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Financial Aid

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ASU's Blue and Gold Guarantee Program

Beginning with the fall 2009 semester, ASU is implementing the Blue and Gold Guarantee Program. The program covers eight semesters (summer terms not included) of tuition and mandatory fees for students demonstrating financial need.

The Blue and Gold Guarantee covers the remaining balance of any tuition and mandatory fees that are not covered by other grants, scholarships (all sources), exemptions and/or waiver programs the applicant receives.

The program does not cover room, board, books, supplies or miscellaneous charges, including parking fees, installment plan fees, post office box rental fees, late installment fees, reinstatement fees, late registration fees, etc.

To maintain the financial support for eight consecutive semesters, students accepted into the program must meet and maintain published financial aid criteria and show satisfactory academic progress as an undergraduate student. To qualify, a student must:

  1. Be a bona fide Texas resident.
    • Determined by the ASU Admissions Office according to state guidelines.
  2. Be entering college as a first-time freshman.
    • Applicants will not be prevented from consideration as first-time freshmen if they have advanced placement or dual credit that counts toward an ASU degree or have taken community college courses in the summer between high school graduation and ASU enrollment. 
    • Students accepted as incoming transfer students are not eligible for the program.
  3. Have a combined family Adjusted Gross Income (AGI) of $40,000 or less.
    • Family AGI is determined annually by the dependency status of the applicant based on information entered on the Free Application for Federal Student Aid (FAFSA).
    • Dependent applicant: Parent and student combined AGI.
    • Independent applicant: Student and spouse (if applicable) combined AGI.
  4. Be eligible for the Federal Pell Grant Program.
    • Determined by the information on the FAFSA form according to federal guidelines. Read more about the Pell Grant Program for details.
  5. Complete all financial aid application requirements by the published priority application deadline (April 1) preceding the application period.
    • Admission to the university as a regular degree-seeking student.
    • Financial Aid Office receipt of a valid (not in reject status) Student Aid Report (SAR) – Electronic output information from the federally processed FAFSA.
    • Financial Aid Office receipt of ALL required verification documents, which include, but are not limited to:
    • Completed and signed Verification Worksheet (VW).
    • Signed copy of the student and spouse (if applicable) income tax return.
    • Signed copy of the parent(s) income tax return.
    • Documents to explain any individual circumstance as requested or required.
    • Dependency Change Request Form, including any supporting documentation required by the ASU Financial Aid Office.
    • Special Circumstance Form, including any supporting documentation as required by the ASU Financial Aid Office.
    • Completed and signed Statement of Income and Expense Form (if requested).
  6. Enroll in and maintain a minimum of 15 semester credit hours through the official census date (12th class day) of each semester.
  7. Meet and maintain the minimum standards of ASU’s Satisfactory Academic Progress policy.

Note: There is no age limit for participation, provided the applicant is considered a first-time freshman when entering the program. Eligible recipients must reapply each year and meet all the requirements listed above to maintain eligibility.

General University Information

Students who want more information about academic programs, housing and other aspects of ASU can download an undergraduate University Catalog or a graduate University Catalog.

More Financial Aid Information

More information about financial aid is available in “The Guide to Federal Student Aid,” a publication of the U. S. Department of Education, or “College For All Texans,” a publication of the Texas Higher Education Coordinating Board. These publications are available upon request through the Financial Aid Office.

More Details

To read about students’ rights and responsibilities, aid to students with disabilities or return of funds due to withdrawal, check out Consumer Information.

Determining Financial Need

Financial need is the difference between the cost of attending ASU and the resources available to help meet that cost. Thus, financial need is:

Cost of Attendance (COA)
Minus
Expected Family Contribution (EFC)
Minus
Other Available Resources
Equals
Financial Need

The EFC is determined by filing the FAFSA and is a combination of the student’s contribution and the parents’ contribution (for dependent students). All applicants are required to inform the Financial Aid Office of any additional assistance to be received from outside sources during the application period by completing the Disclosure of Additional Resources Form.