Financial Aid Application Procedures

Each applicant interested in financial aid must follow these specific steps:

1. Complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. Include Alabama State University’s federal school code 001005.
2. Complete additional data necessary to clarify or verify the financial information you submitted. Requests for additional data will be sent to you by the University.
3. Entering students are encouraged to complete an application for admissions at the earliest possible date. No student will be considered for assistance until he or she has been officially admitted to the university.
4. Complete Entrance Counseling and Master Promissory Note for federal loans awarded at www.studentloans.gov.
5. Be enrolled at least half-time to receive federal loans.
6. Maintain Satisfactory Academic Progress (SAP). SAP policy may be reviewed at www.alasu.edu under Cost & Aid.

These application procedures apply to both in-state and out-of-state students.

The priority date for financial aid applications is April 1st.

All student loans administered by the financial aid office are for current costs of attendance – tuition, fees, room and board, transportation, books, etc. A brief description of the loan programs follow:

Federal Direct Unsubsidized Loan is a program whereby a graduate or professional student may borrow up to $20,500 per academic year for educational expenses, provided they have not exceeded the aggregate limit of $138,500. Repayment begins six months after the student leaves school.

Federal Direct Plus Loan (Grad Plus) makes long-term loans to pay for the cost of study at postsecondary schools. Graduate and professional students may borrow up to the cost of attendance minus other aid awarded. A credit check is performed. Students who are not approved have the option of obtaining an endorser or appeal the credit decision.