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Woodbury coordinates a comprehensive financial aid program for undergraduate students consisting of scholarships, grants, loans and part-time employment through funding from state and federal programs, its own resources and outside/private donors. The Free Application for Federal Student Aid (FAFSA) and the Woodbury University Application for Financial Aid are required to be completed by all entering and returning students in order to apply for financial aid.

Graduate student aid packages consist primarily of loans. The FAFSA is required as well in order to determine eligibility for the Federal Family Education Loan Program specifically for the Federal Stafford Loan program. Alternative loan funding may also be an option; however, this type of funding is based on the applicant's credit history and ratings.

Financial aid awards will be applied toward direct costs (tuition, fees, materials or lab fees, parking and any contracted housing and meal charges) first. Institutional grants and typically most named scholarship awards can only be used to pay tuition. The Business office will notify you of any credit balance available on your student account after your direct costs have first been paid. These credit balances will be refunded to you and may be used to cover your indirect costs such as books, supplies and miscellaneous costs.

The following list provides a summary of the resources available to our students.

UNIVERSITY SPONSORED GRANTS AND SCHOLARSHIPS

UNIVERSITY GRANT
Woodbury University Grant is awarded to undergraduate students with demonstrated financial need. Students must maintain satisfactory academic progress (a 2.0 GPA), enroll at least half time and continue to demonstrate financial need as determined through the FAFSA in order to continue to receive this award.

MERIT AWARDS

To encourage and reward academic excellence, each year Woodbury University awards a number of undergraduate merit scholarships based upon the student's academic promise and personal accomplishments. Merit scholarships are awarded to students in their entering year at Woodbury. Your high school GPA and SAT scores or college GPA for transfer students are reviewed to determine which category of merit you are awarded. They are renewable each year up to an additional three years for standard programs or up to four years for architecture students, as long as the required grade point average is maintained.

	Woodbury Univ. Academic Scholarship	$10,000 - $12,500
	Woodbury Univ. Achievement Award	$5000
	Woodbury Univ. Transfer Scholarship	$7,500 - $9,000

Note to students determined eligible for need-based financial aid:

Financial aid program regulations require the University to include these merit awards as a financial resource when assessing a student's overall financial needs. Your merit award will be incorporated into your financial aid package.

STATE AWARDS

Woodbury University administers programs funded through the California Student Aid Commission. These undergraduate scholarship programs are awarded on the basis of academic achievement and financial need and can only be used at an approved California College or University. These programs can be used for four years of undergraduate study with a fifth year of eligibility for students in an approved five-year Architecture program.

	Cal Grant A	awarded to financially needy
	Cal Grant B	awarded to students from economically disadvantaged backgrounds

To be considered for a Cal Grant, you must submit a GPA Verification form that has been certified by a high school or college official no later than March 2 of the application year. For the academic year 2008-2009 your application must be submitted (postmarked) by March 2, 2008. Please note that 2008-09 FAFSA must be filed by March 2, 2008 also.

FEDERAL PROGRAMS:
Federal grants/employment/loans

Federal Pell Grant is a direct grant from the federal government to financially needy undergraduate students. For 2010-11, Pell grants will range from $659 - $5550.

Federal Supplemental Educational Opportunity Grant (SEOG) is federal funding provided to Woodbury, specifically to make awards to very high need undergraduate students.

Federal Work Study (FWS) enables undergraduate students to earn part of their financial award through part-time employment while attending Woodbury University. Employment is usually on-campus but limited off-campus opportunities may be available as well.

Federal Perkins Loan is offered to students from a combination of funds. Funds made available from the federal government as well as from former Woodbury students who are in the process of repaying their Perkins loan obligations to the school are used. This loan is based on a student's financial need and award amounts can vary year to year.

Williams D. Ford Federal Direct Stafford Loans (subsidized and unsubsidized) are loans made available through the U.S. Department of Education are available to both undergraduate and graduate students. These loans are guaranteed at fixed interest rate of 4.5% (beginning July 1, 2010) for subsidized loans and 6.8% for unsubsidized loans and Woodbury University determines eligibility based on the student's cost of education or program costs and expected contributions from income.

Federal Direct Parent Loan to assist Undergraduate Students (PLUS) is a loan made available through the U.S. Department of Education and is a credit based loan for parents of dependent undergraduate students. These loans are guaranteed at fixed interest rate of 8.5%. Creditworthy parents can borrow up to the difference between the cost of attendance for one year and the amount of any financial aid the student is eligible to receive.

Federal Direct Grad PLUS is a loan made available through the U.S. Department of Education and is a credit based loan for independent graduate students. Creditworthy graduate students can borrow up to the difference between the cost of attendance for one year and the amount of financial aid the student is eligible to receive. This loan is at a fixed interest rate of 8.5% and deferrable during half-time study.

Alternative Loans are private bank loans for students designed to help meet the gap between the costs of attendance and financial aid. These loans are not guaranteed by the federal government; therefore, they can carry different fees and interest rates. Careful research is strongly suggested. Students are encouraged to first apply for federal and institutional financial aid before considering an alternative student loan.

DONOR SPONSORED SCHOLARSHIPS
Woodbury University administers various scholarships derived from gifts and endowments given to the University by individuals and organizations. Special applications are not necessary for these funds; they are awarded based on availability of funds and the needs of the University as well as a combination of eligibility requirements, such as academic standing, financial need or criteria specified by the donor.

Additional Information:

How and When to Apply

What It Costs to Attend Woodbury University

Preferred Lenders

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Business of
Entertainment

Woodbury University's School of Business and Von Johnson & Associates, Inc. (VJA) will co-sponsor the fall edition of The Business of Entertainment Lecture Series on October 16. The series is free to the public and will take place from 9 a.m. to 5 p.m. in the Fletcher Jones Foundation Auditorium on Woodbury’s main campus at 7500 Glenoaks Blvd. in Burbank. This series features timely information and discussion on issues facing the filmed entertainment industry - the region's number one employer. Previous topics have included production financing, piracy, 3D exhibition, technology disruption, Internet distribution, VOD and international theatrical distribution. Stay tuned for details, including guest speakers, topics, and program information!

Business ofEntertainment

Business of
Entertainment