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Financial Aid

Financial Aid: Funding Your Education

Higher education is an important investment in your future. Abraham Lincoln University provides you with the resources and information necessary to make the best decision for your needs; we make finding aid simple, allowing you to reach your goals without taking on undue financial hardship. Our Financial Aid Office is available to help explain your educational costs and to help you create a comprehensive financing plan that meets your budget and educational goals. The options include enrolling in our 0% interest payment plans or applying for federal financial aid. The information below about federal financial aid can help you get started.

ALU offers Title IV federal student financial aid to eligible students in the following programs:

  • Bachelor of Science in Business Administration
  • Bachelor of Science in Criminal Justice
  • Bachelor of Science in Legal Studies
  • Master of Science in Law
  • Master of Science in Criminal Justice
  • Master of Business Administration
  • Doctor of Business Administration
  • Juris Doctor
For more information about financial aid for our Juris Doctor program, please click here

For more information about financial aid for select University programs, please click here.

For assistance with your financial aid application or other questions, contact ALU’s Director of Financial Aid at 213-252-5100 x205 or finaid@alu.edu. We look forward to hearing from you!

Financial Aid Eligibility Requirements

Financial Aid is available to those who qualify. To be considered eligible, the following must apply:
  • Valid Social Security Number, except for students from the Freely Associated States (e.g. Marshall Islands, Federated States of Micronesia, and the Republic of Palau).
  • U.S. citizen, national, or eligible non-citizen
  • High school diploma or equivalent
  • Males between the ages of 18 and 25 must be registered with Selective Service
  • Maintaining satisfactory academic progress while attending ALU
  • Satisfactory repayment status of prior Federal student loans
  • Satisfactory payment arrangements of prior Federal grant overpayments
  • Enrolled in an eligible program of study

How to Apply

  • Complete the Free Application for Federal Student Aid (FAFSA) online at www.fafsa.gov. Be sure to include ALU’s school code 042438 in the School Section of the FAFSA. If you have already completed the FAFSA, update it online to include the ALU school code). The FAFSA must be completed each year.
  • Additional documentation may be required by the ALU Financial Aid Office; if so, you will be notified via email.    
  • Students who wish to borrow federal student loans must also complete a Master Promissory Note (MPN) and Entrance Loan Counseling at www.studentloans.gov.
Timeline for Applying
Applicants are encouraged to complete the FAFSA when they apply for admission to ALU and no later than 3 weeks before the start of school. After a student is admitted, the Financial Aid Office will receive the applicant’s FAFSA information in 2-3 days. The Financial Aid Office will then determine the student’s financial aid eligibility and send the student a Financial Aid Award notification via email within 1-2 weeks. The student must sign and return the Award notification to indicate that they accept the financial aid award(s). The first disbursement of financial aid funds will occur during the second week of the student’s first semester in the program.

Types of Financial Aid Available at ALU

Federal Direct Loan Program

Federal Direct Loans are made directly from the U.S. Department of Education to students through the William D. Ford Federal Direct Loan Program. The two types of Direct Loans available at ALU are Subsidized Stafford Loans and Unsubsidized Stafford Loans. These loans offer a low, fixed interest rate with flexible repayment terms; these loans MUST be paid back.

Federal Direct Unsubsidized Loans offer students a low, fixed interest rate and flexible repayment terms. Demonstrated financial need is not required to qualify; a credit check or cosigner is also not required. Interest begins to accrue at the time of disbursement to the student’s ALU account. Students are responsible for repaying the entire amount of the loan, including the interest accrued during all periods. Students may choose to pay the interest while enrolled in school; if not, the interest will be capitalized (that is, the interest will accumulate and be added to the principal amount of the loan).

Federal Direct Subsidized loans are awarded based on demonstrated need as a result of your FAFSA information. The federal government pays (subsidizes) the interest on the Federal Direct Subsidized Loan as long as the student is enrolled half-time and during authorized deferment periods.

Annual Federal Direct Loan Limits*

The amount you can borrow from the Direct Loans program is subject to annual and aggregate loan limits set by the U.S. Department of Education. Annual limits specify how much you can borrow each academic year. Aggregate limits specify how much you can borrow cumulatively through the Federal Direct Loan program.

Undergraduate – Bachelor’s degree – Dependent Student
 Subsidized LoanUnsubsidized Loan
1st year$3,500$2,000
2nd year$4,500$2,000
3rd year$5,500$2,000
4th year$5,500$2,000
Undergraduate – Bachelor’s degree – Independent Student
 Subsidized LoanUnsubsidized Loan
1st year$3,500$6,000
2nd year$4,500$6,000
3rd year$5,500$7,000
4th year$5,500$7,000
Graduate – Master’s, DBA, and JD
 Subsidized LoanUnsubsidized Loan
Per yearN/A$20,500

*These figures represent the maximum annual borrowing limits; not all students will qualify for the maximum amount.

Federal Pell Grant Program

The Federal Pell Grant program is a need-based grant from the federal government that does not have to be repaid. It is designed to help undergraduate students who have not earned a bachelor’s or a professional degree and who can demonstrate need as determined by the Department of Education. The amount of the student’s Federal Pell Grant award is based upon need, the cost of attendance, enrollment status, and annual federal funding of the Federal Pell Grant program.

ALU does not participate in the Federal Direct PLUS loan program (Parent PLUS or GRAD PLUS).

Contact Us

Abraham Lincoln University is committed to providing the information and resources necessary to help every student seeking financial assistance to achieve educational success. Please do not hesitate to contact us if you have any questions about financial aid.

Financial Aid Administrator
213-252-5100 x205

Office hours: Monday-Friday, 9:00 a.m.-6:00 p.m., PT

Financial Aid Resources

Learn more about student loan repayment, how to use the IRS Data Retrieval Tool, and find links to important forms.


Have some questions? ALU's financial aid offices are open Monday-Friday from 9 a.m.-6 p.m. PST. Review our FAQ page to learn more about our school and making the right choice for your needs and goals.

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