Financing Information

students walking on campus.

A strategy for financing your educational expenses

In the process of paying for college, your objective should be to satisfy the balance of tuition costs without spending too much on interest from loans. Our objective is to provide you with a strategy to accomplish this. We developed the customizable Family Financing Option to encompass the best available financing options to meet your needs.

The Family Financing Option includes the following recommendations, in order of cost-efficiency:

  • Through the help of TMS (Tuition Management Systems), we are proud to offer the Villanova Tuition Payment Plan. This is a method of paying out-of-pocket over 10 monthly payments in the amount of your choice.
  • The cornerstone of all financial aid award packages is the Federal Direct Loan. It offers the best available rates and repayment terms, regardless of credit history. In many cases, the Direct Loan is completely subsidized (interest-free) during the period of school attendance.
  • Another financing option includes the Federal Direct PLUS Loan. Federal Direct PLUS loans have competitive rates and repayment terms, but the parents’ creditworthiness must be assessed first.

If the options above do not satisfy your balance, a Private Educational Loan may fill in the gap. 

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October 6, 2018 Open House Financial Aid Presentation

A review of need-based financial assistance offered by the Office of Financial Assistance, financial aid process, deadlines, and financing options.

 

Please contact us with any questions.

**Early Decision applicants for the 2019-2020 academic year who have been Offered Admission can view their financial aid award letter via their Applicant Status Page by following these steps:

  • Click View Update
  • At the bottom of the Offer of Admission letter, you will want to click on the last dated letter to launch the financial aid award letter.
  • Once the financial aid award letter is launched, click on the PDF on the top right to activate the link within the award letter so that you can thoroughly read the Financial Aid Award Booklet.

 

Office of Financial Assistance
Villanova University
800 Lancaster Ave
Kennedy Hall, Second Floor
Villanova, PA 19085
Telephone: (610) 519-4010
Fax: (610) 519-7599
Email: finaid@villanova.edu

 

Freshman Deadlines

Freshman Class of 2023 Financial Assistance Application Deadlines:*

*Financial Aid Applications will be available to complete starting October 1st.

Early Decision Applicants:            November 1, 2018

Early Action & Regular Decision Applicants: January 15, 2019

  • 2019-2020 Free Application for Federal Student Aid (FAFSA) must be filed online at https://fafsa.ed.gov 
  • 2019-2020 CSS Profile must be filed online at https://cssprofile.collegeboard.org/
  • Signed copies of custodial parent(s)', stepparent's, and student's 2017 US Federal or Puerto Rico Tax Return as well as 2017 Federal W-2's, 1099/1099R's, and all tax schedules must be submitted to IDOC.

*If the student is selected for federal verification, additional documents will be requested.

Returning Student Deadlines

The Villanova University Financial Assistance Deadline for 2019-2020 Returning Students is:

April 1, 2019 - Completed application materials must be postmarked by this date.

·2019-2020 Free Application for Federal Student Aid (FAFSA) must be filed PRIOR TO this date online at https://fafsa.ed.gov.

·2019-2020 CSS Profile must be filed PRIOR TO this date online at https://cssprofile.collegeboard.org/.

·Completed signed copies of custodial parent(s)’, stepparent’s, and student’s 2017 US Federal or Puerto Rico Tax Return as well as 2017 W-2’s, 1099/1099R’s, and all tax schedules must be submitted to IDOC. *Do not submit tax documents to the Office of Financial Assistance*

*If the student is selected for federal verification, additional documents will be requested.

IRS Data Retrieval Tool

The IRS Data Retrieval Tool for the 2019-2020 academic year is available as of October 1st to complete the FAFSA and Federal Verification Process.  We strongly recommend utilizing this tool when completing the FAFSA to ensure that all information is accurate.  Please refer to Step 4: Federal Verification for complete instructions.