In order to
administer its financial aid program in the most equitable manner, Viterbo University
applies the nationally accepted “Federal Methodology” of need analysis to each
financial aid application. This system determines the amount of aid you need to
“bridge the gap” between your and your family’s resources and the actual cost
of your education. Taken into consideration are such extenuating circumstances
as large medical expenditures and other obligations affecting the family
financial aid awards are for one year only. Students must reapply each year of
attendance. Renewal is dependent on continued need for aid, maintenance of
academic standards as outlined in the Student Handbook and continued funding.
Students are awarded
aid drawn from approximately 30 federal, state, and Viterbo University programs.
Students are usually offered a combination of scholarship, grant, loan, and
employment opportunities. The average financial aid award package for a full-time
Viterbo University undergraduate student living on campus is $16,444.
order to be eligible to apply for financial aid, a student must be:
- admitted to an eligible degree program or
certificate at Viterbo University
- enrolled at least half-time (six undergraduate
- a U.S. citizen or able to provide
verification of status as a national, permanent resident, or refugee.
following forms are the minimum requirements to apply for financial aid:
- Viterbo University Institutional Data
- Free Application for Federal Student
- Additional forms or documents may be
requested on a case-by-case basis as needed.
Student Consumer Information
Because of the large
number of applications and limited amount of funds available, students are
strongly encouraged to complete all necessary application forms as soon as
possible to be given consideration for all types of assistance. Although
financial aid applications will be accepted at any time, first consideration
for available funds will be given to those students who have submitted all
necessary forms by March 15.
Awards are made for
the entire academic year (August through May) unless specifically stated
otherwise. No aid can be disbursed to you until all required paperwork in
completed. A separate application is required for summer sessions.
If financial aid
does not cover semester charges, all students must be prepared to pay the
difference between their financial aid award for the semester and their charges
through personal funds.
If a student decides
not to enroll for the first semester but intends to enroll for the second
semester, the financial aid office must have written notification. Failure to
notify this office will result in cancellation of all financial aid awards.
If a student
withdraws from Viterbo University, a portion of the aid may be required to be
returned according to the federal refund calculation (copies available in the
financial aid office).
Students must notify
the financial aid office of a change of address, marital, academic, financial,
or enrollment status. Changes in any of these areas may result in a revision of
the student’s financial aid awards.
Institutional Programs and Scholarships
Arts Scholarships—Incoming full-time freshmen and
transfer students talented in the areas of art, music, or theatre can receive
scholarships of up to $1,000 per year.
Scholarship—A full, four-year tuition scholarship is awarded each year
to one deserving incoming freshman majoring in a health profession. Student
must enroll full-time and maintain a 3.50 GPA for renewal.
Exchanges—Viterbo University participates in the Catholic College
Cooperative Tuition Exchange and the Council of Independent Colleges Tuition
Exchange. Dependents of employees at participating institutions may be eligible
for tuition benefits at Viterbo University.
University Academic Scholarships—Incoming freshmen and transfers are
automatically considered for these awards. Amounts range from $1,000–$11,000
per year based on the student’s academic history. Awards are renewable
providing minimum GPAs are maintained.
Grants and Scholarships
- Bureau of Indian Affairs Grant
- Federal Pell Grant
- Federal Supplemental Education
- R.O.T.C. Scholarship
- Talent Incentive Program (TIP) Grant
- Wisconsin Covenant Scholarships
- Wisconsin Handicapped Grant
- Wisconsin Indian Grant
- Wisconsin Minority Retention Grant
- Wisconsin Tuition Grant
- Wisconsin Valedictorian Scholarship
- Federal Nursing Loan
- Federal Direct Parent Loan for
Undergraduate Students (PLUS)
- Federal Perkins Loan
- Federal Direct Subsidized Loan
- Federal Direct Unsubsidized Loan
- Minnesota SELF Loan
- Private Alternative Loans
- Wisconsin Nursing Forgiveness Loan
Federal College Work
Study employment opportunities are available on campus. Students are limited to
a maximum of 20 hours per week while in school and a total of 40 hours per week
during vacation periods. Paychecks are issued twice monthly in the business
office. The financial aid office will provide the necessary job referrals.
The majority of Viterbo University’s on and off campus
degree programs are fully approved for the education of veterans and veteran’s
dependents under certain federal and state programs. For assistance with
veteran education programs, contact your county Veterans Administration office
or the veteran official in the financial aid office.