To apply for federal financial aid, you will need to complete the Free Application for Federal Student Aid (FAFSA). This application is used to determine which federal aid programs you will be awarded. You can apply online at www.fafsa.gov.
Federal student aid programs are based on the concept that it is primarily your and your family's responsibility to pay for your education. Because a dependent student is assumed to have the support of parents, the parents' information has to be assessed along with the student's, in order to get a full picture of the family's financial strength. If you are a dependent student, it does not mean that your parents are required to pay anything toward your education, including their information is simply the method The Department of Education uses to look at everyone in a consistent manner.
Determining a student's dependency status is important in determining a student's eligibility for federal aid programs. Your answers to questions on the FAFSA determine whether you are considered a dependent or independent student. An applicant is considered to be a dependent student unless he or she can answer "Yes" to one of the dependency status questions on the application and are able to provide supporting documentation. If student applicant answers "No" to all of the dependency status questions then he or she is considered to be a dependent student for federal student aid purposes and must provide parental information.
Please be aware that not living with your parents or not being claimed by them on tax forms does not make you an independent student for purposes of applying for federal student aid. Occasionally, unusual circumstances may exist that warrant a review of a student's dependency status. If you feel that you have a special circumstance that prevents you from including your parent's information on your application, contact the student financial aid office for more information.
We always award students with their maximum eligibility in federal aid based on availability of funding. However, because of federal loan limits, students may not have enough federal funds to cover all of their educational costs. If you are in need of additional funding beyond the federal aid you were awarded, you could consider a Parent PLUS Loan or a private student loan. Only the parents of dependent students may apply for a PLUS loan to offset costs.
Withdrawing from all classes or dropping a class at any point after the drop/add period will negatively impact your completion rate and possibly affect your eligibility for future aid. Additionally, if you drop a course or withdraw from the semester, you may be required to return some of your financial aid. ( More information about how funds are returned)
After you apply for federal aid you may be offered either a subsidized or unsubsidized loan, or a combination of both. The primary difference between the two is the interest rate and when the interest begins to accrue.
Only undergraduates with demonstrated financial need are eligible for Subsidized Loans. Direct Unsubsidized Loans are available to undergraduate and graduate students; there is no requirement to demonstrate financial need. The student financial aid office uses federal regulations to determine the amounts each student may borrow by considering the cost of attendance and other financial aid.
To find out more about the differences between Federal Direct Subsidized and Unsubsidized Loans, visit the Department of Education's Direct Loan comparison website.
Even though dropping a class may help your GPA, the SAP policy considers hours dropped with a "W" as "attempted but not successfully completed." You are only negatively affected if the total number of hours you drop places you under the required 67% completion rate.
Financial aid is disbursed at the beginning of each semester, 10 days prior to the first date of classes. Only students who have completed all requirements necessary to disburse funds can expect to receive an aid disbursement during the week that classes begin. Generally, the semester's full amount of aid is disbursed at one time. A refund is issued only for student's whose financial aid exceeds their bill.
Please note: Parent PLUS or Graduate PLUS loan applications that did not select the option to authorize loan proceeds to pay of all charges on the student account will not be disbursed until all charges other than tuition, room, and meal plan charges are paid. ( More information)
Federal regulations dictate when aid can be disbursed. All financial aid refunds are issued by the Student Receivables Office; you may check their website for more detailed information.
Verification is a process mandated by the US Department of Education to confirm the accuracy of the information provided on the FAFSA via submission of specific documentation and forms by the selected student and/or parent. All requested documentation must be provided before a student's financial aid eligibility will be determined.
You should complete and submit your FAFSA application as soon as possible after January 1 of the academic year in which you plan to attend college. We encourage all students to apply by the March 1 priority date, as some resources are limited and may run out. However, if you miss the March 1 priority date this does not mean you are disqualified for financial aid. You should submit your FAFSA as soon as possible so your aid eligibility may be determined.
Your financial aid account is available to your through your myBama account. Once you have accessed your account you may view any outstanding requirement and monitor your eligibility status. Also, if you have received an award notification you may accept, decline or reduce your financial aid award. Follow the steps below to access your financial aid award through myBama.
