Financial Aid News & Updates for 2012/2013:
» SUMMER OFFICE HOURS:
Mon, Wed, Fri: 8:00AM-Noon and 1:00PM- 4:00PM (closed for lunch)
Tues, Thurs: 1:00PM-4:00PM
» NEW FAFSA PROCESS
Be aware that all applicants should follow a new filing process when submitting their 2012/2013 FAFSA. Learn more about the changes here: FAFSA CHANGES
»PRIORITY DEADLINES FOR 12/13 FAFSA:
Summer 2012 aid: the priority deadline for filing is March 1st 2012
Fall 2012 aid: the priority deadline for filing is March 15th 2012
Spring 2013 aid: the priority deadline for filing is October 1st 2012
Read the notice we sent to students for more detailed information: DEADLINES
» PELL GRANTEffective July 1st 2012, eligible students will be limited to receive Pell for a maximum of 12 full-time semesters (or the equivalent). You can read more about Pell Grant eligibility here: GRANTS
»LOAN CHANGES
Undergraduate Subsidized Loans: The interest rate for Direct Subsidized Loans for undergrads has increased to 6.8% in 2012/2013: UNDERGRAD LOANS
Graduate Students: Direct Subsidized Loans for graduate students will be discontinued in 2012/2013. Regardless of financial need, all graduate students will solely be offered Direct Unsubsidized Loans at 6.8% interest: GRAD LOANS
Termination of Direct Loan Borrower Repayment Incentives: Effective, July 1, 2012, the up-front rebate that has been provided to Direct Loan borrowers at the time of their loan disbursement will no longer be offered. As a result, the 0.5% origination fee for the Direct Student Loans will be 1% and the 2.5 origination fee for the Direct PLUS Loans will be 4.0%.
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Check out our new financial literacy website: CASH COURSE!
