Chatham University

Office of Financial Aid

Chatham University offers both need-based financial aid and merit-based scholarships. Admission to Chatham is exclusive of financial need. More than 98 percent of the student body has received some form of financial assistance at Chatham.

The Financial Aid Office is located on the first floor of Braun Hall. The office is open Monday through Friday from 8:00 to 5:00. The phone number is 412-365-2781. The office can also be reached via e-mail at financialaid@chatham.edu.

+General Financial Aid Information

Financial aid is the assistance students receive from federal, state, institutional, and private sources to help finance their college education. Financial aid may take the form of scholarships and grants (gift aid that does not require repayment), student loans, or student employment. Financial aid may be based on financial need and/or merit. Chatham uses information from the Free Application for Federal Student Aid (FAFSA) to determine a student's need.

+Financial Aid Eligibility

To be considered for need-based financial aid at Chatham, a student must meet certain minimum requirements:

  1. Be enrolled in a degree-seeking program at Chatham on at least a half-time basis of six (6) or more credits
  2. Be a U.S. citizen, permanent resident, or eligible non-citizen (with appropriate INS documentation)
  3. Maintain "Satisfactory Academic Progress" as defined by the University

+Determining Financial Need

To determine eligibility for need-based aid a student must file the Free Application for Federal Student Aid (FAFSA). The Federal Processor determines the "Expected Family Contribution" based upon the information reported by the family, including income, assets, family size and number in college. This federally calculated family contribution is constant no matter which institution a student attends. Determining a student's eligibility for aid involves three basic components:
               Cost of Education – Family Contribution = Financial Need
After the University receives a student’s processed FAFSA, the family contribution is subtracted from the “cost of education” at Chatham. This "cost of education" takes into consideration tuition, fees, room, board, books, and miscellaneous personal expenses. The result of this calculation is a student's financial need. All students, regardless of family income, are encouraged to apply for financial assistance in order to explore available aid options.

+International Student Financial Aid

Financial aid for international students at Chatham is available to eligible students in the form of scholarships (aid that does not require repayment). For more information, applicants may contact the international admissions counselor at the Office of Admissions.

In recognition of merit, leadership, and personal achievements, accepted international undergraduate applicants may be awarded partial tuition, renewable scholarships. Award decisions are based on admissions application materials, including academic records, letters of recommendation, standardized test scores (SAT, ACT, TOEFL IELTS or STEP), and indication of community involvement and activities. Merit is the primary consideration.

+Financial Aid Application Process

To be considered for all types of need-based financial aid described in the catalog, a student must complete:

  1. The FAFSA as soon as possible after January 1. This can be completed on-line at www.fafsa.ed.gov. Continuing students should submit their completed FAFSA by March 15. Failure to submit by this date will delay registration for the following fall term. New students should submit their completed FAFSA as soon as possible to expedite processing and fall registration.
  2. Appropriate grant applications, if from a state offering grants that can be used for study at Pennsylvania colleges (Arkansas, Connecticut, Delaware, Ohio, Maine, Massachusetts, Michigan, Rhode Island, Vermont, West Virginia, Washington, DC) The PA State Grant deadline is May 1.
  3. A Master Promissory Note and Entrance Counseling and www.studentloans.gov, for all new loan borrowers, who are borrowing for the first time at Chatham University.

All students whose FAFSA’s are selected for verification will be required to provide: (1) a completed Verification Worksheet; (2) verification of all nontaxable income, if applicable; (3) IRS Data Retrieval via the FAFSA website at www.fafsa.ed.gov. This needs to be completed for both the student and parent, for dependent students. If families are unable to use the IRS Data Retrieval tool, they may also request federal tax return transcripts directly from the IRS for the calendar year that is being requested. Parents of dependent students also need to submit copies of the federal income tax return transcripts.

+No Need Financial Aid Programs/Payment Options

While all students are encouraged to complete the FAFSA to apply for need-based financial aid, other financing sources are available to families who do not qualify for, or who choose not to apply for, need-based assistance. Chatham University also offers a four-month payment plan, in which more information can be found here.

+Scholarship Opportunities

Chatham University offers a wide variety of academic scholarships, which are awarded to students independent of financial need. More information is given in the Chatham Merit Scholarships section listed under Undergraduate Financial Aid Programs.