Douglas Olsen
Barry University offers a wide range of financial aid options for its students. The university manages approximately \$150 million in student financial aid, and over 90% of the student body receives some form of financial assistance. The university offers various scholarships, grants, assistantships, and tuition discounts. Students must maintain satisfactory academic progress to remain eligible for financial aid and meet certain standards to receive federal financial aid. The average need-based scholarship or grant for first-year students is $9,603, and 78% of first-year students received need-based financial aid in fall 2022. Barry University's financial aid program is designed to help students afford a private college education and graduate with less debt.
| Characteristics | Values |
|---|---|
| Percentage of students receiving financial aid | 80% to 90% |
| Percentage of first-year students who received need-based financial aid in Fall 2022 | 78% |
| Average need-based scholarship or grant awarded to first-year students | $9,603 |
| Average need-based self-help aid awarded to first-student students | $5,414 |
| Average non-need-based scholarship or grant awarded to first-year students | $16,953 |
| Percentage of students whose financial aid needs were met | 63% |
| Amount of student financial aid managed by the university | $150 million |
| Types of financial aid | Scholarships, assistantships, tuition discounts, federal aid, institutional aid, grants, loans, work-study programs, merit-based scholarships, talent scholarships, leadership and service scholarships, and more |
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Types of financial aid
Barry University in Miami, Florida, offers a variety of financial aid options for its students. The university manages approximately $150 million in student financial aid for eligible students, and over 90% of the student body receives some form of financial assistance.
Scholarships
Barry University offers several scholarships for eligible students. Upon acceptance, the Admissions Office will inform students of their qualification for a scholarship. International students may be eligible for a merit-based scholarship, which is available to first-year and transfer students on a competitive basis.
The university also offers the following scholarships:
- Pep Band Grant
- Cheerleading Scholarship
- Barry University Athletic Award
- Barry Stamps Scholars Program
- Dominican Leadership Award
- RaiseMe Micro-Scholarships
- Women of Tomorrow Scholarship
- Catholic High School Grant
- Alumni Legacy Grant
Grants
Grants are available to students at Barry University, with the average grant award being $3602 higher than the average for private not-for-profit schools.
Federal Aid
Barry University participates in federal financial aid programs, with compliance to federal regulations for eligibility. Federal aid is either funded or subsidized by the federal government.
Institutional Aid
The university also offers institutional aid, which comes from the school itself. Barry University offers more institutional aid than other schools, with 14% more students receiving institutional aid than the average for private not-for-profit schools.
State Aid
The university also participates in state financial aid programs.
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Eligibility criteria
Over 90% of students at Barry University receive some form of financial assistance. The university manages approximately $150 million in student financial aid for eligible students, sourced from a variety of sources. The university works with students to determine their eligibility for financial aid.
To be eligible for financial aid at Barry University, students must be fully admitted to the university. They must also complete the Free Application for Federal Student Aid (FAFSA) annually at fafsa.ed.gov. The FAFSA priority deadline is February 1, and students are encouraged to file by this date to ensure maximum financial aid eligibility.
Students who transfer to Barry University are automatically considered for an award based on academic merit, with no special forms required. Upon acceptance, the Admissions Office will inform the student of how much they are qualified to receive. International students may be eligible for merit-based scholarships, which are available to first-year and transfer students on a competitive basis.
To maintain financial aid eligibility, students must make satisfactory academic progress (SAP) toward a degree. Barry University has established certain standards that must be met to receive federal financial aid, in compliance with federal regulations. Satisfactory academic progress is determined by both qualitative and quantitative measurements.
The university's Honors Program is designed for especially motivated students and offers rigorous curricula and interactive events. The Office of Financial Aid can assist in determining eligibility for the Honors Program.
Additionally, students should be aware of deadlines for submitting applications for financial aid programs and the process involved. They should understand how their financial need is determined, including the resources considered in the calculation, and how to retain eligibility for funds, including maintaining Satisfactory Academic Progress.
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Scholarships
Barry University offers a wide range of scholarships to its students. The university manages approximately $150 million in student financial aid for eligible students, sourced from various sources. The scholarships are funded through contributions from private donors, alumni, faculty, staff, parents, campus organizations, and corporations.
Merit-based Scholarships
Barry University offers several merit-based scholarships for undergraduate students. The Barry Bright Futures Award, for instance, is a merit-based grant offered to recipients of the Florida Academic Scholarship/Florida Medallion Scholarship. The university also provides an annual, renewable scholarship of $2,000 for community college transfer students involved in Phi Theta Kappa, and up to $16,000 annually for other transfer students. Additionally, there is an annual, renewable scholarship of $1,000 available to domestic and international freshmen enrolling directly from a Catholic high school in the US or abroad.
Talent Scholarships
Barry University offers talent scholarships, including the Pep Band Grant, Cheerleading Scholarship, and the Barry University Athletic Award. These scholarships recognize and reward students for their talents and contributions in specific areas.
Leadership and Service Scholarships
The university also values leadership and service, providing scholarships such as the Barry Stamps Scholars Program, Dominican Leadership Award, RaiseMe Micro-Scholarships, and more. These scholarships acknowledge students who demonstrate exceptional leadership skills or have a strong commitment to community service.
