Bridging the Gap
“Bridging the Gap” between the cost to attend George Fox and financial aid is the responsibility of the student and family. Each semester the balance owed needs to be taken care of before the student can advance to the next semester. This can be done by first figuring out what the gap is. Students can do this by going online to the payment estimator. Once completed, the payment estimator will show the balance owed for each semester. Undergraduate Payment Estimator 2014-15.
The following information contains some options students and their families can consider in assisting with the payment.
PLUS loans are federal loans that graduate or professional degree students and parents of dependent undergraduate students can use to help pay education expenses. Direct Plus loans are provided by the U.S. Department of Education. To be eligible, borrowers must apply and be approved. To apply, the parent or graduate student needs to go to www.studentloans.gov and submit a request. The maximum loan amount is the student’s cost of attendance minus other aid.
Alternative loans are private loans that are not part of the federal financial aid program. Interest rates and fees vary greatly and may depend on the borrower’s credit-worthiness. Generally, students are required to have a co-signer. Loan amounts cannot exceed the cost of attendance less other financial aid.
Try FASTChoice to view and compare lenders that have provided private loans to George Fox students in the past. While these resources will help you make an informed decision about the most appropriate loan for you, please note that you are not required to select a lender on this list.
Payment is made each semester through personal payments, financial aid, or a combination of both. Semester payments are due prior to attendance.
Students can request a monthly payment plan for their situation by completing the payment estimator. Undergraduate Payment Estimator 2014-15. All Monthly Payment Plans are subject to a $35 per semester installment set up fee.
Employer/Third Party Payment Plan
To sign up to pay through a third party or employer by direct billing, please contact Sherri Moore in Student Financial Services for assistance.
Vocational Rehabilitation Benefit Plan
Please contact Sherri Moore in Student Financial Services for information concerning benefits through the Department of Vocational Rehabilitation.
Veterans Benefits (All Chapters)
Visit the Veterans tab for more information concerning Veterans Benefits.