Financial Assistance: Grants, Loans, Scholarships
The major categories of financial assistance programs include grants, scholarships, and loans. Loans from federal or private lenders must be repaid; the interest rate, however, is usually low and the repayment period is extended. Grants and scholarships do not have to be repaid. Most of these programs are based on the student’s financial need. For more information visit the Worldwide Financial Aid Website.
A complete description of financial aid assistance and optional financing programs are available to students and their parents. Types of financial assistance are detailed online in the Finance section at http://worldwide.erau.edu/finance/index.html. This includes information about eligibility criteria, application procedures, and deadline dates.
- Federal Pell Grant
- Florida Resident Access Grant
- Florida Bright Futures Scholarship Program
- Georgia Hope Scholarship, Zell Miller Scholarship and TEG (Tuition Equalization Grant)
- Kentucky Scholarships and Grants
- Ohio National Guard
- Federal Direct Loans
- Federal Direct Graduate Plus Loans
- Federal Parent Loan for Undergraduate Students
- Private Educational Loans
Embry-Riddle donor scholarships are funds that are generously donated to help students pay for their education. If you are selected for a scholarship it will be paid in the Fall and Spring semesters of the following academic year. Completing the application does not guarantee that you will receive a scholarship and you must reapply for these awards each year.
The scholarship award amounts vary, ranging from $500 to $5,000, and scholarship criteria also vary. Some scholarships are specific whereas others are more general although most scholarships require a FAFSA application. Completing a FAFSA application does not require you to use Federal aid.
Embry-Riddle Worldwide students are eligible for University Institutional Scholarship Opportunities. Students can apply during the months of January and August each year. The application will open in January and will remain open through 5 p.m. EST on August 31. Recipients are chosen by the Worldwide Scholarship Committee during the months of August and September and notifications will be sent via ERAU email by the end of September for the academic year.
Embry-Riddle Worldwide recognizes the investment students and their families make when choosing a private college so providing financial assistance to aid students who have demonstrated academic achievement is important. By offering scholarship opportunities ERAU Worldwide would like to alleviate some of that burden. Students must be admitted into a degree-seeking program of study to receive any Worldwide scholarship opportunities.
- Project Management
- External Scholarship Opportunities - not sponsored by Embry-Riddle.