FAQ's

1. Does my financial need affect my admission?
   No. Your admission to the University is determined solely on academic qualifications.
   
   
2. When are financial aid decisions made?
   After you have been admitted to Temple University, and after we have received the results of the processing of your FAFSA (Free Application for Federal Student Aid), we determine your need and the amount of aid we can offer. Note: Temple must be one of the schools listed on the Student Aid Report (SAR) to receive the results of your processed FAFSA. For students who apply for September admission, we begin making aid decisions in March. We mail financial aid award letters as soon after admission as possible, usually within two weeks. For new students, in addition to receiving an award letter by mail,  financial aid award letters appear online on OWLnet using your student PIN.  For returning students reapplying for financial aid, decisions are made beginning in April.  All returning students financial aid award letters appear online on OWLnet and are not mailed. If at any time you have a question about the status of your financial aid application, call us at (215) 204-2244.
   
   
3. What forms do I need to complete?
   You need to complete the FAFSA by March 1. You and your parents supply information about income, family size, and the number of family members in college. The federal government uses this information to determine your family contribution. We then determine your need and notify you of financial assistance. The form is available from the Student Financial Service Office, high school guidance offices, and on-line at www.fafsa.ed.gov.
   
   
4. How is my financial need determined?
   Financial need is Temple's cost of education minus your EFC (Expected Family Contribution). Since educational costs vary between colleges and universities, your need will vary from school to school. The amount you and your parents are expected to contribute will be constant, however, provided your financial circumstances remain the same. Your contribution is based on your own resources. Your parents' contribution depends on many things, including the number of children in your family and the number in college, as well as assets and income.
   
   
5. I am an adult student, not supported by my parents. How will that affect my financial aid?
   At Temple University, financial aid is available to all eligible students who have been admitted to a degree program and are enrolled at least half-time (six credit hours) each semester. Financial need for adults is calculated on the basis of the total cost of education, your income and your spouse's (if applicable), and your savings. We also consider that, as a self-supporting adult, you have greater financial responsibilities than the average 18-year-old student.
   
   
6. What happens if I receive aid from another source, like a corporation or fraternal group?
   The Student Financial Service Office will review any aid you receive from outside sources to determine if the total exceeds your financial need. Adjustments may also be required by federal, state, or university regulations.
   
   
7. Why do I have to reapply for financial aid every year?
   Because your financial situation, the availability of funds, and the number of students requiring aid varies from year to year. To renew aid, you must reapply each year by March 1, continue to demonstrate financial need, and make satisfactory academic progress.
   
   
8. I have a bachelor's degree but want to earn another bachelor's degree in a different major. What financial aid can I apply for?
   You can apply for a Federal Perkins Loan (if you did not exhaust your eligibility) and Federal Work-Study. You can also apply for a Federal Stafford Loan (if you did not exhaust your eligibility). In addition, your parents may apply for a PLUS for you if you a dependent student. You are not eligible for Federal Pell Grants, PA State Grants, Temple University Grants, or Federal SEOG.
   
   
9. My parents are divorced. The parent I live with has remarried. Do I include my stepparent's information on the form?
   Yes. You will need to complete the form using your stepparent's information. When the form says "parents", it means the parent you live with and stepparent

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