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.
Federal School Codes
St. Croix: 006989 St. Thomas/Online: 003946
Getting Started
The Office of Financial Aid is dedicated to simplifying the process of understanding,
obtaining, and securing financial aid for students and parents. We encourage all students
to apply for financial aid.
Tuition and fees, housing, books, supplies, and other expenses are all associated
with a student's cost of attendance.
Financial Aid Tools and Resources
Students can upload required financial aid documents securely at our Portal called
the Financial Aid Document Center. Select the button below to access the portal.
The Free Tuition Scholarship is a VI government-funded program created to make attending
UVI affordable for more Virgin Islands residents. It is available to residents who
graduate from a private, public, or parochial high school regardless of age, graduation
date, or household income. Learn more about how you may qualify.
Financial aid is provided by various agencies to help students meet college costs.
These agencies include federal and local, governments, public and private postsecondary
institutions, community organizations, and private corporations or individuals.
Student loan programs offer long-term, low interest educational loans, which
allow students to deger repayment until after graduation. Grants are gift aid awarded
to students who demonstrate financial need.
2022 Tax Return Transcript(s) or a signed copy of the 2022 tax return, applicable
schedules and W-2 form(s) or verification of non-filing letter.
To request an official 2022 Tax Transcript or Verification of non-filing letter.
For U.S. Virgin Islands Tax Filers Form 4506T must be completed and signed by the tax payer or non-filer and submitted
to the Bureau of Internal Revenue offices. You may also contact the office for assistance.
STT: (340)-715-1040 | STJ: (340)-777-1446 | STX: (340)-773-1040
For U.S. Tax Filers Complete Form 4506T online at www.irs.gov or call 1-800-908-9946.
Federal regulations require that all schools participating in any Federal Financial
Aid program must adhere to a financial aid Satisfactory Academic Progress (SAP) policy.
When a student withdraws from all courses during a semester for which federal financial
aid was received, the student may no longer be eligible for the full amount.
These policies explain the rules and guidelines student should be aware of when considering
institutional withdrawal.
The Offer Information Sheet provides information about financial aid programs including the Federal Pell Grant
and the Federal Supplemental Educational Opportunity Grant (FSEOG).
As a financial aid recipient, you have the right to:
Privacy. All information submitted with your financial aid application will be treated
as confidential.
An explanation of the financial aid process. If you do not understand how your financial
aid award was determined, please contact the Financial Aid Office.
Appeal. Please contact the Financial Aid Office if you believe that your application
for financial aid was not fairly evaluated.
Know the effect of withdrawal/ceased attendance of class from the University and the
impact it will have on your financial aid.
Know the effect that course reductions (dropped courses) will have on your financial
aid.
Know where to go for advice regarding other financial alternatives.
As a financial aid recipient, you have a responsibility to:
Read and pay special attention to applications and all other related materials and
to comply with the application deadlines.
Submit honest and accurate information on all forms.
Promptly respond to requests and inquiries from the financial aid office.
Use financial assistance solely for expenses related to attendance at the University.
Report any financial assistance received from sources outside of the University promptly
upon notification of the award. You are responsible for reporting changes in your
finances. You must notify the Financial Aid Office if you receive scholarships, loans
or grants from any source outside of the University so that your financial aid may
be reappraised. The Financial Aid Office is required by law to consider all sources
of aid when awarding federal student aid funds.
Maintain Satisfactory Academic Progress(SAP)as defined in the University's policy.
Report any changes in your name, local and/or permanent address, and marital status
to the Financial Aid and Academic Services offices promptly.
Submit additional materials and documentation, if you (and your spouse/parents, if
applicable) are selected for verification.
Repay your loans. Acceptance of any loan carries a serious legal and financial obligation.
