Private School Education Can Be Affordable.
A private college education might seem out of reach due to the perceived high tuition costs. But did you know that with grants and other financial aid options, a private school education can actually cost just about the same or even less than a public school?
Students Receive up to $6,000 per School Year
The Iowa Tuition Grant offers qualifying Iowa families up to $6,000 per year for four years of attendance at an Iowa private college or university. In other words, if you or your student is considering attending an Iowa private institution, a total of $24,000 of assistance can be available over the course of a four-year degree program. The best part is that this is provided in the form of a grant – not a loan – so it does not need to be paid back.
Eligibility Criteria is Minimal
The Iowa Tuition Grant is awarded to Iowa residents enrolled at one of Iowa’s eligible private colleges and universities. Recipients can receive grants for up to four years of full time, undergraduate study. Part time students may be eligible for adjusted amounts. Applicants must meet the following criteria:
- Iowa resident
- Undergraduate enrollment
- Enrolled at an eligible Iowa private college or university
Award Requirements Expanded for 2019
The Iowa Tuition Grant is awarded based on your Expected Family Contribution, or EFC, which is an estimate of how much your family can afford to pay for college. Starting with the 2019-2020 school year, the Iowa Tuition Grant requirements expanded to lift the EFC threshold, allowing more students to receive the grant. If you or your student applied for the grant prior to 2019, be sure to apply again and see if you are eligible.
Apply for the Iowa Tuition Grant Using Your FAFSA
Applying for the Iowa Tuition Grant is done through your Free Application for Federal Student Aid, better known as FAFSA. Here’s a rundown of the process:
First, visit our FAFSA page to learn all about FAFSA and what you’ll need to apply.
Complete your FAFSA application, notating your top schools.
Once accepted to your top institution(s), you will receive a financial aid award letter citing the loans, scholarships and grants available to you – this is where your Iowa Tuition Grant award will be found.