Student Financial Aid
Your Financial Aid Offer
Your financial aid eligibility is determined by several factors including your Student Aid Index (SAI) as calculated by your FAFSA, timeliness of application, estimated cost of attendance, classification, receipt of outside aid, satisfactory academic progress, minimum credit hour requirements, and availability of funds. Your financial aid offer may consist of scholarships, grants, loans, Federal Work Study, or a combination of these programs. Scholarships and grants do not have to be repaid. Loans must be repaid. Federal Work Study offers are earned, and bi-weekly payment is made for work performed.
After all eligibility requirements have been met and corrections, if required, have been made, you will receive a Financial Aid Offer informing you of the aid for which you are eligible, your aid amount, and conditions of your offer. All financial aid offers will be sent to Auburn email addresses with instructions to view and accept/decline aid offers on My Finances. We plan to begin offering aid late March.
If you anticipate receipt of any outside aid including but not limited to fee waivers, outside scholarships, private loans or fellowships you MUST report the source and amount to our office. Failure to report this information may result in post-payment adjustments and immediate repayment of aid. Additional instructions will accompany the Financial Aid Offer Email.