The Financial Aid and Student Accounts departments at Urbana University work collaboratively, and with the rest of the University – within the framework of federal and state regulations – to service students as they pursue their educational and professional goals. Staff help students seek, obtain, and make the best use of all available financial resources, including loans, grants and scholarships. Both offices provides high quality service and guidance with the utmost respect, sensitivity, and empathy to students and their families. The staff strives to communicate with students and families in a clear and effective manner.
Attention All Financial Aid Recipients:
Due to Federal regulations that do not permit financial aid to be disbursed until 10 days prior to the start of each semester, financial aid will not appear on your bill until the start of each semester. However, as long as you have completed all necessary financial aid documents, we will be able to give you an accurate statement of your account before the start of each semester.
To be considered for federal, state, or institutional financial aid, students are required to file a FAFSA online. Please use the U.S. Department of Education’s website as it is free and available to all students. Visit www.fafsa.ed.gov to file your FAFSA. Urbana University’s FAFSA School Code is 003133.
Based on the information provided on the FAFSA, the federal government makes a determination with regard to the amount the family is expected to contribute toward the student’s educational costs. This amount is called the EFC, or Expected Family Contribution. The EFC amount for your family is the same at every institution; however your financial aid need may be different at each college or university. The difference between the cost of attending Urbana University and the EFC equals the student’s eligibility for financial aid.
After Urbana University receives your FAFSA information, we review it before awarding financial aid. We may ask you for additional information (including copies of tax returns) or we will send an award letter to your home address. The award letter is a statement of the total financial aid resources you may receive from Urbana University for the next academic year. The award letter will also list any forms that the student and/or family need to complete before financial aid can be disbursed.
All Urbana University students are required to file a FAFSA before April 15 annually. If a FAFSA is not filed by that date, the student may forfeit any eligibility for Urbana University scholarship programs. Students are strongly encouraged to file their FAFSA before April 15, even if they feel that they will not be eligible for other types of financial aid.
If students or their families have specific questions about filing the FAFSA, please contact the Financial Aid Office. We are happy to assist with questions or concerns about financial aid and/or the FAFSA process.
Get Started Today