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Financial Aid

  • Financial Aid Overview

    At Gannon University, we are committed to offering you the best financial assistance package possible. We want your Gannon education to be exceptional and affordable. More than 90 percent of Gannon students qualify for financial assistance. We offer a variety of scholarships, grants and awards that recognize academic and athletic accomplishments, outstanding talents and demonstrated need. While income is an important part of financial strength, many other factors are examined when determining the amount and type of financial aid you will receive, such as family size, number of siblings in college and assets. We advise all students, no matter their income level, to complete the Gannon Net Price Calculator and the online FAFSA form so they can be considered for every available resource.

    The Gannon FASFA code is 003266.


  • Financial Aid Process

    Step 1: Apply for Outside Scholarships

    Some resources to use:

    1. finaid.org
    2. High school guidance office
    3. Gannon Outside Scholarship webpage
    4. Local community foundations
    5. Army Reserve Officers Training Corps (ROTC)
    6. Student or parent employers, clubs and organizations

    Step 2: If You Have Not Already Done So Complete The Net Price Calculator

    This application is used to estimate your eligibility for need-based financial aid.

    Step 3: Apply For A Federal Student Aid ID (FSA ID)

    Both the student and the parent must request a FSA ID prior to completing the required FAFSA form. You can create an account online at studentaid.gov.

    Step 4: File The Free Application For Federal Student Aid (FAFSA)

    After October 1 file The Free Application for Federal Student Aid (FAFSA) to finalize your financial aid. We recommend you file the application by March 15 to ensure timely processing. Pennsylvania residents must file the FAFSA by May 1 to be considered for a state grant. We encourage you to complete the FAFSA online at: studentaid.gov and utilize the IRS Data Retrieval Tool.

    Step 5: Review The Student Aid Report (SAR)

    Once the federal government has received and processed your FAFSA, they will forward you a SAR. Review this document for accuracy. Follow the instructions if changes need to be made.

    Step 6: For Pennsylvania Residents: Complete The State Grant Status Notice

    Pennsylvania Higher Education Assistance Agency (PHEAA) will request additional information to complete your state grant record.

    Step 7: Complete The Verification Paperwork (If Applicable)

    You may be randomly selected for verification and will be required to supply certain tax documents. 

    Step 8: Review Your Award Notification

    The Financial Aid Office begins to finalize and send award notices in November. Review your letter for any errors. 

    Step 9: Complete The MPN for Federal Direct Subsidized/Unsubsidized Loans

    If you are obtaining a Federal Student Loan, this application should be on file as soon as possible. There isn't a deadline, however, we recommend you file the MPN by May 15.

    You can complete this application online at studentaid.gov.

    Step 10: Complete Entrance Counseling

    Students obtaining a Federal Student Loan are required to acknowledge their rights and responsibilities as a student loan borrower.

    You can complete this process online at studentaid.gov.

    Step 11: Submit To Gannon A Copy Of Any Outside Scholarship Letters You Receive

    This will ensure these scholarships are credited to your semester bill. 

    Step 12: Complete Additional Loan Applications (If Applicable)

    If you are using loans to pay the balance, you must have loans finalized by the semester bill due date. A list of recommended private loan options can be found at elmselect.com. Parent PLUS information can be found at studentaid.gov

    Step 13: Review Your Semester Bill

    Semester bills are available to the student in mid-June in the Student Finance section of Self-Service. All bills must be paid in full (or arrangements made for payment) one week prior to the start of classes. If payment arrangements have been made and/or a credit balance exists, you still must confirm your enrollment by the bill due date.