The following is a list of Financial Aid options which are available to students enrolled in Concordia University Wisconsin’s Adult Education Program. The Free Application for Federal Student Aid must be filed each academic year.

1. PELL GRANT - This is a federal grant to assist undergraduate students. The Pell Grant Program awards on the basis of financial need. The grant ranges from $200 to $4,310 per year (not repayable). Wisconsin residents may
   be eligible for a Wisconsin Tuition Grant of $250 to $2,900, based on need. Submit a Free Application for Federal Student Aid.
2. FEDERAL DIRECT SUBSIDIZED LOAN - This loan program now offers funds for educational expenses
   of up to $5,500 per year depending on financial need and grade level. One may borrow up to $23,000 as an undergraduate student. It requires no repayment while you are at least a half-time student at Concordia and it accrues no interest during this time. The loan’s repayment period ranges from 10 - 30 years depending on the repayment plan chosen and begins after completion or termination of education. The interest rate will be a fixed rate at 6.8%. It charges a 1% Origination and Guarantee Fee which is deducted from the disbursement. To apply, submit a Free Application for Federal Student Aid.
3. FEDERAL DIRECT UNSUBSIDIZED LOAN - The Direct Unsubsidized Loan is an additional loan for self-supporting students. It offers loans for educational expenses of up to $5,000 per year depending on eligibility and grade level. Borrowers do not have to show need. The interest rate will be fixed at 6.8%. Interest begins as soon as the loan is disbursed. However, payments may be deferred while the student is attending at least half-time. Students may utilize this loan only after they have borrowed their full eligibility from the subsidized Direct loan program for the year. A 1% fee will be deducted from the proceeds. To apply, submit a Free Application for Federal Student Aid.
4. VETERANS BENEFITS - Veteran students can check on their eligibility for benefits by calling the Veterans Affairs Office in St. Louis at 1-888-442-4551. Students attending campuses outside of Wisconsin should contact their Center Directors for more information. All other students may contact Barb Ellmaker, the Certifying Official at the Mequon Center, at 262-243-4350.
5. EMPLOYEE REIMBURSEMENT - Many employers offer tuition reimbursement for students advancing their education. Prospective students should contact the tuition reimbursement officer at their place of employment.

Eligibility for Financial Assistance

For financial aid purposes, a student is independent if any one of the following criteria is met:

1. Age 24 or older
2. Has completed a Bachelor’s Degree and is working on Master’s or Doctorate
3. Is married
4. Has dependents for whom he or she provides over 50% of their support
5. Is an orphan or ward of the court
6. Is a veteran

Independent students may qualify for the following amounts of student loans: