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WELCOME to FURMAN UNIVERSITY FINANCIAL AID
At Furman, you'll find a comprehensive program of financial assistance. We offer traditional sources of financial aid, as well as academic and special scholarships to students who will enrich the Furman community through their academic ability and special talents. Our own scholarships and grants, combined with federal and state assistance and wise financial planning, enable most students to enjoy the full benefits of Furman.
You may be eligible for federal grants and loans, work-study programs, state tuition grants, and scholarships offered by outside agencies, groups and individuals. To determine your personal Financial Aid Package, we have outlined the recommended steps.
Our Mission Statement
APPLYING FOR FINANCIAL AID
Furman Financial Aid and Scholarship Application - The Office of Financial Aid requests that each student, regardless of the type of financial aid that is requested, complete an application form annually. This information helps our staff determine the best financial package for you and helps us to keep relevant information about you updated in your confidential Financial Aid record.
The application does require your signature in some sections. Therefore, please print, complete, sign and submit to the Office of Financial Aid.
Need-Based Financial Assistance
In addition to completing the Furman Application for Scholarships and Financial Aid (above), all students planning to be considered for any need-based financial assistance, must complete the Free Application for Federal Student Aid (FAFSA). The easiest and quickest way to complete this application is the FAFSA on the Web . For important information about filing the FAFSA, including deadlines, see FASFA info.
South Carolina residents must complete the South Carolina State Aid Affidavit annually to be considered for South Carolina Tuition Grants or other aid that requires residency in South Carolina.
SCHOLARSHIP INFORMATION
Furman University Scholarship Information
Outside Scholarships - Students are encouraged to research and apply for scholarships offered by various organizations, companies, and clubs. There are many resources to assist a student's search for scholarship funding. The Office of Financial Aid provides links to over twenty free scholarship search sites, as well as other helpful Financial Aid information web sites.
FEDERAL LOAN PROGRAMS
All Federal Family Education Loan Programs (FFELP) are available through Furman's preferred Lender, South Carolina Student Loan (SCSL) or other commercial lenders participating in student loan programs. Currently, our preferred lender for Federal subsidized and unsubsidized loans and PLUS loans, as well as private alternative loans, is South Carolina Student Loan (SCSL). We have selected SCSL because of the value, reliability and service we receive from them as well as our benefits, customer service, technology and the variety of loan products they provide. Important Reminder: Keep in mind that you have the right to select any lender for your student loans.
In order to receive a Federal student loan, the first requirement is completion of the Free Application for Federal Student Aid (FAFSA). A FAFSA must be submitted each academic year. The easiest and quickest way to complete this application is the FAFSA on the Web. For important information about filing the FAFSA, including deadlines, see FAFSA info.
Important Requirements and Information for First-Time Borrowers - If you are a first-time borrower for the Federal Stafford Loan program, you must complete Entrance Counseling and a Master Promissory Note (MPN) from the lender. Furman also requires all borrowers to complete a Loan Certification Form.
All borrowers - annually - need to complete the appropriate Furman Financial Aid and Scholarship Application.
Once these requirements are complete, and a student's federal need is established, the student may be eligible for one or more of the federal loans. Additional steps to apply and details regarding your responsibilities are explained for these Federal Loan programs:
Federal Perkins Loans
Federal Stafford Loans
Federal Parent Loan for Undergraduate Students (PLUS)
South Carolina Student Loan (SCSL) - Furman's preferred Lender - Advantages of borrowing from SCSLC
FURMAN UNIVERSITY INSTITUTIONAL LOAN PROGRAMS
Two institutional loans are available for Undergraduate Day students. They are administered by the Student Business Center (Bursar's Office);
Furman Emergency Loan
Furman Vina Norwood Patrick Study Abroad Loan.
Information about Institutional Loan Programs
NON-FEDERAL ALTERNATIVE LOANS
Palmetto Assistance Loan
South Carolina Teachers Loan
South Carolina Teachers Loan for Career Changers
Information about Alternative Loans
OTHER FINANCIAL AID FORMS AND LINKS
Other Important Financial Aid forms
Additional Financial Aid Information and Links
THE OFFICE OF FINANCIAL AID - CONTACT US
Location: Administration Building, Room 103
Hours: Monday - Friday 8:30 a.m. - 5:00 p.m.
Phone: 864.294.2204
Fax: 864.294.3127
Email: financial.aid@furman.edu
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