Honors Program
The Honors Program at Barry University offers a challenging curriculum and enriching experiences for motivated students. The program is designed to help students reach their full potential and explore crucial issues through discussion, debate, and interactions with experts in their fields. The Office of Financial Aid assists in determining eligibility for the Honors Program, which may include financial support.
External Scholarships
In addition to institutional scholarships, Barry University students can apply for external scholarships throughout the year. The university provides resources and a mobile-friendly process to help students find and apply for these external scholarship opportunities.
Maintaining Financial Aid Eligibility
To maintain eligibility for financial aid, students must make satisfactory academic progress (SAP) toward their degree. Barry University, in compliance with federal regulations, has established standards that must be met to continue receiving federal financial aid. Satisfactory academic progress is assessed through qualitative and quantitative measurements.
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Grants
Barry University in Miami, Florida, offers a variety of financial aid options for eligible students, including scholarships, assistantships, tuition discounts, and grants. The university manages approximately $150 million in student financial aid, with over 90% of the student body receiving some form of financial assistance.
Barry University offers several grants to its students, including the Barry Access Grant and the Barry Housing Grant. The university's Office of Grants & Sponsored Programs supports students, faculty, and staff in pursuing external funding opportunities. The office is committed to the university's core values of knowledge, truth, inclusive community, social justice, and collaborative service.
The university also provides information on external grants through websites like Grants.gov, which offers a helpful reference guide explaining the different phases of the grant process, from application to close-out.
Types of Grants
There are various types of grants available to students at Barry University, including institutional, federal, and state grants.
Institutional Grants
Barry University offers institutional grants, which are awarded directly by the school. These grants tend to be more competitive in amount compared to other schools. The university's scholarships and grants include the Women of Tomorrow Scholarship, Catholic High School Grant, Alumni Legacy Grant, and more.
Federal Grants
Federal grants are provided by the federal government or subsidized by them. Barry University students can access federal grants such as the Federal Pell Grant and the Federal Supplemental Educational Opportunity Grant (SEOG).
State Grants
State grants are also available to students, as listed on the Florida Office of Student Financial Assistance website.
Maintaining Eligibility
To maintain eligibility for financial aid, including grants, students at Barry University must make Satisfactory Academic Progress (SAP) toward their degree. This progress is determined by qualitative and quantitative measurements, as established by the university in compliance with federal regulations.
Applying for Grants
Students can browse and apply for institutional, endowed, and external scholarships and grants through the Barry University Scholarship System. This mobile-friendly platform matches students with relevant scholarships based on their answers to various questions.
Additionally, students can search for scholarships using keywords and review the criteria to determine their eligibility. The university also encourages students to explore the many free scholarship search programs available online.
Financial Aid Awards
Students can access their Financial Aid award letter through the Financial Aid Portal, which lists the financial aid awards they are eligible for, along with the amounts. These awards can include grants, scholarships, and other forms of financial assistance.
Net Price Calculator
Barry University also provides a Net Price Calculator to help students estimate their "net price" as undergraduates. This calculator takes into account the full cost of attendance, including tuition, fees, books, room, meals, and other expenses, and subtracts any estimated grants and scholarships for which the student may be eligible.
In conclusion, Barry University offers a comprehensive range of grants and other financial aid options to support its students. With a significant percentage of the student body receiving financial assistance, the university strives to make higher education accessible and affordable.
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Student loans
The university provides institutional aid, which comes directly from the school, and federal aid, which is provided by the government. Barry University's institutional aid is 14% higher than the average for private not-for-profit schools, making it a competitive option for students seeking financial support. This means that fewer students will need to take out loans to pay for their education, reducing their overall debt. The university also offers merit-based scholarships for international students, first-year students, and transfer students, which are renewable and competitively awarded.
Federal aid, on the other hand, is subsidized by the federal government and includes grants such as the Pell Grant and the Federal Supplemental Educational Opportunity Grant (FSEOG) for students with exceptional financial need. To maintain eligibility for federal aid, students must make satisfactory academic progress (SAP) towards their degree, as determined by qualitative and quantitative measurements set by the university in compliance with federal regulations.
The cost of attendance at Barry University reflects the maximum financial aid a student may receive and includes tuition and other personal costs. Students are encouraged to create a budget to predict their costs more accurately. Additionally, students can work while studying to lessen the burden of student loans, and the university offers work-study programs and campus jobs to help students earn money during their free time.
The university's financial aid office assists students in determining their eligibility for various aid programs and awards. Upon acceptance, the admissions office informs students of the amount of financial aid they qualify for, which can include a combination of institutional, federal, state, or outside sources. Barry University is committed to helping students access financial aid and afford the benefits of a private college education, ensuring they can achieve their educational goals without being overwhelmed by financial barriers.
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Frequently asked questions
According to different sources, between 78% and 90% of students at Barry University receive some form of financial aid.
Barry University offers federal financial aid, institutional aid, scholarships, assistantships, tuition discounts, merit-based aid, and need-based aid.
To maintain financial aid eligibility at Barry University, students must make satisfactory academic progress (SAP) toward their degree.
