Hellenic American University admits students on the basis of academic potential and qualifications and not on their ability to pay. The University offers financial assistance to students with demonstrated financial need as well as scholarships to students with exceptional academic promise. In addition, limited teaching and research assistantships or work study are available to qualified students.
Hellenic American University can help students apply for student loans from financial institutions. Special financial arrangements are possible for employers who wish to finance their employees’ educational program.
Tuition Guarantee Program
Hellenic American University promises that the tuition rate that applies when you’re first admitted to Hellenic American University will remain the same until you graduate. The Tuition Guarantee Program means that you will know in advance how much your education will cost.
Types of Financial Aid
Need-based scholarships are awarded to students with demonstrated financial need and who maintain good academic standing. Although need-based scholarships may cover a significant part of tuition fees in the case of exceptionally needy students, the University cannot guarantee that all need will be covered in all cases. The amount of need-based awards is decided on a case-by-case basis. To maintain and renew their awards undergraduate recipients must maintain a minimum GPA of 2.00 while graduate students a minimum GPA of 3.25.
Merit scholarships are awarded to applicants with exceptional academic achievement, leadership potential or involvement in community service, depending on the particular type of scholarship. Recipients of these scholarships need to maintain a higher GPA than need-based recipients.
The University Corporate Scholarship program provides sponsoring organizations with merit-based partial or full tuition subsidies for selected employees. Contact the Financial Services Office to see if your company participates in the corporate scholarship program and if not, how it can join.
Early Admission Scholarships
Applying for Financial Aid
Only applicants who have been granted full admission to a University degree program and students pursuing a degree program will be considered for financial aid.
If you are a first-time degree student or a transfer student and wish to be considered for financial aid, you will need to complete and submit the Financial Aid application available from the Office of Admissions at the time that you apply. Since the University admits students on a need-blind basis, the Financial Aid Committee will consider your application only after you have been admitted. If you are applying for need-based scholarships, you will also need to submit supporting documents that provide information on your and, if applicable, your family’s financial resources.
All financial awards are reviewed in terms of GPA and service to the academic community before they are renewed each year. Aid can be suspended or revoked if a student does not maintain academic standing appropriate to the award or does not demonstrate appropriate conduct within the University as outlined in the Student Handbook. Students’ GPAs are reviewed each semester to ensure that academic standing is being maintained.
Continuing students may reapply for financial aid if their or their family’s financial circumstances change, but not before a full academic year has elapsed from the date of their original award.
Obligations of Financial Aid Recipients
Financial aid recipient students are expected to further the mission of the institution by assisting the University through volunteer work in their department, events and other projects. Students are asked to commit specific hours of service to the University community. Their contribution is evaluated and the results considered for the renewal of financial aid.