La Salle University

Undergraduate Admissions
International Students

Types of Financial Aid and Eligibility Requirements

Financial aid is a term that refers to any resource provided to a student to help meet educational expenses.  Financial aid generally includes grants and scholarships, loans and student employment.  It is intended to supplement family and student contributions.  The information you supply on the Free Application for Federal Student Aid (FAFSA) is used to determine your (or your family’s) contribution to your college education.  
In order to meet eligibility requirements for most financial aid, you must:

  • Be a U.S. citizen, permanent resident, or other eligible noncitizen (as defined on the FAFSA)
  • Be enrolled in an eligible degree or certificate program at the University
  • Be registered with the Selective Service, if eligible

Every student with a completed application received by the suggested filing deadline will be fully considered for all types of available financial aid.

Types of Financial Aid

There are four main types of financial aid.  Qualifications for each type of financial aid may vary and many students receive a combination of awards from different types of aid in a financial aid package.

Click on a heading below to access detailed information about each type of financial aid listed:

  • Scholarships – awards that do not need to be repaid.  Scholarships are awarded based on academic achievement, demonstrated excellence of a special talent or community service.  Students must separately apply for scholarships that are awarded through private sources, such as foundations, employers, schools and religious institutions.  La Salle University awards scholarships based on academic merit and athletic performance (in compliance with NCAA Division 1 regulations).
  • Grants – awards that do not need to be repaid.  Grants are usually awarded based on determination of financial need.  Funds are made available through the state or federal government as well as La Salle University.
  • Loans – funds that are borrowed and must be repaid, with interest, after the student is no longer enrolled.  Loans are funded by the federal government as well as private lenders. There are need-based and non-need based Federal loan programs with fixed-interest rates for students and parents. Alternative Education Loans are also available from private lenders.
  • Student Employment – Federal Work-Study assistance provided through part-time employment during the school year.  Students receive funds in the form of a paycheck.  Students who are not eligible to receive Federal Work-Study may still work part-time on campus through jobs paid by the departments’ budgets.

Financial Aid Eligibility

La Salle Scholarships are determined by a student’s previous academic performance.  Admissions Office staff evaluates each student that applies based on a wide spectrum of criteria, including but not limited to his/her grades and GPA, rigor of the high school program, class rank, SAT and/or ACT test scores, involvement in extracurricular activities and community service experience.

Need-based financial aid includes most grants, some loans and part-time employment through the Federal Work-Study program.  To be considered for any need-based assistance, students and families must complete the Free Application for Federal Student Aid (FAFSA).  The FAFSA is the primary tool used by the Office of Financial Aid to evaluate each family’s ability to contribute to educational costs.  La Salle’s FAFSA priority filing deadline for incoming students is February 15th.

Financial Need is the difference between the Cost of Attendance and the Expected Family Contribution, or EFC.  
(Financial Need = Cost of Attendance – EFC)

The Cost of Attendance is comprised of a student’s actual tuition and fees, room and board, and estimated average expenses for books and supplies, transportation and personal items.

The Expected Family Contribution (EFC) is calculated based on the information submitted on the FAFSA, and is a standard measure of a family’s ability to contribute to higher education expenses. The formula uses all the information submitted on the FAFSA, including total income, taxes paid, family size and the number of family members in college at the same time.


Types of Financial Aid


Scholarships for Incoming, Transfer and International Full-Time Day Students
Each year La Salle awards scholarships to our incoming class of new students. More than just helping with tuition costs, our scholarships are intended to acknowledge and reward the accomplishments of our applicants both in and out of the classroom. Our process is in-depth because we are weighing all relevant information sent to us. Scholarships are not given based solely on a GPA or solely on an SAT score. We evaluate a wide spectrum of criteria, including but not limited to: the strength of curriculum chosen, the strength of the school attended, GPA, test scores, extracurricular activities, the application essay and overall presentation and letters of recommendation.



Federal Pell Grant is a federally administered program, which awards grants to undergraduate students on the basis of exceptional need, who are enrolled for at least 3 credits and have not earned a previous degree.

Federal Supplemental Educational Opportunity Grant (FSEOG) is a Federal grant, administered by the University. FSEOG is awarded to undergraduate students demonstrating exceptional need.  Priority is given to full-time Federal Pell Grant recipients who apply on-time.

PHEAA State Grant is awarded by the State of Pennsylvania to undergraduate students who are Pennsylvania residents, are enrolled for at least 6 credits and do not have a previous degree. Please see the PHEAA website for more information. 

State Grants are awards given by various states to students who reside within that state. Each state has its own award levels and eligibility criteria. Generally, state grants are awarded on the basis of need and limited to undergraduate students attending full-time. You should contact your state agency for more details and filing deadlines.

La Salle University Grant is awarded from University resources to help students finance their education. Awards are restricted to full-time traditional undergraduate students who apply on-time and demonstrate financial need.



Federal Direct Loan Program

  • Subsidized Loan is a fixed rate loan awarded on the basis of need made directly by the Federal Government.  Interest does not accrue while the student is enrolled at least half-time.  Repayment begins 6 months after leaving school or enrolling less than half-time with a standard of 10 years to repay.  Students must be enrolled as at least a half-time student to be eligible and be enrolled in an undergraduate program of study.
  • Unsubsidized Loan is a fixed rate, non-need based loan made directly by the Federal Government.  This loan is the same as the regular subsidized Direct Loan; with the exception that students must make interest payments while in school and during the grace period or the interest will be capitalized. Students must be enrolled as at least a half-time student to be eligible.

First-time borrowers must complete a Master Promissory Note (MPN) online at . The MPN is a legal document on which the borrower’s signature represents a  promise to repay future disbursed loans.

In addition, Loan Entrance Counseling is required for all first-time Federal Direct Loan borrowers.  Entrance Counseling can be completed online at . During your online Counseling session, you will be informed of your rights and responsibilities as a borrower, and the terms and conditions associated with borrowing through the Federal Student Loan program.

Dependent Students

Annual loan limit


(Maximum subsidized portion, based on need: $3500)


(Maximum subsidized portion, based on need: $4500)

Junior or Senior

(Maximum subsidized portion, based on need: $5500)

Independent Students

Annual loan limit


(Maximum subsidized portion, based on need: $3500)


(Maximum subsidized portion, based on need: $4500)

Junior or Senior

(Maximum subsidized portion, based on need: $5500)

Graduate or Professional

(Maximum subsidized portion, based on need: $8500)


Lifetime Aggregate Limits

Undergraduate Dependent lifetime limit

(up to $23,000 may be subsidized)

Undergraduate Independent lifetime limit

(between subsidized and unsubsidized)

Graduate or Professional lifetime limit

(up to $65,000 may be subsidized) or
$224,000 (for health professions)

Federal PLUS Loan is a non-need-based loan for the parents of dependent undergraduate students who are enrolled at least half-time. Standard repayment begins within 60 days after the loan is fully disbursed. Borrowers may request to defer payment until after the student ceases to be enrolled at least half-time.

Please reference above Master Promissory Note (MPN) and Entrance Counseling requirements.

Federal Graduate PLUS Loans are non-need-based loans for graduate-level students.  With a Grad PLUS loan, you may borrow up to the full cost of your education, less other financial aid received, including Federal Direct Loans. 

Please reference above Master Promissory Note (MPN) and Entrance Counseling requirements.

Federal Perkins Loan is a low-interest loan administered by the University and awarded to eligible students.  Recipients must sign a Master Promissory Note, which will be used for consecutive years of borrowing.  Repayment begins nine months after leaving school.  The interest rate is 5%.  Payments are scheduled over a period of up to ten years.  Priority is given to eligible full-time students, demonstrating exceptional need, who apply on time.  New borrowers:  This award will not be credited to your account until you have returned the separately mailed Master Promissory Note and datasheet to the Office of Student Financial Services.

Alternative Education Loans are available to students with credit-worthy cosigners to help bridge the gap between what their family’s financial resources will allow and the cost of higher education.  If your family requires additional financing options, there are a number of other choices available.  Please refer to our list of the most frequently used Alternative Educational Lenders at La Salle University at .

Student Employment
Federal Work-Study (FWS) is a need-based employment program administered by the University.  Priority is given to full-time students who apply on time.  Federal Work Study is not credited to your account balance as you will receive bi-weekly paychecks for the hours you have worked.  You will need to sign a student contract and submit it to the Office of Human Resources.  The contract will be provided by the Office of Financial Aid.

If a student is not eligible for Federal Work-Study, he/she still has the opportunity to work part-time on campus in a “Budget job”.  Budget jobs are part-time positions on campus that are open to all students, regardless of financial need.


Active Duty Veterans

If you served on Active Duty, you might be eligible for education benefits offered by the Department of Veterans Affairs. For example, the Post-9/11 GI Bill provides financial support for educational and housing expenses to individuals with at least 90 days of aggregate service after September 10, 2001, or individuals discharged with a service-connected disability after 30 days. You must have received an honorable discharge to be eligible for the Post-9/11 GI Bill.

If you are currently serving in the military, you may be eligible for funding offered through the Department of Defense Tuition Assistance program. Check your eligibility status and the amount for which you qualify with your Service prior to enrolling.

If you are the spouse or child of a service member who is serving on active duty Title 10 orders in the paygrades of E1-E5, O1-O2, or W1-W2, you may be eligible for financial assistance from the Department of Defense for education, training, and/or the occupational license and credentials necessary for a portable career.

If you are the spouse or child of a service member, you may be eligible for transfer of the service member’s Post-9/11 GI Bill benefits to you.