Keiser University has been approved as an eligible institution by the United States Department of Education to participate in Federal Financial Aid Programs. Please note students must be citizens or permanent residents of the United States in order to be eligible for Federal funding.
Keiser University has the following institutional and Federal Aid programs available to students who qualify:
The main criterion for receiving grants is substantial financial need. Grants do not have to be repaid unless a student becomes ineligible. Students must maintain satisfactory academic progress as defined in the Keiser University Satisfactory Academic Progress Policy.
Federal Pell Grant – is a federal grant awarded to students on the basis of financial need and does not have to be repaid. These grants are considered the foundation of federal financial aid, to which aid from other federal and non-federal sources might be added. Pell Grants are only awarded to undergraduate students who have not yet earned a bachelor’s or a professional degree. In order to apply for a Pell Grant, students must complete a Free Application for Federal Student Aid (FAFSA). The U.S. Department of Education uses a standard formula to evaluate the financial information provided on this application to determine a student’s eligibility for a Pell Grant. Award amounts vary based on a student’s financial need, an institution’s cost of attendance and enrollment status.
Federal Supplemental Educational Opportunity Grant (FSEOG) – is a federal grant awarded to undergraduate students with exceptional financial need and does not have to be repaid. Funds are limited and Federal Pell Grant recipients receive priority. Students do not need to apply for this grant.
Florida Student Assistance Grant (FSAG) – is a need based grant funded by the State of Florida available to full-time students who meet Florida residency requirements and enrolled in an associate or Bachelor`s Degree program. To be considered for this grant, the applicant must complete a Free Application for Federal Student Aid (FAFSA) in time to be processed error free by the deadline specified by the University for each of the Fall terms.
William L. Boyd, IV, Florida Resident Access Grant (FRAG) – is a grant which provides tuition assistance to Florida undergraduate students attending an eligible private non-profit Florida college or university. To be considered for this grant, the applicant must meet Florida’s residency requirements for receipt of state student financial aid and must enroll for a minimum of 12 credit hours per semester along with other eligibility requirements.
Keiser University participates in the federal student loan program which allows students and their parents to borrow money to help meet their educational costs. Educational loans MUST BE PAID BACK with interest. These loans have low interest rates and offer flexible repayment terms, benefits, and options.
The William D. Ford Federal Direct Loan Program – Keiser University was selected by the United States Department of Education to participate in the Federal Direct Student Loan Program as one of its initial 104 institutions. Direct Loans are low-interest loans and the lender/servicer is the U.S. Department of Education (the Department).
Subsidized Direct Loan – are loans for undergraduate students with financial need. Repayment begins 6 months after a student graduates or is no longer enrolled at least half time. The interest rate on Federal Direct Subsidized loans borrowed by undergraduate students between July 1, 2013 and June 30, 2014 is 3.86%. If a student qualifies, the maximum amount of a Subsidized Stafford Loan is $3,500 for first-year students, $4,500 for second-year students and $5,500 for third-year and fourth-year students.
Unsubsidized Direct Loans – are loans for both undergraduate and graduate students that are not based on financial need. Interest is charged during in-school, deferment, and grace periods. The interest rate on Federal Direct Unsubsidized loans borrowed by undergraduate students between July 1, 2013 and June 30, 2014 is 3.86% and the interest rate for graduate/professional students is 5.41%. You are charged interest on this loan from the time the loan is disbursed until it is paid in full. If the interest is allowed to accumulate, the interest will be added to the principal amount of the loan and increase the amount to be repaid. If a student qualifies, the maximum amount of an Unsubsidized Stafford Loan is $6,000 for firstand second year students, $7,000 for third and fourth year students, $20,500 for graduate students. Award amounts are dependent upon a student’s dependency status on the Free Application for Federal Student Aid.
Federal Direct PLUS Loan – are low interest loans available to parents of dependent undergraduate students and graduate and professional students. It is an affordable, low-interest loan designed to help students and parents pay for a college education. The Direct Plus Loan is an unsubsidized loan, meaning that interest accrues while the student is enrolled at least half-time and during deferment periods. A mandatory credit check is completed as eligibility for this loan depends upon the borrower’s credit worthiness. Repayment of principal and interest begins 60 days after the loan is disbursed. The interest rate on Federal Direct PLUS loans borrowed between 2013 and June 30, 2014 is 7.9%.
