WSR

Living Affordably

Tuition Assistance

Gaining an education costs a great deal of money. In addition to your personal resources, this money can come from a variety of financial aid sources that are available at BYU. The Financial Aid Office in the ASB room A-41 offers free consultations to all students seeking financial aid. An appointment with a counselor is highly recommended in your search for financial assistance. These counselors are professionals and desire to see you succeed at BYU. To make an appointment with a counselor, call the Financial Aid Office at 422-4104.

Financial aid awards come in the form of loans, grants, and scholarships. Most awards are need-based (cost of education exceeds resources) and dependent upon good academic standing (GPA above 2.0). Two applications are required for most awards offered through the Financial Aid Office: The Free Application for Federal Student Aid (FAFSA) and the Brigham Young University Financial Aid Application. The Brigham Young University Financial Aid Application includes an overview of all loans, grants, and scholarships available through the Financial Aid Office. This overview will acquaint you with the various types of financial aid, requirements for eligibility, and deadlines. Be aware, however, that there are additional awards given through other offices on campus.

It is impossible for a booklet of this type to list all of the awards available at the University. For additional information, contact the Financial Aid Office (A-41 ASB, 422-4104).  We also recommend that you contact the particular college that includes your department.

The following is a description of financial assistance available at the University and examples of each. Remember, this is only a partial listing.

Loans

Long-term loans must be repaid in installments after graduating, whereas short-term loan payments are due during the same semester or term in which you borrowed the money. Interest rates on these loans are competitive. If you are a first-time borrower of a government student loan, you must attend entrance counseling before picking up your check. Contact the Financial Aid Office for more information.  Below are some of the types of loans described in the Brigham Young University Financial Aid Application that may be available to you.

Subsidized Stafford Student Loans (SSL)
The Stafford Student Loan must be repaid. The interest rate for new borrowers is variable with a cap of 8.25%. You must begin repayment on an SSL when you leave school, but there is a six month grace period.

Unsubsidized Federal Stafford Loan
Students who do not qualify for a full subsidized Federal Stafford Loan may borrow money under the unsubsidized Federal Stafford Loan program. You will be required to pay the interest on the loan while in school or have the interest capitalized and added to the principle of the loan.

 

BYU Short Term Loan
These short-term loans are interest free and available to full or part-time day students at the beginning of every semester or
term.  You may borrow up to the cost of tuition, but it must be repaid within that same semester or term.

Federal Supplementary Loan for Students (SLS)
The SLS Loan is an educational loan that you may apply for if you are an independent undergraduate or graduate student.

Woolley Law Loan
The Woolley Law Loan is available for full-time day students who have been admitted to the J. Reuben Clark Law School.

Marriot School of Management Loan
This is available for full-time day students who have been admitted to the Marriott School of Management, but is not available for executive MBA or MPA students.  Because of limited funds, students must first apply for Stafford Loans.

Scholarships

Scholarships are awards that do not have to be paid back. Each scholarship may be awarded to more than one recipient. These awards are funded by the university or by private individuals or corporations.
 

The Financial Aid Office offers a variety of scholarships which are available to Freshman, transfer, former, and continuing students. Scholarships from the Financial Aid Office are awarded separately for fall/winter and spring/summer. In order to apply for scholarships through BYU, fill out the appropriate section of the BYU admissions application for new, transfer, or former students.  For continuing students, you may find the scholarship application link online under the school section of Route Y.

The majority of university scholarships are merit-based, but a limited number of need-based grants are offered as well.  There are need-based scholarships designed specifically for single parents and/or re-entry students.  For deadlines and more information, contact the scholarship office (422-2146).
 

Listed below are additional scholarships available through the university which are of particular interest to non­traditional students.

Single Parent Scholarship
Fill out the supplemental scholarship application in the BYU financial aid and scholarship bulletin. For more information contact the Financial Aid Office.

Beverly Nalder Scholarship Fund for Single Mothers
422-4609
337 SWKT
This scholarship provides $2,500 for help with tuition and books to a single parent majoring in the behavioral sciences.  Applicants must have a 3.3 GPA.  For more information, contact the Women’s Research Institute.
http://fhss.byu.edu/wri/studentscholarshipsandgrants.htm

Ella Carpenter Jensen Fellowships
422-4609
337 SWKT
This fellowship is provided by the Women’s Research Institute for women pursing graduate studies in the College of Family, Home, and Social Sciences.  Approximately $2,000 is awarded for tuition or research and may be renewable.  For more information, contact the Women’s Research Institute.
http://fhss.byu.edu/wri/studentscholarshipsandgrants.htm


Sant Undergraduate Scholarships
422-4452
380 SWKT
Eligible students include Juniors and Seniors with a 3.2 GPA who are studying the family as a central focus of their education. For more information, contact the Center for Studies of the Family.

