Cost is a major consideration when choosing a college. Though we are a private institution, Faulkner is committed to providing students an affordable, quality Christian education.
Potential Graduate Students
Financial Aid must be applied for annually.
Review how financial aid works before applying. Then proceed with the following steps to ensure a thorough process for financial aid application:
Step One
Complete the Free Application for Federal Student Aid (FAFSA), or apply using the new myStudentAid app for iOS and Android.
- Be sure to include Faulkner University’s school code, 001003, as one of your college choices in Step 6.
- Take advantage of the IRS Data Retrieval Tool on the FAFSA website, if applicable.
Step Two
Complete the Entrance Counseling
Step Three
Complete the Subsidized/Unsubsidized Master Promissory Note
Step Four
Complete the Student Loan Information Sheet
- As a graduate student, you can borrow a maximum of $20,500 per year in a Direct Unsubsidized Loan. The interest rate is set by the Federal government each year. There is an origination fee charged by the U.S. Department of Education on all Direct Unsubsidized Loans, which is deducted before View current interest rates and fees here.
Step Five
Complete the Financial Aid Award Notification
In addition to the Federal Direct education loans, there are Private education loans. These loans are available through lending institutions such as a bank, credit union, or a state agency. Private loans are not guaranteed by the federal government, and interest rates and repayment terms are set by the lending institution and will depend on your creditworthiness. Just as with the federal loans, private loans require that the school certify your cost of attendance and academic eligibility as an enrolling or continuing student. To borrow private loan funds, apply directly with the lender of your choice. See more information on private loans here.
Contact Us
Phone:
800-879-9816 x7195
334-386-7195
Email:
Mail:
Faulkner University
Financial Aid Office
5345 Atlanta Highway
Montgomery, AL 36109