Financial Aid Eligibility

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.

You can file your 2017–18 FAFSA as early as Oct. 1, 2016, rather than beginning on Jan. 1, 2017. The earlier submission date is a permanent change, enabling you to complete and submit a FAFSA as early as October 1 every year, using income tax information from an earlier tax year. For example, on the 2017–18 FAFSA, you—and your parent(s)/guardian(s), as appropriate—will report your 2015 income and tax information, rather than your 2016 income and tax information.


La Salle Scholarships

The 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.

To be considered for any scholarships or grants administered by the Office of Financial Aid, students are encouraged to complete and submit the Common Scholarship Application.

To complete the Common Scholarship Application, click here. Please note that some scholarships may require a separate application specific to the scholarship you’re applying for.


Need-Based Financial Aid

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.

Financial Need is the difference between the Cost of Attendance and the Expected Family Contribution, or 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.

Cost of Attendance – EFC = Your Financial Need


Federal Direct Loan Program Borrower Eligibility

Students must be a US citizen or permanent resident enrolled for a minimum of 6 credits per semester at La Salle. Must not be in default on any education loan or owe a refund on an education grant.

Please note there are Master Promissory Note (MPN) and Entrance Counseling requirements.


Direct PLUS Loan for Parents Eligibility

Borrower eligibility for the Direct PLUS Loan is ultimately determined by FAFSA information, La Salle University Cost of Attendance, the application and credit approval process, and any other required documentation. The student must also meet Federal Student Aid (FSA) general eligibility requirements.

In order to be eligible for a Direct PLUS Loan, the undergraduate student must be enrolled for a minimum of 6 credits per semester.

Please note there are Master Promissory Note (MPN) and Entrance Counseling requirements.


Federal Perkins Loan Eligibility

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.


Direct PLUS Loan for Graduate Students Eligibility

To be eligible for a Direct PLUS Loan at the graduate level, you must be enrolled at least half-time (or, 3 graduate credits per semester) at La Salle University in a program leading to a graduate or professional degree/certificate. You must also meet certain general eligibility requirements for federal student aid, which is determined by the FAFSA, La Salle’s Cost of Attendance, the application and credit approval process, and any other required documentation. The student must also meet Federal Student Aid (FSA) general eligibility requirements.


Financial Aid Eligibility for Preparatory and Certificate Students

Students in a prerequisite program may be funded with federal Direct Loans for twelve consecutive months (3 consecutive semesters) while enrolled in at least 6 credits/semester. If a student becomes ineligible for federal Direct Loans during this timeframe due to enrollment or academic progress, that semester’s aid is forfeit and cannot be carried forward to another semester.

Students in any of the following programs are considered fifth-year undergraduate students for federal Direct Loan eligibility since they have already earned a Bachelor’s Degree. The maximum Direct Loan amount per year is up to $5,500/subsidized and up to $7,000/unsubsidized based on dependency status and/or Parent PLUS Loan denial.
Qualifying preparatory programs at La Salle are:

  • Pre-Speech-Language Pathology;
  • Pre-Med;
  • RN-MSN Bridge; or
  • Prerequisites for a Master’s program

*To be eligible for Direct Loans while in any of these programs, students must have Direct Loan fund eligibility remaining on the undergraduate level.

If you have already completed your Master’s Degree in Education and are only completing certification, you will be considered a fifth-year undergraduate student for federal Direct Loan eligibility. The maximum loan amount per year is up to $5,500/subsidized and up to $7,000/unsubsidized, while enrolled in at least 6 credits/semester.

*To be eligible for Direct Loans while in any of these programs, students must have Direct Loan fund eligibility remaining on the undergraduate level.

While enrolled in the ESL Certification Program, students are considered a fifth-year undergraduate student for federal Direct Loan eligibility. The maximum loan amount per year is up to $5,500/subsidized and up to $7,000/unsubsidized, while enrolled in at least 6 credits/semester.

*To be eligible for Direct Loans while in any of these programs, students must have Direct Loan fund eligibility remaining on the undergraduate level.

Students who are enrolled in courses for state licensure only are ineligible for federal aid; however, they may take advantage of private alternative loans.

Students enrolled in courses for graduate certificate programs will need to contact Financial Aid to determine aid eligibility.