Funds from institutional, federal, state, and private sources are used in this process. Application Financial need is defined as the amount of the annual educational expense, which cannot be met through family resources. First-time aid applicants who apply for financial aid by February 15 will be notified of aid eligibility during the first week of April. Returning students with completed financial aid applications by April 1 will be notified of aid eligibility by the second week of June. Verification Colleges are required by federal regulations to verify the accuracy of selected students' aid applications.
Schools reserve the right to verify information provided by all financial aid recipients.
This is the area where you are going to find flexibility in negotiating an aid package and comparing school to school. Federal Aid Federal financial aid programs are available in the form of grants, loans, and employment. The application timetable begins January 1 of the year in which the student anticipates fall term enrollment and ends May 1 of the following calendar year. For full-time eligibility, the student must enroll in a course load of 12 semester hours in any given semester. Recipients must be eligible for the Federal Pell Grant program.