Financial Aid
Capella University offers assistance to learners who would like to secure educational funding to help finance their academic program. Learners can find out more about financial aid by calling 1.888.CAPELLA (227.3552) or on Campus at Financial Aid and Finances FAQs.
Course Repeat Policy
Undergraduate and Graduate Learners
For learners in programs in the GuidedPath format, financial aid may be used to cover the cost of the first repeat of a course for which the learner received either a passing or failing grade. Learners approved to repeat a course beyond this may not use financial aid to cover the cost of the additional course repeats. This rule does not impact graduate learners in the comprehensive examination or dissertation courses. Repeat course credits ineligible for financial aid are not included in course load calculations for financial aid purposes.
For FlexPath learners, financial aid may be used to cover the cost of the first repeat of a course a learner has failed. Financial aid is not available to cover the cost of repeated courses for which the learner received a passing evaluation.
Financial Aid Satisfactory Academic Progress
Federal and state laws require learners to maintain satisfactory academic progress during their period of enrollment to remain eligible for financial aid. In compliance with federal and state regulations, Capella University has established policies for all learners regarding financial aid satisfactory academic progress, financial aid warning, financial aid probation, and the financial aid appeals process. See University Policy 3.01.05 Financial Aid Satisfactory Academic Progress for more information.
FlexPath Option and Course Progression Requirements
Financial aid recipients enrolled in a program with the FlexPath learning format must meet progression requirements to continue to receive financial aid disbursements. There are two models within the FlexPath format that impact the financial aid progression requirements.
FlexPath Model A:
All learners who started their program before Oct. 1, 2022, are in FlexPath Model A. The minimum progression requirements to maintain eligibility are as follows:
PROGRAM LEVEL
|
MINIMUM PROGRAM POINT ENTROLLMENT
|
24-WEEK PROGRAM POINT ENROLLMENT
|
48-WEEK PROGRAM POINT REQUIREMENT
|
Graduate Learners
|
1.5 program points
|
4.5 program points
|
9 program points
|
Undergraduate Learners
|
3 program points
|
9 program points
|
18 program points
|
Progression is evaluated at weeks 24 and 48 of the learner’s academic year. If progression is not met, the payment period end date may be extended, disbursements may be delayed, and there may be a loss of financial aid eligibility.
FlexPath Model B:
All learners who started a new program or changed their program after Oct. 1, 2022, are in FlexPath Model B.
The minimum progression requirements for each 12-week billing session/term to maintain eligibility are as follows:
PROGRAM LEVEL
|
MINIMUM PROGRESSION REQUIREMENTS
|
Graduate Learners
|
1.125 program points
|
PROGRAM LEVEL
|
MINIMUM PROGRESSION REQUIREMENTS
|
|
Half-time Enrollment Level
|
Full-time Enrollment Level
|
Undergraduate Learners
|
2.25 program points
|
4.5 program points
|
Enrollment Level:
All learners will start their program at a half-time enrollment level for financial aid purposes and be packaged based on their half-time Pell grant eligibility. To change to a full-time financial aid enrollment level a learner must first demonstrate success at maintaining the full-time program point requirements of 4.5 points per billing session.
Refund Procedure for Financial Aid Recipients
Learners receiving financial aid should contact the Financial Aid Support Team before canceling course registration and requesting a refund. They may be required to pay back all or part of the financial aid award prior to receiving any tuition refund from Capella University.
Return of Title IV Policy
Financial aid recipients who completely withdraw from their program or drop all of their courses prior to the 60 percent point of a term are subject to the Federal Return of Title IV Funds policy regulations for any federal aid not earned. Details of actual refund calculations are available upon request from the Financial Aid Support Team. Financial aid funds will be returned to the appropriate agency.
Undergraduate learners will have funds returned in the order of:
1. Unsubsidized Direct Loans
2. Subsidized Direct Loans
3. Parent PLUS Loans
4. Federal Pell Grants
5. Federal Supplemental Educational Opportunity Grants (FSEOG)
Graduate learners will have funds returned in the order of:
1. Unsubsidized Direct Loans
2. Graduate PLUS Loans
Financial aid eligibility is in direct correlation with course participation. If learners withdraw from Capella and have received financial aid, specific procedures will be followed, which can be found in the Return of Title IV Funds Procedure located on Campus.
Scholarships
Capella University offers scholarships to new learners, currently enrolled learners and alumni. Eligibility rules apply. Connect with us for details or visit Capella Scholarships or Campus for more information.
External scholarship search engines are available on Campus. Scholarships found using these search engines are not sponsored by Capella.