Santa Clara University

Financial Aid - Current Undergraduate Students FAQs

Financial Aid Office

Current Undergraduate Students FAQs

Below is a list of frequently asked questions regarding financial aid by current undergraduate students. Contact the Financial Aid Office with any questions not listed.

My Award FAFSA
Student Aid Report (SAR) Federal Student Aid PIN
Scholarships Federal Grants
Cal Grant Study Abroad
Community Facilitator Federal Work Study
Federal Student Loans Federal Parent Loans
Verification/Quality Assurance General Questions

My Award

How do I accept my award?
If you received an Electronic Financial Aid E-mail Notification, you should log-on to the ecampus system. You will be required to use your User ID and Password information to enter the main ecampus page on which the “Financial Aid” link will be listed. Please choose the “Accept/Decline Financial Aid” link to view and accept or decline your financial aid award. On the “Select Aid Year to View” page click the proper aid year. On the “Award Package” page indicate your choice to accept or decline each award by checking the appropriate box and then click the yellow “Submit” button.

Once I receive my financial aid award letter, is there any reason it could change later?
There are a number of circumstances that could have an effect on your original award letter. Verification of your application, change in your family's financial situation, failure to maintain academic progress, notification after your award of outside aid such as a scholarship, or not enrolling for the required number of hours to receive aid through programs awarded are all examples of things that could change your award letter.

Will my eligibility for financial aid change if I change my enrollment status?
Yes, if you withdraw from Santa Clara University or change the number of credit hours for which you are enrolled. You should contact the Financial Aid Office to discuss how it may affect your eligibility for financial aid.

Will I be eligible for less financial aid if I drop from full time to half time?
If you drop from full time to half time your tuition costs will be reduced and you may be eligible for less financial aid. If you enroll less than half time, you will not be eligible for federal financial aid programs.

Will my financial aid change next year?
If you receive need-based aid, your eligibility and amount of aid may change from year to year. The most common reason is a change in your family's financial situation. There may be other reasons that your eligibility may change, including changes to either the Federal or Institutional Methodology, changes in your financial need, the timeliness of your financial aid application, your grade level, and the availability of federal, state and Santa Clara University assistance. Because of this, we cannot guarantee your level of aid from year to year, which is why you re-apply for financial aid each year.

Will my merit aid increase each year?
With the exception of the Santa Clara University Presidential at Entry and the Provost Scholarship awards, all merit awards are fixed amounts and are not indexed to changes in tuition, therefore they will not increase annually. You are required to maintain specific program eligibility requirements in order to retain your merit award.

What if I want to move off campus after my first year?
When you live on campus, we include the cost of your room and a meal plan in our determination of financial aid. If you move off campus, your cost of room and board will vary. We use a standard off-campus room and board budget for students living off-campus. We do not adjust room and board budgets for actual expenses. Generally, the off-campus allowance is less than the cost of on-campus room and board. Therefore, if your contribution remains the same, moving off campus may change your award. Contact the Financial Aid Office to find out if moving off campus will affect your aid.

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FAFSA

What is the FAFSA?
The federal government's Free Application for Federal Student Aid (FAFSA) provides the Financial Aid Office with complete, consistent financial data analyzed within policy established by the federal government. The federal government does not award financial aid; individual schools do, based on the analysis of information provided by you on the FAFSA. To obtain any type of financial aid from Santa Clara University, you must file the FAFSA each year.

My parents are divorced. my father claims me on his taxes, but I live with my mother. Whose information should I use when completing the FAFSA?
The custodial parent's information is used when filing the application. However, there are times that we request certain information from the non-custodial parent.

The "custodial" parent is the one with whom you reside more than 50% of the time. It does not matter which parent claims you on their tax return. (e.g. If your father claims you on his taxes but you live with your mother most of the time, your mother is your custodial parent.)

I am going to be married during the 2009-10 school year. Can I fill out the FAFSA as "married" now, since I will be in a few months?
You must indicate your marital status as of the date you are completing the FAFSA. You cannot update your marital status once you have filed your application.

How will I know my FAFSA has been processed?
You will receive a Student Aid Report (SAR) generated from the information you provided on your FAFSA. Within seven to ten days after your receipt of the SAR, we will receive the same information electronically. Keep the SAR for your records.

I filled out the FAFSA. Now what?
The school will receive the application and process the information you provided. It can take several weeks for us to receive the processed data, so do not be concerned if you do not hear from us immediately. If you feel that it is taking longer than anticipated, please contact our office and we will check the status of your application.

