Financial aid is monetary assistance to help students meet the expenses of going to college. Financial aid is not intended to cover all of a student's expenses. The primary financial responsibility belongs to the student and his/her family. The Office of Student Financial Aid at Marquette University attempts to help bridge the gap between the costs of attending the university and the ability of a student and his/her family to meet those costs.
A student's financial aid award may include one or a combination of scholarships, grants, loans and student employment. It is important to apply early since these resources are limited.
The most current and accurate information can be obtained by visiting the Marquette Central website. Marquette Central professional staff is available for assistance Monday through Friday, 8:00 a.m. to 4:30 p.m. at (414) 288-4000. Although care is taken to ensure the accuracy and timeliness of information contained in this bulletin, the information is subject to change and/or deletion without notice due to unintended error and/or ongoing changes in federal and state legislation.
To receive financial aid from federal and state programs students must meet the following requirements:
- Be a U.S. citizen or an eligible non-citizen. Students with F1, F2, J1, or J2 visas are not eligible.
- Be registered with Selective Service, if required.
- Be working toward a degree or certificate.
- Be enrolled at least half-time. Audit, repeat and other non-credit classes do not apply.
- Half-time: 6 credits per semester for undergraduates.
- Be making Satisfactory Academic Progress.
- Complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov.
- Demonstrate financial need, if applying for need-based aid.
- Not be in default on any loan or owe a refund on any grant made under Title IV or the Higher Education Act of 1965, as amended, at any institution.
The first step a prospective student must take is to complete the Marquette University online application for admission. A student needs to be formally admitted into the university before they are considered for financial aid assistance. Students may apply for financial aid if they are currently enrolled or are applying for admission to Marquette University.
To apply for financial aid a student must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA website is www.fafsa.gov and Marquette's Title IV School code is 003863. It is important for a student to file their FAFSA between October 1 and January 15 in order to receive consideration of all types of financial aid. FAFSAs received February 1 or later for continuing students will result in a reduced financial aid award. The student's Expected Family Contribution (EFC) is calculated from information provided on the FAFSA and is listed on the Student Aid Report (SAR). The EFC is an indicator of the family's financial strength and is used along with the Cost of Attendance (COA) to determine a student's eligibility for financial aid.
During the application process, students may be asked to verify the information reported on the FAFSA. Any aid offer is contingent upon completion of the verification process.
Satisfactory Academic Progress policy
Marquette University is required by federal regulations to apply qualitative and quantitative standards in measuring academic progress for financial aid purposes. The complete Satisfactory Academic Progress Policy can be found on the Office of Student Financial Aid website.
Office of Student Financial Aid - Available Programs
Marquette University Scholarships
Marquette University scholarships are funded through gifts and endowments provided by private donors in addition to funds set aside by the University. All applicants meeting the December 1 admission application deadline are considered for the Père Marquette Award. The Père Marquette Award is awarded on a competitive basis and takes the entire application into consideration.
Marquette University also offers competitive scholarships, athletic scholarships and ROTC scholarships. For information about selection criteria, application procedures, deadlines and renewal requirements for all Marquette scholarships consult the Office of Undergraduate Admissions website.
Private Scholarship Opportunities
Information on Private Scholarship Opportunities can be found on the Office of Student Financial Aid website.
A grant is a type of need-based financial aid that does not have to be repaid. Grants can be awarded from federal, state, institutional and private sources. Every student's application is reviewed for grant eligibility. All grant assistance is automatically accepted for students on CheckMarq. Additional information about grants can be found on the Office of Student Financial Aid website.
A loan is a type of financial aid that has to be repaid upon graduation or when no longer enrolled in school on a full- or half-time basis (depending upon the terms of the individual loan program). A promissory note (legal agreement to repay) must be signed before a loan is disbursed. The promissory note contains detailed information about terms, responsibilities and repayment of the loan. There are no penalties for prepaying principal or interest in any student loan program. Federal regulations require all first-time Stafford Loan borrowers to participate in loan counseling before disbursement of the loan.
Federal Loan Programs
The principal loan programs administered by Marquette for Undergraduate students are the William D. Ford Federal Direct Stafford Loans, the William D. Ford Federal Direct PLUS loan, the Federal Perkins Loan, and the Federal Nursing Loan.
Additional information about loans can be found on the Office of Student Financial Aid website.
Truth in Lending Act Disclosures
Students borrowing any non-federal loans (e.g., institutional or private loans) must sign and acknowledge disclosure forms acknowledging the specific terms of each loan and stating that the student is aware of the lower cost Federal loan alternatives. The disclosure forms are sent out by the lending institution when appropriate. Each disclosure form clearly states what steps the student must take next and in what timeframe those steps must be made.
Private Alternative Loans
Alternative loans are non-federal educational loans available from a variety of national lending institutions. Minimums and maximums vary for these loan programs, but all require a satisfactory credit history. The Alternative Loan Lender Chart provides an alphabetical list of all lenders that Marquette students have used in the past five years. This is in no way exclusive or exhaustive of all existing lenders. The Office of Student Financial Aid honors requests to certify other alternative educational loans that do not appear on this chart.
Student Employment Assistance
The primary function of Student Employment Services, located within the Office of Student Financial Aid, is to assist students in securing employment on campus or off campus within businesses in the area. Many students help finance their education through part-time employment.
Marquette lists part-time on and off campus positions on the web-based job posting site, JobConnection.
Students wishing to work must comply with the Immigration Reform and Control Act of 1986. This means that new student employees need to complete an I-9 form with the Office of Student Employment on their first day of employment. Students must provide original documents (i.e., Social Security card and driver's license or U.S. Passport); copies or faxes of documents are not acceptable. Be sure to check the last page of the I-9 form for a list of acceptable documents to complete the I-9 process. Students may view the I-9 requirements on the Student Employment Services website. Contact Student Employment at email@example.com with questions.
For more information please visit our Marquette Central website. Contact us with questions at firstname.lastname@example.org, (414) 288-4000, or visit Zilber Hall, Suite 121. When contacting Marquette Central please provide student's Marquette University ID (MUID) and four-digit Marquette Central Access Number (MCAN). Marquette Central's office hours are 8:00 a.m. to 4:30 p.m. Monday through Friday CST.