Financial Aid
Financing Your Education at Broadview University
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Financial Aid
There are many ways to fund your education, but common methods that students use are listed below. Broadview’s financial aid staff will help you discover what kinds of aid are available and help to identify if you qualify for financial aid options.
Federal Aid
There are two ways that you can use federal assistance to attend Broadview University. For those who qualify, submit the FAFSA within two weeks of applying for admission to Broadview.
Federal Grants
Federal grants are funded by the federal government; however, unlike loans, these do not have to be repaid. Grant availability is based on financial need and is awarded to qualified students.
For those who qualify, you must complete the Free Application for Federal Student Aid (FAFSA).
Federal Loans
These are loans funded by the federal government. After graduation, you are required to pay back the money you’ve borrowed.
FAFSA FAQ
What is the FAFSA?
A. FAFSA stands for Free Application for Federal Student Aid. It is a form that can be prepared annually by current and prospective students in order to determine eligibility for federal aid. CLICK HERE to complete the FAFSA form.
Do I have to fill out the FAFSA?
A: If you want to receive financial aid, yes, you must complete a FAFSA form.
What is Broadview University’s FAFSA code?
A: Broadview’s FAFSA code is 011166.
What do I need to have on hand to complete the form?
A: To complete your form, you will need:
- Your Social Security Number
- Your Alien Registration Number (if you are not a U.S. citizen)
- Your federal income tax returns, W-2s, and other records of money earned (Note: You may be able to transfer your federal tax return information into your FAFSA using the IRS Data Retrieval Tool)
- Bank statements and records of investments (if applicable)
- Records of untaxed income (if applicable)
- An FSA ID to sign electronically. To create an account (FSA ID) CLICK HERE.
If you are a dependent student, you will also need most of the above information for your parent(s).
How can I get help completing the FAFSA or get answers to any questions I have?
A: Broadview’s financial aid advisors can help you receive all the aid you qualify for, including federal grants and loans. We’re happy to meet with you by phone or in person if you’d like personalized help in filling out the FAFSA or in putting together a comprehensive plan for seeking financial aid. Complete the information request form or call us at 385-501-4803.
You can also find information at www.fafsa.edu.gov.
Primary Sources of Financial aid and how to apply
| Program | Award Type | Application |
|---|---|---|
| Gift Aid | ||
| FEDERAL PELL GRANT PROGRAM | Grant based on financial need. The student receives notification of eligibility with receipt of Student Aid Report (SAR), which must list the appropriate school code for determination of amount based on cost and credits | Free Application for Federal Student Aid (FAFSA) form |
| FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT(SEOG) | Grant is based on financial need and is awarded by the institution. Notification is made approximately four weeks after start date. | Free Application for Federal Student Aid (FAFSA) form |
| Loans | ||
| FEDERAL DIRECT LOAN/SUBSIDIZED AND UNSUBSIDIZED* | Long-term, low interest loan (current rate is 3.73% with graduate student loans at 6.08%*). Payment deferred until six months after student leaves school or attends less than half-time. Need-based calculation for subsidized loan. For origination fee and interest rates visit https://studentaid.gov/understand-aid/types/loans/interest-rates. *Rates are effective July1, 2021. Check the website for current interest rates and loan origination fees. | Free Application for Federal Student Aid (FAFSA) form, Master Promissory Note, and Entrance Counseling |
| FEDERAL DIRECT PARENT LOAN FOR UNDERGRADUATE STUDENTS (PLUS)* | Long-term, low interest loan (current rate is 6.28%*) for parents of dependent undergraduates. For origination fee and interest rates visit https://studentaid.gov/understand-aid/types/loans/interest-rates. *Rates are effective July 1, 2021. Check the website for current interest rates and loan origination fees. | Free Application for Federal Student Aid (FAFSA) form and Federal PLUS Master Promissory Note processed through school and private lender |
| ALTERNATIVE LOAN PROGRAMS: SEE FINANCIAL AID OFFICE | Supplemental, variable interest rate loans are available. Deferment of principal and interest while in school at least half-time is available. The loan may be used for less than half-time attendance and does not require a co-signer if the borrower meets credit requirements. Alternative loans are privately funded. | Applications are completed with third party lender, certifications are completed by the school |
| STUDENT ACCESS (StA) PROGRAM Broadview University students may apply for a privately funded alternative student loan and scholarship program available to fulltime degree seeking undergraduate students with a demonstrated need for financial support. | StA is an alternative loan program with third-party servicing. The interest rate is 5%. StA loans require minimum monthly interest repayment of $20 per month capped at $110 per month while in school. Student must be enrolled and charged for 12 credits or more per quarter and student must have applied for and been denied a privately funded alternative student loan. The loan amount is calculated using maximum federal, private, and institutional financial aid eligibility, regardless of the amount received or borrowed. The student can borrow up to the direct cost of tuition and fees. The disbursement must be matched with equal outside funding on account. If loan payments are delinquent, future disbursements will be placed on hold until delinquency is resolved. Early withdrawal will result in loss of disbursement eligibility for that quarter. If you qualify for this loan, awarded funds will be applied directly to your student account as a credit. No check or other cash monies will be given or refunded to you at any time. | Applications processed through the school |
Additional Assistance
Professional Certification Scholarship
If you are required to take certification exams, for those who qualify, this scholarship can reimburses eligible students for required certification exam fees.
Military Scholarships
Military Active Duty/Retired Scholarship
Broadview University offers a scholarship designed to reward students for their military service to our country. Active duty and retired service members of the United States Army, Navy, Air Force, Space Force, Marines, Coast Guard and Drilling Reserve/National Guard are eligible for the scholarship. This scholarship cannot be used in conjunction with, or in addition to, any other Broadview University military scholarship. The scholarship is effective the date the application is completed and is not retroactive. Students will be responsible for costs including books, supplies and fees associated with the program or classes enrolled.
A 5% tuition discount is awarded for Muscle Activation Techniques students (Certificate and Non-Credit, Short-Term Modules) and a 25% tuition discount is awarded for all other programs.
Military Advantage Scholarship
Broadview University offers a military advantage scholarship for honorably discharged Veterans who are enrolled in a Muscle Activation Techniques® non-credit, short term module or registered in at least 6 credits in an undergraduate program or 3 credits in the Master’s program, and making satisfactory academic progress.
A 5% tuition discount is awarded for Muscle Activation Techniques students and a 10% tuition discount is awarded for all other programs.
Purple Heart Scholarship
For those who qualify, wounded service members and their families can qualify for this scholarship which covers the cost of remaining tuition and fees after all other benefits have been applied.
Eligible students include service members and veterans wounded in the Gulf Wars, Operation Desert Storm, Operation Enduring Freedom, and Operation Iraqi Freedom. In addition, the Purple Heart Scholarship is also available to the spouses, domestic partners, or dependents of service members killed in action.