Beginning the Process
_____ Complete the Free Application for Federal Student Aid (FAFSA) every January - DON’T WAIT! The university priority deadline is March 15th. This means the FAFSA must be received in the Financial Aid Office by March 15th of each year to receive first consideration for limited funding (Federal Work Study, Perkins Loan and SEOG Grant).
_____ If you are an undergraduate Georgia resident, complete the Georgia Scholarship/Grant Application (GSFAPPS), through www.GAcollege411.org. Complete this only once, unless you have been residing in another state for 18 months or more. Submit the Establishing Georgia Residency Form with required documents and the HOPE Scholarship Evaluation Form to the Financial Aid Office.
_____ If your FAFSA is selected by the federal government for a process called verification, you will be required to submit additional documentation before your eligibility can be reviewed. This will allow the Financial Aid Office to verify that the information on the FAFSA is correct. You will be notifed via email of any documents required. Note: If you were required to provide parents’ information on the FAFSA, then you will be required to submit their documentation as well as your own.
_____ Approximately six weeks after all documents have been reviewed and you have been accepted to Life University, you will receive an Eligibility Letter informing you of your financial aid award for the academic year. If you wish to receive all aid that has been awarded, you do not need to take any action to notify Life University. If you wish to decline any aid, you will need to submit the Financial Aid Adjustment Form to the Financial Aid Office.
_____ You can apply for additional loans through:
_____ If your total financial aid is more than your tuition and fees, determine, based on your own personal budget, if this amount is enough to meet your living expense needs If not, contact your Financial Aid Counselor about ways to decrease your living expenses or other possible financing options.
_____ If your financial aid award includes Federal Stafford Direct Loans you are required:
_____ If you are receiving less financial aid than the total amount of your tuition and fees, payment is due upon registration and no later than Friday of the second week of the quarter. All payments are made through the Student Accounts Office.
_____ If you have been awarded Federal Work Study, you will need to contact Human Resources for a list of available jobs. Once you start working you will get a paycheck (paper or direct deposit) bi-weekly for hours worked.
What Can I Get?
There are three basic types of financial aid available:
Receiving Your Funds
_____ Contact the Student Accounts Office to sign up for direct deposit. This will allow any excess financial aid in your student account to be deposited directly into your personal bank account for educational expenses (housing, books/supplies, transportation, etc).
_____ Provided all of the above have been completed, if you are a new student, you should receive your living expense monies by Thursday of the first week of the quarter. For subsequent quarters, you should receive them on Monday of the first week of the quarter.
DO NOT FORGET TO CHECK WEBADVISOR UNDER 'MY DOCUMENTS' FOR MISSING INFORMATION.
1269 Barclay Circle, Marietta, GA 30060
(800) 543-3202 (770) 426-2600