Since I have yet to file my federal income taxes, should I still complete the FAFSA?
If you have not filed your taxes and the FAFSA deadline is approaching, you need to submit your best estimates and complete the FAFSA. Failing to meet the deadline could disqualify you from consideration for grant aid. Please submit corrections once you have filed your taxes. If you cannot do that, verification of your application at a later date will provide exact figures.

Do I re-apply for aid in subsequent years?
Because your family’s financial position may change from year to year, you are required to resubmit the FAFSA by March 2 to be eligible for aid during the following school year. If your family’s financial standing remains consistent with the previous year, then you can generally expect Santa Clara University to re-issue your current federal and state aid package. Santa Clara University merit-based aid remains the same for twelve quarters whereas, Santa Clara need-based aid may change based on need and availability of funding.

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Student Aid Report (SAR)

What is a Student Aid Report (SAR)?
The Student Aid Report (SAR) is a report sent to the student from the Central Processing System (CPS). Student and family should review the SAR for its accuracy. If accurate, the SAR should be kept by the student for their records. If inaccurate, it should be corrected, signed by the appropriate individuals and returned to the processor.

What does the EFC number mean on my Student Aid Report (SAR)?
The data reported on your FAFSA is used to calculate the Expected Family Contribution (EFC) value. This value is used to determine your federal aid eligibility. Santa Clara University uses this value as a guideline for determining your aid eligibility. The federal EFC value is not necessarily your out-of-pocket cost to Santa Clara University.

I have received my SAR from the processor and it says that I have been selected for verification. What next?
Nothing now. However, you still may be selected by the Financial Aid Office in the Fall to participate in the quality assurance sample. Therefore, you need to have all tax documentation for you and/or your parents available if requested.

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Federal Student Aid PIN

What is a Federal Student Aid PIN and why do I need one?
Your Federal Student Aid PIN is the personal identification number you use when you visit certain U.S. Department of Education Web sites. When you type in your PIN at these sites, you are saying either "Yes, it is really me — please show me the personal information about me on this site" or "Please accept my PIN as my electronic signature on this online form."

How do I get a Federal Student Aid PIN?
Go to U.S. Department of Education Federal Student Aid PIN Web site and provide a few pieces of information such as your name, address and Social Security number.

You will be given the option of creating your own PIN or having the site create one for you. If the site creates one for you, you can choose to have your PIN mailed to you, or you can choose to receive an e-mail that will give you the link to a site where you can access your PIN. The U.S. Department of Education will not send your PIN to you in the e-mail itself for security reasons. Instead, the U.S. Department of Education will ask you some personal information to identify yourself before they show you your PIN.

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Scholarships

How is the treatment of scholarships coordinated with the parent's federal taxes?
Treatment of scholarships under the IRS publication 970 and Tax Topic 421 of the Internal Revenue Code provides that you may exclude from your gross income only scholarship amounts used for:

  • Tuition and fees required for enrollment or attendance at the educational organization, and
  • Books, supplies and equipment required for courses of instruction. Amounts used for other expenses, such as room and board, are able to be included as income.

Should I use a scholarship search service?
The Financial Aid Office does not recommend those companies that charge a fee. Many have been found to be fraudulent at worst and misleading at best. Do not be fooled by the money-back guarantee. It is virtually impossible to get your money back. The services provided by these companies can be done on your own by researching scholarship publications at a library or using a variety of free scholarship searches on the Web.

If I receive a private scholarship, how will this affect my eligibility for aid?
Any scholarships or awards from private donors, civic organizations, corporations, foundations or other group are considered outside awards. If you receive an outside award, your financial aid will be adjusted accordingly. Contact the Financial Aid Office to find out if the private scholarship will affect your aid.

What should I do with my outside scholarship checks?
If you are receiving any financial aid from our office, you will first want to contact us directly with the amounts of your scholarships. Outside monies may affect your original award, so we would like to inform you of any changes as early as possible. You can expect to receive a revised award letter with any changes made to your award caused by outside scholarships.

After contacting the Financial Aid Office, please mail the scholarship check(s) to Santa Clara University, Financial Aid Office, 500 El Camino Real, Varsi Hall Second Floor, Santa Clara, CA, 95053. Include the student’s ID number on the check. The scholarship check may have been made payable to the student, SCU or co-payable to the SCU and the student. In the event that the student needs to endorse the check, the Financial Aid Office will notify the student via e-mail to come to our office for the check endorsement. The scholarship will be posted to the student’s account to reduce any tuition, room or board charges as specified in the scholarship award.

