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Pell Grant Lifetime Eligibility
Beginning April 15, 2012, the Department of Education will send an e-mail to any applicant who has completed a 2012-2013 FAFSA, and who is Pell-eligible and has a calculated Lifetime Eligibility Used (LEU) percentage greater than 500 percent. More information is available at http://studentaid.ed.gov/PORTALSWebApp/students/english/PellLimit.jsp.
Recent Changes to the Student Aid Programs
As a result of recent legislative changes, you should be aware of a number of new requirements for the federal student aid programs. Most of these changes are effective with July 1, 2012. Here’s an overview of the changes that could impact your financial aid for the upcoming academic year and in the future. Pell [...]
Financial Aid – Spring 2012
Financial Aid for the Spring 2012 Semester has been disbursed to all eligible recipients. Review your Banner Self Service Account for more information!
Graduate Students & Subsidized Stafford Loans
President Obama signed the Budget Control Act of 2011 into law on August 2, 2011 eliminating the in-school loan interest subsidy for graduate and professional students for periods of enrollment beginning on or after July 1, 2012.
Regulatory Changes to Application Processing
For the 2012-2013 award year, the Department of Education has made a significant change to the documentation requirements for applicants selected for verification. Verification is a process to confirm the information provided on an applicant’s Free Application for Federal Student Aid (FAFSA).