 
“A More Excellent Way”
Evening Class Office 
422-2872
These scholarships are designed for adult students enrolled in continuing education programs who are working toward a bachelor’s degree.  You must be at least 23 years of age and a student in BYU evening classes.  Preference is given to single parents and disabled students. Applicants are selected on the basis of financial need, academic potential, character, and the capacity to help others develop their skills, talents, and abilities.  The amount of the award will vary according to the need of the student.  More information can be obtained from the evening class office.
http://ce.byu.edu/is/site/students/scholarshipapp.pdf

Soroptimist Foundation Scholarship
246-8488
Eligible applicants are women who have not yet earned an undergraduate degree and are divorced or are single heads of household.  The deadline is early December for the following school year.  Information can be obtained by contacting Cheri Richardson.
www.soroptimist.org

Nationally Competitive Scholarships (Rhodes, NSF, etc.)
422-6136
102B MSRB
Information about these graduate and undergraduate scholarships is available through the General and Honors Education Office, a.k.a. the “Office of Prestigious Scholarships”.  There are academic coaches in the office that help students complete their applications.  For more information, contact the General and Honors Education Office.
opsf.byu.edu

Tribal Scholarship
422-3065
1320 WSC
All large tribes and some small tribes have scholarships available for Native Americans.  You must show documented proof of being one-quarter blood of North American Indian (Canadian included).  Contact the Multicultural Financial Aid Office to make an appointment with a counselor.

Multicultural Scholarships
422-3065
1320 WSC
Scholarships provided through the Multicultural Financial Aid Office for students who are Latino, Native American, Polynesian, African American, or Southeast Asian Refugee and are United States citizens or permanent residents.  Applicants are required to apply for the federal Pell Grant to assist in determining financial aid.
multicultural.byu.edu

Business and Professional Women’s Foundation
350 MSRB
Scholarships are awarded to women ages 25 and over with critical financial need who are seeking education for entry, re-entry into, or advancement within the health professions and business.  Scholarships are available for undergraduate or graduate studies.
www.bpwusa.org


Association for Women in Science Educational Foundation
1-800-886-AWIS
Predoctoral awards and college scholarships for high school seniors.  Scholarships are available for college sophomores or juniors studying physics or geoscience.  Additionally there is a variety of scholarships available to women in science related fields of study.
www.awis.org/careers/edfoundation.html

Grants

Grants are awards that do not have to be repaid.  They are awarded on the basis of financial need and academic performance.  You are required to fill out the Free Application for Federal Student Aid (FAFSA) in order to apply for any grant available through the University.
www.fafsa.ed.gov

Pell Grant
The Pell Grant is a federally funded financial aid program.  You can apply late in the year and if you qualify, you may receive funds retroactively.  To be eligible you must meet the income requirements.  Your grant money is distributed according to hours registered in school and may vary fall/winter and spring/summer.  If you choose not to go to school full time fall/winter and wish to attend spring/summer, be sure to ask your counselor how your grant money can be disbursed.

Multicultural Grant
422-3065
1320 WSC
The BYU Multicultural Financial Aid Office provides a number of grants for full time, undergraduate Native-American, African-American, Latino, Asian refugee, or Polynesian students.  Most awards from the BYU Multicultural Financial Aid Office require all applicants to complete the FAFSA and the BYU Financial Aid Application available at the Financial Aids Office.  Contact the Multicultural Financial Aid Office.
multicultural.byu.edu

Resources
 

The Financial Aid Office
422-2153
ASB A-41
This office has several books, one of which is the Directory of Financial Aid for Women by Gail Ann Schlachter.  This is a list of scholarships, fellowships, loans, grants, awards, and internships designed primarily or exclusively for women.
saas.byu.edu/depts/finaid

The General and Honors Education Office
422-6136
102B MSRB
This office has a small library (located in 102A MSRB) of some of the leading publications that list and describe available awards.
opsf.byu.edu

The Multicultural Financial Aid Office
422-3065
1320 WSC
This office has a small collection of financial aid resource books which includes a binder indexed according to major areas of study.  The awards listed are not limited to Multicultural students.  For further information, contact the Multicultural Financial Aid Office.

The Social Science Reference Section
422-6228
This section, on the first floor of the Harold B. Lee Library, contains a collection of books about financial aid.

“The SmartStudent Guide to Financial Aid”
This site will put you in touch with the non-BYU financial aid that is offered.  We advise that you only use the free sites, as they are just as informative and helpful as the ones that cost.
www.finaid.org

Other websites that may be helpful:

www.back2college.com

www.collegeboard.com/pay

www.fastweb.com

www.usnews.com