Student Loans for Embry Riddle Students
About Embry Riddle
Embry Riddle is an esteemed university that focuses on aviation and aerospace engineering. It is a private institution that teaches the science and business of aviation and aerospace to students, helping them establish a successful career in flight. Indeed, Embry Riddle has one of the largest Aerospace Engineering programs in the country. You can enroll in either undergraduate or graduate programs at Embry Riddle in order to ensure that you’re on your way to a bright future.
The university participates in a number of federal, state and institutional financial aid programs, making aid available to all students regardless of their financial standing. The variety of Embry Riddle financial aid programs allows almost all students to find a suitable option so that they may pursue their career goals. To apply for financial aid at Embry Riddle you need to file the Free Application for Federal Student Aid (FAFSA). This form can be completed online by visiting fafsa.ed.gov. The information that you provide helps to determine the type of Embry Riddle financial aid you’re eligible for.
Federal award programs offered at Embry Riddle include grants, work-study and student loans, such as Federal Stafford and Federal Perkins loans. Embry Riddle financial aid packages could also include state aid for students from Florida who attend the Daytona Beach campus. The institutional aid offered by Embry Riddle includes a variety of options: Renewable Scholarships and Grants, Student Employment and Athletic Awards. Note, however, that all Embry Riddle financial aid packages have different eligibility requirements.
Private Student Loans
Applying for private student loans might be beneficial, as Embry Riddle Aeronautical University financial aid does not necessarily cover the complete cost of education. Despite a higher interest rate, private student loans might be a good choice, as they have other positive aspects such as their simple eligibility requirements and quick approval. To know which private student loan might be best (and cheapest!) for you, use our Student Loan Comparison Tool. It will help you make a wise decision.
Embry Riddle Financial Aid loan programs are one of the most recommended sources of funding. Or, students may apply for federal loans by simply applying via the FAFSA application at fafsa.ed.gov. It is important to remember that these loans are mostly need-based; therefore, you must demonstrate financial need. The different types of loans you may be eligible for include Stafford loans, Perkins loan, and PLUS loans.
What information should students supply before applying for Embry Riddle Aeronautical University financial aid?
Students must be extensively prepared when applying for Embry Riddle Aeronautical University financial aid. It is important for students to have up to date and accurate information. Requirements include the student’s SSN (Social Security Number), driver’s license, W-2 forms, tax return form, and bank statement. In addition to these documents, students are also required to use the Embry-Riddle federal school code when filling out the FAFSA application.
Pay for Embry Riddle Aeronautical University*
|Total Avg. Cost||$43,924|
|Room & Board||$8,790|
|Financial Aid Information|
|Students Receiving Fin Aid||93%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$11,964|
|%Receiving Other Loans||16%|
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics