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National Application Center :: campus tours :: Faulkner University costs & financial aid

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Faulkner University

Faulkner University
5345 Atlanta Highway
Montgomery, AL 36109

Official telephone: (334) 272-5820
Toll-free telephone: (800) 879-9816
Fax number: (334) 386-7137
Website: www.faulkner.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2014 academic year.

FINANCIAL AID OFFICE
Financial aid officer: William G. Jackson II,
Director of Financial Aid
Contacting the office: 334 386-7195
800 879-9816, extension 7195 (toll free)
334 386-7201 (fax)
faid@faulkner.edu
FAFSA number: 001003

EXPENSES
Undergraduate tuition: $17,500; $17,500 out-of-state
Additional required fees: $1,780
Book fees: $1,800
Miscellaneous expenses: $4,200
Other expenses: Transportation and personal expenses.
Combined room and board expenses: $7,130

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 15noAugust 1
Institution's own financial aid formMarch 15noAugust 1
State Aid FormMarch 15noAugust 1

Date award notification begins: May 1
Applied for financial aid:
91% of first-year students
98% of full-time undergraduates
96% of part-time undergraduates
Determined to have financial need:
95% of first-year students
39% of full-time undergraduates
98% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
96% of full-time undergraduates
97% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
100% of first-year students
99% of full-time undergraduates
92% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
84% of first-year students
57% of full-time undergraduates
92% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
7% of first-year students
7% of full-time undergraduates
0% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
8% of first-year students
7% of full-time undergraduates
2% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
61% for first-year students
52% for full-time undergraduates
41% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$14,253 for first-year students
$12,695 for full-time undergraduates
$6,582 for part-time undergraduates
Average need-based gift award:
$11,419 for first-year students
$10,936 for full-time undergraduates
$3,616 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,362 for first-year students
$3,188 for full-time undergraduates
$3,549 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,002 for first-year students
$2,655 for full-time undergraduates
$3,545 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
6% of first-year students
7% of full-time undergraduates
1% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$5,339 for first-year students
$6,243 for full-time undergraduates
$2,068 for part-time undergraduates
Students who received a non-need-based athletic award:
10% of first-year students
9% of full-time undergraduates
1% of part-time undergraduates
Average non-need-based athletic award:
$5,454 for first-year students
$7,400 for full-time undergraduates
$4,566 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 17%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
Parent loans packaged to meet need: no
Types of payment plans:
  • school's own payment plan(s)
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • special characteristics
  • athletic scholarships
First-year scholarship/grant award range: $1 (full tuition)
Undergraduate scholarship/grant award range: $1 (full tuition)
Percent of scholarship aid awarded to out-of-state students: 54%

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