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Funding your future

Federal financial aid includes grant and low interest loan programs from the U.S. Department of Education to help you pay for your college tuition and expenses– because nothing should hold you back from reaching your full potential. You also don't have to go it alone. Our finance advisors are on hand to help guide you through the process.

Federal Student Loan Basics

Key dates & deadlines

Students must submit the Free Application for Federal Student Aid (FAFSA) for each school year to qualify for federal financial aid.

Our FAFSA school code is 014593.

Federal Award Year FAFSA Open Date FAFSA Deadline Tax year data used in FAFSA
December 30, 2023
June 30, 2025
Oct 1, 2022
June 30, 2024


Know your options

We want to ensure you get the maximum amount of aid available. There are two types of federal aid: federal grants and federal loans.

Federal grants

Grants are distributed based on financial need and other qualifying factors. They are money that you don’t have to repay. Learn more about grants.

Typically awarded to undergraduate students who display exceptional financial need and have not earned a bachelor’s, master’s, or professional degree, which includes doctoral.

Typically awarded to an undergraduate student who demonstrates exceptional financial need.

Federal loans

Both need and non-need based low interest loan options are available. The money borrowed must be repaid with interest. Learn more about loans.

Loans made to eligible undergraduate students who demonstrate financial need to help cover the cost of education expenses not covered by other financial aid.

Direct unsubsidized loans are loans that help cover the cost of higher education for both undergraduate and graduate or professional students. Financial need is not required to qualify. The borrower is generally responsible for paying all the accumulated interest, until the loan balance is paid off.

Loans made to eligible graduate students and parents of dependent undergraduate students to help pay for education expenses not covered by other financial aid.

Get started with federal financial aid

Every student who meets the eligibility requirements can get some form of federal financial aid, regardless of age or family income.

Being eligible and staying eligible

The most basic eligibility requirements are that you must:

  • Be a US citizen or an eligible noncitizen
  • Have a valid Social Security number
  • Have a high school diploma or a recognized equivalent such as a General Educational Development (GED) certificate
  • Be enrolled or accepted for enrollment as a regular student in an eligible degree or certificate program
  • Maintain satisfactory academic progress in school
  • Not be in default on a federal student loan and not owe a federal grant overpayment

Apply for federal financial aid

Use our quick, step-by-step guide.

Complete and submit the FAFSA form
All students seeking federal financial aid need to complete the Free Application for Federal Student Aid (FAFSA) online as soon as possible after October 1. 

The FAFSA code for University of Phoenix is 014593.

Review your financial aid offer notification
In your notification, we’ll explain the details of your financial aid package, which can include grants, scholarships, and federal student loans.

Complete your Entrance Counseling and Master Promissory
Students who receive a Federal Direct loan for the first time are required to complete these online forms before they’re eligible to receive payment. This process will take approximately 20 minutes to complete and can be accessed 24 hours a day.

Talk to an enrollment representative
Questions? We’ve done everything we can to simplify the financial aid process. If you have questions, please contact us.

Connect with a finance advisor

A finance advisor is ready to explain your financial aid options including grants, scholarships, loans and other services you may not even know about. Contact them today.

Ready to get started?

Chat with an experienced advisor who can guide you through tuition, financial aid, scholarships, transfer credits and more.

Smiling enrollment representative

Start a conversation about your future with an enrollment representative today.

*Terms and conditions

You must attend school continuously, with no attendance breaks greater than 14 days, to retain disbursed federal funds. A leave of absence must be requested and approved if you require more than 14 days away from class.

Not all University of Phoenix degree programs are eligible for federal financial aid. Please check with an advisor.

Review the Consumer Information Guide

If the University determines that you are not eligible for federal financial aid and/or you do not provide all requested documentation, you will be immediately responsible for any outstanding balance and will be required to comply with the terms and conditions of the Cash Plan.

Students who do not comply with their primary financial option may not be allowed to attend classes. Your eligibility to start or continue attending classes is at the discretion of the University. A student may not be financially approved to attend class for failure to make payment in a timely manner, preventing the student from attending future class sessions until the amount owed is paid in full or satisfactory payment arrangements are made. Finance Advisors are available to provide additional information.

Washington State Loan Advocate Statement: For Washington State residents seeking information and resources about student loan repayment or seeking to submit a complaint relating to your student loans or student loan servicer, please visit or contact the Student Loan Advocate at