Student Financial Services
Securing resources to fund an education is necessary for many students.
Avila University aims to provide education, guidance and support to all students, and their families, throughout the financial aid process.
Documents may be faxed, mailed or delivered in person to:
Financial Aid Office
11901 Wornall Rd
Kansas City, MO 64145
2018-2019 Financial Aid Forms
Some forms are not available online. If you need a form not listed below, please contact the Financial Aid Office.
**These requirements can be completed online at studentloans.gov using your FSA ID.
Thank You & Bio - Students will be contacted in August to complete this requirement
Work Study Eligibility
Federal work study eligibility is based on demonstrated financial need. To be considered for a work study award at Avila University, students should complete the Free Application for Federal Student Aid. Since work study funds are limited, file the FAFSA as early as possible.
If a student is not awarded work study as part of the initial award package, contact the Financial Aid Office to be placed on the waiting list. If a student is subsequently awarded a work study award, he or she will receive a revised award notification via their Avila email account.
HOW TO FIND A JOB
1. Open Available Jobs document below.
2. Contact Supervisors of jobs you are interested in. Resumes, cover letters and interviews may be required.
If after the semester charges and credits are applied to your account you are left with a balance owed, you can either pay the balance in full before classes start, sign up for the monthly payment plan, or take out an additional loan.
If you are interested in additional loan options to help finance your education please see the drop down below for further information or contact the Student Financial Services Office at 816-501-3600 or firstname.lastname@example.org.
Students with a credit balance will receive an email from the Business Office once their Refund Check is available for pick up. Refund checks are typically available 2 to 3 weeks after the beginning of a students 6th credit hour. (3rd credit hour for Graduate Students.)
Types of Student Loans
Student loans can come from the federal government (Federal Direct Loans) or from private sources such as a bank or financial institution.
It you decide to take out a loan, make sure you understand who is making the loan and the terms and conditions of the loan, as loans must be repaid.
Federal Direct Loans
Federal Direct loans are fixed rate student loans, that are applied for by completing the FAFSA each school year.
- The Financial Aid Office awards Subsidized Loans, Unsubsidized Loans, or a combination of both based on financial need.
- Federal Direct Subsidized Loans are based on financial need, and the government pays the interest while the student is in school, in grace or deferment status.
- Federal Direct Unsubsidized Loans are not based on financial need, and the interest is the borrower's responsibility.
- For up to date terms on these loans, please visit: www.studentaid.gov.
Before receiving Federal Loans, first-time borrowers must complete the following at StudentLoans.gov:
- Loan Entrance Counseling
- Master Promissory Note
Federal Direct PLUS Loan
The Federal Direct Parent PLUS Loan is available to parents of dependent undergraduate students or graduate students may apply. Parents/graduate students can apply online Here. Applications can be submitted after May 1st. For more information on Direct Plus loans visit, www.studentaid.gov.
Federal Perkins Loan
***The Federal Perkins Loan Program ended September 30, 2017. No further Perkins Loans will be offered.
The Federal Perkins Loans are low interest loans for students with exceptional financial need. The interest rate is fixed at 5% and the school is considered the lender, thus Perkins Loan borrowers will make repayment to Avila University. For more information on Perkins Loans please click here.
At the time a student graduates or withdraws from Avila University they must meet with Maggie in the Student Financial Services Office to complete Perkins Exit Counseling.
Maggie can be reached at email@example.com or by phone at 816-501-3741.
Other Resources - Loan Comparison
You may need funds in addition to your student's Federal Direct Loans to pay for your student's education. Please also look into outside scholarships and the Business Office's payment plan to reduce future loan debt. When deciding on what type of education loan best fits your needs, please use the above listed Loan Comparison sheet.
Private Loans - Private Lender Applications
Private/Alternative Loans are managed through private lenders such as banks or credit unions, and are credit based. Use the above list to see the lenders we work with most often, or to submit an application.
- These loans can be borrowed in the student's name, and will usually need a creditworthy co-signer.
