Financial Aid Office 9801 Frankford Ave. Philadelphia, PA 19114 Phone: 267-341-3233 Fax: 215-599-1694 [email protected]
2014-2015 Financial Aid Filing Information Priority Deadlines
In order to ensure that your financial aid will be in place by the billing date, all financial aid paperwork should be received by the following dates. If not, you will be required to pay your bill by the billing date and then be reimbursed after your aid has been disbursed. For the Summer 2014 terms ......................................................... March 15, 2014 For the Fall 2014 & Spring 2015 semesters ...................................... April 1, 2014 For the Spring 2015 semester ................................................... November 1, 2014
(new students beginning in Spring 2015)
Filing Checklist The items below are the essential steps in the financial aid process. Please check off each step once you have completed it. Submit your 2014-2015 Free Application for Federal Student Aid (FAFSA) by the priority deadline shown above. File on-line at www.fafsa.ed.gov. In order to electronically sign your FAFSA on the Web, you (and a parent, if parental information is required on the FAFSA) will need to get a Personal Identification Number (PIN) by visiting www.pin.ed.gov. Submit your 2014-2015 Holy Family Supplemental Data Form by the priority deadline shown above. You can print this form from our web site, www.holyfamily.edu/finaid/forms (choose “2014-2015”). This form should be submitted to the Financial Aid Office. If you wish to apply for financial aid for the 2014 summer terms, submit a 2014 Holy Family Summer Financial Aid Application, in addition to the forms listed above. You can print this form from our web site, www.holyfamily.edu/finaid/forms (choose “2014-2015”). This form should be submitted to the Financial Aid Office. For new borrowers of Direct Federal Stafford Loans, file a Direct Federal Stafford Loan Master Promissory Note (MPN) and complete Entrance Counseling. This can be done on-line at www.studentloans.gov. Submit any other forms requested by the Financial Aid Office. You may also be requested to submit paperwork to your state grant agency. Be sure to respond to any requests promptly to avoid delays in the processing of your financial aid. If you do not have web access, you can pick up forms (other than the FAFSA) in the Financial Aid Office, Room 203 of Holy Family Hall or at the front desks of our Newtown and Woodhaven sites. You may also call or email our office using the information at the top of this page and we will be happy to mail them to you. If you prefer to file your FAFSA through the mail, you must download and print an application from www.fafsa.ed.gov, then complete and mail it to the federal processor. Once we receive all necessary information, we will process your aid and send your award letter. Returning students will have aid processed after the Spring 2014 grades are finalized (usually June) and once you are registered for the Fall 2014 semester. New students will have aid processed once you are accepted to a degree or teacher certificate program and registered for the Fall 2014 semester. Aid applications filed by the priority deadlines listed above are processed first. Applications filed after that date are awarded on a funds-available basis.
Other Important Information • Returning students must maintain Satisfactory Academic Progress (SAP) in order to maintain eligibility for their financial aid each year. A detailed description of Holy Family’s SAP policy can be found in the Undergraduate and Graduate University Catalogs or at www.holyfamily.edu. • In order to receive federal, state, and some Holy Family funded aid, you must be accepted into a degree program or teacher certification program. You must also be a U.S. citizen, national or permanent resident of the U.S. or one of its territories. Most types of financial aid require you to be enrolled at least half-time per semester (6-11 credits for undergraduate and graduate students, 3-5 credits for doctoral students and, for accelerated students, this may be any combination of sessions within a semester totaling at least 6 credits). For some kinds of aid, you must be full-time (at least 12 credits per semester for undergraduate students, 9 credits per semester for graduate students, and 6 credits per semester for doctoral students). Federal Pell Grants may be awarded for less than half-time enrollment for eligible undergraduate students. • To be eligible for a PHEAA state grant, online (including hybrid) courses cannot exceed more than 50% of your total credits each semester. • PHEAA state grant rules require that accelerated undergraduates must be enrolled in a minimum of 3 credits per session for all three sessions of a semester to receive a PHEAA state grant. • Accelerated students’ aid is not credited to their accounts until the end of the add/drop period of the last session of each semester. • Additional aid is not awarded to cover overload courses or double majors. • Federal Stafford Loans and Federal Pell Grants are the only sources of aid that may be awarded for a fifth year of full-time undergraduate enrollment. • Graduate students and students pursuing a second bachelor’s degree or teacher certification are only eligible to receive Direct Federal Stafford Loans. • Graduate students pursuing a teacher certification, not a master’s degree, will have their Direct Federal Stafford Loan eligibility based on undergraduate loan limits. • Graduate students can only receive financial aid for graduate credits since undergraduate credits are not degree requirements.
Please feel free to contact the Financial Aid Office with any questions that you may have during the filing process. We are here to help make this important process go as smoothly as possible.