- Will I qualify for financial aid?
- When do I apply for aid and when will I be notified?
- How do I apply for aid as a foster youth or homeless minor?
- What if the amount I receive falls short of the cost?
- I received my award, now what?
- What happens if I receive an outside scholarship (not awarded by PLU)?
- When do I receive my financial aid funds?
- What can we do if our financial condition has changed since filing the FAFSA?
- How do I (or my parents) access my PLU information?
- Why Didn't My Financial Aid Disburse?
- How Do I Apply for Summer Financial Aid?
- What happens if I am denied federal financial aid due to a drug conviction?
- What happens if I withdraw from all of my classes?
- If I have both the Federal Stafford and Direct Loans, will I have to make two payments when I enter repayment?
- Who would I talk to if I have questions or problems with my Direct Loan?
- If I accept work study, am I obligated to work?
- I declined my work study, but have now found a Job. Can I get it back?
- Can I receive financial aid to replace a declined work study award?
- Why can't I use my work study award to reduce what I owe on the university bill?
- How Do I Apply for Summer State Work Study?
- How should I decide which lender to use?
- If I decline my loan(s), can I get them back later?
- I will become a sophomore or junior after fall/jterm credits. How do I increase my Direct loan to the higher annual loan limit?
- How much can my parents borrow in the Federal Parent PLUS Loan?
- How do I apply for the Federal Direct Parent PLUS Loan or an alternative loan?
- Do I apply for the Direct/PLUS loan for a semester, the academic year or all four years?
Will I qualify for financial aid?
When do I apply for aid and when will I be notified?
How do I apply for aid as a foster youth or homeless minor?
What if the amount I receive falls short of the cost?
I received my award, now what?
What happens if I receive an outside scholarship (not awarded by PLU)?
If you have been awarded outside scholarships, you must inform the Financial Aid Office, providing the name and dollar amount of each scholarship to be received during the 2014-15 academic year. Notification of your outside scholarships can be made by emailing us at firstname.lastname@example.org. Please attach to your email any written notifications or instructions you received from the scholarship provider regarding your outside scholarship. PLU may be required by federal regulations to adjust your need-based aid package when outside resources are received. If an adjustment is necessary, loans and work study will be adjusted first. Grants and scholarships will be adjusted only if required and as a last resort.
When do I receive my financial aid funds?
What can we do if our financial condition has changed since filing the FAFSA?
How do I (or my parents) access my PLU information?
Why Didn't My Financial Aid Disburse?
Fall semester financial aid will be disbursed onto your student account to pay your university charges, beginning Sept 18 (Feb 20 for spring semester). Your aid will NOT disburse if:
- You have not yet accepted your financial aid award (your award still sits at the "offered" status).
- You have been selected for verification and have yet to submit the Verification Worksheet and/or the applicable 2011 U.S. federal tax returns
- You have need-based financial aid and your FAFSA estimated income information has not been updated with actual figures and the tax filing status from "will file" to "already completed".
- You are a first time borrower of a Federal Direct or Direct Grad PLUS Loan and have not yet completed the application/promissory note and/or the required Entrance Counseling.
- You have a Federal Perkins or Nursing Loan and have not completed/signed the required on-line "paperwork".
- You have ignored your PLU email account that included notifications of the above missing steps.
How Do I Apply for Summer Financial Aid?
What happens if I am denied federal financial aid due to a drug conviction?
What happens if I withdraw from all of my classes?
The university calculates and returns Title IV funds according to Federal Title IV policy 34CRF 668.22. The amount of Title IV funds (other than Federal Work Study) that must be returned to the Title IV programs is based solely on the length of time the student was enrolled before withdrawing. This policy is effective for complete or full withdrawal from a semester in which a student receives Title IV federal funds. If a student receives a tuition refund due to completely withdrawing from the university:
- All PLU gift aid will be removed from the student’s account.
- Student receives a 100 % tuition refund if withdrawal occurs prior to the first day of class
- If a student withdraws after the start of classes but before 60 percent of the semester has elapsed, a percentage of Title IV funds will be returned to the federal program based on the length of time the student was enrolled. Refunds are prorated on a daily basis beginning the first day of class until 60% of the semester has elapsed.
- After 60 percent of the semester has elapsed, the student is considered to have used all aid received for the semester. There is no tuition refund if withdrawal occurs after 60% of the semester has elapsed.
- The return of Title IV funds is calculated upon the date a student officially withdraws during the semester.
- Summer full withdraws are calculated using 60% of the student’s originally intended schedule to determine return of Title IV funding.