Financial aid is financial assistance from all sources that can be used to help pay for your educational expenses. The Student Financial Aid Office is responsible for administering federal aid such as grants (need-based aid that doesn't have to be paid back), work-study (a part-time job), and federal direct student loans (money you borrow and must pay back with interest when you leave school).
Please visit our Cost of Attendance page for in-state and out-of-state tuition and fees for the current academic year. All students are encouraged to use the Net Price Calculator for more detailed information.
Yes. Payment plans are offered through the Student Receivables Office, click here for more information.
The Student Receivables Office administers billing transactions and can address any concerns you may have regarding your student account. You can find contact information for Student Receivables on their website.
Yes. The application is free, and some sources of aid (Federal Unsubsidized Loans and Parent PLUS Loans) are available regardless of need. There are no penalties in applying for federal aid; any loan offers that result from completing the FAFSA may be declined.
If you need to make a correction to your financial aid application before you receive your award notification, you may do so on the FAFSA website. If you have already received your award notification or if your application has already been verified, contact the financial aid office to determine if the correction is appropriate.
If you have applied for financial aid in the past year, you may be able to fill out a renewal FAFSA, rather than a new FAFSA. The renewal FAFSA will include all of last year's information. You just need to update your (and your family's) income information and any data that has changed. If you have a PIN number, you can access your renewal FAFSA online at www.fafsa.gov.
The FAFSA is a "snap shot" of your status on the day you submit it. Therefore, you should report your marital status as of the day you submit the FAFSA. If you marry after filing the FAFSA you will have the opportunity to update your marital status later. However, you will not be able to make this change by submitting a correction to the FAFSA. If your marital status needs to be updated after filing the FAFSA contact the Student Financial Aid Office for further guidance.
Yes. You are considered an independent if your unborn child will be born during the academic year and your household will provide more than half of the child's support from the projected date of birth through the end of the academic year. If you are expecting a child when you fill out your FAFSA you should answer yes to the applicable dependency status question and include the unborn child in your household size. If you have already filed a FAFSA and did not include an unborn child on your application, you should contact the Student Financial Aid Office for further guidance on how to process an update to your FAFSA. In either situation you will most likely be required to provide documentation from a physician regarding the expected child to our office.
After receiving your completed application, the FAFSA processor will analyze your information and, using a formula established into law by Congress, calculate your Expected Family Contribution (EFC). The results of your application will be sent UA and to you in the form of a Student Aid Report (SAR) by mail or email (if you provided an email address) within 3-5 business days. This report details the information that you provided and informs you of any corrections that are needed to complete the application. Carefully review the SAR to make sure that all the information is accurate, as The University of Alabama will receive the same information.
Once your FAFSA is received it will be processed for a financial aid award or we may request additional information or documentation. It is important to monitor your myBama account and check your Crimson email for updates. Once your financial aid file is complete, you will receive an award notification. Please be aware that awarding for new students does not begin until the April before the fall semester begins and returning students are awarded in June/July.
The EFC, derived from information on the FAFSA, represents the amount that the federal government expects a student's family should be able to pay towards the student's education. The EFC is an indicator of your family's financial strength to pay for educational expenses and is not the amount of money that your family must provide. Rather the EFC is a tool, which, when subtracted from the Cost of Attendance, determines a student's need and therefore the type of aid for which a student is eligible.
The Cost of Attendance (COA) is a student's estimated budget, including direct and indirect costs. The COA includes tuition and fees; room and board; allowances for books and supplies; transportation; loan fees; and miscellaneous/personal expenses. Aid cannot be awarded above a student's cost of attendance, but if you have an unusual expense that might affect your COA you may contact our office to determine if an increase to your budget is appropriate.
Financial need is the difference between your cost of attendance, as determined by our office, and your expected family contribution. Many federal student aid programs require applicants to demonstrate a financial need to be considered eligible for that program. The amount of your financial aid award will be affected by whether you are a full time or part time student and whether you attend school for a full academic year or less.
If you believe that you have unusual circumstances that should be taken into account in determining your financial need, contact our office. Unusual circumstances might include extremely high medical or dental expenses not covered by insurance or a significant change in income from one year to the next.
