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General Guidelines

• Apply for aid by filing your FAFSA by March 1.
• Promptly send any requested information.
• Receive your award letter.
• If you want to accept your Direct Loan:

1. Complete Direct Loan Promissory Note online at https:dlenote.ed.gov
2. Complete Entrance Counseling for Direct Loan online at www.dlssonline.com

• Attend entrance counseling for Direct Loan.
• Register for classes.
• Receive, sign and return one copy of billing invoice and pay any balance to Cashier.
• Be fully admitted with Admissions.
• Keep correct address on file with Admissions.
• Read all information carefully and know the status of your file.

The FAFSA A financial need analysis form - the Free Application for Federal Student Aid (FAFSA) – from the U.S. Department of Education determines your eligibility for federal financial aid. Glenville State’s Department of Education CODE NUMBER is 003813. After completing the paper FAFSA or filing electronically at http://www.fafsa.ed.gov, you will receive a Student Aid Report. All the schools you listed on the report will electronically receive your financial information. You are encouraged to SUBMIT THE FAFSA BY MARCH 1 for prompt processing. There is no separate institutional application.

Grants, loans and work opportunities Financial assistance in the form of grants, loans and work opportunities is awarded based on your financial need. The amount your family is expected to contribute toward your education is based on your family’s financial strength. Income, family size, number of family members in college, assets, allowable expenses and indebtedness affect your financial aid eligibility. Some students’ applications are selected for verification, in which case you will be required to submit income documents. Students must attend school at least half-time to be considered for student loans, as well as to defer their student loan payments.

Eligibility Students are offered federal aid based on residency, expected family contribution (EFC), date their application was received and their desire for work and/or loans. The “estimated cost of attendance” is the budget used to determine student eligibility for aid. Awards are made assuming full-time enrollment. Students who enroll less than full-time will have their awards pro-rated and should contact the Financial Aid Office.

Veterans benefits and other outside resources can affect eligibility. If you receive aid from outside sources such as VocRehab, National Guard and other scholarships, your aid package may be adjusted.

Students wishing to participate in an approved study abroad program may also be considered for financial aid.

Summer school financial aid is considered an extension of the immediately preceding academic year. There are limited funds available for summer school, unless a student has remaining eligibility for Pell Grant or Direct Loan. Students must have completed the FAFSA for the previous school year and also must submit an institutional summer school financial aid application to be considered.

To receive your funds All students must be fully admitted to college before any aid can be disbursed. Fully admitted students will receive a billing invoice from the cashier’s office with actual costs. The invoice must be signed and returned before any aid can be completely processed.
If all requirements are met, funds will be disbursed to your account on or after the first day of classes of a term. Generally, you must have a completed financial aid file, signed a promissory note and taken entrance counseling for Direct Loans, enrolled for classes, must be fully admitted, you must make satisfactory academic progress and you must have returned a signed billing invoice to the cashier’s office.

If you have a credit balance after financial aid funds have paid for your tuition and fees, a check for the remaining balance will be available within 10 working days at the cashier’s office with proper identification. If checks are not picked up, then checks will be mailed to your permanent address as listed in the school’s computer system.

Withdrawing from school Students who receive financial aid and find it necessary to withdraw from all classes must notify the Financial Aid Office as part of the withdrawal process. When you drop below half time, you will enter the grace period for repayment of loans. All recipients of federally guaranteed loans (Federal Direct and PLUS loans) are required to undergo Exit Counseling upon leaving school or graduation. Failure to do so will cause a hold to be placed on your records. (Student Withdrawal Fact Sheet.)

Students who receive financial aid while attending Glenville State will not receive any cash refunds upon withdrawal from school until all financial aid amounts which were disbursed for that enrollment period are repaid. Repayment of financial aid will be calculated until 60 percent of the semester is over.

Title IV funds recipients are subject to the “Return of Title IV Funds” policy, which is based on the percentage of the enrollment period completed and the amount of Title IV aid disbursed. This is a separate calculation from the institution’s refund policy.

After you have completed 60 percent of the semester, you will not be required to return Title IV funds. Loans are repaid by the student according to the terms and conditions of the promissory note. Any money owed by the student must be repaid to the school within 45 days of notification of the repayment, or it will be turned over to the Department of Education for collection and you become ineligible for further federal financial aid. You will be billed for any amount the school must return due to the your withdrawal that is not covered by the institutional refund policy.

Special circumstances Consideration may be given to students with special circumstances such as separation/divorce, loss of income, unusual medical expenses, death in the family or other situations. Students with special circumstances should contact the Financial Aid Office.

Regulations Students receiving Title IV financial aid must maintain satisfactory academic progress toward a degree. Students not maintaining satisfactory progress will be suspended from receiving any federal financial aid.

Glenville State follows the Dependency Status definition of a student as set forth by the United States Department of Education. However, if there are very unusual circumstances, exceptions may be made.

The Financial Aid Office RESERVES THE RIGHT on behalf of Glenville State to review, adjust or cancel an award at any time due to changes in the recipient’s financial, academic or residency status. Awards could also be changed based on the availability of funds and/or changes in regulations and/or procedures mandated by the college, state or federal authorities and/or computer-based error.

Visit these sites for valuable financial aid information

F.A.F.S.A. (Free Application for Federal Student Aid)
FinAid - The Smart Student's Guide to Financial Aid
US Department of Education
Student.gov - Student's Gateway to the US Government
Promise Scholarships
Higher Education Policy Commission Financial Aid Application
Higher Education Policy Commission Student & Educational Services