Private and Alternative Loans are available for students to apply for from private lenders.
Unlike Federal Stafford loans, which are guaranteed by the federal government, private loans need to be applied for/approved, and may have varying terms from lender to lender.
Finlandia University strongly recommends students (and their cosigners) to be knowledgeable of all terms of a private loan before agreeing to take it out. Finlandia University is not contractually obligated to any lending institution.
Many students borrow from private alternative loan [...]
Michigan Tuition Grant/Michigan Competitive Scholarship
Michigan Tuition Incentive Program (TIP)
amount
UP TO $3,000*
UP TO $3,212*
*Funding levels are dependent on state funding. Figures given are 2022-23 amounts.
Michigan Tuition Grant (MTG)
The MTG program provides need-based grants to Michigan residents attending independent, degree-granting post-secondary institutions in Michigan. To qualify for the Michigan Tuition Grant, a FAFSA application must be filed by the State of Michigan Priority Deadline, and Finlandia must be listed as the first school (School Code: 002322).
Our personal approach allows you to receive the assistance you need, resulting in tuition much lower than the published sticker price. Providing an affordable private university education at or below the tuition price of a public university is what we are all about. Talk to your admissions officer today about scholarships and other financial aid opportunities and to go over your personalized financial aid package.
FinnU tuition = more approachable than a cold swim in Lake Superior
One of the mistakes most commonly made in choosing a college is to base one’s decision on outward costs alone. In order to fully determine the best buy, it is imperative that financial aid opportunities be factored in. Often a small private institution is better able to look at financial aid on an individual basis. This can result in the student realizing more financial aid opportunities, thus offsetting the [...]
To be considered for most financial aid programs, students must complete the Federal Application for Federal Student AID (FAFSA) each year. For those students who live in Michigan, it is important to complete the application by March 1 to receive priority consideration for all state financial aid programs.
“We tell students every year the importance of completing the FAFSA as soon as possible,” Director of Financial Aid Sandy Turnquist said. “This year that’s again the case as the state is asking [...]