Paying for college can be a difficult and confusing process, yet it is one of the most important investments you can make. Here at Concordia University, the financial aid process is designed to help both those with academic merit as well as those with financial need. More than 95% of freshmen receive financial aid, with an average award from the university of $11,000. See what grants, scholarships and work study and loan options are available for you.
Please refer to the Merit Grid (PDF) for eligibility.
We use an annual Cost of Attendance (COA) budget to determine your financial aid eligibility. The COA budget includes expenses which are billed directly by CU (e.g. tuition as well as room and board if you live on campus), and other expenses that are not billed by CU, but are directly related to attending school (e.g. books and supplies, transportation, personal expenses and off-campus living expenses).
|Full-Time Cost of Attendance Budget for Bachelor of Arts Program|
|Average Standard Fees and Course-Related Fees||$518|
|Average Room and Board||$8,030|
|Average Books and Supplies||$900|
How We Determine Need
We subtract the Expected Family Contribution (EFC) from the Cost of Attendance budget created for you. The difference between the two is the financial need of the student. That need calculation helps us determine what types of aid you qualify for and in some cases amounts. Even students who have no need will generally qualify for gift aid and loans. We encourage everyone to complete the FAFSA so they can at least get the best financial aid package we can put together for them.
Satisfactory Academic Progress
All students receiving financial assistance from the University, State Scholarship Programs, or Federal Student Aid Programs must maintain Satisfactory Academic Progress for Financial Aid. Quality and quantity of work is reviewed each semester. Undergraduate students will be expected to complete 67% of attempted hours each term with both a term and cumulative GPA of 2.0 or better. In addition, a minimum cumulative GPA of 2.0 must be earned by the time they have earned the equivalent of 60 semester credit hours. Students in baccalaureate programs must complete their program within 186 attempted credits, and students in associates programs must complete their credits within 93 attempted credits. Earned credits include those courses graded as "A", "B", "C", "D", or "P". Courses graded as "F", "NP", "I", or "W" do not count as credits earned, but they do count as courses attempted for financial aid Satisfactory Academic Progress purposes. If you fall below this scale or have an insufficient number of credits earned at the end of each term, you will be placed on Financial Aid Warning for the next term. During the Warning term, you must raise your GPA to the required level and/or remove the deficiency in credits earned or your aid will be revoked until the required GPA or credits earned is reached. Appeals for Financial Aid Revoke may be addressed to the Director of Financial Aid. Students who have been re-instated after being revoked are considered to be on Financial Aid Probation and must meet specific requirements to continue to receive aid. Students who have been academically suspended are automatically revoked from financial aid and if re-instated to the institution through appeal, may also need to appeal their financial aid status. Appeals received within the first 3 weeks of the term will be considered for that term. Any later appeals can be considered for subsequent terms.
For more information on financial aid, please contact our office. Our financial aid counselors are happy to help you navigate the process.