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Arizona Financial Aid Trust (AFAT) Grant

Arizona public universities (ASU, NAU, U of A) under A.R.S. 15-1642; funded by student fees and the Arizona Legislature

Apply any time

Need-based grant for Arizona-resident undergraduates at the state universities, funded by student fees matched 2:1 by the Legislature (ASU: up to $4,000 per year).

How much
Varies by university; ASU states up to $4,000 per year
Who qualifies
  • Arizona resident (state-funded portion); undergraduate at ASU, NAU or the U of A; demonstrated financial need from the FAFSA; NAU additionally requires a first bachelor's degree, at least 6 credit hours and satisfactory academic progress.
  • For students starting college, undergrads
  • Need-based: your FAFSA decides how much you get.
When to apply
Apply any time FAFSA-driven; university priority dates: ASU March 1, NAU April 15 (fall) / October 15 (spring starters). Limited funds, first-come.
How to apply
  1. File the FAFSA early (ASU: by March 1
  2. NAU: by April 15 for fall) listing your Arizona public university
  3. No separate application
  4. The university's financial aid office awards it from the FAFSA
What you'll need
FAFSA only
Last checked
October 5, 2026, against the official page (tuition.asu.edu), page 2 and page 3
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The details

The Arizona Financial Aid Trust is a state-law program (A.R.S. 15-1642): each dollar of a small student registration surcharge is matched by $2 appropriated by the Legislature, and at least half of the immediate-aid money must go to grants for students with verifiable financial need. State-appropriated money may only go to Arizona residents. Each university awards it through its financial aid office from the FAFSA, with its own amounts and dates. ASU: 'Financial Aid Trust Grant' for undergraduates from Arizona or from underrepresented populations with significant need, up to $4,000 per year, FAFSA by March 1. NAU: 'Financial Aid Trust Grant' for Arizona residents pursuing a first bachelor's degree, enrolled in at least 6 credits, with demonstrated need, FAFSA by April 15 (fall) or October 15 (spring-only starters). Funding is limited and not guaranteed even when the criteria are met.

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