Types of Aid (AU Online)

Undergraduate Students

• Grants:
  Federal and State grants are awarded to undergraduate students based on need and income. Grants are considered “gift” aid – they do not need to be repaid.
• Federal Pell Grant:
  Available to undergraduate students, awarded based on estimated family contribution, cost of attendance, and enrollment status. Students can receive this grant for a maximum of six years, which includes time attending other campuses.
• Federal SEOG Grant:
  Federal grant that need not be repaid for Undergraduate students; based on financial need and availability of funds.
• State Grants:
  State grants for undergraduate students based on financial need, residency status, enrollment status, and availability of funds.
• Federal Direct Loans:
  Loans that are part of the Direct Student loan program, which helps students pay part of their educational expenses by borrowing directly from the government. Terms of the loan are covered in greater detail in the required Federal Loan Entrance Counseling and Master Promissory Note. Loan repayment begins six months after a student graduates, withdraws, or drops below half-time status.
• Federal Direct Subsidized Loan:
  Based on Unmet Need, the federal government pays the interest on subsidized loans while you are enrolled at least half-time. For the latest information on interest rate and origination fees for undergraduate student loans, please visit the Student Aid website.
• Federal Direct Unsubsidized Loan:
  Students are not required to have Unmet Need to borrow an unsubsidized loan, but are responsible for interest that accrues during deferment periods with this loan type. For the latest information on interest rate and origination fees for undergraduate student loans, please visit the Student Aid website.
• Federal Direct Parent PLUS Loan:
  A Parent PLUS loan is an unsubsidized loan for parents of dependent undergraduate students, limited to the cost of attendance minus other financial aid received. Plus loan borrowers cannot have an adverse credit history. Repayment can be deferred until a student graduates, withdraws, or drops below half-time. Interest accrues from the first disbursement of the loan. For the latest information on interest rate and origination fees for Parent PLUS loans, please visit the Student Aid website.
• Alternative Loan:
  Students may borrow up to the cost of attendance less any financial aid received. Interest rates, fees, and approval of this loan are determined by credit history.

Graduate Students

• Federal Direct Loans:
  Loans that are part of the Direct Student loan program, which helps students pay part of their educational expenses by borrowing directly from the government. Terms of the loan are covered in greater detail in the required Federal Loan Entrance Counseling and Master Promissory Note. Loan repayment begins six months after a student graduates, withdraws, or drops below half-time status.
• Federal Direct Unsubsidized Federal Loan:
  Students are not required to have Unmet Need to borrow an unsubsidized loan, but are responsible for interest that accrues during deferment periods with this loan type. For the latest information on interest rate and origination fees for graduate student loans, please visit the Student Aid website.
• Federal Direct Graduate PLUS Loan:
  A Graduate PLUS loan is an unsubsidized loan for graduate/professional students, limited to the cost of attendance minus other financial aid received. Plus loan borrowers cannot have an adverse credit history. Repayment begins once a student graduates, withdraws, or drops below half-time. Interest accrues from the first disbursement of the loan. For the latest information on interest rate and origination fees for Graduate PLUS loans, please visit the Student Aid website.
• Alternative Loan:
  Students may borrow up to the cost of attendance less any financial aid received. Interest rates, fees, and approval of this loan are determined by credit history.

Military-Connected Students

Post-9/11 Yellow Ribbon Program

AUO is a full participant in the U.S. Department of Veterans’ Affairs Post-9/11 Yellow Ribbon Program. We’ll match dollar-for-dollar the VA Yellow Ribbon amount paid towards your tuition once you reach your annual VA tuition limit.

Other Benefits-eligible Veterans and Dependents

We honor active duty and honorably discharged Chapters 30 and 33 benefits-eligible veterans and family members with a tuition discount when enrolled in an approved degree or academic certificate program. Benefits-eligible veterans with other VA entitlements also may qualify.

Eligibility

To determine your eligibility for Antioch University Veterans’ Benefits, submit your DD-214 and Certificate of Eligibility to the AU VA Certifying Official in the Registrar’s Office by the end of the first week of the term. If transferring from another institution, submit also your VA form 22-1995. Until we confirm your eligibility, you are responsible for paying full tuition. AUM Veterans’ Benefits are not applied retroactively.

For more information, contact your campus’s VA Certifying Official:

AUO VA Certifying Official -or- 937.769.1038