Apply for Financial Aid

Yes. To be considered for federal, state and institutional financial aid, you’ll need to submit a new FAFSA each academic year.

What is the deadline to apply for financial aid?

We encourage you to complete your FAFSA as soon as it becomes available each year which is typically October 1. Applying early helps maximize your eligibility for grants, scholarships and other financial aid. If you have questions about important dates or deadlines, our Student Financial Services team is happy to help.

Cornerstone University’s FAFSA school code is 002266.

Our Student Financial Services team is available to answer your questions, explain your options and guide you through every step of the financial aid process. You can schedule a one-on-one appointment by emailing financial.aid@cornerstone.edu or calling 616.222.1424.

Your Student Aid Index (SAI) is calculated when you complete the FAFSA. It considers factors such as income, family size and other information reported on your application to determine your eligibility for federal financial aid.

A small percentage of FAFSA applications are selected for verification by the U.S. Department of Education. If you’re selected, Student Financial Services will contact you with instructions for submitting any additional documentation needed to complete your financial aid review.

Federal student loans are available through the FAFSA and often provide borrower protections and flexible repayment options. Private student loans are offered by banks and other lenders, typically require a credit check and may require a cosigner. Most students should explore federal loan options before considering private loans.

Subsidized loans are available to eligible undergraduate students with demonstrated financial need, and the federal government pays the interest while you’re enrolled at least half time. Unsubsidized loans are available to eligible students regardless of financial need, but interest begins accruing as soon as the loan is disbursed.

Once you’ve been admitted and your FAFSA has been received, Student Financial Services will review your information and prepare your personalized financial aid offer. Processing times vary throughout the year, but you’ll be notified as soon as your financial aid package is ready to review.

To complete the FAFSA, you’ll need an FSA ID. If you’re considered a dependent student, a parent or contributor will also need an FSA ID. You’ll use financial information from the required tax year identified on the FAFSA application.

Yes. Returning students may apply for donor-funded institutional scholarships. Applications typically open in December, with awards made for the following academic year.