Financial Aid
Many resources are available to help meet the challenge of paying for college. Financial assistance is available from governmental, institutional, and many third-party sources. Our commitment is to assist students in obtaining all the aid for which they are eligible, while funds are available. Aid may be awarded based on academic merit, financial need, and/or campus involvement.
Rochester University participates in a variety of financial aid programs for the benefit of students. Students must meet the eligibility requirements of these programs in order to participate. Rochester University administers its financial aid programs in accordance with prevailing federal and state laws and its own institutional policies. Students are responsible for providing all requested documentation in a timely manner. Failure to do so could jeopardize the student’s financial aid eligibility. In order to remain eligible for financial aid, a student must maintain Satisfactory Academic Progress as defined in this catalog. More information about outside aid sources can be accessed from www.finaid.org.
Rochester University recommends that students apply for financial aid as early as possible in order to allow sufficient time for application processing. Financial aid must be approved and accepted and all necessary documentation completed before the financial aid awards can be applied towards tuition and fees. Financial aid is awarded on an academic year basis; therefore, it is necessary to re-apply for financial aid each academic year (http://studentaid.gov/). Students who need additional information and guidance should contact Student Financial Services (sfs@RochesterU.edu).
Institutional aid may be adjusted according to the amount of federal or state aid a student receives. Failure to comply with minimum grade requirements or Rochester University regulations may result in a loss of institutional awards.
Student Financial Services provides detailed descriptions of programs, qualifications, and minimum renewal requirements for institutional and governmental aid. Student Financial Services also designs financial aid packages which combine scholarships, grants, loans, and part-time employment to meet students’ financial needs. Some institutional aid may not be available to students who live off-campus. Exceptions may be considered when the residence halls are at full capacity.