Federal Financial Aid
You can use grants and loans from the federal government to pay for your Verto education.
Federal Financial Aid?
Each year, the US Department of Education provides over 120 billion dollars to help students pay for college tuition. Eligibility for federal loans and grants is determined based on the financial need of students and their families.
In order to determine your eligibility for federal aid, you must complete the Free Application for Federal Student Aid (FAFSA). Verto and our partner colleges use your FAFSA data to determine your federal aid eligibility. Verto also uses FAFSA data to award our own aid and scholarships.
How to Submit Your FAFSA
Each college or university will have unique deadlines for FAFSA submissions, but most require that you file before March 1 to qualify for aid in the fall semester.
Gather Your Information
Before you start, talk to your parent or guardian about your family finances or ask them to complete it with you. If you have all your information collected, FAFSA should only take about 30 minutes to fill out.
- Set-up Your FSA ID Number
- Complete the FAFSA Form
- Add Verto to Your FAFSA
You can automatically send your FAFSA data to Verto. When you fill your FAFSA, just add the code 003707 where the form asks for schools that you want to receive your FAFSA information. The code 003707 is for Verto and our partner school, Richard Bland College (RBC). Richard Bland is the school of record for Verto, so you’ll see their name generated when you use the code.
- Receive Your Federal Aid Package
In two weeks or less, FAFSA will send you an email to log in and view your Student Aid Report (SAR). This document gives you basic information about your federal financial aid eligibility.
- Apply Your Financial Aid to Verto
Set up a call with a Verto Admissions Counselor to go over your Student Aid Report and finalize your aid package from Verto and Richard Bland College.
Grant & Scholarship Opportunities
Verto makes college more accessible by offering programs at different price points to fit different family budgets. We also provide need-based grants and merit-based scholarships.
All Students Can Save $500 on Tuition by Enrolling Before March 15th
Opportunity Grant for
Costa Rica & Hawaii
The Verto Opportunity Grant is for families who have household incomes between $0 and $125,000. For families who qualify, we offer $5,000 or $10,000 grants for the Costa Rica or Hawaii programs, awarded on a rolling basis and based on fund availability. The Opportunity Grant can reduce the program cost to $5,000 for Latin America and $12,500 for Hawaii, including tuition and room and board.
Change the World
International Honors Program
The Change the World year-long international honors program is an academically rigorous, internationally immersive, and life-changing experience for students who want to change the world. We offer competitive need and merit-based grants for successful applicants.
The Verto International
The Verto International Leadership Award is designed for graduating high school seniors who have performed service in their community, hold an appreciation for diversity, and have a strong interest in global economic, health, education, or humanitarian issues.
- Awards range between $1000 and $5000 per student
How to Apply
You must be nominated by a high school counselor or teacher.
By nominating a student for this award, the school counselor has recognized that the student has immense potential, demonstrated service in their community, an appreciation for intercultural diversity, and an interest in global economic, health, education, or humanitarian issues.
Using Other Scholarships to Fund Your Verto Semester
Beyond federal aid and Verto’s own scholarships, you may have received additional scholarships. We applaud your achievements and accept external scholarships toward the cost of your Verto tuition, provided that they can be used at institutions outside
your home state.
Looking for External Scholarships?
Here are Some Helpful Resources
We also recommend you reach out to your local community for scholarship or grant opportunities, such as local businesses and community organizations.
Federal Pell Grant
This grant never needs to be paid back, and is awarded to students who have the lowest Expected Family Contributions and highest financial need.
For the 20-21 school year, the maximum Pell Grant amount awarded was $6,345 for the school year.
Federal Direct Student Loans
These are subsidized (need-based, no interest) and unsubsidized (non-need-based , low-interest) federal loans. Dependent freshmen can borrow up to $5,500 per school year total; loan amounts increase during the sophomore and junior years, and independent students can borrow higher amounts.
Federal Direct Parent PLUS Loan
This is a loan that credit-worthy parents can apply for to help pay the cost of education for their dependent undergraduate children.
Once you’ve been awarded financial aid by Verto’s partner, Richard Bland College, you’ll need to formally accept that aid in order to apply it to your Verto semester tuition. Get started by reading the How to Accept Your Aid Guide.
Yes – if you are using Parent Plus Loans, these will be processed by Richard Bland College (RBC) and be available once your financial aid has been processed. This loan has a fixed interest rate of 5.30% for the 2020-2021 year. The credit check for the Parent PLUS loan (through www.studentloans.gov) is good for 120 days.
If you are planning to use private loans, the lender will require you to connect them with your school of choice. For this purpose, you’ll direct them to or list your school as Richard Bland College of William & Mary. Richard Bland College (RBC) does not have a preferred lender list; however, many students use lenders such as credit unions, banks, or lenders such as Sallie Mae. If your loan is approved, then your lender can fax the loan certification directly to the RBC Financial Aid Office at (804) 862-6260.