Options for Financing Your Logan Education
Logan University participates in a variety of financial aid programs, including grants, loans and work-study. The Office of Financial Aid is here to help to you identify and apply for the assistance you need to make your dreams of a Logan degree come true.
Financial aid is available to students in degree programs who are enrolled at least half-time. Half-time is determined by the degree program in which you are enrolled. For the Doctor of Chiropractic program and all undergraduate programs, half-time requires a minimum of six credit hours per trimester. Our other graduate level programs require a minimum of five credit hours per trimester.
Phone:
800-782-3344
Scholarships:
636-230-1723
Work Study:
636-230-1711
Email:
FinancialAid@logan.edu
Part of the U.S. Department of Education, Federal Student Aid (FSA) is the largest provider of student financial aid in the nation. All students applying for federal financial aid are required to complete the Free Application for Federal Student Aid (FAFSA) each year. Eligibility is determined using a federal methodology formula as outlined by the U.S. Department of Education based on the information you submit.
The Federal Title IV school code for Logan University is 004703.
The FSA User ID (username & password) serves as your login to various U.S. Department of Education systems. Your FSA ID confirms your identity when you access your financial aid information and electronically sign Federal Student Aid documents. Never share your FSA ID with anyone. If you have not already created an FSA ID, you may do so here.
Each student needs an FSA ID. Graduate/professional students are considered independent and do not need parental information when completing the FAFSA. For dependent students, the parent providing the income information on the FAFSA will also need to register for an FSA ID.
Federal Grants—Available to undergraduate students only. May not have earned a bachelor’s degree. Pell Grants and Supplemental Educational Opportunity Grants (SEOG) are based on need and do not need to be repaid.
State Grants—May be available for undergraduate and professional students. These often have deadlines. Check with your state for additional information. Undergraduate students from Missouri must have completed the FAFSA by February 1 to be considered. Doctor of Chiropractic students from Arkansas, Oklahoma and Mississippi have received state grants.
Federal Work Study—Available for undergraduate and graduate/professional students and based on need. Part-time job on campus in which the student receives a bi-weekly paycheck for the hours worked.
Book Voucher—Starting Aug. 19, Logan University students that have been approved for financial aid and are expecting to receive a credit balance may apply for a book voucher. This voucher will allow students to use their financial aid to purchase textbooks and other required course material and apply the balance to their student account. Book vouchers can only be used to purchase books in Logan’s Bookstore.
Military Aid—Students who have served in the U.S. military may be eligible for financial aid through the Post-9/11 GI Bill Program. Logan is also certified to provide Yellow Ribbon benefits providing 100% tuition coverage for eligible students.
Satisfactory Academic Progress for Financial Aid—To remain eligible to receive Title IV funds, students receiving financial aid must demonstrate satisfactory academic progress in their studies.
Student Loan Forgiveness—Some student loans may be forgiven. Find out if your loans qualify for this federal program.
Federal Perkins Loan—Loans made through the Federal Perkins Loan Program, often called Perkins Loans, are low-interest federal student loans for undergraduate and graduate students with exceptional financial need. Under this program, the school is the lender.
William D. Ford Federal Direct Loans—For undergraduate and graduate/professional students. Under these programs, the U.S. Department of Education is the lender. These loans have a six-month grace period after the student is no longer enrolled at least half-time in a degree program and before the first payment is due.
Direct Subsidized:
Available to undergraduate students with financial need. The U.S. Department of Education pays the interest on these loans while the student is enrolled at least half-time and during the six-month grace period.
Direct Unsubsidized:
Available to undergraduate and graduate/professional students regardless of financial need. The student is responsible for the interest, which may be paid while in school or accrued and then added to the principal balance.
Direct PLUS Loans:
Available to graduate/professional students and parents of dependent undergraduate students to help pay for expenses not covered by other financial aid.
William D. Ford Federal Direct Loan Limits
Undergraduate Programs—The annual loan limit is determined by the borrower’s year in school and their dependency status. The aggregate limits for an undergraduate student are outlined below.
Dependent Undergraduates:
$23,000 subsidized, $31,000 unsubsidized
Independent Undergraduates:
$23,000 subsidized, $57,500 unsubsidized
Master’s Degree Programs and Doctorate of Health Professions Education Program—The maximum amount of student education loans is limited federally to $20,500 per academic year and cannot exceed a maximum borrowing amount of $138,500. The aggregate limit includes undergraduate loan debt and applies to students enrolled solely in these programs.
Doctor of Chiropractic Program—Chiropractic is an approved discipline eligible for increased Unsubsidized Direct Loan amounts. The additional amount, up to $12,500 per academic year, can be awarded only to students enrolled in the DC program. This means a DC student may receive up to $33,000 total per academic year (or every two trimesters.) The limits may not exceed the cost of attendance budget. The aggregate limit for eligible students is $224,000. These limits include all loans made to the student for all attendance, including loans received as an undergraduate and/or graduate student.
