FAFSA and financial aid
The Free Application for Federal Student Aid (FAFSA), is the form that determines your financial aid from the state, government and Park University. The form collects personal and financial information from students and parents for dependent students. The information is applied to a formula to determine your Expected Family Contribution, or EFC. The FAFSA application reviews each student applicant for both grants and loans with this one application.
Apply Now: https://studentaid.gov/h/apply-for-aid/fafsa
The FAFA page is now available for the 2021-2022 academic year. Park Universities priority deadline for Missouri resident FAFSA filers is February 1st and March 1st for all other residents.
It is the student’s responsibility to review their Park University email for information regarding their financial aid status. We strive to communicate effectively on what documents are needed to complete the award or regarding changes to an existing award. Students with a valid FAFSA on file can log in to their Financial Aid portal to submit documents, check their status or view/accept financial aid offers. Your attention is required on all financial aid notifications to ensure there are no delays in confirmation, book vouchers and/or meeting billing due dates.
APPLY FOR FINANCIAL ASSISTANCE
Complete the Free Student Application for Federal Student Aid (FAFSA).
*Do not send your tax information unless it is requested.
Park’s FAFSA code: 002498
Types of Federal Grants
Federal Pell Grants are awarded to undergraduate students who display exceptional financial need as determined by the FAFSA application and have not earned a bachelor’s, graduate, or professional degree.
Federal Supplemental Educational Opportunity Grant (FSEOG) awarded to undergraduate students who have exceptional financial need and who have not earned a bachelors degree, graduate or professional degree. Federal pell grant recipients receive priority. FSEOG funds are limited and not all eligible students will receive funding.
Teacher Education Assistance for College and Higher Education (TEACH) • For undergraduate, postbaccalaureate, or graduate students who are enrolled in programs designed to prepare them to teach in a high-need field at the elementary or secondary school level. Must agree to serve for a minimum of four years (within eight years of completing or ceasing enrollment in the program for which the student received the grant funds) as a full-time teacher in a high-need field in a school or educational service agency that serves low-income students • Must attend a participating school and meet certain academic achievement requirements • Failure to complete the teaching service commitment will result in the grant being converted to a Direct Unsubsidized Loan that must be repaid
APPLY FOR Student LOANS
- Complete Your MPN (Master Promissory Note) at Direct Loans
- Complete an Entrance Interview
- Exit Counseling
- Student Loan Repayment Options
Students, who receive more in financial aid than the charges on their student account, may receive a refund. In cases of a refund, students should complete a Direct Deposit form. Further instructions may be provided if a student is awarded a scholarship that is in conflict with a refund. (i.e.: Kansas City Scholars)
COORDINATION OF FINANCIAL ASSISTANCE
Any financial aid award is subject to review based on assistance received from outside sources. All sources of aid, with the exception of VA benefits, are regarded as estimated financial assistance and must be included in the financial aid award.
NEW STUDENT Resources
- Understanding the Financial Aid Process
- Loans – Entrance Counseling
- Veterans Affairs Materials
- Transfer Students Checklist