Federal Financial Aid Overview


Stratford University participates in various Federal student financial assistance programs. The financial aid programs are designed to provide assistance to students who are currently enrolled or accepted for enrollment, but whose financial resources are inadequate to meet the full cost of their education.

The majority of financial aid available to students is provided by the Federal Government and is referred to as federal student financial aid (SFA). This includes the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work-Study (FWS) and Direct Subsidized and Unsubsidized Loans. The University also utilizes alternative source funding provided by the institution or private agencies. Alternative source Private loans enable the student to contribute to his/her education while in University (credit restrictions may apply).

Financial Need

All financial aid is awarded on the basis of need, regardless of sex, age, race, color, religion, creed or national origin. Need is defined as the difference between the cost of education for one academic year and the amount a student's family can be reasonably expected to contribute to this cost of education for the same period.

Federal Financial Aid Eligibility

To be eligible for Federal financial aid, a student must:

  • Be enrolled as a regular student in an eligible program of study on at least a half-time basis for Federal student loans and be enrolled in at least one class for Federal Pell grants;
  • Have a U.S. high school diploma or the equivalent;
  • Be a U.S. citizen or national, or an eligible non-citizen. Verification of eligible non-citizen status may be required;
  • Have financial need (except for some loan programs) as determined by a need analysis system approved by the U.S. Department of Education;
  • Maintain satisfactory academic progress;
  • Provide required documentation for the verification process and determination of dependency status;
  • Have a valid Social Security Number;
  • Not have borrowed in excess of the annual aggregate loan limits for the Title IV financial aid programs;
  • Not have any Federal student loans in a defaulted status;
  • Be registered for the Selective Service, if required;
  • Comply with any requests for additional documentation requested by the Student Accounts Office.