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National Application Center :: campus tours :: Faulkner University costs & financial aid

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Faulkner University

Faulkner University
5345 Atlanta Highway
Montgomery, AL 36109-3398

Official telephone: (334) 386-7324
Fax number: (334) 386-7268
Website: https://www.faulkner.edu/
Screen last updated on: February 2024

The financial aid information below is valid for the 2023 academic year.

EXPENSES
Undergraduate tuition: $21,500; $21,500 out-of-state
Book fees: $1,800
Combined room and board expenses: $7,900

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 15noAugust 1
Institution's own financial aid formN/AnoN/A
State Aid FormN/AnoN/A

Date award notification begins: May 1
Applied for financial aid:
88% of first-year students
73% of full-time undergraduates
Determined to have financial need:
100% of first-year students
100% of full-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
97% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
74% of first-year students
78% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
70% of first-year students
77% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
9% of first-year students
5% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
24% for first-year students
36% for full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$23,264 for first-year students
$16,892 for full-time undergraduates
Average need-based gift award:
$4,882 for first-year students
$4,258 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$2,610 for first-year students
$3,185 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,113 for first-year students
$3,878 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
9% of first-year students
5% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$8,805 for first-year students
$7,733 for full-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • special characteristics
  • athletic scholarships

Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.