Financial Aid

The purpose of financial aid is to provide financial assistance to students who would otherwise be unable to attend university. A majority of financial aid, including aid funded through federal and state agencies, is granted on the basis of need. A student’s financial need is the difference between the total cost of one academic year (two semesters) of study at the university and the total resources available to the student and, if dependent, to his/her/their family.

Goodwin University’s Financial Aid Office is dedicated to giving students the personal attention needed to help them find the financial means to pay for their university education. A variety of financial aid is available to qualified individuals in the form of grants, loans, part-time employment, and scholarships. Some of these funds originate from federal and state agencies and some originate from local government and community-based organizations. Some funds originate from Goodwin University in the form of institutional grants and scholarships. Scholarships and grants do not have to be repaid. Loans have to be repaid. Typically, federal loans are repaid after the student graduates or is no longer enrolled in university.

To apply for financial aid; follow the steps below. Please remember that many scholarships require you to complete the Free Application for Federal Student Aid (FAFSA) in addition to the scholarship application.

Step 1: Get an FSA ID

The FSA ID is a username and password combination that gives you access to Federal Student Aid’s online systems. It can also serve as your legal signature. If you don’t have an FSA ID by the time you fill out your online Free Application for Federal Student Aid (FAFSA), you will be prompted to apply for one. Get a head start on that process by creating one at www.studentaid.gov.

Step 2: Complete the FAFSA

Complete the FAFSA annually online at www.studentaid.gov. It becomes available October 1 for aid in the following year. The Goodwin University Federal School Code is: 015833. You will need your 2020 federal tax information for the 2022-2023 FAFSA.