FEDERAL SCHOOL CODE: 002629
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IMPORTANT NOTICES |
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IMPORTANT NOTICES |
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IMPORTANT NOTICES |
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New Academic Progress Policy: The Department of Education revised the rules for Satisfactory Academic Progress
for aid recipients. All aid recipients are affected by this new federal mandates. Please take the time to read the new policy for
Satisfactory Academic Progress as there may be a significant impact on your future aid packages.
The 2012-2013 Free Application for Federal Student Aid (FAFSA)
is now available! Make sure to complete your 2012-2013 FAFSA as soon as possible. We must receive your completed FAFSA
by March 15, 2012 for priority consideration. Use estimated information if you have not filed your taxes. Once you file
your taxes, use the IRS Data Retrieval Tool to transfer your financial information to your FAFSA.
Mistakes to Avoid
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GRADUATE STUDENTS: 2012-2013 Changes to the Federal Direct Subsidized Loan program.
Due to federal regulatory changes for 2012-2013, the Federal Direct Subsidized Loan program for graduate students
is eliminated, effective with loan periods starting on or after July 1, 2012. As a result, you are
no longer eligible to receive Federal Direct Subsidized Loans. However, graduate students
can still qualify for Federal Direct Unsubsidized Stafford Loans up to $20,500.
Please visit Grad PLUS or Private Loans
for other borrowing options for next year.
In addition, the up-front interest rebate will no longer be
offered on any Direct Loan first disbursed on or after July 1, 2012.
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