Yes. Each year you must complete a renewal FAFSA, and if requested, submit all supporting tax returns and documentation by University of Saint Joseph published deadlines. However, you must only complete an MPN and Entrance Counseling once; they will remain valid throughout the program.
This loan is available to students regardless of financial need. The student is responsible for all interest; accrual of interest begins upon 2nd disbursement. Interest may be paid while the student is in school or may be capitalized and paid during repayment of the loan. This loan requires students to be enrolled at least half time (6 credits). Repayment begins six months after students graduate, leave school, or attend less than half time.
Yes. Most federal financial aid programs require at least half-time attendance (6 credits).
You must notify your lender(s) of your return to school in order to initiate a loan deferment. The deferment process will halt your loan-repayment obligation while you are enrolled at least half time (6 credits).
You may borrow up to the cost of attendance (COA) minus any other aid received. If your COA equals the amount of aid on your financial aid award letter, then you cannot borrow an additional loan. If your COA is larger than the amount of aid on your financial aid award letter, then you can borrow the amount of the difference.
You may elect to defer your payments for six months; however, interest will continue to accrue. Beyond that, you should contact your lender to discuss options, such as forbearance.
No. You may accept all or part of the loan offered. To decline any part of your award you must provide written notification to Student Financial Services.
Once you have completed all requirements, your funds will be disbursed by the lender to University of Saint Joseph in two equal installments (minus origination fees) via electronic funds transfer. Loan proceeds are applied to your account balance. If funds are remaining after the account is paid, the Bursar's Office will issue a refund check. Contact the Bursar's Office about additional refund questions.
Fund disbursement on the tuition due date depends on you. If you complete all requirements before the start of the program, funds will be disbursed in time for the tuition due date.
The University of Saint Joseph, including the Gengras Center School and the School for Young Children, is accredited by the New England Association of Schools and Colleges, Inc. and the State of Connecticut Office of Higher Education. The University of Saint Joseph prohibits discrimination against any persons on account of their race, color, religious creed, age, sex, gender identity or expression, sexual orientation, transgender status, marital status, national origin, ancestry, disability (including, but not limited to, intellectual disability, present or past history of mental disorder, learning disability, or physical disability), genetic information, homelessness, prior conviction of a crime, or any other characteristic protected by law, in the administration of its educational policies, admissions policies, scholarship and loan programs, and employment practices (unless there is a bona fide occupational qualification related to employment).
Inquiries concerning the University’s non-discrimination policies may be referred to Deborah Spencer, Human Resources director /Title IX coordinator, telephone 860.231.5390 or email [email protected], or to the U.S. Department of Education, Office for Civil Rights, 8th Floor, Five Post Office Square, Boston Mass 02109, telephone 617.289.0111, TDD 800.877.8339, fax 617.289.0150, or email [email protected]. More information.