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Financial
aid is awarded in a variety of forms, from grants and scholarships, which do
not need to be repaid, to loans that offer a variety of repayment options. The
Office of Financial Aid will create a package to assist your specific
financial needs. To qualify for any need-based aid, you must first complete
the Free
Application for Federal Student Aid
(FAFSA) as soon as possible after January 1. You must complete this form each
year.
Scholarships
Stetson
University offers several types of scholarships, including academic, music,
and athletic scholarships. Academic scholarships range in amount from $1,000
annually to full tuition, room, meals, fees, and books.
Grants
Grants
are provided as "free money" to help defray educational costs. Grants are
awarded by Stetson University, the federal government, and the Florida state
government.
Loans
Student
loans are a cost-effective way to help finance a college education by
borrowing funds at a low interest rate. Several loan programs are available
for students and parents who display financial need, including the Federal
Subsidized Stafford Loan and the Federal Perkins Loan. Other loans, such as
the Parent Loan for Undergraduate Students (PLUS) and the Federal Unsubsidized
Stafford Loan, are available to all students regardless of need. Several
additional private educational loan programs exist to assist credit-worthy
individuals.
Payment plans
The
Florida
Prepaid College Plan
allows parents to pay for their children's college education before their
children enroll. If you participate in this program, Stetson University's
Office of Student Accounts can bill the plan on your behalf. You must provide
Stetson's Office of Student Accounts with a copy of your Florida Prepaid Card
that you will receive at the end of each April. Stetson will normally bill for
15 hours per semester for each semester, up to a maximum of 120 hours. The
rate at which we bill per credit hour is provided to us by the underwriters of
the Florida Prepaid College Program each academic year and is based on an
average rate of Florida public universities.
Other Aid Information
Stetson
offers a wide range of financial plans and aid packages for Graduate
Students, International
Students, and Military
Personnel.
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