Failure to meet this obligation will adversely affect your credit rating and prohibit
you from receiving federal financial aid in the future. Student who are first-time
borrowers are required to complete an online Entrance Interview before receiving any
loan funds. Borrowers are also required to complete an online Exit Interview before
leaving school. During the Exit Interview we will explain the various repayment options
and types of deferments available. The online interviews can be complete at https://studentaid.gov/
Report changes in your student status. If you change your address, drop below full-time
status, or withdraw from school you must notify the Financial Aid Office as soon as
possible.
Keep copies.
For U.S. Virgin Islands Tax Filers
Form 4506T must be completed and signed by the tax payer or non-filer and submitted
to the Bureau of Internal Revenue offices. You may also contact the office for assistance.
Complete Form 4506T online at www.irs.gov or call 1-800-908-9946.
How do I apply for financial aid; and when is the application available?
You will be required to complete the Free Application for Federal Student Aid (FAFSA)
at www.fafsa.gov or www.studentaid.gov. You must apply for financial aid for each
academic year and the application is available on October 1st annually. To complete
the FAFSA you will need to create an FSA ID. The FSA ID consists of a user-created
username and password.
What documents do I need to complete the FAFSA?
When completing the application, applicants and parents should have their financial
documents on hand. In addition to financial documents applicants should have the
following:
Student driver’s license (if applicable)
Student Alien Registration Card (if applicable)
Student and Parent (tax information)
Social Security cards
W-2 forms and other records of money earned
Records of untaxed income
Current bank statements
Business, farm, and other real estate records
Records of stocks, bonds, and other investments
Are only U. S. citizens qualified for financial aid?
No. Non-citizens who have permanent citizenship or a green card and a valid social
security number are eligible for financial aid.
If I did not file taxes, can I still complete the FAFSA?
If you are not required by law to file a tax return, you can still complete the FAFSA.
However, you will be required to provide any source of income or benefits earned.
How can I contact the federal processors about my FAFSA?
1-800-4FED-AID or (1-800-433-3243)
What is UVI's Federal School Code?
The University of the Virgin Islands has two school codes. Use only ONE code on your
FAFSA.
006989 - Albert A. Sheen (St. Croix Campus)
003946 - Orville E. Kean (St. Thomas/UVI Online Campus)
What is the early application deadline?
March 1 is the priority deadline. An application submitted after June 1 is considered
late and can be subjected to processing delays.
Why should I file by the University's priority deadline?
By filing your application by this date, you may qualify for campus-based aid such
as the Supplemental Education Opportunity Grant, UVI Grant, and Work-study/Student
employment. These programs are limited in funding and are only awarded to students
who meet this deadline and have completed all their financial aid requirements.
How do I apply for UVI scholarships?
UVI scholarships are available annually for the upcoming academic year. Most scholarships
require a 3.00 GPA to qualify.
When will I receive my award offer?
Once the application is complete and all required documents are submitted, newly admitted
students will begin receiving notification in May and returning or continuing students
will begin receiving notification in June.
I attend college part-time, will I still be eligible for Financial Aid?
Once eligible, financial aid is available for part-time as well as full-time students.
Part-time students can receive Pell Grants and Direct Loans. However, students must
be enrolled at least for 6 credits in order to have a Direct Loan disbursed/paid.
Can I receive Financial Aid for summer classes?
You may have remaining eligibility for a Pell Grant if you attended part-time during
the academic year or were enrolled for one semester only. You may also apply for a
direct loan if you did not exceed your loan limits for the loan period and used up
your full loan eligibility. Be sure to check with the Financial Aid office.
If I completely withdraw from classes, will this affect my financial aid?
If you completely withdraw from all classes, a Title IV withdrawal calculation will
be done to determine the amount of financial aid that must be repaid.
Does UVI offer a Net Price Calculator?
Yes. UVI uses the U.S. Department of Education-sponsored Net Price Calculator. The
Net Price Calculator is available from the Financial Aid homepage - and from this
direct link: UVI NET PRICE CALCULATOR
Providing Financial Assistance
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.
