If applying as a degree-seeking student at Albizu University, the Office of Financial Aid can provide you with information on scholarships and financial aid, including how to apply for scholarships, work opportunities, grants, and loan programs available to qualified students. Awards of scholarships and/or financial aid are designed to assist students in meeting the direct and indirect costs of their education.
At Albizu University, more than 75 percent of our students receive financial aid in the form of grants, loans, or on-campus employment. We are here to help you meet your educational goals.
The following reflect the current institutional scholarships and discount programs available for you:
1. Albizu´s Institutional Scholarship (San Juan/Miami) - The goal of Albizu University’s Institutional Scholarship is to provide financial assistance to graduate and undergraduate students with financial need, and to recognize current and/or prospective students who demonstrate academic excellence at Albizu University´s campuses in Puerto Rico and the state of Florida, US.
Up to $1,500 Albizu University’s Institutional Scholarship:
· For academic excellence recognition for prospective and current students
· For financial need
If you are a full time student enrolled in a program (graduate (graduate or undergraduate), have satisfactory academic progress and a minimum cumulative grade point average (GPA) of 3.0 on a 4.00 scale at the undergraduate level, or 3.5 at the graduate level, and can demonstrate financial need, apply now by completing and submitting the Albizu University’s Institutional Scholarship form with all required documentation. Deadline to apply: June 30th, 2016
2. Presidential Scholarships (San Juan/Miami) - The Presidential Scholarships are awarded based on, but not limited to, the following criteria: financial hardship, prior/current contributions of the applicant to institutional development, under-representation within a given profession, student representation in international professional associations and organizations, civic record of the applicant, or any other hardship or special consideration. Presidential scholarships are awarded based at the sole discretion of the President of Albizu University.
3. Business Administration Discount Program (Miami) - This program offers a 20% tuition discount to students in the Bachelor or Master in Business Administration Programs who are full-time employees with a State of Florida agency, Miami-Dade County Government, City Municipal Government or Federal Government agency. Students must complete an application for the award and meet eligibility criteria.
4. Excellence in Teachers Education Discount Program (Miami) – This program offers a 20% tuition discount to students who are enrolled in the Elementary Education and Exceptional Student Education degree programs at the graduate and undergraduate level who are full-time employees with a State of Florida agency, Miami-Dade County Government, City Municipal Government or a Federal Government agency. Students must complete an application for the award and meet eligibility criteria.
5. Miami-Dade County Public Schools Teachers Discount Program (Miami) - This program offers a 20% tuition discount to students who are enrolled in any degree-seeking program and are full-time teachers with the Miami-Dade County Public Schools. Students must complete an application for the award and meet eligibility criteria.
6. Miami-Dade County Police Discount Program (Miami) - This program offers a 20% tuition discount to students who are enrolled in any degree-seeking program and are full-time employees with the Miami-Dade County Police Department. Students must complete an application for the award and meet eligibility criteria.
7. Active Military Personnel Discount Program (Miami) - This program offers a 20% tuition discount to students who are enrolled in any degree-seeking program and are active duty members of any division of the US Armed Forces. Students must complete an application for the award and meet eligibility criteria.
8. Graduates of Miami Dade College (Miami) - This program offers a 20% tuition discount to students who are enrolled in undergraduate or master level programs in Business Administration, Education, or Psychology who are graduates of Miami-Dade College. Students must complete an application for the award and meet eligibility criteria.
Current federal and state programs available for you:
1. Federal Pell Grant (San Juan/ Miami) - The Federal Pell Grant, unlike a loan, does not have to be repaid. Pell grants are awarded only to undergraduate students who have not earned a bachelor’s or professional degree. The amount of Pell Grant a student may receive in an award year depends on the family’s income, the cost of attendance, and the student’s enrollment status.
2. Federal Supplemental Educational Opportunity Grant (FSEOG) (San Juan/Miami) - This is a grant available to undergraduate students demonstrating exceptional financial need. Priority is given to students who receive Federal Pell Grants. The amount of an award depends on the student’s financial need and the funding level of the University.
3. Federal Work-Study (FWS) (San Juan/Miami) - This program provides jobs for undergraduate and graduate students with financial need. The amount of an award depends on the student’s financial need and the funding level of the university.
4. Federal Direct Loan Program (San Juan/Miami) - The University provides applications for loan programs administered by the US government. These are low interest loans and repayment begins after the student is no longer enrolled in a part-time course of study.
