Strayer University subscribes to the philosophy that educational benefit programs exist to help students who are unable to attend college without financial assistance. Federal financial aid is awarded to students who meet all federal eligibility requirements.
Students at Strayer University may receive three (3) categories of financial aid: grants, loans, and scholarships. Grants and scholarships are gifts of money which do not have to be repaid provided they are used to complete the student’s education. Loans are borrowed money which must be repaid with interest.
The amount and type of financial aid that students may receive are determined through federal and state guidelines. The typical financial aid award is a combination of grants, scholarships, and /or loans.