Financial Aid

Benedictine University’s Office of Financial Aid is dedicated to helping students achieve an affordable online education. A number of financial aid options are available to students who need assistance. Regardless of income, almost all students can qualify for some form of financial aid.

To Apply

Complete the FAFSA application that is available online at www.fafsa.gov. Include Benedictine's school code 001767 to release your FAFSA results to the Office of Financial Aid.

Loans

The Federal Direct Unsubsidized Loan is a low-interest loan that has a fixed interest rate for the life of the loan. You must be a degree-seeking student and maintain at least half-time enrollment in a graduate program. Interest accrues from the date the loan is disbursed; however, you may choose to defer principal and interest payments while you are in school. Repayment begins six months after the student completes the program, ceases enrollment or drops below half-time enrollment.

The Federal Direct Graduate PLUS Loan Program is an additional loan available for graduate students. Graduate students may borrow up to the cost of education less other financial aid resources. The interest rate is fixed at 7.9 percent. It is recommended that students first borrow their full eligibility of the Federal Direct Unsubsidized Loan before applying for the Federal Direct Graduate PLUS loan.

Scholarships

You may qualify for one or more scholarships to help finance your education. Talk to a program manager to identify scholarship opportunities, or use these resources:

Frequently Asked Questions