How does Santa Clara University handle scholarships you receive that are not included on your original Financial Aid Award notification?
The treatment of the award will depend on the source of the funds.

Santa Clara University funds Funds later awarded to you by a Santa Clara University department or program are considered to be part of the original scholarship/grant offer made to you. These later-awarded funds are not supplemental to your original award and your original award will be adjusted accordingly.

Private scholarships To the extent permissible by state, federal and other University regulations, we will attempt to coordinate your receipt of private awards so that no adjustment is necessary to the financial aid already offered to you. If it becomes necessary to adjust your award, we will first eliminate loans, then work study, and finally aid awarded from Santa Clara University. Private scholarship checks should be sent by the awarding organization to the Financial Aid Office as soon as possible to insure timely processing.

State and Federal Grants Individual program requirements and restrictions will govern award coordination. Typically, state and federal aid is need based and an award adjustment may be required unless you demonstrate a remaining unmet need according to your FAFSA. You will be contacted as soon as possible if it becomes necessary to adjust financial aid already awarded.

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Federal Grants

How do I apply for the Federal Pell Grant?
You have already applied for this grant; you did so when you completed the 2009–10 FAFSA. As a result, you will receive a Student Aid Report (SAR) from the U.S. Department of Education. Please keep your SAR for your records. We will receive your FAFSA information electronically from the U.S. Department of Education.

How much is the Federal Pell Grant?
Federal Pell Grant is a need-based federal grant and is awarded to every undergraduate student who qualifies and has not already earned a bachelor’s degree. Students can be enrolled less than half time and still qualify for the Federal Pell Grant. Your Expected Family Contribution (EFC) will determine if you qualify and the amount of the award. Unit enrollment verification will be performed after the add/ drop period each term, and adjustments will be made based on your enrollment.

The Federal Pell Grant award listed on my award letter is different from the amount I received. Why?
Final Federal Pell Grant awards are based on your actual enrollment status and are contingent upon verification of any discrepancies in data you provide on your financial aid application. For example, a change in your household size from your original application may affect the amount you will receive. Also, the amount on your award letter is made assuming that you will enroll full time. If you enroll for fewer hours, your award will be reduced accordingly.

What is the Academic Competitiveness Grant (ACG)?
The Academic Competitiveness Grant is a need-based federal grant for students who complete a rigorous high school program (as determined by the state or local education agency and recognized by the Secretary of Education) and are eligible for the Federal Pell Grant. The ACG program will provide up to $750 for the first year of undergraduate study and up to $1,300 for the second year of undergraduate study. Second-year students must also maintain a cumulative grade point average (GPA) of at least 3.0.

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Cal Grant

What is Cal Grant?
Funded by the State of California and administered by the California Student Aid Commission, a Cal Grant entitles you to funding to pay for college expenses at Santa Clara University. Depending on the Cal Grant program (Cal Grant A or Cal Grant B), funding can be used for tuition, room and board and supplies.

I already have Cal Grant, do I need to re-apply?
Yes and No. You do not have to submit the Cal Grant GPA Verification form to the California Student Aid Commission. However, you need to submit the FAFSA between January 1 and March 2 each year you to retain eligibility for the Cal Grant program.

I do not have Cal Grant, how do I apply for a Cal Grant?
You need to submit your FAFSA between January 1 and March 2 and the Cal Grant GPA Verification form between November and March 2 deadline. If you are offered a Cal Grant award, you will receive a California Aid Report, which is a letter from the California Student Aid Commission with information on your eligibility for a Cal Grant.

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Study Aboard

Is Financial Aid available for studying abroad?
Students interested in studying abroad may wish to consider the possibility of obtaining Financial Aid (generally including loans) to assist in funding a study abroad program. Students who do not qualify for need-based grants and the need-based loans may wish to utilize the non-need based loans. It is helpful to remember that loans need to be paid back. The subsidized loan is need-based and interest is paid by the government during the in-school period; the unsubsidized loan is non-need based and interest is paid by the student.

If I currently receive financial aid, does that mean I would receive financial aid for study abroad?
Yes and No, students can usually apply their financial aid (including loans) to assist in covering the cost of studying abroad. Current financial aid recipients normally file a Free Application for Federal Student Aid (FAFSA) or the renewal FAFSA yearly, eliminating the necessity to do another one. Make sure your FAFSA is up-to-date for the period when you wish to study abroad.

