Financial Aid
To apply for financial aid, complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is available annually beginning October 1. To explore and understand available financing options, we recommend that you file the FAFSA no later than February 15, prior to the start of the academic year. It is not necessary to be accepted for admission prior to submitting a FAFSA.
Loans
Federal Student Loan Programs
Federal student loan programs offer:
- Fixed interest rates, set annually by the federal government
- Income-driven repayment plans
- Loan forgiveness plans
Private Loans
Alternative loans are available through private lenders. Eligibility is generally based on a borrower’s employment history, credit score, debt-to-income ratio, and enrollment status. Students are encouraged to explore federal student loan options before applying for alternative student loans.
Learn more about federal student loans for graduate and professional programs.
Federal Work Study
Federal work study funds part-time jobs for students with financial need, as determined by the FAFSA. Earnings are paid directly to the student for hours worked. To qualify, students must submit the FAFSA by March 1 (prior to the start of the academic year) and indicate on the FAFSA that they want to be considered for federal work study.
International Students
Pacific University is a private institution, so all students pay the same tuition rate. In general, international students are not eligible for the Free Application for Federal Student Aid (FAFSA) unless they meet the criteria posted on the U.S. Department of Education’s Web site at fafsa.gov. In order to receive permission to enter the United States as an international student, you will need to show proof that you have enough money to pay for at least the first year cost of attendance and to support yourself and any family members that accompany you. Proof of funds can be obtained with a letter from your local bank stating your account balance or line of credit. If you accept your offer of admission, the Office of International Programs will contact you in the spring with the amount that you will have to show to receive your I-20.