inancial Aid Awards - Financial Aid Guide

Financial Aid Awards - Financial Aid Guide

Once your financial aid eligibility is determined, a financial aid package is prepared. This package is usually a combination of grants, work and loan programs. The amount of financial aid awarded depends upon the availability of funds, the number of eligible applicants, the date your financial aid file is completed and your determined eligibility. Remember, files completed by March 1 will receive priority consideration, while files completed after that date are subject to available funding.

If you qualify for financial aid, a financial aid award letter will be mailed to you, apportioning the total aid awarded between the fall and spring semesters. If you are an incoming student (who has been accepted), have met the March 1 deadline, and have a complete file, you can expect to receive an award letter by mid-April. If you are a returning student and have met the March 1 deadline, you can expect to receive an award letter by mid-June. Students who apply late will receive notification of their awards once their files have been reviewed; these awards are subject to the availability of funding.

Upon receipt of your award letter, read it carefully, and follow all accompanying directions.

It is your responsibility to notify the Financial Aid Office of all financial assistance for education received from other sources. If you have not previously reported this aid, you may do so on the back of your award letter before returning it to the Financial Aid Office.

All types of outside assistance must be taken into account in the financial aid package. Outside assistance received after the awards are made by the Financial Aid Office may cause the financial aid package to be adjusted if these funds are in excess of the financial aid eligibility. See the section in this guide on “Outside/Private Scholarships or Financial Assistance” for further information.

 

Last Modified: November 4, 2008