We award financial aid to over 90% of Rockford University students
And you thought a private university was too expensive!
Here are a few guidelines to help you understand financial aid. As always, our financial aid office and your admission counselor are willing to answer any questions you may have and to help you through the process.
Financial Aid FormulaHow is financial eligibility determined?
- Federal and state funds are awarded to U.S. citizens and permanent resident aliens; part-time day or evening enrollment (two courses per semester (6 credit hours)) is necessary for eligibility for these funds
- Institutional Rockford University funds are awarded to full-time U.S. students and international students in the traditional undergraduate program. Full-time enrollment is equivalent to 12 credit hours
- If you are enrolled less than full-time and are receiving no state or federal aid, you may be eligible for a part-time grant
Cost of Education – Expected Family Contribution = Financial Need
Let's break it down...
Cost of Education
Includes tuition, fees, room and board charges. These costs are determined each academic year by the University's Board of Trustees. In addition to these costs, students should plan to spend an additional $1,000 - $2,000 for books, transportation and personal expenses. View tuition and fees.
Expected Family Contribution
The amount the family can contribute annually toward educational expenses based on a federal formula mandated by congressional law. Financial data provided on the Free Application for Federal Student Aid (FAFSA) is analyzed to produce the Expected Family Contribution (EFC), which determines eligibility for federal, state and institutional funds. The six major factors considered in calculating the EFC are student income, student assets, parental income, parental assets, number in family, and number of family members attending a college or university.
The maximum amount of need-based financial assistance a student may receive. Eligibility is conveyed to the student by a financial aid award notice that lists the types and the sources of aid the student is offered.
Our merit scholarship program is designed to reward those students that have been academically dedicated and engaged in their educational and co-curricular experiences.
- Rockford Grants & Loans
We’ll do everything we can to help you afford Rockford University. That’s why we offer our own grants and loans to supplement your state and federal aid.
- State and Federal Grants & Loans
The less time you spend worrying about money, the more time you can spend learning – and making a difference in the world. We encourage you to check out state and federal financial aid opportunities.
- Work Study
It’s often been said that hard work is its own reward. We couldn’t agree more. We have numerous opportunities for you to work on campus and earn money at the same time.