Financial Aid Options for Indian Students at Arizona State University

Understanding Financial Aid at Arizona State University

Financial aid at Arizona State University (ASU) is designed to help students cover college-related expenses. It can come from various sources, including federal, state, institutional, and private entities. ASU is committed to making higher education accessible to all students, including international students like those from India. 

As an international student, you’ll pay Arizona State University for tuition and other additional costs. These additional costs include housing and meals, books and supplies, transportation, and personal expenses. These costs will vary depending on your spending choices and should be budgeted into your college expenses. The university offers a variety of financial aid options to ensure that financial constraints do not hinder students from achieving their academic goals. 

Types of Financial Aid Available for Indian Students

Indian students at ASU can get different types of financial help, such as scholarships, grants, loans, and work-study programs.

• Scholarships and Grants: These are great because you don’t have to pay them back. They can be given based on your good grades or financial need.
• Loans: You can borrow money to pay tuition, but you will have to pay it back later with extra money called interest.
• Work-Study Programs: These programs let you work part-time while you study to earn money for your school expenses.

Indian students can also apply for special scholarships and grants made just for international students, which can help make paying for school easier.

Scholarships Available at ASU for International Students

ASU offers scholarships to international students who do well in their studies.

• New American University Scholarship: This is for international first-year and transfer students with F-1 visas. It helps with college costs.
• College and Department Scholarships: ASU’s academic departments and colleges offer scholarships and assistantships. The amount of money and the rules for getting these awards can be different. College scholarships are open to any student in that college who qualifies, while departmental scholarships are for students studying specific subjects.
• Private Scholarships: Some private scholarships don’t require you to be a U.S. citizen or have a Social Security number to apply. These scholarships can be available to all students, no matter their immigration status. Always check the rules for each scholarship to see if you qualify.

How do I get financial aid at ASU?

Steps to follow to get financial aid at ASU:

1. Create an FSA ID: You and your parents need to make an account on studentaid.gov. You’ll use this account every year for federal student aid tasks.
2. Fill out the Free Application for Federal Student Aid (FAFSA): Gather your driver’s license, bank statements, and parent information. The FAFSA for the 2024–2025 school year is open now. If you have trouble logging in, wait a few hours or try the next day. Use your FSA ID to complete the application.
3. Review your FAFSA Summary Report: You’ll get an email from the Department of Education with your report 3-4 days after your FAFSA is processed.
4. Look out for additional verification documents: Check My ASU for any extra documents needed to process your FAFSA. Send these back quickly to avoid delays.
5. Review your Financial Aid Offer: Financial Aid and Scholarship Services will send you an offer letter. You can review this in the finances tab on My ASU. About five days before classes start, financial aid is disbursed. Your scholarship and grant money will be applied automatically. It would help if you accepted loan offers for those funds to be available.
6. Get Your Refund: If you have leftover financial aid after paying tuition and other charges, you’ll get a refund. The fastest way to get your refund is to sign up for direct deposit.
7. Apply for Scholarships: After submitting the FAFSA, use the scholarship search tool to find scholarships. Scholarships are free money for college that you don’t have to repay. There are many scholarships for different regions, interests, majors, goals, and more.
8. Enroll in Direct Deposit: If you get a refund, the quickest and safest way to receive it is through direct deposit.
9. Maintain Eligibility: Keep a certain GPA and complete your coursework on time. If you have a scholarship, you need to meet its renewal criteria.
10. File a FAFSA Every Year: Submit a new FAFSA every year you’re in college to keep getting federal financial aid.

How to Complete the Free Application for Federal Student Aid (FAFSA)?

Completing the Free Application for Federal Student Aid (FAFSA) is essential for students seeking federal financial aid. Follow the below steps to complete the application: 

Step 1: Start by gathering necessary documents, such as tax returns and financial records. 

Step 2: Visit the FAFSA website and create an account. 

Step 3: Follow the step-by-step instructions to fill out the application, providing accurate information about your financial situation. 

Step 4: After submission, your application will be processed, and you will receive a Student Aid Report (SAR) summarizing your eligibility for federal aid. 

It’s crucial to submit the FAFSA annually to ensure continuous financial support. ASU’s financial aid office can assist you with any questions during the process.

Dealing with financial aid can seem difficult, but HelloUni is here to help. Our expert guidance simplifies the process, ensuring you understand and access all available resources at any chosen university. Start your path to affordable education today with HelloUni. Reach out now!

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