First-Year

Affordability

Many students just like you—and families just like yours—have discovered that PLU is affordable. Once scholarships and other financial aid options are factored in, many students find their cost to attend PLU is comparable to the many other institutions they may consider—even state schools.

Financial aid is money from federal, state, university and independent resources, includes scholarships, grants, loans, and work study, and can be used to help pay for tuition, room and meals, books, and other college-related costs.

PLU Financial Aid Facts:

97% of PLU students qualify for some kind of financial aid

In 2013, the average financial aid offer was $26,844

More than 75 million dollars in financial aid are administered to PLU students each year

Scholarships & Grants

Scholarships and grants don’t have to be re-paid. At PLU, there are two kinds of scholarships:

Merit-based scholarships

Merit-based scholarships recognize academic achievement, talent and leadership.

Need-based scholarships

Need-based scholarships and grants come from PLU, state and federal sources based on financial need as determined by the FAFSA.

PLU Scholarships range from $1,000 to full tuition per year.

See PLU First Year Scholarships

Loans

Loans are available to students (and parents) on a need and non-need basis. Many student loans are interest-free while you are in school. A low-interest repayment program begins six to nine months after you graduate.

Work Study

Work study is money you can earn from on- or off-campus jobs and offers you the flexibility to schedule around your classes and activities.

The average work-study award at PLU is $3,600. PLU’s Office of Student Employment offers more than 1,400 work-study jobs on campus.

FAFSA (Free Application for Federal Student Aid)

Completing the online FAFSA is the best way we can build a comprehensive financial aid package for you. The FAFSA is the method the federal government uses to determine how much you and your family can afford to contribute to your education, and how PLU determines what need-based scholarships and grants, as well as loans and work study we can offer in your financial aid package.

Do the Math

Once you have applied for scholarships, have completed the FAFSA, and have your financial aid offer in hand, it’s important to do the math!

PLU has some important resources to help you through the process:

Net Price Calculator

The Net Price Calculator is intended to give prospective students (first-year, full-time, undergraduate only) an estimate of out-of-pocket cost after the average PLU financial aid award is deducted.

The calculator is a useful tool, but only provides an estimate. To find out your actual award, you’ve got to apply!

Do the Math Worksheet

This worksheet  shows you how to calculate your total out-of-pocket expenses for PLU, as well as how to compare your PLU financial aid offer to the offers of any other colleges you are considering.

Financial Aid Conversation

PLU Admission Counselors and Financial Aid Counselors are here to walk you through your financial aid offer and answer any questions you have. It’s easy to set up an appointment – call 253-535-7151 for an in-person or over-the-phone financial aid conversation.