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Consumer Information

Consumer information and frequently asked questions

How do I apply for federal financial aid?

When you apply for admission to Capella University, you can also complete our online financial aid application. We will show you, step by step, how to be considered for federal financial aid as well as other aid awards.

How is my federal financial award determined?

A federal financial aid award is based on the estimated costs of your academic program. Starting with the estimated cost of attendance (including tuition and other costs), the Office of Financial Aid subtracts your expected family contribution to determine your financial need. This will determine your possible eligibility for need-based federal aid, including subsidized loans and need-based grants. To the extent that the total need-based aid award is less than your total cost of attendance, you would be considered for unsubsidized loans

Example (graduate program)
$18,500 12-month cost of attendance (graduate program)
$5,000 Expected family contribution
$13,500 Financial need

A federal financial aid award will be determined after:

  • Your financial aid file is complete with all needed documents.
  • You meet all eligibility requirements.
  • You are admitted to a degree or certificate program.

Can I get help to purchase books and software before my first quarter?

Yes. Capella University allows a one-time book advance of up to $250 before your first course, to help you purchase your books or software before your first financial aid disbursement. Simply complete the First Course Book Advance Form and submit the form at least two weeks before the start of your first quarter. You must have completed the financial aid application process and have sufficient financial aid to cover the advance.

What federal financial aid policies apply?

Image of enrollment counselor who has expertise in applying for loans, scholarships, grants, and financial aid to reduce Capella's online college tuition
Call Toll-Free:
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