2006–2007 Academic Catalog - Concordia University Ann Arbor

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FINANCIAL ASSISTANCE
Concordia Application for Financial Assistance in by March 1st. Returning students need
only submit the FAFSA, unless instructed otherwise by the Financial Aid Office.
The amount of financial aid awarded is based mainly on the applicant’s financial need. As a
general rule, the primary financial responsibility lies with the student and his or her parents.
On the basis of this financial information, the University is able to determine the difference
between educational costs and the amount a student and his or her parents can reasonably
be expected to provide. This difference is defined as need.
How to Apply for Aid
New students must complete Concordia’s Application for Financial Assistance (available for
download from the Concordia Financial Aid website at www.cuaa.edu) and the Free
Application for Federal Student Aid (FAFSA), also available on the Web at
www.fafsa.ed.gov to apply for scholarships, grants, loans or work study at Concordia.
Signed copies of the student’s and parents’ federal tax returns and W-2s are required of all
new applicants. Other verifying information may also be required. For renewal of aid, the
FAFSA must be completed each year as soon as possible, after January 1st.
After the above information has been received at Concordia, students will be advised of the
financial assistance for which they are eligible.
This includes employment, loans, grants and scholarships administered by Concordia.
Applications received by May 1st will receive full consideration for all assistance, but applicants
are encouraged to apply before this date, as some types of federal aid are limited and
are awarded on a first-come, first-awarded basis. Applications received after May 1st will be
subject to the limitations of available institutional resources. As a general rule, one half of
the grants, scholarships, and loans are applied toward each semester’s charges. Eligible males
of at least 18 years of age must be registered with selective service to receive Federal funds.
If you have any questions or need any forms, contact the Office of Financial Aid,
Concordia University, 4090 Geddes Road, Ann Arbor, MI 48105 — Ph. (734) 995-7408.
Scholarships and Grants-In-Aid
Some of the scholarship money the University administers is assigned to students of outstanding
academic achievement, as well as those displaying special music, dramatic, artistic
or athletic abilities. Students must be enrolled full-time to receive Concordia scholarships.
It is expected that students receiving Concordia grants and scholarships will live on campus.
Students should consult with the Financial Aid Office to determine changes to grants and
scholarships that may occur if they live off campus.
Many local congregations, organizations and individuals offer some financial assistance to
students. These students should also apply to their synodical districts.
All students are encouraged to apply for additional outside scholarships. Many such scholarships
are listed on the internet at www.finaid.org.
Michigan Competitive Scholarship/Tuition
Grant Program
The Michigan Higher Education Assistance Authority provides scholarships and grants to
eligible students who are Michigan residents attending a college or university in Michigan.
The Michigan Tuition Grant Program provides grants to eligible students at private colleges.
No qualifying test is necessary. Tuition grants are awarded to students who are able to
demonstrate financial need and are attending or planning to attend Concordia.