Simon Business School

Applying for Federal Aid

To qualify for federal student loans, a student must be:

  • matriculated
  • enrolled in a degree-granting program
  • enrolled at least half time (6 credit hours per term)
  • U.S. citizen or permanent resident

All graduate students applying for federal loans must complete the FAFSA online at Our federal school code is 002894. Students applying for alternative loans should apply directly with the lender of their choice.

Your credit hours for the academic year have been estimated based on your program of study in order to determine your cost of attendance and eligibility for federal aid. If your registration varies from this estimate, please email your counselor directly with your correct registration. At the beginning of each term, our office reviews students to confirm that their actual credit hours match these estimates. If there are any discrepancies in credit hours, you'll receive an email sent to your University email account asking you to confirm your actual registration for the term. You can review what credit hours we used to determine your eligibility for aid by reviewing the Messages tab in FAOnline.

FAOnline is our online student financial aid system that allows students to access their financial aid at any time and from any location.

  • Using FAOnline allows students to: Review financial aid packages, review the status of any document needed for an aid application, download and print documents that are required for a financial aid application, receive notification when a change has been made to a financial aid package, and stay informed about financial aid deadlines and requirements for each academic year.
  • Students must know their UR student ID number to log into the system.

In order to have your student loan funds available at the start of the fall term, you should submit your application materials to the Financial Aid Office by May 1. The FAFSA can be completed for the new academic year after January 1. If you apply after the start of the academic year, please allow up to 2–4 weeks for processing of your application to determine your eligibility for aid.

Go to the top of the page
Get more information about Simon
Apply to Simon