Financial Aid FAQs
We know the financial aid process can seem complicated. Here are the answers to some of the questions we are commonly asked regarding the FAFSA and the various financial aid programs we offer.
- Yes, students who file the FAFSA may be eligible for Federal Pell Grant or PA State Grant awards. However, since our online tuition rates are already discounted, we do not offer additional internal scholarships or grants. However, we encourage students to apply for external scholarships. Your tuition planner can help you find scholarships and grants.
- Yes, you must reapply each year.
- No. You may apply for financial aid before you are accepted, but you will not receive a financial aid package until you are accepted and have registered for your courses.
- Yes. Check with your enrollment counselor to see if you may be eligible.
- Yes, you must earn at least 67 percent of your credits attempted each semester, in addition to maintaining a minimum grade point average to keep receiving your financial aid. For information contact Financial Aid Office at (610) 796-8356.
- You should not skip filling out the FAFSA. The rules change every year, and you may be eligible for more financial aid than you’d expect.
- If you are an undergraduate student, you may be eligible for grants as determined by filing the FAFSA, which do not have to be paid back. However, not all undergraduate students will receive grants. We also offer several payment plan options to spread the cost over several months. Once you apply, your tuition planner will work with you to determine the best financial plan for you.
- There are several programs you could be eligible for, including the Federal Pell Grant, federal loans, and, if you are a Pennsylvania resident, the PA State Grant.
- There are several programs you could be eligible for. The Federal Pell Grant and federal loan programs provide assistance to eligible students attending school part time. If you are a Pennsylvania resident, you may be eligible for a PA State Grant.
- Yes. For information on how to apply to Alvernia as a transfer student, visit our Transfer Credits page.
- No. Alvernia bills students one semester at a time and you are welcome to use our installment payment plan. Visit our Payment Plan page for information.
- After receiving your financial aid package, you should read it and respond by the stated deadline. Feel free to call us with any questions at 610-796-8356.
- Our Title IV code is 003233.
- You can apply for financial aid after filing calendar year taxes or anytime after Jan. 1 and before June 30 of the next calendar year.
- If your financial circumstances change, call the Financial Aid Office at (610) 796-8356. They will let you know what procedures to follow so we can help you obtain additional financial aid.
- Maybe. If Alvernia requests your tax return, we will require a federal tax return transcript. We may be able to accept a signed copy of the Federal 1040EZ, A or 1040 you filed if you are unable to request the federal tax return transcript from the IRS. You will request this document directly from the IRS or by calling 1-800-908-9946 and provide a copy to the Office of Student Financial Planning. Please review your requested documents on your myAlvernia account and respond as quickly as possible.
Apply for Financial Aid
Remember to use Alvernia’s Title IV code: 003233