Student Financial Aid Newsletter Volume 1, Issue 3 “BREAKING NEWS” September 20, 2012 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. IMPORTANT NOTE: QUESTION OF THE MONTH AM I DUE A REFUND? FERPA RELEASE FORM For Financial Aid & Scholarships (Family Educational Right and Privacy Act) YOU MAY RECEIVE A REFUND IF YOUR FINANCIAL AID IS MORE THAN WHAT YOU OWE TO THE UNIVERSITY, AND THE FOLLOWING OCCUR: 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. AN ACCEPTED AWARD LETTER MUST BE SUBMITTED (BANNER WEB) WE MUST VERIFY YOUR ENROLLMENT. 1. MUST BE ENROLLED AT LEAST HALF TIME ( EXCEPT FOR PELL). 2. FEDERAL LOANS (DIRECT SUB, UNSUB, GRAD PLUS LOANS) 6 OR MORE HOURS. SAP (Satisfactory Academic Progress) DON’T GET ZAPPED BY SAP! 3. MUST BE ENROLLED FULL TIME FOR HEALTH PROFESSIONAL LOANS & LOANS FOR DISADVANTAGED STUDENTS. Please review the SAP policy on the Financial Aid Web page to view the requirements for eligibility for Financial Aid. (http://www.xula.edu/financialaid/basics.php#satisfactory) Office Hours …..8:30am - 4:30pm A PROMISSORY NOTE MUST BE COMPLETED & SIGNED (WWW.STUDENTLOANS.GOV). FIRST TIME LOAN BORROWER MUST COMPLETE AN ENTRANCE INTERVIEW (DIRECT SUB, UNSUB, GRADUATE PLUS LOAN. Counseling Hours (WWW.STUDENTLOANS.GOV) Monday & Wednesday …...8:30am - 12:15pm Tuesday & Thursday ….…12:30pm - 4:00pm *Late Day Tuesday ………..12:30pm - 6:00pm VIEW YOUR BILLING STATEMENT TO VERIFY ALL FUNDS HAVE BEEN POSTED TO YOUR STUDENT ACCOUNT. Newsletter 3 FREQUENTLY ASKED QUESTIONS 1. Why is my Financial Aid not posted? • You must have a valid award. ESTIMATED AWARDS • Your award is valid once you have accepted or declined your offer. If you received an estimated award at Registration the deadline to provide requested information is Friday, September 28, 2012. • You must swipe your I.D. card in each class you attend. *If required documentation is not received by the above date, the Fiscal Office will be notified and the estimated award will be voided. You will be responsible for all of your balance. •You must be enrolled at least half time (except for Pell). • You must be full time for Health Professional Loans and Loans for Disadvantaged students. • You must complete the Entrance Counseling online. (www.studentloans.gov) • Freshmen must have final high school transcript. 2. Why was I not awarded College Work Study? • Work Study funds are limited and awarded on a first come first serve basis. • You may complete a Work Study request form in the Office of Student Financial Aid Office. NOTE: Awards are made based upon the availability of funds. If you are a December 2012 graduate you must complete an Exit Interview. Complete your Exit Interview at www.NSLDS.ed.gov by November 3, 2012 or you may not receive your diploma. If you have any questions regarding your financial aid eligibility, please contact your Financial Aid Counselor. Alphabet Break-Down (by last name) 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 Xavier South 909 South Jeff Davis Parkway Suite 360 New Orleans, LA 70125 T.E.A.M. … Together Each Achieves More