Value in your future
Financial Aid Costs 2019-2020
Tuition: $29,990 General Fee: $1,050 Room: $7,980 Board: $5,200
that achieving a university education isYou about making understand an investment in yourself and bringing value to your future. So do we.
At Holy Family University, our team of financial aid professionals recognizes the importance of being your partner through the financing process. As you begin your college journey, we understand that you need to know how to pool resources from family and from federal, state, and private agencies, as well as our institution. We’re here to guide you and make sense of the details.
Your road to success More than 97 percent of our new students receive some form of financial aid. You might be surprised to learn that the significant amount of financial aid can be surprisingly affordable. provided by Holy Family University to our students, when combined with federal and state financial aid programs, can greatly reduce the costs of your education. You may even discover that the cost of attending a private university such
This publication contains material related to the federal rules and regulations of the Title IV program of the Higher Education Act. While as ours can be similar to the cost of a public university, after your aid package Holy Family University believes the information contained herein is accurate and factual, this publication has not been reviewed or approved has been determined. It’s just another example of why we were named by the U.S. Department of Education. a 2019-2020 Best College (third year in a row) and ranked as an added value Equal Opportunity/Non-Discrimination Statement: Holy Family University does not discriminate on the basis of race, color, religion, age, sex, sexual orientation, gender identity or expression, national or ethnic origin, ancestry, disability, marital status, military/veteran status, or any all-star for three years straight by MONEY ® magazine (2014-2016). other characteristic protected by federal, state or local laws, in the administration of its educational policies, admissions policies, financial aid programs, athletic programs, and other school-administered activities and rights and privileges generally accorded or made available to students at the University. Holy Family University is dedicated to ensuring an environment free of discrimination or harassment of any kind, and promotes Take a moment to read this brochure. It gives you and your family important equal opportunity in its education programs. information about what aid is available and how to apply. Then, contact Holy Family University complies with Title IX, which prohibits discrimination and harassment on the basis of sex in an institution’s education programs and activities. For information regarding the University’s policies related to ADA/Section 504 and Title IX, as well as discrimination or the Holy Family University Financial Aid Office if you have any questions. harassment based upon a protected class, contact Marianne Price at 267-341-3204, [email protected], Campus Center Room 213. We’re here to make your dream of a university education possible. Regulation Change: The University reserves the right to change its regulations, courses of study and schedule of fees without previous notice. In compliance with the Student Right-To-Know and Campus Security Act of 1990 and the Equity in Athletics Disclosure Act of 1994, the Holy Family University Campus Security Report and the Equity in Athletics Report are available upon request from the Student Life Office. holyfamily.eduholyfamily.edu 1 1 How to Apply AWARD SPOTLIGHT Resident Student Step 2
After you submit your application, you will receive an emailed Student Aid Report (SAR) within a week of Michaela Berry ’20 Step 1 filing online. Be sure to review the SAR for accuracy. Hometown: Skippack, PA The SAR will provide instructions on how to make Submit your Free Application for Federal Student Aid must file no later than May 1. The information you Family Background: Michaela lives (FAFSA) online at www.fafsa.gov. Students are able report on your FAFSA is used in a formula, established corrections if they are needed. in Skippack and plans to reside to file a 2020–21 FAFSA as early as October 1, 2019, by law, to calculate your Expected Family Contribution on campus. Her father works for using your 2018 federal tax returns. To be considered (EFC). While your EFC is not necessarily the amount 3 a communications company, and her for financial aid, you must complete the FAFSA.The of money your family will have to pay, nor is it the Step mother works part-time. FAFSA cannot be submitted before October 1 but amount of aid you will receive, it is a number used by Once Holy Family receives the results of your FAFSA EFC: The FAFSA calculates an EFC should be submitted before February 15 to receive our financial aid office, in addition to your admissions and you are accepted for admission, we will provide (expected family contribution) of $5,200. priority packaging. The sooner you file your FAFSA, credentials, to determine how much financial aid you you with an estimate of your financial aid. This will the better chance you will have at available funding. are eligible to receive. include your estimated eligibility for any institutional, Financial Aid Awarded to Michaela To be eligible for a Pennsylvania state grant, you federal, and state aid. Holy Family Scholarship $18,000 Holy Family Grant $4,657 FAFSA Tips: Step 4 Resident Grant $2,500 States follow different procedures for advising students Federal Pell Grant $1,045 • When filing the FAFSA for the first time, both the student and the parent will each need to create of their actual eligibility for state aid. The Pennsylvania PA State Grant $4,122 a Federal Student Aid ID (FSA ID). Instructions are available once you select “Start Here” Direct Federal Loan $5,500 on the www.fafsa.gov website. Higher Education Assistance Agency (PHEAA) begins mailing notices to Pennsylvania residents in mid-May. Federal Work-Study $1,200 • Holy Family’s federal FAFSA code is 003275. Your information will automatically be sent to Holy Family University when you list our code on your FAFSA. If you have questions regarding PHEAA’s notice, you Total Award Package $37,024 • You must reapply for financial aid each academic year by completing a FAFSA renewal form. may call them at (800) 692-7392. This can be done at www.fafsa.gov. • Save copies of your completed FAFSA form and all financial aid forms before filing. • If you have any questions regarding the processing of your FAFSA, you may call the federal financial aid hotline at (800) 433-3243.
