Adult Financial Aid

Newman University classroom adult student

Monica Heffington

Cowley College transfer

"People think coming to Newman will be more expensive because it's a private school. But I'm actually spending less here than I would at a public school because of all the grants and scholarships."

Getting Started

Adult students are often not aware of the many financial aid options available to them. The first step to learning what financial aid you may qualify for is to complete the Free Application for Federal Student Aid (FAFSA). This may be completed on-line at www.fafsa.ed.gov. In order to sign your on-line application you will need a PIN number. You may sign up for a PIN number at www.pin.ed.gov. If you prefer you may bring your financial information (tax return and W-2s) into the Financial Aid Office and we will be happy to help you complete the application.

Federal Financial Aid Available

Pell Grant

This federal grant is financial aid that does not have to be paid back. It is awarded to undergraduate students who are working on their first bachelor’s degree. The grant is awarded based on financial need. The Financial Aid Office will determine your eligibility. For specific award information visit the Federal Financial Aid section.

Subsidized Stafford Loan

Unlike the Pell Grant the Subsidized Stafford Loan must be repaid. The loan is also based on financial need. The Subsidized Stafford Loan payment is deferred as long as the student is enrolled at least half-time. The government pays the interest while the student is in school. After the student graduates or is no longer enrolled at least half-time the loan enters a 6 month grace period. During the grace period the government continues to pay the interest. For specific loan information visit the Federal Financial Aid section.

Unsubsidized Stafford Loan

The difference between the Subsidized and the Unsubsidized Stafford Loan is the student is responsible for the interest during the life of the loan. The student has the option of paying the interest while they attend school. If the student prefers they can defer the interest payments while they are in school, however the interest will still accrue. For specific loan information visit the Federal Financial Aid section.

Career Advantage Pricing (CAP)

Newman University offers a reduced tuition rate for students in certain programs. Learn more about NU's Career Advantage Pricing.