Financial Aid

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

To log in to Banner Self-Service, click here

After you log into Banner, login to Secure Area to submit a Financial Aid or a Scholarship application. 

Prospective students should first create a username and password using the Signup Link. Make sure to save your username and password

If you face any technical issues, contact AUC support team at t: +20.2615.1200 or email support@aucegypt.edu.

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.

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

Make sure to visit the Student Service Center to submit all the supporting documents below that are applicable to your case after submitting your application, otherwise, your application will not be evaluated.

For Income

  1. HR letter of father/mother with net annual income for the prior year after deducting taxes and social insurance if father/mother is employed. The letter must clearly state all variables (e.g. bonus, profit shares, and others). Any loan payments should not be deducted from the father’s annual income. Monthly salary statements or monthly payslips are not accepted.
  2. Official statement of father/mother pension if father/mother are retired.
  3. Business or clinic net annual income/loss statement from the certified public accountant (CPA) for prior year if father/mother are self-employed after deducting taxes and business-related expenses.
  4. Updated rental contract of real estate generating income.

For Family Expenses

  1. Loans or installments statement, including the schedule of payments and maturity date.
  2. Siblings' school/university enrollment letter, clearly stating their annual tuition and bus fees for the prior year. Payment receipts are not valid.
  3. Up-to-date residence rental contract.
  4. Medical reports and medical payment receipts and/ or insurance premium.

Required Supporting Documents for Graduate students

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

For expenses:

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

Other required documents:

  1. Up-to-date statement from the social insurance office to prove unemployment status (like uninsured) if student/spouse is unemployed. A copy of their national ID is not valid.
  2. Proof of unpaid leave.
  3. Proof of student loans for international students.

Institutional financial aid awards are usually for one academic year; you must submit a Renewal form 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 finschol@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 2020 is available for all degree-seeking undergraduates who wish to apply for financial aid starting September 26, 2019 The deadline for undergraduates financial aid is October 31, 2019.

Students who wish to apply after the announced deadline, will only be considered upon availability of funds.

Graduate Students
The financial aid application for spring 2020 is available for all degree-seeking graduates who wish to apply for financial aid starting September 26, 2019. The deadline for graduate financial aid is November 3, 2019.

Students who wish to apply after the announced deadline, will only be considered upon availability of funds.

Undergraduate Students
The financial aid application for fall 2020 is available for all degree-seeking undergraduates who wish to apply for financial aid starting December 15, 2019. The deadline for undergraduates financial aid is April 1, 2020.

Graduate Students
The financial aid application for fall 2020 is available for all degree-seeking graduates who wish to apply for financial aid starting December 15, 2019. The deadline for graduate financial aid is April 15, 2020.