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Financial Aid

Capitol College is affordable to all students. In addition to having reasonable tuition and fees, it has a broad array of financial aid options. More than 80 percent of Capitol College students receive some form of financial assistance, and our financial aid staff is dedicated to assisting you in finding the funds to help finance your education.

Full-time undergraduates are eligible for federal, state and institutional scholarship and grant programs as well as federal student loan programs. Graduate students and part-time undergraduates also have a variety of financial options available.

You also need to complete and submit a Student Data Sheet to the college's Financial Aid Office by March 1. This application is automatically mailed to newly admitted students. Returning students can pick up an application in the Financial Aid Office or request an application packet.

Your financial aid award will be determined based on the income, assets and household information you provide on the FAFSA. The U.S. Department of Education will use your responses and calculate your Expected Family Contribution (EFC) using a formula. The EFC is how much you or your family can afford to pay. It is used to determine your eligibility for federal student aid. (If unexpected or unusual circumstances such as an illness or job loss occur while you are a student that affect you or your family's ability to meet the EFC, you may petition the Financial Aid Office to reconsider your aid package.)

Your state and Capitol College will also use the information you provide on the FAFSA to determine if you are eligible for any state or Capitol College financial aid.

Application Procedures

  1. You must complete and submit the Free Application for Federal Student Aid (FAFSA) to apply for federal and state financial aid. Complete the application by March 1 or as far in advance of the starting term as possible. Applying online with FAFSA on the web at www.fafsa.ed.gov is faster and easier than using a paper FAFSA. Be sure to list Capitol College on the FAFSA, School Code 001436 so the FAFSA information will be electronically forwarded to the college. A paper FAFSA can be obtained by requesting one from the Department of Education at
    1-800-433-3243.
  1. After reviewing your processed FAFSA data, the Office of Financial Aid will send an award letter listing the awards for which you are eligible.
  1. Sign and return one copy of the award letter to the Office of Financial Aid by 2010-2011 Catalog 25 Tuition/Financial Aid the return date. Failure to return a signed copy of the award letter will result in cancellation of the financial aid award.

To continue exploring how you will finance your Capitol College education, click on the pertinent category below.