Holy Family University FAFSA CODE 003275 2 holyfamily.edu holyfamily.eduholyfamily.edu 3 3 Types of Financial Aid
Grant and Scholarship Award Loan Programs Who Is Eligible? Amount Repayment Begins How To Apply Programs Who Is Eligible? Amount* Determination How To Apply U.S. citizens or eligible File FAFSA and Direct All applicants non-citizens with financial 6 months after the Federal Loan Master All applicants for admission Direct Federal $100 – $5,500 considered need enrolled at least student graduates or Promissory Note; Holy Family University enrolled full-time in Admissions academic Subsidized Loans (Interest rate is 4.53% ) $8,000 – $18,000 (No additional half-time in a degree drops below half-time Complete Entrance Scholarships a first undergraduate criteria application program Counseling degree program required) File FAFSA and U.S. citizens or eligible U.S. citizens or eligible 6 months after the Direct Federal Loan According to need and Direct Federal non-citizens enrolled at $100 – $12,500 non-citizens with financial student graduates or Master Promissory Holy Family University admissions academic Unsubsidized Loans least half-time in a degree (Interest rate is 4.53%) need enrolled full-time $200 – $11,254 File FAFSA drops below half-time Note; Complete Grants criteria after other gift program in a first undergraduate Entrance Counseling aid has been applied degree program U.S. citizens or eligible All enrolled students File FAFSA non-citizens with financial 9 months after the File FAFSA; sign Criteria established by $200 – $1,200 Holy Family University who have completed and Institutional Federal Nursing Loans need enrolled full-time student graduates or Nursing Loan $200 – $7,000 donors as listed in the (Interest rate is 5%) Endowment Scholarships at least one semester Scholarship in a first undergraduate drops below half-time Promissory Note University catalog at Holy Family University Application nursing degree program
All students enrolled Parents of dependent File FAFSA File FAFSA, full-time in a first students who are U.S. Amount not to and contact Direct Federal Parent 6 months after the Direct PLUS Loan Holy Family University undergraduate degree Athletic department citizens or eligible non- exceed cost minus $1,000 – $39,448 Holy Family Loans for Undergraduate student graduates or application and Direct Athletic Grants program who participate criteria citizens enrolled at least financial aid University’s Athletic Students (PLUS) drops below half-time PLUS Loan Master in athletic department half-time in a degree (Interest rate is 7.08%) Department Promissory Note activities program
U.S. citizens or eligible Visit holyfamily.edu/ Amount not to finaid and click on non-citizens with financial Any student with good Usually 6 months after Need-based according exceed cost minus “Loan Programs,” Federal Pell Grants need enrolled in a first $311 – $6,195 File FAFSA Private Education Loans credit or a creditworthy the student graduates to federal formula financial aid then click on “Private undergraduate degree cosigner or leaves school program (Interest rate varies) Education Loans” for a listing of lenders According to need and U.S. citizens or eligible admissions academic Federal Supplemental non-citizens with financial criteria after other gift Educational Opportunity need enrolled full-time $200 – $4,000 File FAFSA aid has been applied, Grants (FSEOG) in a first undergraduate priority given to Federal degree program Pell Grant recipients Employment Programs Who Is Eligible? Amount Explanation How To Apply File FAFSA by Varies according to $500 – $4,122 Based on each state’s State Grants your state’s filing U.S. citizens or eligible your state residency (PA residents) requirements File FAFSA; additional deadline non-citizens with financial Part-time on campus Federal Work-Study employment forms need enrolled full-time $500 – $1,200 employment and off- Program (FWS) will be required before Holy Family University encourages students to pursue outside sources of support, such as high schools, in a first undergraduate campus community service beginning work local civic groups, home congregations, and foundation or corporate grants and loans. Websites elsewhere degree program Outside Scholarships in this brochure and books in your local library or high school guidance counselor’s office will help you locate other sources of aid.
