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Need-Based Aid

Do not assume you are ineligible for financial aid. Because rules, regulations, and eligibility requirements change from year to year, you should at least apply. You may find it is well worth your time to complete the FAFSA.

A college education normally requires a financial partnership between you and your parents that should be discussed thoroughly.

The Office of Financial Aid makes every effort to help you with your demonstrated need for financial assistance. The amount of scholarships and grants that are available will seldom meet 100 percent of your eligibility, or need, for assistance.

Although we do not review your application for financial aid until you are admitted to Bryant, do not wait until being admitted to apply for financial aid. Late financial aid applications are placed on a waiting list and will be reviewed only if funds remain after all on-time requests have been evaluated. Check the financial aid calendar below for deadlines.

Financial aid awards are based, in large part, upon the information contained on the 2017-18  Free Application for Federal Student Aid (FAFSA), available beginning Oct. 1, 2016. A verification worksheet, tax transcripts, and/or other documents may also be required. The Office of Financial Aid will maintain complete confidentiality of all information. Since anyone’s financial situation is subject to change, a financial aid officer may review and revise awards based on changes in family circumstances. 

Financial Aid Calendar*

Nov. 1, 2016

Deadline to file 2016-2017  FAFSA for students seeking January 2017 entrance

Oct. 1, 2016

First date the 2017-18 FAFSA may be submitted to the Department of Education. See www.fafsa.ed.gov.

Feb. 15, 2017

Deadline to file FAFSA for students seeking September 2017 entrance

March 2017

Notification to incoming freshmen and transfer students begins for September 2017 entrance

March 1, 2017

Deadline for returning students to file FAFSA to be considered for aid in 2017-18

April 1, 2017

Deadline for transfer students to file FAFSA to be considered for aid in 2017-18

May 1, 2017

Deadline for submitting signed copies of parent and student Federal Income Tax Return Transcripts (all pages) if requested by Bryant for September 2017 entrance.

June 2017

First mailing of financial aid notifications to continuing students for the 2017-18 academic year.

 * Dates are subject to change. Contact the Office of Financial Aid for further information.

Eligibility for Need-Based Financial Aid

Most financial assistance administered by the Office of Financial Aid is based in part on your financial need, which is the difference between the cost of attending Bryant and the calculated family contribution.

To be considered for need-based financial aid at Bryant you must:

  • file the FAFSA;
  • be a citizen or permanent resident of the United States;
  • be enrolled full-time or be accepted for full-time enrollment in a course of study; or be enrolled part-time and officially accepted as a candidate in a degree program;
  • be making satisfactory academic progress toward the completion of your course of study;
  • not be in default on a federal student loan;
  • not owe a refund on a federal grant.

Independent Students

According to federal regulations, students must generally meet one of the following to be considered self-supporting and independent for the academic year. Students may also be asked to submit supporting documentation to verify their status. Students must be:

  • 24 years old as of December 31 of the award year;
  • an orphan or ward of the court;
  • a veteran of the armed forces of the United States;
  • a graduate student or professional student;
  • married; or
  • have legal dependents other than a spouse.

Although there are additional criteria, if you do not meet one of the above requirements you are generally considered dependent and must file all financial aid forms accordingly.

Special Circumstances

If you face extenuating financial circumstances that may not be reflected in your FAFSA, we encourage you to send us documentation describing your situation in greater detail. This will ensure that proper consideration is given when we review your application for aid.

Financial Aid Packaging

Aid packages might include:

  • Federal Pell Grants;
  • Federal Supplemental Educational Opportunity Grants;
  • state grants;
  • institutional grants and/or scholarships;
  • Federal Work-Study;
  • a Federal Perkins Loan and/or Federal Direct Stafford Loans.

Law requires students who receive outside sources of aid (i.e., private scholarships from third-party agencies or firms) to notify the Office of Financial Aid. In some cases, the amount of this outside aid could affect the award offered by Bryant. Generally, you may not receive aid in excess of your determined need for assistance.

In many cases, it is impossible for Bryant to meet your full need. Consequently, your family may need to seek additional assistance in the form of privately-funded education loans or alternative sources.

Maintaining Eligibility – Satisfactory Academic Progress

Generally, full-time students complete their undergraduate degree requirements in four years (eight semesters). A student may take as many as 10 semesters and still qualify for federal student aid, although after eight semesters the student will no longer be considered for Bryant-funded grants and scholarships.

To remain in good standing and eligible for financial aid, full-time undergraduate students must meet the following minimum standards:

Year

After...

#of Credits Earned

Cumulative GPA

Year 1

Semester 1

12

1.75

Semester 2

24

1.75

Year 2

Semester 3

36

2.00

Semester 4

48

2.00

Year 3

Semester 5

60

2.00

Semester 6

72

2.00

Year 4

Semester 7

84

2.00

Semester 8

96

2.00

A complete statement of the University’s policy on satisfactory progress with regard to financial aid eligibility, including the appeal process, is available from the Office of Financial Aid. (Part-time students must meet the same criteria relative to the number of credits they have attempted.)