1. When the student's application is
complete, the Office of Financial Aid will determine the student's
eligibility for federal aid and notify the student by means of a formal
award letter. Before an award letter is sent, new students
(freshman/transfer) must be "accepted" by the Admissions Office, or
"continuing" students' grades from the previous spring semester must
have been recorded.
2. The award letter will indicate all
items of financial aid of which the Office of Financial Aid is aware at
the time. If additional aid is received later, this could have an
effect on the aid already awarded.
3. In some instances an award item
will be marked as tentative or pending. This usually means that the
Office of Financial Aid is awaiting confirmation from the source of the
award, or awaiting some action on the student's part. This situation is
particularly true in the cases of awards sponsored by the State of
Florida and private source scholarships.
4. Students who are awarded (offered)
a Stafford Loan (Subsidized or Unsubsidized) must submit a separate
loan application to the Office of Financial Aid . The fact that a
student indicates his/her acceptance of the loan on the award letter is
not sufficient. If a student is awarded a loan, a loan application will
be sent with the award letter.
5. Students who are awarded (offered)
a Perkins Loan must contact the Business Services Office when they
arrive on campus to complete the required paperwork and sign a
promissory note.
6. If a student is a dependent
student, his/her parents may be eligible for a Parent Loan (PLUS). PLUS
Loans are not awarded (offered) or indicated on the award letter until
an actual application is received at the Office of Financial Aid.
7. If a student is awarded a campus
job for the first time, a job application will accompany the award
letter. To confirm the desire to work, the student must submit this
application to the Office ofFinancial Aid. The student will be
notified of his/her specific work assignment when he/she arrives on
campus to begin classes.
8. If a student informs the Office of
Financial Aid about a private source scholarship, it will be indicated
on the student's award letter as a tentative/pending award until
confirmation is received from the source of the scholarship.
9. Except for earnings from a campus
job, each item of confirmed financial aid will be credited directly to
the student's account in the Business Services Office. Tentative/
pending awards are not formally credited to a student's account;
however, in some cases, the Business Services Office may allow
tentative credit when the student pays the bill. This is particularly
true in the case of loans when a student has applied for a loan, but
the actual disbursement has not been received.
10. If the aggregate total of a
student's confirmed financial aid exceeds the Business Services Office
charges, the student can receive a refund for the excess amount.
Refunds are not made when the excess balance is created by
tentative/pending awards. If a student is eligible for a refund, that
student should contact the Business Services Office for instructions.