Financial Aid and Tuition Planning
75% of students at Yo San receive some type of financial aid and use Financial Aid to pay their tuition and fee charges. For most students, the major source for funding is the Federal Direct Student Loan Program. The Financial Aid Coordinator will help you navigate the process and develop a plan for financing your career at Yo San University.
How to Apply for Financial Aid
Begin by completing the Application for Federal Student Aid (FAFSA) on line at http://www.fafsa.ed.gov. You will need our FAFSA school code, 030982.
Complete Entrance Counseling and Master Promissory Note. Both can be done at http://www.studentloans.gov. Get to know this site intimately. The information found here will be helpful throughout the loan process including repayment. You do not have to be admitted prior to applying for financial aid. However, an award letter will not be forwarded to you until you are admitted.
How Eligibility is Determined:
Each year the Financial Aid Office determines the cost of attendance for the financial aid award year (two trimesters). This includes tuition and fees as well as allowances for room and board. Student aid, including Federal Student Loans, Federal Work-study, scholarships and private loans, cannot exceed the cost of attendance.
In most cases, a check for the difference between your charges at Yo San University and the amount of Student Loan you borrow will be available for pick up on Tuesday of week three of the trimester. Checks that are not picked up within 21 days are returned to the Direct Loan program
Satisfactory Academic Progress:
To retain eligibility for Federal Student Aid, you must maintain at least a 2.0 GPA and progress toward the completion of your degree in a timely manner.
Detailed information concerning Satisfactory Progress requirements is available in the Yo San University Catalog and Student Handbook.