The primary purpose of the University's financial aid program is to provide financial assistance to its students who, without such aid, would be unable to further their educational goals. The financial assistance offered may not always meet the student's total financial need. It is the student's and family's responsibility to pay the difference between the student's cost of education and available financial aid. The Financial Aid Office seeks to meet the educational cost of students, to the extent possible, depending upon available funding. All students are encouraged to apply for financial aid. This financial assistance may be in the form of scholarships, grants, loans or work-study employment.
Financial aid eligibility is determined through the use of the Free Application for Federal Student Aid form (FAFSA). To see eligibility view How to Apply for Aid. FAFSA applications are available on both campuses of the University, in local secondary schools and on the Internet at www.fafsa.gov. In completing this form, the students are expected to provide information on their own income and assets, family income and assets, and un-taxable income (Workers' Compensation, disability, etc.) The need analysis formula used in analyzing the information on the financial aid application measures the ability (not the willingness) of students and their families to contribute toward educational costs.
NOTE: At UVI, financial aid does not cover costs associated with the following: Admission applications, enrollment deposits, and or transcripts.
UVI's Federal School Codes are: 006989 (St. Croix) and 003946 (St. Thomas)