Financial Aid FAQs
Below are some of the most commonly asked questions given our current circumstances. We will update this page as needed.
If you have additional questions after reviewing the information below, please contact the Stritch Financial Aid office at email@example.com or by phone at (414) 410-4048.
Also feel free to drop by the Financial Aid window:
- Monday through Thursdays from 8 a.m. -6 p.m. and
- Fridays from 8 a.m. - 5 p.m.
Financial Aid Information
Will my financial aid change?
Will I receive the same financial aid package and scholarships at another college?
If you transition to one of Stritch’s partnering Teach-Out institutions you can expect to pay similar tuition costs to attend. The scholarships and aid you receive at the Teach-Out institution may have different names or amount, but the portion of the tuition for which you are responsible should be the same or less than it would be at Stritch.
If you transfer to a partnering institution with whom Stritch does not have a Teach-Out Agreement, you will need to work with that institution’s Admission and Financial Aid Offices on your financial aid package.
What happens to my loans if I transfer to another institution?
If you choose to continue your education at a Teach-Out Institution, or transfer to a non-partnering institution, you will still be responsible for the student loans you borrowed for Cardinal Stritch University, so it is important to address them. While your new institution should automatically report your enrollment, you are responsible for following up. If you fail to do so, you could end up owing loan payments because your loan servicer(s) think(s) you are no longer enrolled. Make sure your loan servicer(s) are aware that you are enrolled at a new institution.
Even after transitioning to one of Cardinal Stritch University’s Teach-Out Institutions, or transferring to a non-partnering school, you are still responsible for repaying loans taken out to cover the costs of previous institutions. You should track all of the different loans you have taken out so you can plan for repayment upon graduation. You do not want anything to fall through the cracks when it comes time to repay your college loans.
Submitted FAFSA for '23-'24
I sent my 2023-2024 FAFSA to Stritch, what do I do now?
> Under the "Returning User?"
> Select, 'Add a school'.
> Log-in with your FSA ID to add a different school. You are able to add up to 10.
Can I get my loans forgiven ...
With Stritch closing after the Spring term, can I get my loans forgiven or discharged?
More information can be found at: https://studentaid.gov/manage-loans/forgiveness-cancellation/closed-school. Students must work directly with their loan servicer on this matter. Stritch is unable to provide assistance with this process. To find out who your loan servicer is, log-in to www.studentaid.gov.
My Stritch Account Balance
Am I still responsible for my balance at Stritch?
Can I get work study at my new school?
How will Stritch closing impact my Veteran (VA) Benefits?
Taking Time Off
What happens is I take time off of school and/or withdraw from this semester?
What are some helpful US Department of Education Resources?
- Student Loan Repayment Questions:
- Federal Loan Forgiveness:
- Closed Information: Available for Direct Loans, FFEL Program loans, and Perkins Loans. Learn about the eligibility requirements for closed school discharge and how to apply- https://studentaid.gov/manage-loans/forgiveness-cancellation/closed-school