Know This!

Important things you should know about financial aid.

Financial Aid and Your Bill

Your bill is due the fifth day of classes each term. A tuition deferment prevents cancellation of registration for non-payment of fees, and temporarily prevents assessment of the late payment fee. Financial aid is paid on the sixth day of classes after enrollment is confirmed.

Financial Aid and Your Enrollment

Enrollment statuses are the same for every semester: fall, spring, and summer. Enrollment requires that you are an active degree seeking student. Most financial aid awards require at least half-time attendance and many programs require full-time attendance.

Verification

Verification is a federal requirement. Roughly 30% of all FAFSA filers are selected for verification. This process requires schools to collect documentation to check the accuracy of the FAFSA information and correct discrepant data. If selected, verification must be complete before financial aid can be awarded/paid.

Loans

Student loans are a form of financial aid that must be repaid, in contrast to other forms of financial aid such as scholarships and grants.

Award Terms and Conditions

Review the terms and conditions at the links provided. Award terms and conditions must be accepted in OASIS before you review your financial aid offers.

Federal Work Study

The FWS Program allows students who show financial need to earn a portion of their educational expenses through meaningful employment. The program is administered by University Scholarships & Financial Aid Services (USFAS). For more information check our Federal Work Study program information page link to the right.

Summer Aid Eligibility

The amount of aid you can receive for summer will depend on the length of the summer session(s) in which you enroll. Your aid will be initially based on enrollment in summer C session (10 weeks), but your aid amount may be reduced if you end up enrolling in summer A only or summer B only. For example, if you are in summer A only, your cost of attendance will reflect 6 weeks of expenses.

What If I Drop Some Classes or Withdraw?

The decision about whether or not to drop a class or withdraw is an academic issue; however, it is your responsibility to understand the financial implications of this decision. Dropping classes may jeopardize future student aid eligibility, including scholarships & student loans. Click the links for more information.

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