Fall 2014 On-Line Financial Aid Deferment Process
The Fall 2014 on-line Financial Aid Deferment process is now accessible by students through Self-Service Banner. The Financial Aid Deferment process enables students who qualify to extend their final payment deadline for the semester from August 8 to October 1, 2014 providing them with additional time to complete the financial aid process and for the Financial Aid Office to finalize their aid eligibility.
Note: In many cases the student’s full tuition and fees will be deferred. In cases where the amount of the student’s estimated financial aid is less than the student’s bill for tuition and fees, the student is responsible for paying the difference immediately, or establishing an installment plan immediately for the balance due.
Who May Complete the on-line Financial Aid Deferment?
- Students just now applying for financial aid, OR
- Students just now completing their financial aid file
Take Steps Today to Protect Your Classes from Cancellation!
- Confirm your enrollment by logging on to Self-Service Banner
- If you have applied for financial aid, check on your financial aid status by logging on to Self-Service Banner
- If financial aid awards exist, accept/decline your financial aid awards by logging on to Self-Service Banner. Take advantage of the payment plans or pay in full to pay any balance not covered by your authorized* financial aid by the August 8 fall payment deadline.
- If no financial aid awards exist, complete the on-line Financial Aid Deferment available from the Financial Aid menu in Self-Service Banner. Take advantage of the payment plans or pay in full to pay any balance not covered by your authorized* financial aid by the August 8 fall payment deadline.
Remember, the Financial Aid Deferment extends the payment deadline to October 1, 2014. Payment in full must be made by October 1, 2014 or before.
*Authorized Aid is aid that will reduce a student’s bill as all requirements have been met for these funds to post to the student’s account.
COMMUNICATION FROM THE FINANCIAL AID OFFICE
The Financial Aid Office uses electronic communication for the majority of our communication with students. This allows us to effectively communicate with you in a timelier manner. It is very important for students to do the following DAILY:
- Check your PNC email and your personal email (as provided by you on your FAFSA) for important messages from our office.
- Check Self-Service Banner for important messages and to review any documents that may be required from you at this time.
- Check the Financial Aid home page on a regular basis for helpful information.
If you need assistance or have questions please contact our office at (219) 785-5460, visit us in Technology Building, Room 157 or email us at email@example.com.
SATISFACTORY ACADEMIC PROGRESS
Financial Aid Satisfactory Academic Progress status for summer 2014 has been updated. If your status is Satisfactory you continue to remain eligible for financial aid. If your status is Warning or Probationary you continue to remain eligible for financial aid, however, you must meet all Satisfactory Academic Progress requirements in order to receive financial aid beyond the Warning or Probationary term. If your status is Ineligible you are not eligible for financial aid until you once again meet all of the Satisfactory Academic Progress requirements or have an approved appeal and academic plan. Click on Satisfactory Academic Progress for additional information.
STATE FINANCIAL AID
Indiana awards and scholarships are administered by the Division of Student Financial Aid (SFA) and include the Frank O’Bannon Grant, The 21st Century Scholars Award and the Part-Time Grant. You may apply for state aid by filing a Free Application for Federal Student Aid (FAFSA). The FAFSA must be received by the Federal Processor for state scholarship/grant consideration after January 1 but on or before March 10 each year. SFA has a self-service website, called eStudent, for students that have filed a FAFSA as residents of the State of Indiana.
2014-15 ACADEMIC YEAR
Submit your 2014-15 Free Application for Federal Student Aid (FAFSA)
The first step in the Financial Aid process is to complete the Free Application for Federal Student Aid (FAFSA). Each January the new FAFSA is available for the following academic year. If you have already filed your (your parents) 2013 Federal Tax Return, take advantage of the IRS Data Retrieval Tool to have your (your parents) tax information downloaded directly to the FAFSA. To be considered for state grants your FAFSA must be received by the Federal Processor by March 10 each year. If your tax data is not yet available you can estimate it using your W2 forms or prior year taxes so you can meet the March 10 state filing deadline. Once you receive your actual tax data you can make corrections to your FAFSA online or with the Financial Aid Office. Note: All corrections must be filed before the May 15 state edit deadline.
All admitted degree-seeking students who are U.S. citizens or permanent residents will qualify for financial aid once the FAFSA is received and all requirements are met. The type of financial aid awarded will be based on the student’s eligibility. There is no fee to file the FAFSA, so why not find out what programs you are eligible for?
Are you new to Purdue University North Central? Learn more about financial aid and becoming a successful PNC student at New Student Orientation.
FAFSA Verification for 2014-15
Verification is a process created by the U.S. Department of Education intended to improve the accuracy of the data submitted on the FAFSA. If you are selected for verification, the Financial Aid Office will ask for documentation necessary to verify data submitted on the FAFSA. You are encouraged to use the IRS Data Retrieval Tool to transfer federal income tax data to the FAFSA. Unmodified tax data elements will not be subject to verification. Check Self-Service Banner (SSB) DAILY to monitor your financial aid status and watch for emails from the Financial Aid Office requesting information and/or needed to complete your financial aid file for 2014-15.
Financial Aid Awarding for 2014-15
Financial aid awarding for 2014-15 is scheduled to begin mid spring for newly admitted freshman. Awards for all other students will begin in late May after spring 2014 grades are complete and Satisfactory Academic Progress (SAP) statuses have been updated. Students with financial aid awards ready to be reviewed will be notified by email. To view your awards go to Self-Service Banner (SSB) via myPNC and click on the Award Information link. If you have not yet been awarded our office may need additional documentation from you. Be sure to review your Overall Status of Financial Aid within SSB to check for important messages regarding your financial aid.