Student Financial Aid Newsletter April 1, 2013

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Student Financial Aid Newsletter
Volume 1, Issue 7
“BREAKING NEWS”
April 1, 2013
Dear Student,
In an effort to keep you informed regarding updates and changes in Student Financial Aid, we will periodically send a
financial aid newsletter to all students. Please take the time to read the information below, as it includes several very
significant changes to your student financial aid for the upcoming academic year 2012-2013, as well as future years.
We will continue to send newsletters as important information becomes available.
NOTICE TO PELL GRANT RECIPIENTS
DURATION OF ELIGIBILITY:
Once you have received a Pell Grant for 12 semesters or the
equivalent, you will no longer be eligible for additional Pell
Grants.
IT’S THAT TIME!
SUMMER SCHOOL APPLICATIONS WILL BE
AVAILABLE ONLINE BEGINNING
APRIL 15, 2013. COMPLETED APPLICATIONS
MUST BE SUBMITTED BY THE PRIORITY
DEADLINE DATE MAY 1, 2013.

If you are Pell eligible, you are eligible to receive a Pell
Grant for up to 12 semesters or the equivalent.

If you have exceeded the 12-semester maximum, you will
lose eligiblity for additional Pell Grants being in the
2013-2014 school year.

Equivalency is calculated by adding together the
percentage of your Pell eligibility that you received each
year, to determine if the total exceeds 600%.
The Department of Education sent e-mails to all Pell eligible
applicants who have a Pell Lifetime Eligibility Used (LEU) that
is--
Greater than 500 percent but less than 600 percent

These students will be notified that, due to the change in
the law, the applicant may be eligible for less Pell Grant
than originally communicated on his/her Student Aid
Report (SAR).
Greater than or equal to 600 percent.
These students will be notified that because of the change
in the law, the applicant is no longer eligible for Pell
Grant funds.
The 2013-2014 Financial Aid process has
begun. If you have filed your 2013-2014
FAFSA application, and have been selected
for verification, please check your xula
email account for important information
regarding your eligibility for financial aid.
In addition to the notifications from the Department of Education,
the Financial Aid Office has notified students who fall into one of
the above mentioned categories via their XULA e-mail account.
NOTICE TO FEDERAL LOAN RECIPIENTS
Effective March 1, there will be a 0.05 percent increase in the
origination fee for Federal Direct Stafford loans (an additional
$2.80 on a $5,500 loan), and increase PLUS origination fees
from 0.2 percent to 0.204(an additional $20.40 on a $10,000
loan)
Newsletter 5
NEW
FERPA RELEASE FORM For
Financial Aid & Scholarships
(Family Educational Right and Privacy Act)
Any student that would like to share their
information with another individual must
complete the FERPA form as soon as possible.
The form enables the financial aid office to
release or discuss your student financial aid
and scholarship information only to
individuals you request. The form is
available on the financial aid web site.
ATTENTION PERSPECTIVE GRADUATES
Students who have accepted any academic scholarship
for the first time are required to sign and return a
Scholarship Terms & Conditions Form. The form will
be emailed (your xula) to each recipient once the
scholarship is accepted in BANNER Web. The form
can also be found on our website at
http://www.xula.edu/financial-aid/documents/1314/ScholarshipTermsConditions.pdf.
This is required in order for your scholarship to
credit to your account.
If you have any questions regarding your financial aid eligibility, please
contact your Financial Aid Counselor.
Alphabet Break-Down (by last name)
One of the final steps towards receiving your degreee is
the completion of the federally and institutionally
required financial aid exit counseling. If you received a
federal loan, you must complete an on line loan exit
counseling at www.studentloans.gov . The website has
information on your total indebtedness, deferments,
forbearances and your specific lender. This information
is vital to your successfully completing your federal loan
repayment.
If you have any questions regarding this exit procedure,
I can be contacted by email @grachal@xula.edu or by
phone on 504-520-5213.
If this exit counseling is not completed, you may
not receive your diploma at graduation.
Last Name
FA Counselor
Contact #
E-mail Account
A, E-I
Kecia Poplus
(504) 520-5168
kpoplus@xula.edu
C,J-M
Selena Vance
(504) 520-5206
svance@xula.edu
D, N-R
Edith Cox
(504) 520-5209
ecox@xula.edu
B, S-Z
Cathy Brimmer
(504) 520-5215
cbrimmer@xula.edu
P1-P4
Sandy Livings –Veals (504) 520-5211
slivings@xula.edu
Ms. Emily London - Jones , Director (504) 520-7835
Office Hours …..8:30am - 4:30pm
Counseling Hours
Monday & Wednesday …...8:30am - 12:15pm
Tuesday & Thursday ….…12:30pm - 4:00pm
*Late Day Tuesdays
12:30pm - 6:00pm
(first three months of each semester)
Xavier South
909 South Jeff Davis Parkway
Suite 360
New Orleans, LA 70125
T.E.A.M. … Together Each Achieves More
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