who are enrolled in a minimum of six
units, and who meet the application-filing deadline of March 2 (California Grants A and B.) These
grants are renewable. Maximum Cal Grant A award is $9708. Cal Grant B recipients receive $9708 for
fees for the 2nd, 3rd, and 4th years of the award in addition to a subsistence stipend of $1551
each year.
Please visit the Cal Grant website for more information at
www.csac.ca.gov/doc.asp?ID=20
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