Temple University Financial Aid

About Temple University

Located just outside the center of Philadelphia, Temple University is a public research university with a wide variety of academic offerings. Since its inauspicious beginnings in 1884 as a night school located in the basement of a Baptist Church where the university’s eventual founder was the minister, Temple has grown into one of the largest universities in the country (26th largest, if you’re into accuracy), and offers a slew of programs that make it one of the nation’s largest and premier schools for professional education.

Budgeting and Temple University Financial Aid

On top of the usual budget suspects, meaning things like housing costs, meal plans, books, costs associated with traveling, as well as pizzas, beer, and other such good things, there are a few other things to keep in mind when you’re making your budget for a year at Temple University. Sports, mainly football and basketball, are really popular, so save for student tickets: packages are $70, which covers all football and men’s basketball home games. Put some cash aside for tailgating parties, and set a little more aside just in case any clubs or organizations you happen to join have dues or fees.

About Temple University Financial Aid

The Temple University financial aid program is good and strong: in 2010-2011, 86% of the student body received financial aid, with an average award of roughly $15,800. Temple University Financial Aid decisions are made at the time of admission, and students re-apply every year. When re-applying or appealing an aid package, Temple University considers change in a family’s financial status, as well as changing costs associated with attending Temple University.

Applying for Temple University Financial Aid

In order to apply for Temple University financial aid, you need to do just a few simple things. First, before you apply, you should have a conversation with one of the aid counselors at Temple about their ‘free money’ awards (scholarships & grants) to see if you might be eligible for one. It’d be good to ask about whether or not you’ll need to borrow to help pay for Temple University. Once that’s all taken care of and you find yourself equipped with some good knowledge of the financial aid process, go ahead and file the Free Application for Federal Student Aid (FAFSA). The data you provide on your FAFSA allows the Temple University financial aid office to construct an aid package for your financial profile. After submitting the FAFSA, you’ll receive a financial aid decision with your next tuition bill.

Temple University Financial Aid Packages

Grants, scholarships, work-study programs, and student loans are the four lynchpins of Temple University financial aid packages. For many students, these resources will be sufficient to cover college costs, but for some, additional money is a must to afford school. If no other sources present themselves, private student loans are a good option for students in this financial pinch. To make sure you borrow responsibly and in the manner that’s best for you, check out our student loan comparison tool right on this page. It’ll help you find the student loan that best fits your financial need.