Financial Aid
Take advantage of your financing options.
Loans, grants, and scholarships
Regardless of your current income or assets, you may qualify for student financial aid programs to help with the cost of your education. You may also have financial options beyond those described here.
Federal financial aid: graduate studies
You must be enrolled at least half time to receive federal financial aid.
Federal Stafford Loan Program: Interest rates for student loans are lower than for most consumer loans. Loan amounts vary. The Stafford loan may be subsidized (government pays the loan interest during your studies) or unsubsidized (loan interest is added to your loan during your studies).
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| Maximum Annual Loan Amount |
Maximum Aggregate Loan Limit |
$8,500 subsidized
$12,000 unsubsidized |
Combined subsidized and unsubsidized up to $138,500, of which no more than $65,000 can be subsidized. |
Eligibility and award amounts are reviewed annually by the Office of Financial Aid
Federal Graduate PLUS Loan Program: Offers master's and doctoral students a resource to bridge the gap between their other financial aid and their full education budget. The Graduate PLUS loan has a fixed interest rate, and repayment can be deferred until after graduation.
Federal financial aid: undergraduate studies
You must be enrolled at least half time to receive federal financial aid.
Federal Stafford Loan Program: The Stafford Loan may be subsidized (government pays the loan interest during your studies) or unsubsidized (loan interest is added to your loan during your studies). Loan amounts vary.
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| Grade Level |
Transfer or Earned Credits |
Maximum Annual Loan Amount |
Maximum Aggregate Loan Limit |
| Level 1 and undergradulate certificates |
0–45 credits |
$3,500 subsidized
$4,000 unsubsidized
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Independent undergraduate:
combined subsidized and unsubsidized up to $46,000, of which no more than $23,000 can be subsidized
Dependent undergraduate:
Combined subsidized and unsubsidiezed up to $23,000
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| Level 2 |
46–90 credits |
$4,500 subsidized
$4,000 unsubsidized |
| Level 3–5 |
91–180 credits |
$5,500 subsidized
$5,000 unsubsidized |
Eligibility and award amounts are reviewed annually by the Office of Financial Aid.
Federal Pell Grant: Grants do not need to be repaid. The Pell Grant is based on financial need, and awarded to eligible students in an undergraduate program. The maximum Pell Grant award for 2007–2008 is $4,050. The actual award depends on the student's enrollment status each quarter (full time or half time).
Federal National SMART (Science and Mathematics Access to Retain Talent) Grants: This grant of up to $4,000 per year is automatically awarded each quarter to all students who meet the criteria. There is no application process.
Private student loans
In addition to federal (government-sponsored) student loans, many Capella students seek private student loans from Capella's recommended lenders and other financial institutions.
Scholarships and grants
Many Capella University students are eligible for scholarships. You may qualify for an award based on your goals, work experience, financial need, or even geographic location.
Scholarships offered by Capella University
- Spirit of Capella Scholarships
- The Robert C. Ford Human Services Scholarship
- The Helene Krivosha Scholarship
Scholarships offered to Capella students—examples
- Go the Distance Scholarship
- The Sallie Mae Fund
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Call Toll-Free:
1-888-227-2736
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