Apply for Aid

To apply for financial aid, the prospective student must complete the application process for admission to the University of Rio Grande, and file the Free Application for Federal Student Aid (FAFSA) (www.fafsa.ed.gov) or a Renewal FAFSA.

The Free Application for Federal Student Aid (FAFSA)is available online at www.fafsa.ed.gov. A paper application is available upon request from the Federal Student Aid Information Center (FSAIC) at 1-800-4-FED-AID. The FAFSA must be filed as soon as possible after January 1st each year. It is important to apply as early as possible due to limited amounts of funding for certain programs. These programs are awarded on a first come, first serve basis to eligible students.  Therefore, students should file the FAFSA no later than March 15th.

General Financial Aid Information

Notification

Notification of awards will be made as quickly as possible. Students should receive an award letter listing all aid eligibility. The student must sign and return the award letter indicating if they accept or decline the aid package. Students accepting student loans must complete Entrance Counseling and sign a Master Promissory Note to complete the loan process. Click the studentloans.gov link to complete this process. Finalized financial aid will be applied to the student account after the drop/add period each term. Students must have completed and submitted all necessary paperwork required by the Financial Aid Office before aid will be credited to the student's account.

Balances/Overages

Balances owed after financial aid is applied to the account are the responsibility of the student and/or parent and must be paid by the date specified by the University Accounting Office each term. Those student accounts showing a credit balance after financial aid is applied to the account will receive a refund check at a date determined by the Finance Office, usually five weeks after the start of each term.

Special Circumstances

If your family experiences a change of income due to loss of employment, disability or natural disaster, loss or reduction of untaxed income, separation or divorce, death of a parent or spouse, excessive medical or dental expenses paid out-of-pocket, parents attending college, sibling private school tuition paid, or a one-time lump sum, you may be eligible for special circumstances. Special circumstances are considered at the professional judgment of the Financial Aid Office. The Financial Aid Office reserves the right to approve or reject applications for special circumstances. A change of circumstances can sometimes change your eligibility for financial aid. Contact the Financial Aid Office for more information.