Generally, scholarships, departmental funding, assistantships or any other types of funding applied to your student account to pay for tuition or fees are considered to be additional resources. Any additional resource that is available to you is taken into consideration when calculating your aid eligibility. If you should receive an additional resource after you have been awarded you should report it to our office immediately. According to federal regulations the Student Financial Aid Office is required to adjust your award if changes in your eligibility occur due receipt of an additional resource.
The Master Promissory Note is a binding legal document that you must sign when you get a federal student loan. The MPN can be used to make one or more loans for one or more academic year (up to 10 years). Since it lists the terms and conditions under which you agree to repay the loan and explains your rights and responsibilities as a borrower, it is important to read it carefully before signing and to save a copy for your records.
Yes. If you have applied for aid with a FAFSA then you may receive a loan offer. However, you are not required to accept the full amount of the offer. You can borrow less than what is offered or you can decline the full offer through your myBama account. You should only borrow what you need, therefore if you accept a loan but determine that you do not need the full amount contact our office to make an adjustment or to cancel your loan. If your loan has already disbursed to your student account our office can process any requested adjustment within 30 days at which point you may return the funds to the Department of Education.
If you transfer from UA to another institution within an academic year, you must check with your new school's financial aid office about how you will receive your aid. Due to availability and other factors such as cost, you may not be able to receive the same amounts and types of aid. However, you will not have to complete a new FAFSA again, but you would have to send your information to your other school by adding their school code to your application.
Your financial aid package may include funds from any of the following major federal student aid programs:
Other aid programs that are awarded based on need and availability:
Interest rates on federal student loans are determined by Congress. Visit the Federal Student Aid website for the most recently published interest and fee rates.
You do not have to begin repaying Federal Direct Student Loans until after you leave college or drop below half-time enrollment. Direct loans have a grace period or a period of time after students graduate, leave school, or drop below half-time enrollment before repayment begins. Note that for many loans interest will accrue during the grace period.
However, PLUS loans enter repayment once your loan is fully disbursed (paid out). Your loan servicer or lender must provide you with a loan repayment schedule that states when your first payment is due, the number and frequency of payments, and the amount of each payment.
Yes. Federal student loans have origination fees that are deducted proportionately from each loan disbursement. This means the money you receive will be less than the amount you actually borrow. Check on the current loan fees for federal student loans at studentloans.gov.
In certain situations you can have your federal student loan forgiven, canceled or discharged. To find out if you qualify due to your job, disability, or other circumstances you must contact your loan servicer. If you have received a Federal Perkins Loan from UA you must contact the Loans Receivables Office to apply for forgiveness, cancellation or discharge. You can view your loan information including the types of loans you have and your loan servicer at the National Student Loan Data System (NSLDS).
To apply for federal aid you must meet general eligibility requirements. A list of eligibility criteria is available on the Federal Student Aid website. Once you become a recipient you are responsible for continuing to meet basic eligibility criteria, meeting Satisfactory Academic Progress standards, and completing the FAFSA every year.
Eligibility for aid depends upon your Expected Family Contribution, grade level, enrollment status, dependency status, availability, and the Cost of Attendance. When your FAFSA information is reviewed and a financial aid award is constructed for you, your award will include the maximum amount of federal aid you may be eligible for at that time. If your FAFSA information or other educational information changes, your aid eligibility may also be adjusted.
|Federal Pell Grant||Students working on their first undergraduate degree with an EFC in qualifying range. Pays out based on enrollment hours per semester.||$602-$5730|
|Federal SEOG (Supplemental Education Opportunity Grant)||Students with high financial need working on their first undergraduate degree.||$1,000|
|Federal Direct Stafford Student Loan||Eligible undergraduate and graduate students.||Amount determined by FAFSA data and student's classification|
|Federal Direct PLUS Loan||Eligible graduate students and parents of dependent undergraduate students. A credit check is required.||Maximum amount is cost of attendance minus any other aid. FAFSA is required.|
Keep in mind that award amounts vary and depend upon your financial need (as determined by the federal government). Direct Loan funding eligibility is based on your grade level and dependency status and are subjected to yearly loan limits and aggregate lifetime loan limits.
Yearly loan limits:
|$5,500||Freshmen (0-31 hours)||$9,500|
|$6,500||Sophomore (31-60 hours)||$10,500|
|$7,500||Junior (61-90) / Senior (91+ hours)||$12,500|
Aggregate loan limits:
No. Students who are currently in default on educational loans are not eligible to receive federal financial aid. The Student Financial Aid Office recommends that you contact your lender and attempt to make a satisfactory payment arrangement with them.
