Understanding Your Award

How to Review Your Award Notification

New Students: You will receive an initial financial aid award in the mail as well as important information; going forward you will be notified by email to go to Web Services if any revisions have been made. Be sure to activate your JSC email as soon as you can; until that time emails will be sent to the address you provided on your admissions application.

Returning Students: You will receive an email sent to your JSC account to go to Web Services to view your award; a link to the JSC website to view important information is also provided.

 

You Have Received Your Award . . . Now What?

Read the JSC 2011-2012 Understanding Your Award brochure.  To simplify your next steps in the financial aid process, we have provided important information in this brochure. The answers to frequently asked questions are provided as well as explanations about how your aid was determined, can aid packages change, how to apply for loans, payment plans and much more.

Another important resource of information is the 2011-2012 JSC Financial Aid Terms and Conditions. This will explain the different types of aid you may have been awarded as well as conditions that can affect your award package.

Do I Need to Accept/Decline My Award?

Yes, you need to either return your award letter or go online to accept or decline your aid. If you were awarded Federal Work-Study or a Perkins Loan and choose to decline either of these awards they cannot be reinstated due to funding limits.

Check for Changes in Your Award & Requests for Information from Financial Aid

Even after you accept your award, it's possible for the amount to change. It is your responsibility to check for changes and to respond to any requests for information from the Financial Aid Office.

How Do I Know What My Bill Will Be?

Use your Award Notification and our 2011-2012 Educational Cost Guide and Financial Planning Worksheet to assist you. The worksheet provides you with the actual costs for the 2011-2012 academic year that you will incur and how to use the aid awarded to you in determining any balance that may be due. (Please note this worksheet is for your personal use and does not need to be returned to the financial aid office). Parents of dependent students may choose to borrow a PLUS Loan and can print and complete the 2011-2012 PLUS Loan Pre-Application.

Financial aid awards are made on a yearly basis, unless otherwise indicated. Since the Business Office bills each semester, half of each award will be credited to the student's account.

Are there any academic requirements for receiving financial aid?

Yes. Review the Satisfactory Academic Progress standards required by Federal financial aid regulations that all students must meet to be eligible for any types of financial aid. The policy has a GPA requirement and requires you maintain a pace that will allow for completion of your degree with in a certain time frame.

Returning students: please be aware you may receive your award notification before your Satisfactory Academic Progress (SAP) has been reviewed. If it is determined you are not meeting the SAP requirements, your aid will be cancelled. We will inform you by the end of June if this is the case and how to appeal for reinstatement of aid. Submitting an appeal does not guarantee it will be granted.

 

 


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