Financial Aid
Go back

Financial Aid

What you need to know about grants, loans and more

APSU School Code: 003478

Financial aid is available in the form of scholarships, grants, loans and federal work study. The federal government, state of Tennessee, lending institutions, private agencies and postsecondary institutions may offer financial aid assistance. Most federal and state funded financial aid programs are awarded on the basis of proven financial need. Need is defined as the difference between the cost of attendance and the expected family contribution (EFC). The EFC is determined by a standard formula established by the U.S. Congress. Apply online at

Types of Financial Aid

NOTE: Financial aid does NOT always cover the cost of books.

Important info about Student and Parent PLUS Loans

Meeting Satisfactory Academic Progress for Federal Financial Aid

Manage Your Debt

Student loans are a fact of life for many students who cannot meet the cost of school without them. Even so, it is important to make intentional and wise decisions. For example, only borrow
what you need. You will want to take some time to determine the difference between what you need and what you want, as student loans must be paid back. You have the option of accepting a partial amount for your student loans. You do not have to take out the maximum allowable. An
excellent resource for keeping a tab on your loan balance is Using the repayment calculator will give you an idea of your payments after graduation.