I have never applied for financial aid, but would like to apply for study abroad. What do I do first?
You must fill out a Free Application for Federal Student Aid (FAFSA) form for the same academic period in which you plan to study abroad. The FAFSA is required to determine your eligibility for Pell Grant and other federal and state grants, federal loans (need-based and non-need-based), work study and many Santa Clara University grants and scholarships. Apply early as aid is awarded only until funding is exhausted.

Will Financial Aid for a study abroad program affect my next quarter's aid?
Yes, it may. Upon notification of your financial aid award for the quarter when you will study abroad, you may find it helpful to meet with a Financial Aid adviser if you have questions about funding for future quarters.

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Community Facilitator

I submitted a FAFSA and am eligible for need-based aid. Will being an Community Facilitator (CF) affect other aid?
Possibly. It depends on your need and other aid you are receiving. We are required, under federal law, to consider your CF as a resource in determining your need. That means we must account for your being an CF in determining your final financial aid package. In making the adjustment, we try to avoid changing your grant by first reducing any unmet need and then loans. In most cases, we will not have to lower your grant.

How will Community Facilitator benefits affect my financial aid?
Federal regulations require that these benefits be counted as a resource to meet a student’s financial need. Therefore, the Financial Aid Office must incorporate the Community Facilitator benefits within the financial aid award. We try to do so in a way that will not penalize the student by meeting any unmet federal need and by replacing Federal Work Study. Depending on the individual’s financial aid award, some Santa Clara University Grant may be replaced, but the total overall package will not be reduced due to a student becoming a Community Facilitator.

Why is the CF included at all? It is not a grant; I have to earn that money.
There are a number of other college funds that require a time commitment and are treated in the same way. Athletic grants and ROTC payments, for example, both have substantial “work” hours for those receiving them. They are fit into aid packages the same way as the CF support.

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Federal Work Study

What is Federal Work Study?
This is a federal program which provides jobs for students with federal need, allowing them to earn money to help pay expenses incurred while in school.

Who is eligible for Federal Work Study?
Students who demonstrate financial need. Federal Work Study has to be awarded as part of your financial aid package.

How many hours can I work?
You are allowed to work a maximum of 20 hours per week during school. You are allowed to work up to 40 hours per week during breaks.

Can I have more than one job on campus?
Yes, but the total number of hours allowed is the same whether you one or two jobs.

How will I be paid?
You are paid on an hourly rate which is usually the current federal minimum wage. This may be higher, depending on the type of work and skills.

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Federal Student Loans

Where can I find information on my past loans?
To find the most-up-to-date information about your student loans, we recommend you visit the National Student Loan Data System (NSLDS). NSLDS is the U.S. Department of Education's central database for student aid. NSLDS receives data from schools, agencies that guarantee loans, the Direct Loan program, the Pell Grant program and other U.S. Department of Education programs. NSLDS provides a centralized, integrated view of Title IV loan and Pell grants that are tracked through their entire cycle, from aid approval through closure. You will need your Federal Student Aid PIN to access this database.

Can I borrow less on my Federal Direct Loan than the amount listed on the award letter?
Yes. You can borrow any amount, up to the amount listed on your award letter.

What are the interest rates on the Federal Direct Loan?
For subsidized loans originating after July 1, 2008 the interest rate is fixed at 6.0%. For loans originating after July 1, 2006, the interest rate is fixed at 6.8%. For loans originating before July 1, 2006, the interest rate is variable.

What is the difference between subsidized and unsubsidized Federal Direct Loans?
The government pays all the interest on subsidized loans while you are in school. Unsubsidized loans begin to accumulate interest as soon as they are disbursed. We recommend that you pay your interest quarterly.

When do I start making loan payments?
Student do not have to pay their federal loan principal until after they enroll less than half time. However, we do recommend that students with unsubsidized loan pay the interest quarterly, rather than capitalizing it.

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Federal Parent Loans

What is a Federal PLUS Loan?
The Federal Parent Loan for Undergraduate Students (PLUS) was created by the federal government to help parents or stepparents pay for their dependent student’s college costs. Federal PLUS Loans are made by banks under the Federal Family Education Loan Program (FFELP). Federal PLUS Loans require a credit check, but they are not based on family income/assets and parent borrowers can borrow up to the cost of attendance minus any other financial aid the student receives. Parent borrowers must be a U.S. citizen or eligible non-citizen in order to qualify for a  Federal PLUS Loan. The student must be a dependent and enrolled at least half time. Generally, if the student is under 24 years old, has no dependents, is not married or a veteran of the U.S. Armed Forces, he or she is considered to be dependent. The interest rate is at 8.5% (fixed) for all loans. Many lenders have repayment incentives that can significantly lower the interest rate. The parent borrower begins repayment within 60 days of the last disbursement. All lenders have forbearance options that will delay payment for up to 48 months while the student is in school. For more information, please refer to the "Loan Information" on our Web site.

