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Money for College

 

Spring 2008

Office of Financial Aid Newsletter

Volume 1 No. 8

2008-2009 Financial Aid Application Deadline !

March 15, 2008

•  Apply between January 1 and March 15, 2008 to be considered for all types of financial aid (federal, state, and institutional).

•  Submitting your FAFSA within the above dates will help you meet PHEAA's deadline of May 1, 2008 for State Grant consideration.

•  Paper FAFSAs are NO LONGER AVAILABLE – the FAFSA MUST be completed online at www.fafsa.ed.gov .

•  FAFSA on the Web Worksheets are available to help you complete your FAFSA online.

•  Pick one up at the Office of Financial Aid.

•  Go to www.fafsa.ed.gov , select “Before Beginning a FAFSA”

•  If you completed a FAFSA in 2007-2008, you can complete the Renewal FAFSA online for 2008-2009. Be sure to list Millersville University (school code 003325) and list your housing status.

•  Get a PIN Number – to complete the FAFSA online, you are required to have a PIN number (your electronic signature).

•  If you do not have a PIN, go to www.pin.ed.gov , select “Apply for a PIN.”

•  If you have one and do not remember it, select “Request a Duplicate PIN.”

•  The student and at least one parent must have a PIN number (unless parent information is not required on the FAFSA).

Beginning 01/02/08 – the PIN will be available in real-time – you will not have to wait to receive it.


Scholarships

  Would you like FREE money? Of course you would!

•  MU Scholarship applications will be available beginning January 21, 2008 and are due to the Office of Financial Aid no later than February 8, 2008 .

•  Applications are available online at the above link or at the Office of Financial Aid.

•  Check the website for more details regarding the specific MU Scholarships.

•  Check out information about other scholarships on our website using “Scholarship Searches


Prevent FAFSA Delays

See the chart below for help with questions students fail to answer or answer incorrectly. You must respond to ALL questions and provide signatures in order to complete the FAFSA.

Your email address

If you provide an email address, the processor will correspond with you electronically. Leave blank to receive information through regular mail.

Degree working on during
2008-09

1 = 1 st Bachelor's Degree

2 = 2 nd Bachelor's Degree

4 = Associate Degree

6 = Post Baccalaureate Certification

8 = Master's Degree

Grade Level

0 or 1 = 1 st year (0 — 29.9 credits

earned)

2 = 2 nd year (30 — 59.9 credits earned)

3 = 3 rd year (60 — 89.9 credits earned)

4 = 4 th year (90+credits earned, 2 nd Degree)

5 = 5 th year, Post Baccalaureate

Certification

Types of aid that interest you

1 = federal work-study (money earned through working)

2 = student loans (which you must pay back)

3 = both work-study and student loans

4 = neither

5 = don't know

Convicted of a drug offense?

Do not leave this item blank .

Failure to respond = no federal student aid.

School Info.

MU's School Code = 003325

MU's Address: P.O. Box 1002 , Millersville , PA 17551

Housing Plans

1 = on campus/dorm

2 = off campus/apartment

3 = living with parents

 


Summer Classes

Are you interested in taking classes this summer and need help paying for them?

In order for your financial aid to be processed before your bill is due, you must:

•  Complete the FAFSA before March 15, 2008

•  Complete the Millersville University 2008 Summer Financial Aid Request Form (available after February 1, 2008) and submit it to the Office of Financial Aid by March 15, 2008.

•  Maintain an enrollment of 6 credits or more throughout the summer and be admitted as a degree-seeking student.

•  Complete all financial aid document requirements by April 9, 2008.

See our website ( Summer Financial Aid ) for more information. The website has detailed information on types of aid available as well as the online or downloadable summer aid application.


Scholarship Scams – Use these tips to avoid being scammed

•  Beware of companies that contact you saying you received a federal grant, but they need your checking account number or credit card number – Federal or State Grants do NOT require that kind of information

•  Never give out credit card or checking account information or your ATM PIN to anyone

•  Beware of free seminars by companies – many times they require you to purchase a product or service – financial aid searches are free

•  You won a scholarship you didn't even apply for – find out what the scholarship is and how you received it

•  If you suspect a scam, please contact Millersville University Office of Financial Aid immediately!

•  Don't pay money to get money

•  Bottom Line: If it sounds too good to be true, it probably is.


Access Your Financial Aid

Information Online

You can view your financial aid online:

•  Log into your ‘my ‘Ville' account and access MAX. Select "Student Services & Financial Aid,” then “Financial Aid.” You can view:

•  Outstanding Requirements (may prevent the processing or payment of your aid)

•  Messages from the Office of Financial Aid

•  Award amounts by term (includes amounts used as credit toward your bill and amounts already paid)


Important for All Students

Authorization to Release Information Form

•  This form must be completed before the Office of Financial Aid staff can discuss your aid with anyone (including parents) other than you, the student.

•  If you have not completed this form, you can submit it online using MAX.

•  If you have completed this form in the past, it does not have to be done again unless you need to make changes.


Maintaining Your Financial Aid Eligibility

[Satisfactory Academic Progress (SAP)]

•  To receive financial aid, you must pass a certain number of NEW credits each academic year.

•  A NEW credit is defined as a credit for which the student did NOT receive a previous grade of A, B, C, D, or pass.

•  For federal aid, ALL students are reviewed regardless of receipt of financial aid. Federal aid includes the Pell Grant, Supplemental Educational Opportunity Grant (SEOG), Perkins Loan, Work-Study, Stafford Loan, and PLUS Loan. For state aid, this policy includes only those receiving the PA State Grant (PHEAA).

•  Failure to pass the required number of new credits during an academic year will result in the loss of federal and/or state aid.

•  See the chart below to help you determine the number of NEW credits required to maintain financial aid eligibility.

Student's Enrollment Status

(Number of credits per semester at the end of the drop/add period)

Number of NEW credits needed per SEMESTER to maintain financial aid eligibility

Number of NEW credits needed per ACADEMIC YEAR to maintain financial aid eligibility

Undergraduate Full Time

(12 or more)

12

24

Undergraduate ¾ Time

(9-11)

9

18

Undergraduate Half Time

(6-8)

6

12

Undergraduate Less than Half Time

(3-5)

3

6

Graduate Full Time

(9 or more)

9

18

Graduate Half Time

(6-8)

6

12

Graduate Less than Half Time

(3-5)

3

6

•  You may access the full policy on our website .

 

Office of Financial Aid
Millersville University
PO Box 1002
Millersville , PA 17551
Phone: 717-872-3026
Fax: 717-871-2248
www.millersville.edu/~finaid



Financial Aid