Also be sure to check out the How-To Guide for more answers to your common financial aid questions.

What forms are required for financial aid?
When can I file?
What is JCU’s school code?
Can someone help me fill out the form?
Are scholarships available?
Does JCU have athletic scholarships?
Is my financial aid award guaranteed for four years?
What if our financial situation changes?
What if I get a better offer from another school?
What if I receive an “outside” scholarship?
Does JCU have a sibling discount?
What is the average loan indebtedness for a JCU graduate?

Q: What forms are required for financial aid?

A: We encourage all families to complete the Free Application for Federal Student Aid (FAFSA). There are various opportunities for all types of aid (not just loans) that the FAFSA will open up for students to be considered. The FAFSA will allow us to help you as best as we can and provide the best overall aid package that we can for each family. For newly admitted students, upon receipt of the FAFSA, we review each student for grants, work-study, and loans. Awards are sent on a weekly basis throughout the admission process beginning in mid-February.


Q: When can I file?

A: You can begin filing the FAFSA after January 1 each year. The FAFSA needs to be completed or renewed each academic year. Look for communication and reminders from our office throughout the year.


Q: What is JCU’s school code?

A: When filing the FAFSA, you need to be sure to have the results officially sent to John Carroll. Our federal school code for this purpose is 003050.


Q: Can someone help me fill out the form?

A: The Office of Financial Aid staff is prepared to help you complete the FAFSA or any other financial aid forms. In the peak financial aid season, you can look for workshops and presentations that will help you complete the forms. Additionally you can call 216.397.4248 for assistance or to set up a personal appointment any time throughout the year.


Q: Are scholarships available?

A: Yes, we have a highly competitive merit-based scholarship program for incoming freshmen. Beyond our own programs and awards, the Office of Financial Aid periodically receives information regarding outside scholarships.


Q: Does JCU have athletic scholarships?

A: JCU is a Division III school and per NCAA regulations, we cannot offer athletic scholarships to students.


Q: Is my financial aid award guaranteed for four years?

A: Financial aid is awarded with the expectation that it will be renewed each year on the basis of continued financial need, satisfactory academic progress, timeliness of financial aid application and continued availability of funds. Applications for renewal of need-based financial aid include a FAFSA, and appropriate academic standards as noted in the Standards of Academic Progress.


Q: What if our financial situation changes?

A: Financial aid and planning is not just a once a year occurrence. After you file your federal forms and receive your award, life still happens. A family member may lose a job; there may be a death in the family or unexpected medical expenses will arise. Any time your financial situation changes dramatically from the information you filed on the FAFSA, please let us know. Financial Aid professionals are allowed to use “Professional Judgement” and are authorized to change/adjust FAFSA financial items due to a family’s Special Circumstances. The adjustments made to the FAFSA through this process can result in the student being eligible for additional federal, state or institutional aid. Please contact the Office of Financial Aid if your family’s financial situation changes or for more information.


Q: What if I get a better offer from another school?

A: John Carroll has a consistent awarding strategy for our need-based assistance. John Carroll University awards financial aid within federal and state guidelines and within the limitations of our limited resources. Therefore, the idea that there is “room” for negotiating a better financial aid award is not realistic. The JCU Appeals process and Federal Special Circumstance process described above are the two ways that an adjustment can be made to a student’s financial aid award. Every school has different resources and strategies and JCU will not change awards simply based on a student receiving more aid from another institution. Additionally, JCU will not process a financial aid appeal unless a FAFSA has been filed by the student.


Q: What if I receive an “outside” scholarship?

A: Outside scholarships are considered to be financial resources to the student; meaning they have the potential to reduce your financial aid package dollar for dollar. Students are responsible for notifying the Office of Financial Aid if receiving any outside scholarships. If an adjustment needs to be made to an award, we first attempt to reduce or eliminate any self-help aid (loans and/or work-study) before we would look at any institutional grant aid. This approach maximizes your ability to benefit from the outside aid you recieve and can reduce your overall loan debt at graduation.


Q: Does JCU have a sibling discount?

A: Currently, we do not offer any legacy or sibling discount if a family has two students enrolled at JCU.


Q: What is the average loan indebtedness for a JCU graduate?

A: In 2011, 74 percent of our students borrowed federal loans and graduated with an average federal loan indebtedness of $28,689. To find out the average loan indebtedness for a particular state or to compare other institutions, log on to www.projectonstudentdebt.org.