Financial Aid Options at BRIGHAM YOUNG UNIVERSITY

/Home/Student Loan Information by State/Utah Student Loans/Utah Universities Financial Aid Info

Financial Aid Options

There are a number of financial aid programs available to students who want to get an education at the Y.
The price of college can be overwhelming, but there are many ways that students can finance their education. Thus, it is our purpose to promote the mission of the university by empowering individuals with financial resources, knowledge, skills, and strategies to realize the aims of a BYU education.
Here are some of the financial aid options that may be available to you.

Federal Financial Aid
The federal government offers the following financial aid resources:
Pell Grants* are need-based awards from the federal government.
Federal Stafford Loans* are available with variable loan limits up to $5,500 in subsidized loans, depending on the student's eligibility and year in school. Independent students may also be eligible for unsubsidized loans.
PLUS Loans are available for eligible parents of dependent students.
ACG are awarded based on financial need. Students are required to have completed a rigorous secondary school program, as determined by your home state.
SMART grants are awarded based on financial need and a set of academic qualification criteria.
Utah high school graduates may be eligible for the UCOPE work-study program.
Multicultural students may apply for additional aid by completing the Comprehensive Scholarship Application.
* To apply for federal aid, students must first fill out the Free Application for Student Aid (www.fafsa.ed.gov).

BYU Financial Aid

BYU short-term loans are available to students who need help paying tuition.
BYU offers Short-term Loans at the beginning of every semester or term. Students may borrow up to the cost of tuition, but they must repay the amount before the end of that semester or term.
Campus Employment
Working on campus can be a great way to supplement your income. Many on-campus jobs are available for students attending BYU. Students may work a maximum of 20 hours per week while attending school.
Applications for on-campus jobs may be submitted on the Internet before arriving at BYU. For information about on-campus jobs, visit the Student Employment Office at http://www.byu.edu/hr/se/.

Family and Friends
Many students are afraid to ask family and friends to help them pay for college. While asking family and friends for money can be intimidating, such contributions in the form of donations or loans can save you hundreds or thousands of dollars in interest.
You might be surprised how readily family and friends will offer assistance to help you. It doesn't hurt to ask.