For many adult students with family and other obligations, paying for each course out-of-pocket simply isn’t an option. Financial Aid helps make earning your education a possibility without the strain of major up-front costs.

Depending on your program and current career, you may be eligible for tuition assistance through your employer or loan forgiveness after graduation. You may use one or several types of aid to finance your education. Some types require applications, additional paperwork, and more to be considered.

Similar to scholarships, grants are a form of aid that does not require repayment. These are often need-based gifts that apply to your student account.  Students may be eligible for the Federal Pell Grant and the Oklahoma OTAG Grant.

Loans can be provided through the federal government or a private institution. This form of aid must be repaid over time. Depending on the type of loan received, you may or may not need to begin payments while you are in school. The type of loan also affects whether or not interest accrues while you are a student. Most students prefer subsidized loans to unsubsidized loans and federal loans to private loans due to interest rates and repayment options.

Scholarships are provided by the university or other organizations are given as a gift in support of your education. These do not need to be repaid, but may come with stipulations such as major or GPA. To learn more about scholarships you may be eligible for, click here.

Assistantships offer a benefit to graduate students in return for work in certain areas. The time commitment and amount of aid provided vary depending on the assignment and available funding. SNU has a very limited number of assistantships available, mainly working in athletics.

How do I file a FAFSA?
Visit, create an account, and complete the form using school code 003149. Hovering your mouse over the information icon will provide additional information on each step. If you filed your taxes electronically, you may be able to have the application autofill with last year’s information. This site provides help for common questions.

Have I missed the cutoff to file my FAFSA?
You are required to complete your FAFSA before the end of your last class or by the deadline of June 30 of the current academic year, whichever is sooner. We recommend filing your FAFSA at least a month before your first class starts, even if you aren’t planning on using loans, to get quick answers on the amount of aid available to you.

How much money do I qualify for?
The amount of aid you receive depends on multiple factors, including your ability to pay for your education, tuition rates, and more. To receive an accurate amount, complete the FAFSA and connect with our financial aid office by emailing Completing a FAFSA does not commit you to enroll in a degree program.

What’s the difference between grants and loans?
Grants are generally provided by the government for students with substantial need. These do not need to be repaid, but rather should be seen as a gift toward your education. Loans may be provided by a private institution or the federal government. Depending on the provider, you may have to begin repaying the loans immediately or wait until graduation, as long as you are enrolled full-time.

What’s the difference between subsidized and unsubsidized loans?
Subsidized loans do not accrue interest while you are enrolled as a student. Six months after you cease to be at least a half-time student, the loan will begin accruing interest.

Unsubsidized loans begin accruing interest upon disbursement. No payment is required during the time you are in school, however, you will receive quarterly interest statements from the Department of education and can pay the interest which has accrued on your unsubsidized if you like.

When will my loans pay to my account? How quickly will I get my refund?
Your student loans will be paid to your student account on the Monday closest to your second class (usually about six weeks after classes begin). If a credit balance is created, it will be available to pick up at our Bethany Campus on the following Monday or it will be mailed to your address of record on the following Tuesday.

I’ve been chosen for Verification–now what?
Being chosen for verification can feel scary, but it is simply a step taken to ensure aid is being provided as intended. In fact, about a third of all applicants are selected. You will need to provide several documents to show the accuracy of your FAFSA. At SNU, we use a service called ProVerify to make this process simple for you. Once you are selected, they will email you at your SNU email address and guide you through the steps.

What’s an EFC and what does that mean to me?
EFC stands for Expected Family Contribution. It is the amount based on your income and assets the government estimates you should be able to put toward your education. For undergraduate students, is determines whether you are eligible for a Pell Grant and how much that Pell Grant will be. It also determines, when used with your Cost of Attendance, the breakdown between your Subsidized and Unsubsidized Loans.


Connect with our finanical aid office to ask questions about your unique situation and receive personalized advice.

SNU Financial Aid Office
Lower level Bresee Hall
Southern Nazarene University
6729 NW 39th Expressway
Bethany OK 73008
(800) 648-9899 or (405) 491-6310