Financing Options These programs are
approved for both online and on-campus students of FAU.
Corporate Partnership Program.
This
program covers all the student's direct expenses, such as tuition,
fees, and books. Pre-approval takes only 5 minutes on the
telephone. Requires employer participation:
You complete the program in 2 years with a SallieMae loan. After
graduation, your employer pays all or part of your loan over 3 years,
as long as you keep working for the same employer. Your employer gets
to keep you for 5 years, and you get the degree! But if you do change
jobs, you may negotiate your new employer into picking up the
payments.
90% pre-approval rate, in only 5 minutes.
Private
Student
Loans. Pre-approval takes
only 5 minutes, and can be done over the telephone. No payment until
after graduation. Same as the Corporate Partnership Program but
without employer participation.
Federally Subsidized Student
Loans. Loans are readily available regardless of financial
need, with a VERY EASY ONLINE APPLICATION
PROCESS. You can receive up to $18,500 per year, $8,500 of
which may be interest free or interest subsidized. If
you are even thinking about any type of loan or financial aid, it is
highly recommended that you immediately complete the online
Federal FASFA form. The
application is immediate and 100% online. This form takes 4-6 weeks to
process, and is all that is needed to make the funds available to you.
The federal government will notify FAU when you are approved. Then,
later, FAU will notify the Federal Government that you are registered,
triggering the disbursement of the funds. (Note: be sure to complete
the form for 2002-2003, which will be available after 1/1/02 on theFASFA
web site.)
