Financial aid

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Can you get financial aid for online classes?

Most U.S. citizens or eligible noncitizens can receive financial aid if they demonstrate financial need and are enrolled in an online degree or certificate program. Other eligibility criteria for U.S. citizens include having a high school diploma, or GED, and a valid social security number.

In-person or online students should fill out the Free Application for Federal Student Aid (FAFSA) to determine their eligibility based on their unique circumstances. Learn more about how both U.S. citizens and noncitizens can receive financial aid at Arizona State University and other institutions in the U.S. Department of Education’s Office of Federal Student Aid website.

A top 10 best buy in the U.S.

– the Fiske Guide to Colleges, 2021


80%
of students receive some sort of financial aid
90%
of ASU graduates
are employed within 6 months of graduation

What is financial aid?

Financial aid is money or funding that can help you cover school-related expenses such as tuition, room and board, transportation and other related fees. Different types of aid include scholarships, grants, loans and work-study programs. Filling out the FAFSA is the first step to being considered for and receiving financial aid for online colleges.

Do you have to pay back financial aid?

How to apply for financial aid

To apply for financial aid:

  1. Apply for admission to ASU. We look forward to receiving and reviewing your ASU application.

  2. Create FSA ID. Whether you’re a student or parent, you’ll need your own account to complete federal student aid tasks.
  3. Fill out the FAFSA. You’ll need your driver’s license, bank statements, parent information and more. ASU’s Federal School Code is 001081.
  4. Review your Student Aid Report (SAR) and make any needed corrections. This will be emailed to you within 3-4 days after your FAFSA has been processed.
  5. Look out for any verification documents requested by Financial Aid and Scholarship Services in My ASU.
  6. Financial Aid and Scholarship Services will send you your Financial Aid Notification (FAN) letter. Review and accept or decline your offer through the finances tab in My ASU.

What kind of financial aid can online students receive?

After filling out the FAFSA, online students can receive several different types of financial aid for fall, spring and summer semesters. The different types of financial aid may include grants, scholarships and loans. It’s important to note, though, some scholarships, grants and work-study opportunities are not available for online students. Because ASU Online has multiple start dates, it’s important to pay attention to ASU Online financial aid deadlines.
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What is the FAFSA?

FAFSA, also known as the Free Application for Federal Student Aid, is an application that enables you to receive the financial assistance needed to complete your college degree.

The FAFSA opens every Oct. 1. Be sure to apply early in order to ensure timely processing. Besides student loans, the FAFSA can also qualify you for scholarships and grants. It doesn’t cost anything to fill out a FAFSA and usually takes less than an hour to complete.

When completing a FAFSA, you’ll need access to your prior-prior year tax information: your two-year-old income information. This means you don’t have to wait until you file this year’s taxes to complete your FAFSA. You can also use the Internal Revenue Service’s Data Retrieval Tool to pull this information into your FAFSA, which makes the process a lot easier to complete. Plus, this allows you to fill out the FAFSA form earlier than before so you can receive your financial aid package sooner.

Search for scholarship opportunities

What’s the difference between being a dependent and an independent student?

What do you need to file a FAFSA?

To file a FAFSA, you’ll need:

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An FSA ID, which you’ll create at fsaid.ed.gov.
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Social Security number.
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Driver’s license.
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Bank statements.
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Parent information (if you’re a dependent – check your status here).
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W-2 forms and tax returns from two years ago. You may use an estimated income; however, ASU may require you to verify your income.
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ASU’s Federal School Code: 001081.

How to file your FAFSA

To file your FAFSA for ASU Online financial aid, you’ll need to login using your FSA ID, which you’ll create at fsaid.ed.gov. Use this ID to log in and select the application year you want to fill out. Then, begin filling out the FAFSA. Make sure to add ASU as a school selection and sign your FAFSA using your FSA ID.
Tips to avoid common mistakes when applying for FAFSA

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March 25, 2021 · 3 min. read

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Nondegree seeking students are not eligible for financial aid.

ASU Online financial aid hours and contact information

The ASU Financial Aid Office has a robust team of experts available 24/7 to help students attend college with peace of mind, so they can focus on earning their degree.
Call

Call

Speak with a financial aid team member today.
Fax

Fax

Fax your documents to Financial Aid and Scholarship Services at ASU.
Visit

Visit

Visit one of our four campus locations to speak with a financial aid team member in person.
Live chat

Live chat

Students already admitted to ASU can open a chat to speak with one of our financial aid team members.

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To learn more about ASU Online or a specific program, fill out the form below and check your email for information on next steps.

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