Federal Perkins Loan – are low interest loans for both undergraduate and graduate students with financial need. Repayment begins 9 months after a student graduates or is no longer enrolled at least half time. The interest rate on a Federal Perkins Loan is 5%. Award amounts vary depending upon the availability of funds at the institution.
Federal Work Study (FWS) – The Federal Work Study program gives part-time employment to undergraduate students who need income to help meet the costs of postsecondary education. When available, Keiser University provides part-time jobs for financially needy students through the FWS program. Generally, students work 15-20 hours per week. Part of this program is community service.
Keiser University Scholarship Programs – Keiser University offers a variety of scholarships ranging from academic to financial for students who meet the criteria set by the University. Recipients must be enrolled in an associate, bachelor, or master’s program.
Private Scholarships – Outside scholarships are awarded to students who meet the specific criteria of the scholarship benefactors. Scholarship committees usually choose scholarship recipients who have high grade point averages, large financial need and/or superior academic quantities.
The Financial Aid department can provide a listing of web sites for additional scholarships. Applicants can contact agencies located in their community for more information.
Additional information on financial aid programs offered at Keiser University is available by contacting the Financial Aid department at the campus a student plans to attend.
Keiser University maintains a full-time Director of Financial Aid at each campus to help meet your needs. You’re encouraged to make an appointment with the Financial Aid department to ensure that you obtain the funding needed for your educational investment. Financial Aid is available to those who qualify.
Financial aid is disbursed (released) to students in different ways depending on the type of aid and other factors. For more information about method and frequency of disbursements, contact the Financial Aid department.
To contact the Director of Financial Aid at each campus please call:
The Design program at Keiser University was filled with real world learning and hands on instruction… Based on the portfolio I created while a student at Keiser University, I landed a job in Graphic Design for a major online retailer immediately after graduation.
The year and a half I spent in the program better prepared me for attaining a job in the field…As a hands-on learner, the project-centered teaching was perfect for me.
Keiser University has given me the opportunity to embrace a career change… It has opened the door for a timely graduation and quick return to the work force…
Without the education I received at Keiser University, I would not be where I am today!
I not only received an excellent education but also encouragement and training that built my self-confidence every day.
I realize the amount of knowledge I gained and feel that the educational experiences have developed me in to a person who can move higher up the career ladder.
Keiser University’s MBA program has renewed my mind, changed the way I think, and given me a new sense of purpose. The professors transformed my attitude and behavior, gave me the self-confidence I was lacking, and restored my energy.
It has been great attending and graduating from Keiser University. Because of the small class sizes, I was able to build good relationships with classmates and professors. The PA professors care very much about the progress and success of the students and have been great advisors every step of the way through the program.
Attending Keiser University and getting my degree was the best decision I have ever made. The small class sizes and personalized attention helped me get my degree quickly. The hands-on experience and the education landed me a job at a neighboring law firm.
I chose Keiser because it had everything—small classes, caring professors, hands-on learning, and counselors that are really there for you. I feel like I’m part of a family here, not just a number.
After being denied for several promotions at my current employer, I decided that I needed to further my education. Since graduating from Keiser with my bachelor’s degree in Business Administration, I have been promoted and I am able to obtain positions that weren’t available to me before.
Keiser helped change my life by getting my education at the right school! I have been going to another school before, dropped out because I felt that I was not getting enough information that I need. When I found out about Keiser, I was pleased because the instructors were great.
My decision to attend Keiser University has been one of the best decisions I’ve made. I chose to enroll in the Information Technology program… The one-class-a-month pace helped incredibly with my self-discipline.
The BA for Business Administration at Keiser has to be one of the best in the nation. Keiser takes the basics that are taught at the Associates level and uses them to strengthen your skills and knowledge.
I found that Keiser University’s Nuclear Medicine program of advanced studies and small class size was a perfect fit. I never came across a faculty member who wasn’t truly interested.