Once your default status is resolved, you must provide a letter from your loan servicer(s) stating that the default status has been cleared and that you are again eligible to receive federal financial aid.
If you have questions regarding your eligibility, contact the financial aid office.
Withdrawing from a class or all classes at any point after the drop/add period will negatively affect a student's completion rate or pace towards degree completion and future financial aid eligibility. If you withdraw from one or all of your classes, you may be required to return some of your financial aid. You can find more information about how funds are returned at Student Receivables.
The availability of summer aid is dependent upon how much aid you used during the school year. Any portion of your yearly eligibility that was not utilized during the fall and spring semester may be awarded in the summer semester. If your eligibility for aid changes due to progression in grade level, you should contact our office to review your account. Undergraduate students must enroll for at least 6 credit hours and graduate students must be enrolled in 4.5 hours to be considered half-time for loan eligibility during the summer.
Summer federal aid awards are made in April after registration for the summer term has started. Students will be notified by e-mail to their Crimson E-Mail address if they do or do not have eligibility for federal aid for summer. If you are in need of additional funding for summer, you can consider the Federal PLUS Loans or a private alternative student loan (non-federal). View more information on these types of loans.
Possibly. If you have previously received federal student aid, you may not be eligible to receive additional federal aid if while you were enrolled and receiving federal student aid you had a drug offense for selling or possessing illegal drugs and that offense led to a conviction under federal or state law. If you are concerned about your eligibility because of a drug offense, you should contact the Federal Student Aid Information Center at 1-800-433-3243 for assistance. ( More information)
Yes. Federal regulations limit the number of times a student may repeat a course and receive financial aid for that course.
No. A student must be enrolled as a regular student in an eligible program in order to receive federal student aid. A regular student is someone who is enrolled or accepted for enrollment in a degree or certificate program. A student enrolled only in prerequisite classes is not considered to be in an eligible program, this usually occurs when acceptance into an eligible program is contingent on completing the prerequisite coursework. However, if a student is admitted into an eligible program and takes preparatory coursework within that program, they can be considered a regular student.
Yes. A student may receive federal student aid if they are enrolled at least half time in required teacher certification coursework, even if it does not lead to a degree or certificate awarded by the school. To qualify, the coursework must be required for elementary or secondary teacher certification or recertification in the state where the student plans to teach. Optional courses you elect to take for professional recognition or advancement, and courses not required for certification, do not qualify.
How much financial aid you receive depends on a number of factors: whether you are classified as an in-state resident or an out-of-state resident will directly affect your budget — which may affect your total amount of financial aid eligibility.
Notify Student Financial Aid if any of the conditions of your initial award have changed. Depending on the changes, your aid may or may not be affected, but it is always better to inform Student Financial Aid of your plans so adjustments can be made, if necessary, early in the semester. If you do not inform Student Financial Aid about the changes yourself, then any credit hour discrepancies between anticipated and actual registered hours will appear during an enrollment audit and adjustments will be made at that time. It is the obligation of Student Financial Aid to adjust aid according to University policy and federal regulations. You may notify our office of any changes in your enrollment status.
Example: Kate enrolled in 12 hours at the beginning of the Fall semester. She was awarded a Federal Pell Grant based on her enrollment in these courses. After attending classes for three weeks, Kate decided to withdraw from a 3-hour history course. Even though Kate earned a "WP" (withdraw – passing) for this course, she will not receive credit for the course.
When Student Financial Aid audits students to determine their current enrollment status, it is shown that Kate is enrolled in 9 hours, not the 12 hours upon which her financial aid award was originally based. Her Federal Pell Grant is subsequently reduced and the amount that she owes is charged to her student bill. If you have any questions about how your financial aid award might be affected by your change in enrollment status, please contact our office via this web form or via phone at (205) 348-6756.
You might be eligible for more Federal Subsidized Student Stafford or Unsubsidized Stafford loans. Once your Fall/Spring grades have been posted on the Student Information System, if your grade level has increased from a Freshman level to a Sophomore level (31 credit hours earned), or has changed from the Sophomore level to a Junior level (61 credit hours earned) you may be eligible for more Federal Student Stafford Loan or Federal Student Unsubsidized Stafford loan. This depends on your Cost of Attendance and the amount of your initial financial aid award.
