To be eligible for student loans (during any semester) a student must maintain enrollment in at least 6 hours.
You must meet the following requirements to be eligible for financial aid:
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Federal regulations mandate that a student receiving financial aid under Title IV programs must maintain Satisfactory Academic Progress (SAP) in his/her course of study regardless of whether or not financial aid is awarded each semester. To receive and to continue to receive financial aid, you must:
Federal Student Direct loans can be consolidated along with outstanding student loan debt from FFELP (i.e., Stafford Loans). After graduation you have a choice. You may either make individual payments to your previous lender(s) for FFELP and the Department of Education for Direct Loans. However, if you do not want to consolidate your FFELP and Direct Loans, you will have to make separate payments to the different loan servicers. For information on consolidation or an application to consolidate go to the Federal Direct Consolidation website.
Dependent students must provide parent’s information. There are several questions on the FAFSA that you must answer to determine if you are a dependent or an independent student. If you have questions about your status, contact the Financial Aid Office.
It means you have been selected by the Department of Education to verify that the information reported on the FAFSA is correct. You must fill out a verification worksheet and submit it to the Financial Aid Office along with a copy of your IRS tax return transcript (not the account transcript) or you may use the IRS Data Retrieval Tool that is part of the FAFSA on the Web. Other documentation may also be required. If you fail to provide documentation you will not receive financial aid.
For more information on the Verification process click here.
For a list of verification forms click here.
Once approved, your financial aid will be credited to your account. Once posted, your fees are deducted. If your award exceeds your direct school cost, funds will be sent to you approximately the 3rd week of classes. Loans for first time borrowers cannot be disbursed until 30 days after classes begin.
If you are approved for grants, loans, and/or KEES money that is more than the cost of your tuition, your books can be charged against your financial aid. You must sign and return the Financial Aid Release (FAR) to the Financial Aid Office. There is a minimum 48 hour processing time before books may be charged. Check with the Financial Aid Office or bookstore for charge dates.
This page maintained by Laura Lamb