2016-2017 Financial Aid Offer Instructions DIRECTIONS FOR ACCEPTING FINANCIAL AID AWARD ONLINE Your financial aid award offer is available on your Northwest CatPAWS account. Follow these directions to access your award, report outside resources and/or complete student loan and parent loan processes. To log on to your CatPAWS account: GO TO: nwmissouri.edu, hover cursor over CONNECT GO TO: Quick Tools SELECT: CatPAWS link SELECT: Enter Secure Area and log in (If you are a first-time user, your User ID is your student ID 919# and your PIN is your birthday in mmddyy format. You will then be asked to create your own PIN at this time.) SELECT: Financial Aid SELECT: Award SELECT: Accept Award by Aid Year/Add Private Resources READ: Statements under Northwest Financial Assistance Award Acceptance and click submit that you have read these statements. READ THE NORTHWEST FINANCIAL ASSISTANCE CONDITIONS STATEMENTS: If you agree, CLICK: AGREE and INITIAL that you have read and understand these statements. ENTER: Yes, I would like to add private scholarships. OR No, I would like to proceed with accepting my financial aid awards. SELECT: Submit SELECT: 2016-2017 aid year SELECT: Accept Award Offer tab FOLLOW: Directions on Award Screen for loan acceptance – A Master Promissory Note (MPN) and Entrance Counseling are required for first time borrowers. Scholarships/Grants are automatically accepted. All awards listed are for the academic year (Fall/Spring terms). For descriptions and information concerning the various types of aid offered go to: www.nwmissouri.edu/finaid/guide.htm Important Student Loan Information . Complete Loan Entrance Counseling (if first time borrower) Go to: studentloans.gov - requires FSA user ID Complete Master Promissory Note (if first time borrower) Go to: studentloans.gov - requires FSA user ID If accepting all or a partial Perkins Loan Go to: ecsi.net/prom4P - (requires personal identifier validation) Allow one week after acceptance on CatPAWS before accessing this website. Direct PLUS Loan (parent) Acceptance: Please see the back of this form. Transacting your award letter in CatPAWS is the preferred and quickest method for accepting your aid offer. If you would prefer to have a paper award letter printed, you can mark on CatPAWS that you do not agree to use electronic means of communicating your award information. Contact us at finaid@nwmissouri.edu or call 660.562.1363 to request a paper award letter. If revisions of your award offer are required, you will receive a revised award letter that will provide notification of any award updates. These notifications will be provided through the preferred email account (once you are enrolled, this will always be your University assigned account). Office of Scholarships and Financial Assistance Northwest Missouri State University 800 University Drive Maryville, MO 64468-6001 660.562.1363 or 800.633.1175 660.562.1674 fax Instructions for Direct PLUS Loan (parent) The Direct PLUS amount shown on the award offer is the maximum Direct PLUS Loan (parent) eligibility. The parent borrower may choose to accept all or part of this amount or decline the entire amount. Acceptance of the Direct Parent PLUS Loan on the award offer does not mean that a loan is automatically created or credited for the student. Provide only one parent’s information on the Parent Loan Request Form and the Master Promissory Note (MPN). The date of birth and social security number of the parent borrower and student must be correct. Upon acknowledgment that the MPN has been completed online or receipt of a completed paper MPN and an approved credit decision, the loan proceeds will credit to the student’s account at the next available posting. The disbursement process begins on the first day of classes for each trimester. If the credit decision is denied, our policy is to move eligibility to additional unsubsidized loans (not to exceed the federal limit) for the student unless the parent has indicated that they wish to pursue one of the other options. A notification is provided by the US Department of Education to the parent applicant indicating the options available to them. If your parent chooses to borrow through the Direct PLUS Loan (parent) program, the following information and instructions will help guide him/her through the Direct PLUS Loan (parent) process. To receive a Parent PLUS Loan you must accept the loan offered on your award letter and your parent must request the Parent PLUS Loan. Your parent can request the loan by visiting studentloans.gov, sign in with their FSA user ID and then click on “Complete PLUS Request Process”. If the parent who signed the FAFSA is not the one completing the PLUS Request, your parent borrower will also need to create an FSA user ID. Although we recommend applying on-line, parents may also apply by completing a paper 2016-2017 Parent PLUS Loan Request Form. Please contact our office if your parent is unable to use the online process to request a PLUS Loan. Cost estimator for the 2016-2017 academic year Tuition and Fees: In-State $305.96 per credit hour 2016-17 rate Out-of-State $516.64 per credit hour 2016-17 rate Room and Board $4,524.00 per trimester (Silver meal plan, average residence hall 2016-2017 rates using double occupancy room rate) Multiply the appropriate tuition and fee rate times the number of credit hours enrolled to determine your tuition and fees for the term. Tuition and Fees $_______________ X Credit Hours _______________ = Total Tuition/Fees Charge for the term $_______________ A cost estimator is also available at nwmissouri.edu/bursar/worksheets.htm Room and Board + $ 4,524.00 * *est. Silver meal plan, average residence hall 2016-2017 rates COST FOR THE TRIMESTER = $_______________ For important information concerning your financial aid offer go to: nwmissouri.edu/finaid