If you would like your eligibility for a loan increase to be reviewed, contact us with your specific request. If you are eligible, the loan amount will be increased and you will receive a disbursement as scheduled. (A new loan application is not needed). Direct Loans will mail a disclosure statement to you reflecting the award increase. The increase could affect your loan eligibility for the upcoming summer if you plan on attending and receiving federal loans.
This really depends on when you fill out the FAFSA. Awarding for new students does not begin until the April before the fall semester begins and returning students are awarded in June/July. During other times of the year, the turnaround varies. For planning purposes, we recommend that you plan for a minimum of six weeks from submission of the FAFSA to receipt of an award notification from our office.
If you are selected for a process called verification the Financial Aid Office may need you to fill out additional forms to receive financial aid. The Financial Aid Office will inform you of any documentation you need to submit. Students can also go to their MyBama account and check their financial aid status under their student tab. Some of the financial aid forms requested can be located at financialaid.ua.edu.
Once you have received an award notification, you must go to MyBama and accept your award under the financial aid awards link. Grants are automatically accepted for you. If you accept the student loan and you are a first time borrower, you must complete the Master Promissory Note and Entrance Loan Counseling online at studentloans.gov.
If the FAFSA information is at the University of Alabama and has been for over three weeks but you did not receive a financial aid award, you should contact Student Financial Aid. The delay could be caused by other circumstances concerning your aid eligibility. For example, you may not be meeting the Satisfactory Academic Progress standards required to maintain aid, or further documents may be required of you before the University of Alabama is able to process your award. Please respond promptly to any requests for further documents, as aid cannot be awarded until your file is complete.
If you have already received an award notification, you should check your myBama financial aid account to ensure you have completed all necessary requirements of the acceptance process. The acceptance process includes accepting your award offer through your myBama account and for first time loan borrowers completing the Master Promissory Note and Entrance Counseling at studentloans.ed.gov.
Once you complete the acceptance process and you are enrolled for the minimum number of required credits, your financial aid will be applied to your student account. According to UA policy you must confirm your schedule prior to the start of each semester. All funding will pay out to your account exactly 10 days before the first day of scheduled classes. Your tuition and fees are then paid, and a refund (the difference between your financial aid credits and bill), is issued to you according to the Student Receivables' refund policy.
No. Federal aid awards are based on your expected attendance for the full academic year. Therefore, if you are only enrolled for one semester or intend only to attend one semester, you are only eligible for a one semester award amount or half of an academic year's eligibility.
NOTE: One exception applies to graduating seniors who will complete their academic program of study in the fall semester. These students may be eligible to receive a prorated portion of their Stafford loan funding for the fall semester. If you are interested and qualify for proration due to graduation, contact the Student Financial Aid Office for more information.
Alternative loans are private (non-federal) loans. The terms vary widely as do the eligibility criteria.
You (and your co-borrower, if applicable) should carefully research the options and apply for the alternative loan that best suits your needs. Keep in mind that usually your best option is to pursue federal loans. Be sure you have applied for all of the federal loans you are eligible for before you consider private loans. If you do wish to take out a private educational loan, you need to provide any documentation requested by the sponsor of the loan and follow the application procedure that is specific to that loan.
In most cases, our office must certify your private loan. Certification means that we verify that you are enrolled in school and that the loan you requested is within the allowable Cost of Attendance established by the Student Financial Aid Office.
Example 1: A student with an $11,500 cost of attendance who has received $5,500 in financial aid (grants, scholarships, loans, VA benefits, etc.) has $6,000 in remaining eligibility that could be funded through an alternative loan. Our office could certify an alternative loan application for the student's requested amount, not to exceed $6,000.
Example 2: A student with an $11,500 cost of attendance who has received $11,500 in financial aid (grants, scholarships, loans, VA benefits, etc.) has no remaining eligibility. Our office could not certify an alternative loan application for this student.
If you have any questions about your remaining loan eligibility, please contact our office.
No. When we certify a private loan, we set the disbursement date to the earliest the lender allows funds to be released. To ensure there are no delays you should check with your lender for any outstanding requirements that would prevent funds being sent to UA after certification.
