Frequently Asked Questions

Who is eligible for student loans?
If you are a U.S. citizen or a permanent resident of the United States, you are eligible to apply for federal student loans at Fairfield University. Additionally, you must be a matriculated student with enrollment for a minimum of six credits per semester. There are no absolute income "cutoffs" that would disqualify a student from applying. The family size, number of children in college, total assets, and a variety of other circumstances are taken into consideration and included in the calculation when the federal government determines a student's demonstrated financial need and aid eligibility.

How is financial aid need determined?
Once the processing center receives your completed FAFSA, the Department of Education (DOE) follows established guidelines to calculate the contribution you can be expected to make toward the cost of your education, which is often referred to as your Expected Family Contribution (EFC). The DOE shares this information with the colleges you have listed on your FAFSA. The difference between the EFC and what Fairfield estimates it will cost you to attend the University, also known as the Cost of Attendance (COA), is defined as your "demonstrated financial need."

Will my application for student loans and/or financial aid affect my application for admission?
No. Applications for admission to Fairfield University are evaluated separately from requests for financial aid assistance.

Are my student loans automatically renewed every year?
No. Income and family circumstances change from year to year, so students are required to submit the FAFSA annually.