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 taking a minimum of six credits per semester. There are no absolute income cutoffs that disqualify a student from applying since family size, the number of children in college, total assets, and other circumstances bear on the determination of eligibility.

How is financial aid need determined?
Once the processing center receives your completed FAFSA, the federal agency follows established guidelines to calculate the contribution you can be expected to make toward the cost of your education. They then share this information with the colleges you have listed. The difference between that figure and what Fairfield estimates it will cost you to attend the University is called your "demonstrated financial need."

Will my application for student loans affect my application for admission?
No, applications for admission are evaluated separately from requests for financial aid.

Are my student loans automatically renewed every year?
No. Income and family circumstances change from year to year, so you must file the FAFSA on an annual basis.