Provisions in the Truth in Lending Act, implemented in February 2010, require lenders to provide these disclosures to borrowers at three separate times; at the point of application, when the loan is approved, and before the loan disburses.
Once a private loan has been certified by UA, it will appear as a part of your overall financial aid package accessible through your myBama account. Please allow several weeks for a private loan certification to be completely processed.
The loan period is the enrollment period for which you plan on using the loan. The loan periods available for the 2014-2015 academic year are:
2014-2015 Academic Year
Note: We generally begin certifying academic year and fall-only private loan applications in June.
Note: We generally begin certifying summer private loan applications in late April.
Programs governed by the policy include the Federal Pell Grant, Federal Perkins Loan, Federal Supplemental Educational Opportunity Grant (FSEOG), Alabama State Grant, Federal Work Study (FWS), the Federal Direct Student Loans, Federal Direct Parent PLUS loans and Federal Direct Graduate PLUS loans.
Your total number of hours passed is divided by your total number of hours attempted. You must successfully complete 67% of your hours attempted. Transfer credits are counted.
Even though dropping a class may help your GPA, the SAP policy considers hours dropped with a "W" as "attempted not successfully completed". You are only negatively affected if the total number of hours you drop places you under the required 67% completion rate.
Federal guidelines require that we count all classes even though you did not receive financial aid.
Yes, you may appeal. In your appeal, you will need to address issues that may have resulted in a significant number of credits (credits accepted for general credit, change in major, etc.) appearing on your university academic record.
Typically, turnaround is 10 business days. If an appeal is submitted near the deadline, it could take two weeks.
Documentation is required as proof of the circumstances that prevented you from being successful.
This is dependent upon the student's reason(s) for not meeting SAP. Supporting documentation could include letters from doctors, court documents, letters from employers, death certificates, obituaries, funeral programs, etc.
A friend or family member's opinion can be very subjective. A SAP appeal needs to be supported by an objective, "third party" opinion. Typically, third party documentation would be a doctor (medical issues), lawyer (legal issues) or a counselor (personal issues).
After the committee has made a determination, your results are e-mailed to your Crimson account.
Once you receive an e-mail that your appeal is approved, you will need to set up an appointment to sign a SAP contract. During the appointment, you will be informed of the progress you need to make to continue to receive aid on a probationary basis. You must complete 100% of your classes (no withdrawals, incompletes, or failed classes) with the proper GPA for your aid to be continued.
You may contact a private alternative lender. The loan will require that you or your co-signer complete a credit check. You also have the options of the BAMA Plan or use of general deferment with Student Receivables. Federal financial aid can be awarded when you are meeting all of the overall progress standards again.
For information on any federal student financial aid programs, you may call the Federal Student Aid Information Center (FSAIC) at: 1.800.4.FED.AID or 1.800.433.3243. You may also find general information about federal student aid by going to studentaid.ed.gov.
On the home page, fafsa.gov, go to the Contact Us link at the top of the page. This page lists all of the available options for getting additional assistance. You can also get live help through a secure online chat session with one of federal aid's customer service representatives, and by phone at 1.800.433.3243.
The law requires that the financial information from the previous tax year be provided on the FAFSA. This tax year information is called the base year. The base year information is considered the most accurate source of information for projecting on a reasonable basis the family's financial strength for the upcoming academic year.
If your family has unusual circumstances (such as a loss of employment, loss of benefits, death or divorce), complete the FAFSA to the extent that you can and submit it for processing as instructed. Once the FAFSA has been submitted you may submit an income reduction form to our office for a professional judgment review (see the Forms section of our website). If you family's circumstances have changed from the previous tax year, our office may decide on a case-by-case basis to adjust data elements on the FAFSA that were used to calculate the EFC.
Ideally you should complete a FAFSA after you have completed your tax return; however, it is also important to file the FAFSA by the priority date of March 1, with estimated numbers if necessary. Keep in mind that if you submit your application before you complete a tax return, you may need to make corrections later if your income or tax information is not estimated accurately. Additionally, you may have to provide our office with a copy of your completed tax return before you receive federal student aid. If you are required to submit tax information our office will notify you upon receipt of your FAFSA. Also, the student will need to return any federal student aid received based upon incorrect information.
