Financial AID & Scholarships
Financial Aid & Scholarships
At Keiser University Latin American Campus, our costs are competitive with other private American universities. More than 80% of our students receive financial aid! Our Financial Aid Office is committed to helping you understand how the process of financial assistance works and how to make your education affordable. The United States Department of Education has approved Keiser University as an eligible institution to participate in Federal Financial Aid Programs. Please note that students must be citizens or permanent residents of the United States to qualify for Federal funding. Keiser University has a series of Institutional and Federal Aid programs available to eligible students. Keiser University maintains a full-time Director of Financial Aid at each campus to help meet your needs. You’re encouraged to make an appointment with the Financial Aid department to ensure that you obtain the funding needed for your educational investment. For more information about the method and frequency of disbursements, contact the Financial Aid department.
Types of Financial Aid
Federal Aid for U.S. Citizens and Residents
The Federal Pell Grant is a federal grant awarded to students on the basis of financial need and does not have to be repaid. These grants are considered the foundation of federal financial aid, to which aid from other federal and non-federal sources might be added. Pell Grants are only awarded to undergraduate students who have not yet earned a bachelor’s or a professional degree. In order to apply for a Pell Grant, students must complete a Free Application for Federal Student Aid (FAFSA). The U.S. Department of Education uses a standard formula to evaluate the financial information provided on this application to determine a student’s eligibility for a Pell Grant. The award amounts vary based on a student’s financial need, an institution’s cost of attendance and enrollment status.
Keiser University participates in the federal student loan program, which allows students and their parents to borrow money to help meet their educational costs. Educational loans MUST BE PAID BACK with interest. These loans have low-interest rates and offer flexible repayment terms, benefits, and options.
Subsidized Direct Loans are loans for undergraduate students with financial needs. Repayment begins six months after a student graduates or is no longer enrolled at least half-time. If a student qualifies, the maximum amount of a Subsidized Stafford Loan is $3,500 for first-year students, $4,500 for second-year students, and $5,500 for third-year and fourth-year students.
Unsubsidized Direct Loans are loans for undergraduate and graduate students not based on financial need. Interest is charged during in-school, deferment, and grace periods. You are charged interest on this loan once it is disbursed until it is paid in full. If the interest is allowed to accumulate, the interest will be added to the principal amount of the loan and increase the amount to be repaid. If a student qualifies, the maximum amount of an Unsubsidized Stafford Loan is $6,000 for first and second-year students, $7,000 for third and fourth-year students, and $20,500 for graduate students. Award amounts depend on a student’s dependency status on the Free Application for Federal Student Aid.
Federal Direct PLUS Loans are low-interest loans available to parents of dependent undergraduate, graduate, and professional students. It is an affordable, low-interest loan designed to help students and parents pay for a college education. The Direct Plus Loan is an unsubsidized loan, meaning that interest accrues while the student is enrolled at least half-time and during deferment periods. A mandatory credit check is completed as eligibility for this loan depends upon the borrower’s creditworthiness.
Repayment of principal and interest begins 60 days after the loan is disbursed.
Contact the Financial Aid department for more information about alternative loans/fund sources.
For more information about Florida Prepaid College, contact the Financial Aid department.
Institutional Aid Scholarships are available for non-US citizens/Residents who qualify. For more information about Institutional Scholarships, contact the Financial Aid office.
These are granted based on the individual evaluation of merit and need of each applicant, considering the family’s financial situation, academic achievements, community service, artistic abilities, or school leadership.
Granted to highly skilled athletes in Soccer, Table Tennis, Tennis, Volleyball, Basketball, and Tae Kwon Do, who demonstrate financial need and an athletic CV with supporting documentation as evidence of good performance: videos, medals, and certificates.
This is available for students committed to the community through community service programs and social outreach, demonstrating financial need. The scholarship will be opened to students from any high school. All applicants must submit letters of recommendation from their high school principal or director. Scholarship recipients will be chosen based on the Faith in Action Scholarship Committee‘s assessment of the student’s potential to enhance community service.
This is available for U.S. Citizens and residents with a minimum cumulative high school GPA (grade point average) of 3.2 or 86%.
Recipients are required to be enrolled full-time and maintain a minimum cumulative GPA of 3.2 or above.
*A student can only have one institutional scholarship at a time. These cannot be combined.
Requirements and Process
- Social Security Number
- U.S. passport or Residence Card
- US Income Tax or Income from outside the U.S.
- Social Security Number
- Parents’ Social Security Number
- U.S. passport or Residence Card
- Parents’ passport or Residence Card
- Parents’ U.S. Income Tax or Income from outside the U.S.
- Apply for an FSA ID at: https://studentaid.gov/fsa-id/sign-in/landing
- Complete the Free Application for Federal Student Aid (FAFSA): https://studentaid.gov/h/apply-for-aid/fafsa
- Complete your Master Promissory Note MPN (Only for those applicants requesting loans): https://studentaid.gov/mpn/
- Review your Financial Aid package with your Financial Aid Officer
- Submit any additional documentation requested by your Financial Aid Officer
- Complete an Entrance Counseling at https://mappingyourfuture.org/
- At https://studentaid.gov/fsa-id/sign-in/landing
- Federal School Code: 015159
- U.S. Department of Education Contact Information: 1-800-872-5327
- Information Center: 1-800-433-3243
- Enrollment application completed
- Scholarship application excel form completed.
- Official High School Diploma
- Transcripts of the last two years of studies
- ID or Birth Certificate
- The ID of parents or tutors
- Income statement
- Utility Bill
- Bank statement
- Enroll with an Admissions Counselor
- Please fill out the Scholarship application excel form and send it to one of our FA officers.
- Send the additional documents required.
- Once documents are complete, each case will be presented to the Scholarship Committee, and they will provide a resolution to the student.
- If the award is granted, the student must sign the Financial Aid Package provided: Award Letter, Cost Sheet, and Payment Plans.
- The first installment must be paid in a maximum of 7 days to reserve the scholarship amount in the system.
*Keiser University is not able to provide full scholarships. The student and parents will always have to pay the portion of tuition and fees that the financial aid funds do not cover.