Alternative/Private Loans—Available to undergraduate and graduate/professional students. Under this program, a bank is your lender. These are credit-based non-federal loans. The Office of Financial Aid has researched and created a preferred lender list. If you would like additional information regarding the preferred lenders, please speak with a Financial Aid Advisor. You may choose any lender for this type of loan, they do not have to be included on the preferred listing.
Please note: A borrower may qualify for federal grants and loans, and the terms and conditions of federal loans may be more favorable than the terms and conditions of alternative/private education loans.
For additional details regarding federal student grants and loans, please visit https://studentaid.gov/
- FSA ID: The FSA User ID (username & password) serves as your login to various U.S. Department of Education systems.
- Your FSA ID confirms your identity when you access your financial aid information and electronically sign Federal Student Aid documents.
- Never share your FSA ID with anyone.
- If you have not already created an FSA ID, you may do so here. Each student needs an FSA ID.
- FAFSA = Free Application for Federal Student Aid
- Federal School Code: 004703
- FAFSA Application: https://studentaid.gov/h/apply-for-aid/fafsa
- Graduate/professional students (DC/MS/EDD) are considered independent and do not need parental information when completing the FAFSA.
- For undergraduate dependent students, any parent providing the income information on the FAFSA will also need to register for an FSA ID.
- Student Aid Index (SAI) replaces the previous Expected Family Contribution (EFC) as an evaluation of financial resources a student may have available to contribute toward their education expenses.
- Contributor: Anyone who is required to provide their information and signature on FAFSA form as well as provide their consent and approval to have federal tax information transferred directly onto the FAFSA.
- A contributor may be the student, their spouse, a biological or adoptive parent, and/or the parent’s spouse (stepparent).
- Each contributor must have their own FSA ID on studentaid.gov
- Students and contributors must provide consent and approval to have federal tax information transferred directly onto the FAFSA via direct data exchange with the IRS.
- Without consent, the student will not be eligible for federal student aid.
- Master Promissory Note (MPN)
- Entrance Counseling
- Graduate Direct Plus Loan (Doctorate/Master student eligibility only)
- Parent Direct Plus Loan (Dependent Undergraduate student eligibility only)
Federal Grants: Must not have an earned bachelor’s degree. Potential grants could include the Pell Grant, Supplemental Educational Opportunity (SEOG) Grant, and the Iraq and Afghanistan Service Grant.
Missouri State Grants: To be eligible for most Missouri student financial aid, initial and renewal students should have a FAFSA on file by Feb 1, but no later than April 1.
Veterans Benefits: For more information regarding, visit our Veterans webpage here.
Scholarships: For information regarding scholarships, visit our Scholarships webpage here.
Direct Subsidized Loans: Available to undergraduate students with financial need. The U.S. Department of Education pays the interest on these loans while the student is enrolled at least half-time and during the six-month grace period.
Direct Unsubsidized Loans: Available to undergraduate regardless of financial need. The student is responsible for the interest, which may be paid while in school or accrued and then added to the principal balance.
Direct PLUS Loans: A credit-based loan available to parents of dependent undergraduate students to help cover additional costs outside of tuition and fees.
Alternative or Private Loans: These are credit-based non-federal loans. The Office of Financial Aid has researched and created a preferred lender list. If you would like additional information regarding the preferred lenders, please email FinancialAid@logan.edu. You may choose any lender for this type of loan, they do not have to be included on the preferred listing.
Please note: A borrower may qualify for federal grants and loans, and the terms and conditions of federal loans may be more favorable than the terms and conditions of alternative/private education loans.
Federal Work Study: Federal Work Study provides part-time jobs for students on campus with financial need, allowing them to earn money to help pay education expenses. For more information about this program, please email FinancialAid@logan.edu.
Out-of-State Grants: Doctor of Chiropractic students from Arkansas, Oklahoma and Mississippi have previously received state grants. Check with your state for additional information.
Veterans Benefits: For more information, visit our Veterans webpage.
Scholarships: For information regarding scholarships, visit our Scholarships webpage.
Direct Unsubsidized Loans: Available to graduate/professional students regardless of financial need. The student is responsible for the interest, which may be paid while in school or accrued and then added to the principal balance.
Direct PLUS Loans: A credit-based loan available to graduate/professional students to help cover additional costs outside of tuition and fees.
Alternative or Private Loans: These are credit-based non-federal loans. The Office of Financial Aid has researched and created a preferred lender list. If you would like additional information regarding the preferred lenders, please email FinancialAid@logan.edu. You may choose any lender for this type of loan; they do not have to be included on the preferred listing.
Please note: A borrower may qualify for federal grants and loans, and the terms and conditions of federal loans may be more favorable than the terms and conditions of alternative/private education loans.
Higher Education Emergency Relief Fund – Round 1 – HEERF II
If you are facing an unforeseen financial hardship due to COVID-19, the Office of Financial Aid is here to help. Under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the Higher Education Emergency Relief Fund (HEERF) has been designated to provide emergency grants directly to students (that is the HEERF—Student Share) for expenses related to the disruption of campus operations due to coronavirus.
Logan University has received $112,142 designated for students through this fund. As of September 1, 2020, the fund has been exhausted. The full amount of $112,142 has been awarded to 266 students. Priority was on a first-come, first-serve basis to qualifying students. The latest report on Logan’s financial aid provided through the CARES Act can be found below.
Higher Education Emergency Relief Fund – Round 2 – HEERF II
The Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (“CRRSAA”) was passed by Congress and signed into law on December 27, 2020, to provide additional economic relief from COVID-19. Section 314 of the CRRSAA authorizes the Higher Education Emergency Relief Fund II (“HEERF II”), which provide funds to institutions of higher education, like Logan University, for certain expenses related to the COVID-19 global pandemic and incurred on or after December 27, 2020. Notably, a portion of these funds are intended to be distributed directly to eligible students.
Higher Education Emergency Relief Fund – Round 3 – HEERF III
The American Rescue Plan (ARP) Act of 2021 was passed to provide additional economic relief from COVID-19. For all the details including who is eligible, how much you will receive, when you will receive and how you may receive the grant, please click here.
Required quarterly reporting on Institutional Funds available below.
- FSA ID: The FSA User ID (username & password) serves as your login to various U.S. Department of Education systems.
- Your FSA ID confirms your identity when you access your financial aid information and electronically sign Federal Student Aid documents.
- Never share your FSA ID with anyone.
- If you have not already created an FSA ID, you may do so here. Each student needs an FSA ID.
FAQs
- How do I apply for financial aid?
- You will need to complete a FAFSA (Free Application for Federal Student Aid) on studentaid.gov. You can use this link here.
- When will I get my aid offer letter?
- Undergraduate/graduate students will receive an aid offer typically within 3 business days of registering for classes if all necessary documents are completed.
- For Chiropractic students, an aid offer will be sent to your Logan email about 2 months ahead of classes starting if all necessary documents are completed.
- How do I accept my financial aid offer?
- You will need to log in to your NetPartner account that is linked to your award letter. NetPartner is the student portal for financial aid.
- Select “Accept Financial Aid Offer” from the top left Menu selection of the home page.
- Who is my financial aid advisor? Do I need to set up an appointment?
- Students last name A-L are advised by James Rollins. Students last name M-Z are advised by Sara Lawrence.
- Please email FinancialAid@logan.edu if you would like to set up an appointment or if you have any questions for your advisor.
- Our office is open Monday-Friday 8am-4:30pm if you prefer to walk in.
- How do I get my excess credit balance refund?
- Set up direct deposit with the Student Accounts department here. Student Accounts can be contacted at (636) 230-1770 or Student.Accounts@logan.edu.
- My family is not considered low income. Should I bother applying for financial aid?
- Yes. Majority of students are eligible for federal student loans from the FAFSA regardless of income status.
- Is there a deadline for filing the FAFSA?
- We recommend that a student completes the FAFSA before the start of the first trimester they wish to use federal aid.
- If the FAFSA is completed during the trimester, we can still process aid for you.
- If the FAFSA is completed after the trimester has ended, federal aid cannot be processed for that trimester.
- What does Cost of Attendance mean?
- Cost of Attendance is the total calculation for direct costs paid to school (tuition, fees, etc) and indirect costs students may pay for outside of school (rent, transportation, etc).
- Cost of Attendance helps calculate maximum financial aid eligibility for a student.
- Will I need parent information for the FAFSA?
- If you are an undergraduate student, unless you can answer “Yes” to one of the dependency questions on the FAFSA, you will need to include parental information. Visit this studentaid.gov website for more information.
- If you are a graduate/professional student (DC/MS/EDD), only your information and your spouse’s information is required, even if your parents still claim you on their tax return.
- What is the difference between direct subsidized and direct unsubsidized loans?
- Direct Subsidized loans are need-based federal aid and the Department of Education will subsidize (cover) the interest of the loan while the student is enrolled at least half time.
- Direct Unsubsidized loans are not need-based federal aid and have interest calculated from the very first trimester a student uses them. Visit this studentaid.gov website for more information.
- What is the difference between an interest rate and an origination fee?
- Interest rate=the percentage of additional money you pay to a lender as a cost of borrowing money.
- Origination fee=the percentage of your loan amount charged by the lender for processing your loan.
- Is work study available?
- Yes. There are a variety of jobs available to work on campus. Please stop by the financial aid office or email FinancialAid@logan.edu if you have an interest in working on campus.
- What are my options for loan repayment?
- There are several repayment plan options available, providing the flexibility you need. To view repayment plans and utilize the Loan Simulator, visit https://studentaid.gov/loan-simulator/.