The Federal Direct Student Loan Program is the primary source of funding for most AUNE financial aid applicants. Stafford Student Loans, less any applicable origination and guarantee fees, are disbursed to Antioch University New England. Funds are issued to Antioch University New England in up to three disbursements annually, in the form of electronic funds transfer or checks. Upon Antioch’s receipt of funds, a final assessment of eligibility will be conducted before the funds will be credited to the account. Information about Perkins Loans, Graduate Plus Loans, and Alternative Educational Loans is available in the Financial Services section of our website, or from the Financial Aid Office.
The Federal government charges a fee for originating Federal Student Loans. The fee ranging from 1 to 4 percent will be deducted from the amount you borrow prior to being credited to your student account.
Electronic Funds Transfer
Loan funds arrive by this method. You will be notified by the Student Accounts Office when the funds have been applied to your student account. If this transaction results in a credit balance in excess of $32, a refund check will be processed.
Important Notice for Credit Card Users
In accordance with our credit card Merchant Agreement, any refund due to a student within ninety days of a credit card transaction must first be refunded directly to that credit card. Students will be notified via Antioch email if this should occur.
Scholarships And Grants
Visit AUNE Financial Services for a list of grants and scholarships available.