Financial Aid

External Financial Aid Websites

• Free Application for Federal Student Aid (FAFSA) 
  • Free, federal application for student financial aid
  • Determines federal and state aid, as well as some scholarships, both private and institutional
  • Application opens in December 
• Federal Student Aid - Grants, student loans and parent loans
• Federal Student Aid Pin 
  • This does not exist any longer; has been replaced with Federal Student Aid ID, or FSAID
  • The FSAID is required of students applying for aid through the FAFSA
  • Parents/guardians who sign a student’s FAFSA are also required to obtain the FSAID
• Selective Service System (Register) 
  • Federally mandated registration for the military draft
  • The FAFSA can register a student for Selective Service
• Net Price Calculator 
  • A required component of a college or university’s website
  • Shows potential cost of a student’s attendance at that school
• Loans Overview 
  • Students who fill out the FAFSA are guaranteed a certain amount of student loan money per academic year
  • Parents/guardians of FAFSA filers may apply for a federal parent loan to assist their student with costs
  • Alternative, private loans are available to students, parents/guardians and others
• Electronic Master Promissory Note (MPN) - The MPN is required for federal loans to be processed
• Entrance Counseling / Exit Counseling 
  • Entrance Counseling is required from the student in order to create a federal student loan
  • Exit Counseling is required once a student is no longer attending at least half-time
• Financial Aid for Study Abroad - An application is available for students considering study abroad
• Smart Borrowing
• National Student Loan Data System (NSLDS) - Website for student and parent loan histories
• FastWeb - A national scholarship search site
• Loan Calculator - A tool to use to determine potential repayment of federal student loans after graduation or after the student is no longer attending at least half-time
• Student Loan Debt Relief  
• Federal vs. Private Loans - Students should consider the use of federal student loans before accessing private loans, but it always remains the choice of the student and parent/guardian as to which source of loans will be used 

   

  Refunds 

  • Money that is left over in the student’s account after the balance has been paid
  • The Office of the Bursar is in charge of processing these refunds to the student’s designated direct deposit account
  • In the absence of a direct deposit account, the Office of the Bursar will issue a paper check to the student
  • All refunds that result because of a Parent PLUS Loan and are designated to the parent/guardian will be issued in the form of a paper check and mailed