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Florida Atlantic University - Financial Aid
 
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  Newsflash......                          

» FAFSA 2008-2009 Available!
» Student Requirements for 2008-2009 Available on MyFAU!
» Unsatisfactory Academic Progress Notices Sent Via FAU Email!
» Review & Accept FALL 2008 Award  Offers on MyFAU!
» IMPORTANT:  A/R Holds Can NO LONGER Be Lifted!
» Sign up for Direct Deposit Online!
» FALL 2008 Short Term Advance
» Need Book Loan $$$ to Purchase Textbooks? Click on link above
» Check the Status of Your Short Term Advance
» Withdrawing from Classes
» Requirements for Stafford Loans
» Estimate your Cost of Attendance
» Florida Prepaid College Plan Students
» Financial Aid is Based on Actual Enrollment
» Hands on Banking: "Managing Your Money"!
» Crime Statistic Information

FAFSA 2008-2009 Available!

It is time to fill out your 2008-2009 Free Application for Federal Student Aid (FAFSA) for the upcoming 2008-2009 academic school year (FALL 2008, SPRING 2009 & SUMMER 2009). The FAU priority deadline was March 1, 2008. All applications received after this date will be reviewed in order of receipt. Apply online to save time and effort. When filling out the application, make sure to complete the planned housing code (on Step 6, Housing Plan, on your FAFSA form) with your appropriate housing status, since leaving this section blank could result in underfunding.  FAU School Codes(Boca Campus:  001481, Davie Campus:  E00584, Jupiter/PSL Campus:  E00830).

Student Requirements for 2008-2009 Available on MyFAU!


If you have already submitted your 2008-2009 FAFSA, check the Money Matters! tab on MyFAU (click on "View 2008-2009 Financial Aid Information") to verify if additional documents are required.  Any documents listed under the Unsatisfied Requirements section MUST be submitted to this Office as soon as possible so that we can determine your eligibility for aid.  Incomplete or inaccurate responses will cause lengthy delays in the evaluation of your financial aid eligibility.  Award offers will not be available until all documentation is submitted and satisfied.  Verification Worksheets for Dependent and Independent Students can be downloaded from this (click on Forms to Download link on left).  Submit only ORIGINAL citizenship documents, if requested. 

Unsatisfactory Academic Progress Notifications Sent Via FAU Email!


Federal regulations require students to demonstrate Satisfactory Academic Progress toward a degree in order to be eligible to receive financial assistance under Title IV Programs.  Academic progress for financial aid applicants is review prior to disbursing financial aid each academic year and is based on total cumulative credits attempted at FAU at the end of the student's most recently complete term, regardless of whether the student has previously received financial aid.  Students who are NOT meeting this requirement have been notified via their FAU email account regarding the specifics and the procedure to request an appeal.  Log on to MyFAU to check status.

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Review & Accept FALL 2008/SPRING 2009 Award Offers on MyFAU!


Financial Aid Award Offers for FALL '08 and SPRING '09 are now available on the Money Matters! tab on MyFAU then click on "View 2008-2009 Financial Aid Information" link.  For more details on how to access your financial aid other information, click here


A/R Holds Can NO LONGER Be Lifted!

The Office can NO longer lift accounts receivable holds from the Controllers Office due to new Federal Regulations. If you have an accounts receivable balance, it must be PAID IN FULL. Payment plan options for the Fall and Spring tuition and fees are available online.

Sign up for Direct Deposit Online!

Sign up for Direct Deposit online and have your financial aid refund deposited into your bank account instead of waiting for a check to arrive in the mail.  The Direct Deposit Form is available on MyFAU and click on the Money Matters tab.  Click here for more details.


FALL 2008 Short Term Advance

The Short Term Advance application for FALL 2008 will be available beginning August 8, 2008 on MyFAU (click on the Money Matters tab).  The Short Term Advance is an University monetary advance for purchasing textbooks or other unanticipated expenses.  Funds will be directly deposited into the student’s existing bank account (preferably with BankAtlantic); however funds can be direct deposited into your existing financial institution. Click here for more details and eligibility requirements.  NOTE:  Short Term Advance funds will NOT be disbursed before the first day of classes.

