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Adult Accelerated Student Financial Aid

Your education is an invaluable investment toward your future and Edgewood College is available to guide you.

 

Applying for Financial Aid

 

  1. Be accepted for admission to Edgewood College. Applications are available here.
  2. Obtain a FSA ID at www.studentaid.gov/fsaid.  The FSA ID serves as an electronic signature on the FAFSA.
  3. Complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov. Edgewood College’s Title IV School Code is 003848.

Students admitted as degree seeking Returning Adult Accelerated students must:

    • Be fully admitted as a degree seeking student at Edgewood College.
    • Certificate seeking students are not currently qualified to receive financial aid.
    • Be enrolled at Edgewood at least a 1/2 time – 6 credits per semester
        • (Fall = Terms A & B, Spring = Terms C &D, Summer = Terms E & F)

Tuition

    • $480 per credit (through Term E 2017) Note: please expect a nominal increase in charges for the 2017-2018 year (3.5% on average).

Federal & State Financial Aid

    • Students who complete the Free Application for Federal Student Aid (FAFSA) online at www.fafsa.ed.gov, will be considered for the following programs.

Grants

    • Federal Pell Grant - A federally funded need based grant awarded to undergraduate students who have not yet earned a bachelor’s degree and who have exceptional need.
    • Wisconsin Grant - Provides assistance to undergraduates enrolled at least 1/2 time.  Awards based on financial need and eligibility cannot exceed 10 semesters. 

Federal Loans

    • Federal Stafford Loan - A low interest student loan that must be repaid. Repayment begins six months after you graduate, leave school, or drop below half-time status. There are two types:
      • Subsidized – awarded based on financial need. Interest does not accrue while enrolled at least half-time.
      • Unsubsidized – awarded to students regardless of financial need. Interest starts accruing at the time of disbursement.
    • Annual Federal Loan Limits
      • Freshman (0-27 credits)       $5,500 (Dependent Students)    $9,500 (Independent students)
      • Sophomore (28-59 credits)   $6,500 (Dependent Students)    $10,500 (Independent students)
      • Junior/Senior (60 + credits)  $7,500 (Dependent Students)    $12,500 (Independent students)

Payment Options

    • Stafford Loans- Federal loan for students (FAFSA required)     

    • Flexible monthly payment plan- available to students who plan to make monthly payments.
      • 25% of balance and a $15 enrollment fee due by the payment deadline.
      • A 1% monthly finance charge is applied.
      • Complete the monthly payment plan on Edgewood Express.
    • Employer reimbursement plan- available to students whose employers will reimburse their tuition expenses.
      • $15 enfollment fee due by the payment deadline. 
      • A 1% monthly finance charge is applied.
      • Complete the employer reimbursement plan on Edgewood Express.
    • Pay in full by the payment deadline.