5. Federal Direct Subsidized Loan (San Juan/Miami) - Eligibility for this loan is based on financial need as determined by the Free Application for Federal Student Aid (FAFSA) and enrollment in at least part-time status. Interest prior to repayment, or during authorized periods of deferment, is subsidized by the federal government.
6. Federal Direct Unsubsidized Loans(San Juan/Miami) - Like the Federal Direct Subsidized Loans, the Unsubsidized Loan holds the same terms and conditions, except that the borrower is responsible for interest from the day it is disbursed until it is repaid in full, including in-school, grace, and deferment periods. Eligibility is not need-based.
7. Federal Direct Parent Loan for Undergraduate Students (PLUS) (San Juan/Miami) - PLUS loans are for parent borrowers. This loan provides additional funds for educational expenses. The PLUS program enables parents to borrow money for educational expenses for each child who is enrolled, at least part-time and is a dependent student.
8. Federal Direct PLUS Loan for Graduate and Professional Degree Students (San Juan/Miami) - Graduate and professional degree students can borrow a Direct PLUS Loan to help cover education expenses. The terms and conditions applicable to PLUS Loans for parents also apply to PLUS Loans for graduate and professional students.
9. Scholarships for Disadvantaged Students (SDS) (San Juan) – The SDS program provides funds for the purpose of assisting Psy.D. doctoral students that come from disadvantaged backgrounds and do not require repayment. This scholarship is funded by the Health Resources and Services Administration (HRSA). Funds are awarded each academic year. Eligibility: a) citizen or eligible non-citizen; b) enrolled full-time in the Psy.D program; c) meets SDS criteria; d) demonstrate need; and, e) maintain satisfactory progress. Applications must be requested at the Financial Aid Office.
10. Puerto Rico State Funds (San Juan) - These grants are provided by the Puerto Rico Council of Education. They are available to students who demonstrate exceptional financial need and maintain satisfactory academic progress according to institutional policies. To participate in this program the student has to complete the FAFSA on or before the established deadlines. The Special Scholarship Fund was founded for undergraduate students who are not eligible for the Pell grant and having a "Life Eligibility Used" (LEU) of equal or greater than 600%.
11. Santander U-Work (San Juan) - External funds to provide jobs for the students with financial need, working in companies selected by Santander Bank.
12. Florida Prepaid College Program (FPCP) (Miami) - The FPCP program allows eligible students to use the funds they have in their account to offset the cost of tuition at private, not for profit universities accredited by the Accrediting Council for Independent Colleges and Schools. The FPCP will pay the dollar amount equal to the current rate of public university per credit cost. Students may access their Florida Prepaid College Program investment with the University by submitting the FPCP Transfer form to the Finance Office. Students are obligated to cover the remaining amount due to the University in the form of financial aid and/or direct payment as expressed in the Tuition Payment Policy found in the Academic Catalog.
13. Florida Student Assistance Grant (FSAG) (Miami) -This is a need based program available to full-time degree seeking undergraduate students in Florida who demonstrate substantial financial aid need.
14. Access for Better Learning and Education (ABLE) Grant Program (Miami) - This grant provides tuition assistance to Florida undergraduate students enrolled in degree programs at eligible private Florida colleges or universities. ABLE is a decentralized state of Florida program, which means that each participating institution determines application procedures, deadlines, and student eligibility.
15. Florida Bright Futures Scholarships Program (Miami) - Awarded by the Florida Department of Education to high school students based on high school transcripts and SAT/ACT test scores. Applications must be submitted during the last year of high school and must maintain standards of academic achievement to maintain the award. A student must earn at least 24 semester credit hours (or the equivalent) if enrolled full time for the entire academic year. A student enrolled full time (12 or more semester hours or the equivalent) for only one term must earn at least 12 semester hours for that term. If a student is enrolled part time for any part of the academic year, the student must earn a prorated number of credit hours.
- A student enrolled three-quarter time (9-11 semester hours or the equivalent) for a term must earn at least 9 semester hours for that term.
- A student enrolled half-time (6-8 semester hours or the equivalent) for a term must earn at least 6 semester hours for that term.
A student must reimburse the postsecondary institution for the cost of course(s) dropped or withdrawn after the initial drop/add period. The student will be ineligible to renew his/her Bright Futures award for any subsequent academic year until repayment or a satisfactory arrangement to reimburse the institution is made.