Students will need their FAU Z Number when applying for a Short Term Advance. Bank account information will no longer be needed when filling out this application; however, to view or establish direct deposit for short term loans or financial aid refunds, log on to MyFAU and click on the New FAU Self-Service (OWLS) link on the homepage and follow the links to direct deposit.

NOTE: If student is under 18 years of age, please complete and submit the Parental Short Term Advance Application.  In addition, submit the Direct Deposit Form (located on MyFAU and click on FAU Self-Service link on the homepage and follow the links to direct deposit).

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Withdrawing from Classes

If you withdraw from a class and are a recipient of Title IV financial aid (i.e.  Pell Grant, Stafford Loans, SEOG, Perkins Loan), you must be able to provide documentation that you attended a minimum of one day of each class that you dropped.  Acceptable forms of documentation include a signed memorandum from faculty on FAU letterhead, graded quiz/test or assignment, or an email to the Financial Aid Office from the faculty FAU email account.

       
Requirements for Stafford Loans

If you HAVE NOT previously borrowed a Federal Stafford Loan through FAU, or if your last Federal Stafford Loan from FAU was borrowed prior to the 2001-2002 academic year, download the Lender Designation Form for Federal Stafford Loan Borrowers. Complete the required items on this document (name, SSN, date, and lender designation). This form MUST be read, signed and returned to the Office of Student Financial Aid.  Also complete (Entrance Counseling, and the Master Promissory Note (MPN). Click here for more information on Stafford Loans.


Estimate your Cost of Attendance


Students.....Need help with estimating your cost of attendance.  Click here to calculate an estimate of your tuition and other associated fees for the 2007-2008 academic year. To view tuition per credit hour for the current academic year, click here.

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Florida PrePaid College Plan Students

Students who must report parental information on the FAFSA should report all qualified educational benefits or education savings accounts owned by the parents - including Coverdall savings accounts, 529 college savings plans, and the refund value of 529 state prepaid tuition plans - in question 88.  If the account is owned by a student who must report parental information, the value of the account is not to be reported.  If the account is owned by a student (or the student's spouse) who is not reporting parental information, the value is to be reported as an investment - in question 44.
              

Financial Aid is Based on Actual Enrollment

Please read the following important information: Please be advised that, prior to disbursement, the financial aid amounts which appear on your account are estimated amounts which may be adjusted due to several factors (such as changes in classification, enrollment, residency status, or financial resources). It is your responsibility to be aware of the terms and conditions of all financial aid awards, including all requirements regarding tuition deferment and aid disbursement. You may review The Office of Student Financial Aid Terms and Conditions of Awards document by clicking here.

FULL TIME ENROLLMENT

CREDIT HOURS

Undergraduate (including second bachelors)

12 or more hrs

Graduate      

9 or more hrs

       

¾ TIME ENROLLMENT

CREDIT HOURS

Undergraduate (including second bachelors)

9 – 11 hrs

Graduate      

7 – 8 hrs

      

½ TIME ENROLLMENT

CREDIT HOURS

Undergraduate (including second bachelors)

6 – 8 hrs

Graduate      

5 - 6 hrs

     

LESS THAN ½ TIME

You will NOT be eligible for grants if you are enrolled less than ½ time at FAU.  In some cases, Federal PELL Grant recipients may be eligible to receive their PELL Grant with less than ½ time enrollment.

              
            
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Hands on Banking: "Managing Your Money"!

 Brush up on the basics of good money management and learn the skills needed to create a brighter financial future with the Hands on Banking® program.  Click here for more details. 

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The student financial aid programs are administered, according to a nationally accepted policy, that the family (meaning parents, student and/or spouse) is responsible for educational expenses. Financial aid is available to supplement a family's contribution in order to help students meet the cost of post-secondary education.



Crime Statistic Information!

Crime statistic information is available online through a link on the Florida Atlantic University Police Department website at http://www.fau.edu/police/clery.php or directly through the Department of Education’s Office of Post Secondary Education website at  http://ope.ed.gov/security/search.asp.  On this page enter FAU’s OPE code (00148100) at the prompt.  The statistics are broken down by each campus.

Hard copies of the crime statistics are also available at the FAU Police Dept. on the Boca Campus in the Campus Operations Building (Bldg 69).

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Last Modified - 08/28/08 17:04:55

 
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