* (Based on 2019/20 awards) 4 holyfamily.edu holyfamily.edu 5 Financial Aid FAQs AWARD SPOTLIGHT Commuter Student
Anne Jackson ’20 Will a request for aid affect my chances What if I am a part-time student? Will I be able to get financial aid Hometown: Philadelphia, PA for admission to Holy Family University? each year? Part-time students can receive some forms of grants Family Background: Anne lives in All students are given equal consideration for and loans. Please refer to the Financial Aid chart Aid is renewable by filing a FAFSA each year and Philadelphia with her father, a single admission to Holy Family University. The University is to determine which types of aid you might be eligible maintaining satisfactory academic progress (SAP) parent. She will be the first in her family committed to providing the opportunity for all qualified to receive. as stated in the University catalog. Usually, the awards to go to college. Anne plans to commute candidates to attend. Your financial information is not remain about the same unless there is a change from home. considered when making admission decisions. in your family’s financial circumstances or you do How is financial aid determined? not maintain SAP. EFC: The FAFSA calculates an EFC (expected family contribution) of $1,500. “Need” is universally defined as the difference between Is financial aid available for transfer your family contribution as determined by filing Financial Aid Awarded to Anne students? the Free Application for Federal Student Aid (FAFSA) Where can I find additional resources about financial aid? Transfer students are eligible for the same types and the total cost to attend the University for one Holy Family Scholarship $16,500 of aid as students attending the University year. The Financial Aid Office will analyze your For more information about financial aid or the PA State Grant $4,122 for the first time. situation carefully to find the best way to award you availability of outside scholarships, check with: Federal Pell Grant $4,745 a combination of grant, scholarship, loan, and • Your high school guidance counselor. Direct Federal Loan $5,500 work-study programs to enable you to attend Holy • Local libraries. Federal Work-Study $1,000 Family University. Your financial need will be greater • Churches, civic organizations, or other groups. at more expensive universities and this, in turn, • The human resources department(s) Total Award Package $31,867 will qualify you for more aid. Based on this formula, of your or your parents’ employer(s). Holy Family University may require less money from your family than you might expect.
The Value of Family
6 holyfamily.edu holyfamily.edu 7 We’re here to help. AWARD SPOTLIGHT Transfer Student
Brian Jones ’19 Determining where you want to go to college is a big Hometown: Delran, NJ decision, and we know that cost plays a major factor Helpful Web Sites in making that decision. Our Financial Aid Office is Family Background: Brian is from finaid.org committed to helping families find the resources to help New Jersey and is the second in his family To find general information on preparing for meet university costs. We’re also here to show you holyfamily.edu/calculator to attend Holy Family University. He is college and funding education beyond high school. how it’s possible that attending Holy Family University transferring from a community college, may require less money from your family than you studentaid.ed.gov where he earned his Associate’s Degree, might expect. We’re here to guide you through the To find general information on preparing for and will be commuting. His brother will process, assist you in reviewing the possibilities, and college and funding education beyond high school. be a senior next year. answer all the questions you may have. Calculate educationplanner.org EFC: The FAFSA calculates an EFC your To find general information on preparing for (expected family contribution) of $10,000. We encourage you to use the Holy Family Net Price options college and funding education beyond high school. Calculator, found online at holyfamily.edu/calculator. Financial Aid Awarded to Brian It is designed to help you estimate your financial aid fastweb.com options for Holy Family University based on your To search for outside scholarships. Holy Family Scholarship $12,500 personal situation. Holy Family Grant $5,536 collegeboard.org Direct Federal Loan $6,500 Holy Family University To find general information on preparing for While visiting the Financial Aid section of our website, Federal Work-Study $800 FAFSA CODE 003275 college and funding education beyond high school. you can also find other helpful information and download important forms. And always remember that Total Award Package $25,336 we look forward to speaking with you personally.
The Value of Family Contact Us WEB holyfamily.edu/finaid PHONE (267) 341-3233 EMAIL [email protected] 8 holyfamily.edu The Value of Family
9801 Frankford Avenue, Philadelphia, PA 19114 holyfamily.edu/finaid • (267) 341-3233 • [email protected]
Financial Aid