About Financial Aid
The BYU-Idaho Financial Aid Office is here to help you understand your financial aid options, process your financial aid, and release your funds to the BYU-Idaho Bursar’s Office. The Bursar’s Office then applies the funds to any charges on your student account and releases any remaining funds to you. Financial aid encompasses all financial resources (i.e. federal grants, student loans, scholarships, etc.)
We want to help you; whether you’re a new freshman, a transfer student, or a continuing student; you can easily understand the financial aid options available for you.
How can I use financial aid money?
Financial aid funds are to be used for educational expenses.
Intended uses: (not a complete list)
- Tuition and class based fees
- Books and school supplies
- Outstanding school balances
- Living expenses
*Certain financial aid awards, such as some private scholarships, have requirements limiting their use to cover tuition only.
What if I have questions?
Our financial aid counselors are available to answer your questions, educate you about financial aid opportunities, and help you through the financial aid process.
Financial Aid Counselors are available on Mondays-Friday from 8am-5pm.
Students may contact a Financial Aid Counselor over the phone, by email, or in person at the Financial Aid Office in Kimball 100.
Contact the Financial Aid Office
Monday - Friday
8:00 am - 5:00 pm*
Tuesday - closed for Devotional
1:55 pm - 3:05 pm
Thursday - closed for Forum
1:55 pm - 3:05 pm
*Walk-in counseling appointments are not available after 4:45 pm
Live Chat Hours
7AM - 7PM
100 Kimball Building 1610
Rexburg, ID 83460
The FAFSA is the Free Application for Federal Student Aid. The FAFSA determines your eligibility for federal aid, which includes Pell Grants and federal student loans. In order to be considered for any federal aid, you must fill out the FAFSA and any additional documents requested to verify your information. For information on eligibility of non-U.S. citizens, please click here. If you are a Pathway student, please click here.About the FAFSA
The FAFSA is the Free Application for Federal Student Aid. The FAFSA determines your eligibility for federal aid, which includes Pell Grants and federal student loans. In order to be considered for any federal aid, you must fill out the FAFSA and any additional documents requested to verify your information.
The FAFSA needs to be submitted at least three months before you start school each academic year in order to receive funds by the tuition payment deadline.
Steps to filling out the FAFSA:
- Go to the FAFSA website to fill out and submit the FAFSA.
- Wait one week and check your Document Tracking for any additional requested documents.
- Complete any necessary documents and turn them in to the Student Financial Aid Office.
- Check your Financial Aid Awards section and your BYU-I email for notification of awards.
Federal Pell Grant funds are awarded to degree-seeking students based on financial need. Need is determined by the information you provide on your FAFSA.
Pell Grant funds do not need to be repaid. Pell Grant amounts are limited to the monetary equivalent of two full-time semesters (on or off track). Federal Aid awards are only valid for one academic year. A new FAFSA must be completed every year.
Federal Student Loans
A loan is money you may borrow to help pay for college; these funds must be repaid. In order to qualify for a federal student loan, you must fill out the FAFSA. Loans are valid for one academic year.
The accepted loan amount is generally split between your two on-track semesters. There are two types of loans awarded through the FAFSA – direct subsidized and direct unsubsidized. You will need to re-apply every academic year by completing a new FAFSA.
Financial Planning 101
Check here for helpful tips on budgeting and building good financial habits.Planning Tips
The First Presidency encourages us all to pay tithes and offerings, avoid debt, use a budget, build a reserve, and teach others.
The first step to planning for college and creating a budget is knowing what resources you have. You are your greatest resource. To receive federal aid and scholarships YOU must take action!
Begin with a budget using the steps below:
- List your resources (money coming in) and their amounts
- List your expenses (money being spent) and their amounts
- Subtract your total expenses from your total resources and evaluate where necessary. This is your bottom line. Adjust your expenses as needed to create your budget.
- If you have a negative number, you need to either find more resources or cut back on your expenses.
- Prioritize! Resources should be allocated to the “needs” first. Then whatever is left over can be used on “wants”. Ask yourself, “What is essential? What is nonessential?” Rent and living expenses should always be paid first.
Make informed decisions! Learn as much about financial aid as you can so you can be better prepared.
Consider getting a job to support some of your expenses. Listings for available jobs on campus can be found here.
"Live like a college student now so you don't have to live like one later!" - Dave Ramsey
Non-BYUI scholarships are offered by various outside entities. These scholarships are listed as a courtesy to you and are not endorsed by BYU-Idaho.Non-BYUI Scholarships
Students who find themselves needing more money than what they are eligible to receive from FAFSA, BYU-Idaho scholarships, their savings, and the money they’ve earned from working, can look to outside sources for scholarships.
The Department of Education has provided some basic guidelines for students who are applying for scholarships outside of their university. Visit their website to find out what scholarships are available, how to apply, and tips on being safe while applying.
The writing center on campus provides opportunities for students to have their work peer reviewed. Students on campus can walk-in or make an appointment at the writing center. Online students can chat or Skype with representatives.
Watch their videos to learn more about writing great essays.
Don’t ever pay to receive scholarships or to fill out your FAFSA. Save your money for college.
Review the Department of Educations' information on Avoiding Scams before applying for any type of financial aid.
Outside Scholarship Opportunities