Financial Aid Checklist

  1.  Create a Federal Student Aid ID. An FSA ID (username and password) is used as your electronic signature for the FAFSA.  Your FSA ID is also used to complete your Master Promissory Note (MPN) and access your Federal Student Aid records online. Parents will also need an FSA ID to complete their section of the FAFSA. Do not share your FSA ID with anyone!  If you already have an FSA ID, you do not have to complete this step.
  2. Complete the Free Application for Federal Student Aid (FAFSA).  The FAFSA is completely free and the Financial Aid Office can help you with FAFSA questions if you need assistance.
    • To qualify for federal student aid you have to meet certain eligibility criteria.
    • The federal school code for Purdue University North Central is 001826.
    • The FAFSA must be received by the Federal processor by March 10 each year for you to be considered for state aid.
    • More information is available at How to Apply for Financial Aid.
  3. Research scholarship information at the Scholarships at PNC webpage. Scholarships are a type of gift aid that may provide you with free money for college.  PNC students are awarded institutional scholarships based on donor requirements, student qualifications and fund availability. In addition to institutional scholarships, there are other scholarship opportunities available for you to research.
  4. Submit all required documentation. After your FAFSA is processed, you will receive a Student Aid Report (SAR). The SAR is a summary of your FAFSA data and will display your Expected Family Contribution (EFC) which is used to determine your aid eligibility. Your FAFSA will also be received by Purdue North Central and the Indiana Division of Student Financial Services (SFA)If your file has been selected for verification or additional documentation is requested, PNC will notify you by email and through messages on Self-Service Banner. Provide all requested documentation to the Financial Aid Office in order to complete your file and receive your financial aid award package. All state aid edits must be resolved by the May 15 state edit deadline each year. 
  5. Review your Award Notification.  Once your FAFSA has been received and processed and all requirements have been met watch for your financial aid award package. Your awards will be based on your Expected Family Contribution (EFC), grade level, enrollment status and other factors. Click on How Aid is Calculated for more information. Accept or decline your awards in Self-Service Banner. Learn more about Viewing and Accepting Awards on the Tutorials webpage. Watch for an email from PNC regarding your award notification.  Watch for a separate email from SFA regarding your state eligibility.
  6. Complete Loan Entrance Counseling and Master Promissory Note (MPN) at If you are a first-time borrower at PNC and have accepted loans you will need to complete this step before your loans will be disbursed (paid) to your account. If you are offered a subsidized Stafford loan, accept it before your unsubsidized Stafford loan. Learn more about loans on the Direct Loan Information webpage.
  7. Confirm your enrollment and accept charges for fees prior to the invoice due date each semester.  In order for your financial aid to post to your account you must confirm your enrollment and accept your charges prior to the invoice due date each semester.  Use the Confirming Enrollment tutorial for assistance.
  8. Receive your refund, if eligible. If the amount of your refundable financial aid is greater than your bill for the semester tuition and fees you will receive a refund from the Bursar’s Office via direct deposit or paper check.  Learn how to set up direct deposit on the Tutorials webpage.
  9. Continue to monitor your PNC student e-mail and Self-Service Banner for messages and information from the Financial Aid Office. Any changes to your enrollment or other eligibility factors could result in a change to your financial aid and may result in a balance due. Refunds issued to you that you are no longer eligible for must be returned to the University.

Financial Aid Process Presentation