Financial Aid

 

Need-Based Awards

AUC has a strong commitment to continually seek new ways to provide access for students who demonstrate financial need. Need-based financial support enables AUC to attract gifted students from diverse backgrounds, regardless of their financial circumstances, and provide them with an education that empowers them to create positive change in Egypt and the world.

For Undergraduate Students:

To be eligible for institutional financial aid awards as an undergraduate student, you must:

  • Be a degree-seeking, full-time candidate (not less than 12 credit hours per semester)
  • Have submitted your AUC application for admission and received an AUC ID number
  • Demonstrate financial need
  • Not be on probation (cumulative GPA not less than 2.0 for current undergraduate students)

For Graduate Students:

To be eligible for institutional financial aid awards as a graduate student, you must:

  • Be a degree-seeking candidate
  • Have submitted your AUC application for admission and received an AUC ID number
  • Demonstrate financial need
  • Not be on probation (cumulative GPA not less than 3.0 for current graduate students)

Non-degree Students are not eligible for financial aid.

Institutional financial aid awards are given in the form of a fixed amount that will be credited to eligible students' accounts. Undergraduate and graduate students must reapply for institutional financial aid every academic year if they continue to demonstrate financial need. Graduate students will receive the institutional financial aid awards after deducting any other awards. PhD and EMBA students are not eligible to apply for institutional financial aid. 

 

In awarding financial aid, we take into consideration your individual circumstances, the demand for aid from all students and University resources. The financial aid application and supporting documents are reviewed and verified.  Students or their parents may be asked for an interview or to submit additional documents.

 

Complete the financial aid undergraduate or graduate application on Banner Self-Service and submit all the required documents. It is very important to read instructions carefully before filling out the application. Applications that have missing information or missing documents will be considered incomplete and will not be evaluated.

Important Note: Please make sure to complete all sections of the application and upload ALL documents before you submit the application. 

To view the steps on how to fill the financial aid application, watch this video.

Important links in the video:

To create a Banner Self-Service account, follow this link.

To log in to Banner Self-Service, click here. 

 

Read the financial aid tips to help you complete the online financial aid application successfully. Please note that incomplete applications that have missing or inaccurate information will not be processed. To view the tips, click here.

 

  • To upload your documents, click on “upload your document here” button, based on your answers in each section.

  • Choose the file you want to upload from your computer then save your document.
  • You can zoom in and out to view your document as you wish.
  • If you need to change the uploaded document, you need to delete the previously added one first before uploading the new one, or else you will get an error message.
  • To delete a document, go to “View your document”, choose “Document” and then click “delete document”.
  • If you need to add pages to your uploaded document, go to “View your document”, click “Page”, and choose whether you need to insert the new page “before” or “after”.
  • Make sure to click “choose file” when uploading, or else you will receive an error message.
  • To know the status of each section click “View Check List”.
  • Go to “View Application Summary” to submit your application.
  • If any section is not complete you will get an error.
  • Once ALL sections of the application are complete and checked, press SUBMIT.
  • You can generate a PDF file of your SUBMITTED application for your reference.

 

Required Supporting Documents for Undergraduate students

Please make sure to upload all the supporting documents below that are applicable to your case before submitting your application, otherwise your application will be rejected.

For Income

  1. HR letter of father's net annual income for prior year after deducting taxes and social insurance.  The letter must clearly state all variables (e.g. bonus, profit shares, etc.). Any loan payments should not be deducted from the father’s annual income. Monthly salary statements or monthly pay slips are not valid (original hard copy may be required upon request)
  2. HR letter of mother's net annual income for prior year after deducting taxes and social insurance.  The letter must clearly state all variables (e.g. bonus, profit shares, etc.). Any loan payments should not be deducted from the mother’s annual income. Monthly salary statements or monthly pay slips are not valid (original hard copy may be required upon request)
  3. Official statement of father's received pension amount if father is retired (original hard copy may be required upon request)
  4. Official statement of mother's received pension amount if mother is retired (original hard copy may be required upon request)
  5.  Business or clinic net annual income/loss statement from certified public accountant (CPA) for prior year if father / mother is self-employed after deducting taxes and business related expenses (original hard copy may be required upon request)
  6.  Complete copy of up to date rental contract of real estate generating income
  7.   Hand written declaration with the family’s savings and annual interest generated from these savings

 

For Family Expenses

  1. Loans or installments statement, including schedule of payments and maturity date
  2. Siblings' school/university enrollment letter, clearly stating their annual tuition and bus fees for prior year. Payment receipts are not valid
  3. Complete copy of up to date residence rental contract
  4. Medical reports and medical payment receipts, in case of expenses that exceed LE 2,000 per family member per year
  5. Proof of annual medical insurance premium

 

Other Required Documents 

  1. Up-to-date statement from social insurance office to prove unemployment status (e.g. uninsured) if father/mother is unemployed. A copy of their national ID is not valid
  2. Death certificate
  3. Divorce certificate
  4. Proof of student loans for international students
  5. Proof of unpaid leave

 

Please make sure to upload all the supporting documents below that are applicable to your case before submitting your application, otherwise your application will be REJECTED.

For Income

  1. HR letter of student's net annual income for prior year after deducting taxes and social insurance.  The letter must clearly state all variables (e.g. bonus, profit shares, etc.). Any loan payments should not be deducted from the student’s annual income. Monthly salary statements or monthly pay slips are not valid (original hard copy may be required upon request)
  2. HR letter of spouse's net annual income for prior year after deducting taxes and social insurance.  The letter must clearly state all variables (e.g. bonus, profit shares, etc.). Any loan payments should not be deducted from the spouse’s annual income. Monthly salary statements or monthly pay slips are not valid (original hard copy may be required upon request)
  3. Business or clinic net annual income/loss statement from certified public accountant (CPA) for prior year if student/spouse is self-employed after deducting taxes and business related expenses (original hard copy may be required upon request)
  4. Complete copy of up to date rental contract of real estate generating revenue

 

For expenses:

  1. Loans and/or installments statement including schedule of payments and maturity date
  2. School/university enrollment letter for children/spouse stating their annual tuition and bus fees for prior year. Payment receipts are not valid
  3. Complete copy of up to date residence rental contact
  4. Medical reports and medical receipts payments, in case of expenses that exceed LE 2,000 per family member per year
  5. Proof of annual medical insurance premium

Other required documents:

  1. Up-to-date statement from Social Insurance Office to prove unemployment status (i.e. uninsured) if student/spouse is unemployed. A copy of their national ID is not valid
  2. Divorce certificate
  3. Death certificate
  4. Proof of unpaid leave
  5. Proof of student loans for international students

 

Institutional financial aid awards are usually for one academic year; you must apply every year if you continue to demonstrate financial need. No financial aid is offered in the summer and winter sessions. Students who did not attend the university for one semester have to email the Financial Aid Office at finaid@aucegypt.edu to review the status of their financial aid awards before the assigned deadline of the financial aid application for their readmission/registration semester.

 

 

Undergraduate Students
The financial aid application for Spring 2019 is available for all degree-seeking undergraduates who wish to apply for financial aid starting September 10, 2018. The deadline for undergraduates financial aid is October 31, 2018 at 4:00 pm.

Graduate Students
The financial aid application for Spring 2019 is available for all degree-seeking graduates who wish to apply for financial aid starting September 10, 2018. The deadline for graduate financial aid is November 15, 2018 at 4:00 pm.