|
Financial Aid Application Process
New NEIU Financial Aid Application Process
Application Free Application for Federal Student Aid (FAFSA) is the application for both federal and state assistance (including grants, work-study and loans). The Financial Aid Office no longer requires the NEIU Financial Aid Application nor will the office accept paper Master Promissory Notes (MPNs) for first time Stafford Loan borrowers. First time borrowers will need to visit their lender's website and complete an electronic MPN to expedite disbursement.
| • |
Via FAFSA on the Web: www.fafsa.gov. Web filers should apply for a PIN number first: www.pin.ed.gov. Use the Web Pre-Application Worksheet to help guide you through the FAFSA online process. |
Instructions
| • |
Read each question on the Worksheet prior to completing FAFSA. |
| • |
Misunderstanding or misinterpretations of the instructions could delay the process. |
| • |
Keep copies of Student Aid Report and supporting documents. |
| • |
File FAFSA priot to February 28 in order to meet NEIU's priority filing deadline. |
| • |
Priority filing deadline refers to campus-based funds: Federal Perkins Loan, Federal Supplemental Educational Opportunity Grant (SEOG) and Federal College Work-Study. |
Federal School Code for Northeastern Illinois University: 001693
Student Aid Report (SAR)
| • |
The FAFSA generates a Student Aid Report (SAR) by mail or via email (for web filers). |
| • |
Once NEIU receives SAR electronically; students should request an NEIU Financial Aid Application. |
| • |
SARs are reviewed in order of date received and aid is awarded based on the availability of funds. |
New Students (Freshmen & Transfer Students)
| • |
SARs received after April 30 may not be processed in time to meet Fall semester payment dates; late applicants should be prepared to make the initial payment. |
| • |
FAFSA can be submitted, even if you have not been admitted to the university. |
| • |
Final award announcements will be delayed until admittance to the university is confirmed. |
| • |
An online Loan Entrance Counseling session must be completed by all first time Stafford Loan borrowers. This session expires after five years.
|
| • |
Be sure the NEIU Enrollment Services Office has your Social Security Number. To be eligible for Financial Aid, the SSN on the FAFSA must match an SSN with NEIU. |
Summer Financial Aid Information Limited financial aid is available for Summer. Minimum enrollment eligibility is 6 credit hours combined for Summer I and Summer II.
|
• |
Pell Grants are available based on the remaining eligibility from the current award year (i.e., less than full time attendance in fall and spring or only one semester attended). |
|
• |
Federal Perkins Loans and Federal Work Study will be awarded to students who received Perkins and Federal Work Study during fall and/or spring. |
|
• |
Federal Stafford Loans will be processed for Summer term based on remaining eligibility from the current award year |
|