How does my parent apply for the Federal PLUS Loan?
Santa Clara University Financial Aid Office does not mail Federal PLUS Loan application materials. We ask your parent(s) to apply online for these funds using the lenders' Web site. Visit our Web site for the Guide to Choosing a Lender.

What is a Master Promissory Note? And how do I sign the promissory note?
The PLUS Loan Master Promissory Note must be signed by the parent borrower prior to the school certification and prior to the disbursement of any loan funds to the student’s account. The completion of the Master Promissory Note (MPN) is generally signed at the time the application is submitted and can be signed electronically on the lender Web site during the application process.

Will my parent(s) need to complete the Federal PLUS Loan MPN every year that these funds are borrowed?
If the borrower applies for the loan each year with the same lender, then the borrower only has to complete the Federal PLUS Loan MPN once — the first year these funds are borrowed for you. The borrower, however, must re-apply for a new loan every year.

How much will my parent(s) be eligible to borrow from the Federal PLUS Loan program?
Assuming your parent (who is the Federal PLUS Loan borrower) has a good credit history, he or she will be eligible to borrow up to the price of attendance minus any financial aid for which you are eligible, including federal, state, private and University funds.

What options are there if my parent is denied the Federal PLUS Loan?
If your parent is denied the Federal PLUS Loan, you are eligible to borrow an additional unsubsidized William D. Ford Federal Direct Loan ($4,000 freshman and sophomore grade level and $5,000 junior and senior grade level); a denial letter from the lender must be submitted to the Santa Clara University Financial Aid Office before awarding of additional funds.

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Verification/Quality Assurance

What is the Quality Assurance Program?
The Financial Aid Office is a participant in the U.S. Department of Education's Quality Assurance Program; we do not participate in the Federal Verification Program. You do not need to submit the verification worksheet if your SAR indicates that you were selected for verification. If we need additional documents to verify your FAFSA (such as tax returns or the verification form) we will send these to you, which you must complete and return to us.

The Federal Quality Assurance Program allows our financial aid staff to study our student population and only verify certain FAFSA items that historically have been error-prone for our students.

Does Santa Clara University want my tax forms?
We do not require tax forms from everyone. After we receive your FAFSA, we may request additional information including tax forms. We will send this request to you in writing. Please remember to sign everything that you send to us. Please do not send anything unless we request it.

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General Questions

I have been told that I will not qualify for financial aid if my parents earn more than $30,000 (or $40,000 or $50, 000 etc.) Is this true?
There is no income level at which a student will not qualify for financial aid. The need analysis procedure determines each student's financial need based upon a number of variables: income, family size, number in college, assets, etc. All students are urged to apply for financial aid for an accurate and professional evaluation, regardless of parents' income level, because income is only one consideration. At the very least, every student who files a FAFSA is eligible for a William D. Ford Federal Direct Loan - Unsubsidized.

Am I qualified to apply for financial aid?
Everyone who meets the following requirements may apply with the FAFSA form:

  • be a U.S. citizen or eligible noncitizen
  • be registered with Selective Service (if required)
  • be enrolled in an eligible program
  • be making satisfactory academic progress
  • not owe a refund on a Federal grant or be in default on Federal educational loan

My parents do not claim me on their tax return nor do they give me money. Can I file my financial aid application as "Independent"?
According to federal regulations, you must answer "yes" to one of the following questions to be considered "Independent" for financial aid purposes during the 2009-10 academic year, you must answer "YES" to one of the following questions:

  • were you born before January 1, 1986;
  • are you working on a master's or doctorate degree or graduate certificate in the fall of 2009;
  • are you married as of the date you complete the FAFSA;
  • do you have children who receive more than half their support from you;
  • do you have dependents other than your spouse or children who live with you and who receive more than half their support from you;
  • do you have no living parents (biological or adoptive) when you were age 13, even if you are now adopted;
  • are or were in foster care or were ward or dependent of the court at any time when you were 13 or older (even if you are not anymore);
  • are you an emancipated minor or are in legal guardianship as determined by the court in your state of legal residence;
  • are you a self-supporting unaccompanied youth who is homeless or at risk of homelessness;
  • are you a veteran of the U.S. Armed Forces (or will be a veteran as of June 30, 2010), or you attended a service academy and were released under a condition other than dishonorable;
  • are you currently servicing on active duty (other than training) in the U.S. Armed Forces.