The term "parent" is not restricted to biological parents. There are instances (such as when a grandparent legally adopts the applicant) in which a person other than a biological parent is treated as a parent, and in these instances, the parental questions on the application must be answered, since they apply to such an individual (or individuals). A foster parent, legal guardian, or a grandparent or other relative is not treated as a parent for the purposes of filing a FAFSA unless that person has legally adopted the applicant. An adoptive parent is treated in the same manner as a biological parent on the FAFSA.
If the applicant's parents are both living and married to each other, FAFSA is completed by answering questions about both parents.
A stepparent is treated in the same manner as a biological parent if the stepparent is married, as of the date of application, to the biological parent whose information will be reported on the FAFSA, or if the stepparent has legally adopted the applicant. There are no exceptions. Prenuptial agreements do not exempt the stepparent from providing required data on the FAFSA. NOTE: The stepparent's income information for the entire year prior to filing the application must be reported even if the biological parent and stepparent were not married until after the start of the year, but were married prior to the date the FAFSA was completed.
The information of the parent with whom the student has lived with the most during the past 12 months preceding the date the FAFSA is completed should be the only parent on the application. It does not matter which parent claims the student as a dependent for tax purposes. If the student did not live with either parent or lived equally with each parent, then the parental information for whom the student received the most financial support from during the preceding 12 months or the parent from whom the student received the most support the last time support was given should be on the application.
If you are the parent that is required to report financial information on the FAFSA and you are remarried, then the stepparent's information must be included on the application or that student will not be considered for federal student financial aid. If you believe that your situation is unique or unusual other than the stepparent's simple refusal to provide the requested information, you should contact our office to discuss the matter further.
Anyone in the immediate family who receives more than 50% support from a dependent student's parents or an independent student and spouse may be counted in the household size. For example, a sibling who is over 24 but still receives the majority of his/her support from the parents can be included. Sibling who are dependent (as defined by FAFSA) as of the date the application is completed are also included, regardless of whether they receive more than 50% of their support from the parents. Any other person who resides in the household and receives more than 50% support from the parents may also be counted, as long as they will continue to reside within the parent's household and the support is expected to continue through the academic year. An unborn child who will be born during the academic year may also be counted in the household size if the parents, or independent student and spouse, will provide more than half of the child's support through the end of the year.
NOTE: Household size and tax exemptions are not necessarily the same. Exemptions look at the previous year or tax year and household size refers to the school year for which the student is applying for aid.
Because a PLUS Loan is a type of Unsubsidized Loan, interest on a PLUS Loan starts to accrue the day the loan is disbursed. Even though the account may not be in repayment, interest is still accruing.
Only graduate students who wish to receive federal student loans are required to complete the FAFSA application. However, we encourage all students to apply for aid in the event that you do not qualify for scholarships, assistantships, or fellowships or if these funds are not enough to cover all of your expenses you may decide to use student loan options available through FAFSA.
Students who are denied a Graduate PLUS loan can either appeal the decision with the Department of Education or seek an endorser (co-signer) for the loan.
Yes. In order to keep receiving any federal aid you must be making Satisfactory Academic Progress (SAP). The minimum standards of SAP for graduate/law students are:
|Tuition and Fees||$9,950||$23,700|
|Room and Board||$11,850||$11,850|
|Total Direct Cost||$21,800||$35,550|
|Total Indirect Cost||$5,522||$6,852|
Graduate students may apply for federal assistance through fafsa.gov for an Unsubsidized Stafford Loan. Graduate/Law students are eligible for $20,500 per year in a federal student loan.
Additionally, graduate and law students may apply for a Graduate PLUS Federal Direct Loan or for a private alternative loan, each are credit based loans to help with educational costs. These loans may not exceed the cost of attendance minus any other financial assistance, including Stafford Loans and tuition assistance.
The Department of Education does not offer financial assistance directly to international students. International students are not eligible for federal financial aid, unless the student is an eligible non-citizen as defined by federal regulations.
All loan deferment or in-school deferment forms should be taken directly to the Registrar's Office in 206 Student Services Center.
Yes. Payments can be made at any time. If you are in school, or your loan is in a grace period, deferment, or forbearance, you will not receive monthly bills. ( More information on repayment)
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