| Financial
Aid
Barry University participates in the full array of federal and state
financial aid programs. In addition to these government-funded programs,
we offer a number of scholarships. Seventy-five percent of our student
body receives some form of financial aid. At Barry, we are committed
to doing all we can to help your finance your education.
APPLICATION INFORMATION
To determine your eligibility for financial aid, we suggest you
complete the following applications:
Barry University's Graduate and Professional Financial
Aid Application: This document will help us to determine your eligibility.
Please complete this form and forward it to the Office of Financial
Aid.
To determine your eligibility for financial aid,
we suggest you complete the following applications:
Barry University's Graduate and Professional Financial
Aid Application: This document will help us to determine your eligibility.
Please complete this form and forward it to the Office of Financial
Aid.
The Free Application for Federal Student Aid (FAFSA):
This form enables us to gather information for awarding you federal
and institutional aid. There is no charge for processing, and an
instruction booklet is included to help you complete the form. Be
sure to mail the FAFSA in the envelope provided and indicate our
Institution Code: 001466. (If your application is selected for verification
by the federal government, you will be required to submit copies
of your tax return or verification of other means of support.) It
is important that you file your applications as early as possible
to insure that your financial aid is processed in time for registration.
Remember, the financial aid staff is ready to provide further assistance
and answer any questions you may have. We may be reached at (305)
899-3673 or 1-800-695-2279.
FEDERAL STUDENT LOAN
PROGRAMS FOR GRADUATE AND PROFESSIONAL STUDENTS
Subsidized Stafford Student Loan Program (formerly G.S.L.)
Through this program students may borrow up to $8,500 per academic
year from a bank, a savings and loan association, or other lenders
who participate in the program. The loan will have a fixed interest rate of 6.8%. Repayment begins six months after the
student graduates or drops below half-time status. In order to qualify
for the program, students must demonstrate financial need; be enrolled
or accepted for enrollment on at least a half-time basis; and show
satisfactory academic progress. Students must be citizens or permanent
residents of the United States.
Unsubsidized Stafford
Student Loan Program
Under the Unsubsidized Stafford Student Loan Program, students do
not have to demonstrate financial need to borrow funds. Furthermore,
the interest is NOT subsidized by the federal government while the
student is in attendance. Consequently, the student will have to
make interest payments or allow the bank to capitalize the interest
accrued during the period of enrollment. Students may borrow up
to $18,500 minus any approved Subsidized Stafford amount. The loan will have a fixed interest rate of 6.8%.
ALTERNATIVE LOANS
Alternative Loans are available to assist students in the School
of Graduate Medical Sciences and other graduate students enrolled
in programs with high educationally related expenses. Creditworthy
students may borrow from $2,000 - $20,000 depending on their cost
of attendance. Students must demonstrate financial need, be enrolled
at least half time or better, and be making satisfactory progress.
Interest rates on these loans are variable, not to exceed the 91-day
treasury bill rates plus 3% at repayment. Interest accrued during
periods of enrollment may be capitalized upon the request of the
student. Please Note: You must apply for loans. Receipt of a financial
award letter indicating eligibility for a loan does not constitute
application. Further information and applications for loans are
available from the Office of Financial Aid. You can reach the Office
at (305) 899-3673 OR 1-800-695-2279.
STATE OF FLORIDA
FINANCIAL ASSISTANCE PROGRAMS FOR GRADUATE STUDENTS
The following state of Florida programs
are available to qualified graduate students:
Jose Marti Scholarship Challenge Grant Fund
Seminole/Miccosukee Indian Scholarships
Florida Teacher Scholarship and Forgivable Loan Program
Critical Teacher Shortage Student Loan Forgiveness Program
Exceptional Student Education Training Grant for Out-of-Field Teachers
Scholarships for Children of Deceased or Disabled Veterans
The financial assistance programs available through the state of
Florida are subject to change. Additional programs for graduate
students may also be available. The most current information regarding
state of Florida financial programs may be obtained by contacting
Barry's Office of Financial Aid at (305) 899-3673 or 1-800-695-2279.
GRANTS AND SCHOLARSHIPS
OFFERED THROUGH BARRY UNIVERSITY
Barry University offeres a variety of grants, scholarships, and
tuition discounts to qualified students. All full-time Florida teachers
receive at least a 30-percent tuition discount under the Professional
Recognition Scholarship Program. Proof of eligibility must be submitted.
Clergy members of religious communities (sisters, brothers, etc.)
receive a 30-percent discount for all graduate programs under the
Professional Recognition Scholarship Program. Various academic schools
at Barry University also provide grants and scholarships to eligible
students.
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