If you do not meet any of these conditions, you are considered a dependent. Undergraduates cannot declare themselves independent of their parents due to family disagreement, living arrangements, or parental unwillingness to contribute to the price of attendance. If you have further questions, please contact our office.

Do I need to re-apply for financial aid every year?
Yes. To reapply for financial aid, you will need to complete the Free Application for Federal Student Aid (FAFSA). The deadline to reapply for financial aid is March 2.

What other forms must I submit to apply for financial aid?
The FAFSA form is the only application initially required by Current Santa Clara University Undergraduate Students. If we find that we need additional information, we will request it from you at a later date.

Do I have to fill out forms in addition to the required financial aid forms (Cal Grant GPA Verification Form, CSS/Financial Aid PROFILE)?
Yes and No. If you previously were awarded Cal Grant by the California Student Aid Commission (CSAC), you are not require to complete the Cal Grant GPA Verification Form. However, California Residents, who were not awarded Cal Grant are encourage to submit the form by March 2 to the California Student Aid Commission (CSAC). You do not need to complete the CSS/Financial Aid PROFILE, if you are returning student.

What if I need an extra quarter of aid?
Santa Clara University students are only eligible for the equivalent of four years of Santa Clara University funding. These twelve quarters may be taken at any time; therefore, if you take a leave of absence and do not receive financial aid elsewhere, you are still eligible for financial aid until your twelfth quarter. If you need additional aid beyond the twelfth quarter, you must make a written appeal to the Financial Aid Office. Students requiring an additional quarter are eligible for federal financial aid; however, Santa Clara University Grants and Scholarships are contingent upon the Financial Aid Office approval of your written appeal.

What if my family’s financial situation changes?
If there are significant changes to your family’s financial circumstances, please contact the Financial Aid Office.

What happens to my financial aid eligibility if I get married?
You will not necessarily receive more financial assistance if you get married. According to federal regulations, you are still dependent on your parents for the academic year if you get married after you file the Free Application for Federal Student Aid (FAFSA). Dependency status cannot be updated based on marriage until the following academic year. If you are married prior to filing the FAFSA, you will be considered an independent student for federal financial aid. This means that your parents will not need to provide financial information on the FAFSA; they also will not have to sign your application.

How does the Financial Aid Office communicate to students?
The Financial Aid will communicate with students through a variety of formats. Information that is sent to students from the University via their campus mail box, local address or their Santa Clara University e-mail address is considered official communication and should be treated as such. Students are asked to check their campus mailbox and their Santa Clara University e-mail account on a daily basis, and are responsible for reading and responding to the information they receive from the University. Although the University urges students to use their Santa Clara e-mail address as their primary e-mail, students who will not be checking that address regularly should forward their e-mail to their preferred e-mail account.

Instructions to forward e-mail: http://it.scu.edu/howto/GroupWise/Forward/

When will I receive my student loan refund check?
After all the paperwork has been completed for your student loans, two things need to happen before you will receive your refund check. First, the Financial Aid Office must receive money from the Department of Treasury. Once the Financial Aid Office has received your funds, we will disburse the funds to the Bursar's Office so the funds are credited to your student account. A refund check will be issued to you from the Bursar's Office if you aid exceeds the amount billed by the university.

I have some money put away for this year, but next year I may need some aid. Will I still be eligible?
Any student who submits the FAFSA will be considered for Financial Aid. Also, you are eligible for loans even if you chose not to take them during the previous year.

What does it mean to maintain 'Satisfactory Academic Progress'?
Federal guidelines require that students receiving federal financial aid make satisfactory progress towards their degree. In general, satisfactory progress regulations mirror the University’s continuance standards.

How does academic load relate to financial aid?
Undergraduate students must enroll for at least twelve academic credit hours per quarter to receive aid as a full time student. Aid recipients wishing to be less than full time should consult with the Financial Aid Office.

What is the period of eligibility for undergraduate students?
Federal guidelines require the establishment of a maximum time frame, or period of eligibility, during which students can receive federal aid. The Financial Aid Office follows the continuance requirements as listed in the Undergraduate Bulletin.

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