- Parent's can apply for a loan in their name, these are called Private Parent Loans.
- In some situations a creditworthy extended relative or friend can apply as the borrower.
- International students can apply with a creditworthy U.S. citizen or permanent resident co-signer.
- You are welcome to apply for a private student loan through an institution not on our list.
Federal Direct Loan exit counseling is required for all students who borrow federal direct loans at their time of departure from Avila University (graduation or withdrawal). Exit counseling provides information including your rights and responsibilities as a student loan borrower. You can complete Exit Counseling online by clicking here or in person.
If you would like to complete Exit Counseling in person contact our office, at firstname.lastname@example.org or by phone at 816-501-3600.
Types of Grants
Grants are awards that do not have to be repaid. With the exception of the TEACH Grant all grants are awarded to undergraduate students only. The most common grant awarded to Avila University students is the Federal Pell Grant, a need-based grant awarded only to undergraduate students who have not earned a bachelor's or a professional degree.
- Federal Pell Grant - - - - Pell Lifetime Eligibility
- Federal Supplemental Educational Opportunity Grant (SEOG)
- Federal TEACH Grant* (Graduate Students may qualify)
Financial Aid Checklist
- Complete the FAFSA (Free Application for Federal Student Aid) by February 1st each year. Remember, the FAFSA is free — do not pay for it! Some financial aid is determined on a first-come, first-served basis so complete the application early. Make sure to include the Avila University school code: 002449
- Monitor your personal and Avila email accounts. Requests for additional information, supplemental documentation and Financial Aid Award notices will be emailed to you.
- Review your Financial Aid Award Letter (once received via mail or Avila email), sign and return it to the Financial Aid Office promptly.
- If additional information or documentation is requested, provide it as soon as possible to ensure there is no delay in the processing of your financial aid.
- Apply for additional scholarships. Continue searching for scholarships throughout the year as new scholarships are posted regularly.
IMPORTANT TIPS for a smooth application process:
- Apply early, read information sent to you, and respond quickly to requests for additional documents.
- Apply by the application deadlines to be considered for all aid programs.
- Keep copies of your applications and materials in a file with other important papers.
- Avila University sends all important information via email, so check your email regularly.
Withdrawing from Courses
If you are considering dropping or withdrawing from some or all of your courses, please contact the Financial Aid Office immediately regarding possible adjustments to your financial aid. Your current or future financial aid may be affected based on the federal regulations of Return to Title IV Funds and Satisfactory Academic Progress.
Keeping your aid eligibility depends on your progress toward completion of your degree program.
Please note that Satisfactory Academic Progress for Financial Aid Eligibility is different from the University’s Academic Probation and Dismissal Policy.
Federal regulations require universities to develop and maintain policies outlining continuing eligibility standards for students receiving financial aid. The Financial Aid Office at Avila University monitors the academic progress of every student at the end of each term to verify they meet federal and university standards. Students failing to meet this satisfactory academic progress (SAP) policy may have their financial aid suspended. Any student who fails to meet the following standards will be notified through their Avila University email account and in some instances a letter will also be mailed.
Note: Satisfactory Academic Progress for Financial Aid eligibility should not be confused with the University’s Academic Probation and Dismissal Policy.
Return of Title IV Funds
If you withdraw from the University or lose eligibility for financial aid due to a change in enrollment, you may be required to return all or a portion of the financial aid you received.
Money Minds is a team of Avila students and staff committed to“helping students make sen$e of their money”. We provide students and alumni with tools and resources to become financially fit in a variety of areas including:
- Student loan planning and repayment
- Credit use
- Managing Debt
- Transitioning financially to life after college
- Buying or Renting a home/apartment
- Purchasing a car
Follow us on Facebook (Avila Money Minds) and Twitter for information on sponsored contests. If you have a specific question concerning the who, what, where or how to financially prepare for life after Avila, contact the Student Financial Services Office at email@example.com.
Interested in building your credit? Check out How to Build Credit for some helpful information!