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13)
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Can international students get financial aid?
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To receive funds from the Financial Aid Office a student must be a citizen or permanent resident of the United States . Alternative or private loans may be available to international students. Some lenders may require a creditworthy co-borrower who is a citizen or permanent resident in order to qualify.
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14)
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What if my financial aid is delayed?
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Financial aid recipients may be eligible for an emergency loan. These are short term, interest free advance for students who have a delay in receiving their financial aid. Repayment is required within 90 days and payment will be withheld from future financial aid disbursements. Emergency loans are not available for periods of non-enrollment. Emergency loans are limited to availability, and only available to students with an upcoming approved financial aid loan disbursement. Please contact the Bursar's office to verify if funds are available.
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15)
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Do I apply for financial aid each year?
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Yes. Student(s) are required to file a FAFSA by March 2nd of each year.
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16)
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What is a Master Promissory Note?
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A Master Promissory Note (MPN) is a legal binding document you sign promising to repay Subsidized and or Unsubsidized Federal Stafford loans. The MPN opens a line of credit for educational expenses and is good for 10 years from the date signed. A new MPN is required if there is a change of lender.
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17)
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How do I report address changes? |
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Address changes should be reported to the Office of Student Affairs. Students who borrow a federal Stafford loan and/or a private loan must contact their lender if the permanent address on their application changes.
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18)
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Are there academic progress rules? |
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Students receiving financial aid are required to maintain satisfactory academic progress toward their degree objectives. Students must also make sufficient progress each year toward completion of degree requirements within a "normal" time frame and must meet the specific academic requirements established for the curriculum.
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