Compliance & Disclosures
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      1. Reach University Knowledge Base
      2. Accreditation, Disclosures & Consumer Data
      3. Compliance & Disclosures

      Federal consumer information & disclosures

      Federal Consumer Information Disclosures

      We are providing this information to the public as a federal requirement of schools to provide an annual notice to all enrolled students describing the availability of the required consumer information.

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      BASIC FINANCIAL AID INFORMATION

      How awarding works: ​

      ​Students must complete the Free Application for Federal Student Aid (FAFSA). Once we have reviewed your information and determined your demonstrated need, you will be notified of your award for the coming year. All aid awarded is need-based only. 

      ​The grant component could be made up of the following funds:

      ​Federal

      • Pell Grant - This grant is awarded to students based on their Federal Estimated Family Contribution (EFC) as determined by filing the FAFSA.

      • TEACH Grant - This grant is awarded to students who are planning to become teachers in a high-need field in a low-income school.

      • SEOG Grant - This grant fund, allocated to colleges by the federal government, is awarded to our neediest students who are also receiving a Pell Grant.

      ​Institutional

      • Reach University Scholarship - Institutional Grant need-based funding 

      Disbursements

      ​Financial aid will be applied directly credited to your student account to pay for tuition. There are institutional and federal guidelines for checking eligibility prior to disbursement. If you have any outstanding documents that need to be completed in order to disburse your aid, they will be listed on the student portal.

      Aid Disbursed by Outside Agencies

      The grants, scholarships and loan funding students receive from outside agencies (state, local, private) are disbursed to the student's account as they are received from the outside agency.

       

      OUTSIDE GRANTS AND SCHOLARSHIPS

      Please notify the Financial Aid Office if you received any outside scholarship not listed above.

      The Financial Aid Office is responsible for ensuring that students do not receive more financial aid than federal and state eligibility rules allow for, and we are charged with making adjustments as needed.

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      CONTINUED ELIGIBILITY GUIDELINES​

      Financial Aid is determined separately each year based on a number of criteria. Eligibility for one school year does not guarantee future eligibility. To determine eligibility for federal aid, you must: 

      For questions about financial aid, contact your student services advisor or finaid@reach.edu