Graduate Students

 

What graduate students need to know!

A graduate student is one who is working on a Master's, Doctorate, law or Medical degree.  Degree includes:

  • Master's (M.Ed., MA, MS, MST, MAT, MFA, MSN, MSW, MPA, MNM, MAC, MTX)
  • Specialist (Ed.S)
  • Professional (Medicine, Law)
  • Doctorate (Ed.D., PhD, DNP)


IMPORTANT NOTE:

All students must notify the Office of Student Financial Aid (OSFA) immediately if they receive or anticipate receiving a tuition waiver or exemption, as financial aid may be affected. Tuition waivers are considered “resources” and must be considered a part of a student’s financial aid package. To report outside awards, complete the Student Statement of Outside Resources and submit to the OSFA. Should it later be found that you are receiving outside resources which you neglected to report, your financial aid package will be adjusted retroactively to include these resources. This adjustment may result in repayment of previously disbursed financial aid.

Click here to review the cost of attendance for the 2014-2015 academic year.

Step 1: Apply for Financial Aid early by submitting the FAFSA!

Completing the Free Application for Federal Student Aid (FAFSA) is the first step in the financial aid process. Use it to apply for federal student financial aid, such as the Pell Grant, student loans, and college work-study. If you are transferring in the SPRING or SUMMER terms, make sure you go back to your FAFSA and add FAU as one of the schools to your school choices (Under 'School Information').  Our school codes are:

  • 001481 - Boca Campus
  • E00584 - Davie Campus
  • E00830 - Jupiter Campus/Honors College

Complete the FAFSA online beginning each January 1st for the upcoming academic year to be eligible for most forms of aid.  The FAU priority deadline is March 1st . All applications received after March 1st will be reviewed in order of receipt. NOTE: When filling out the application, make sure to complete the planned housing code (on Step 6, Housing Plan, on your FAFSA form) with your appropriate housing status, since leaving this section blank could result in underfunding. 

NOTE: Students must be admitted to Florida Atlantic University into a degree-seeking program in order to be eligible to receive most forms of financial aid (such as grants, loans and work-study).

Step 2: Apply for Scholarships

There are a host of available scholarships that will assist students in paying for their college education. It just takes time and patience to read through each scholarship; Apply for those scholarships in which you are meeting the criteria. Be sure to keep in mind the application deadline date of each scholarship when applying.

Click here for a list of scholarships by category that may be helpful to you in funding your college education.  In addition, please access the scholarship database to review available scholarships at Florida Atlantic University.

In addition, there is no need to pay a search service to find scholarships for you because there is a wealth of information available free of charge on numerous websites.

FAU Scholarships are awarded before the FALL semester begins for the FALL/SPRING semesters.  Make sure that you submit your scholarship application and other documents by each scholarships deadline date.  Most scholarships are not available during SUMMER semesters.

Step 3: Estimating Your Costs

Review the Net Price Calculator to estimate your cost of attendance – including tuition and required fees, books and supplies, room and board (meals) and other related expenses.

For those students who have been accepted to FAU and have been awarded financial aid, the Financial Aid Disbursement Estimator tool gives you an estimate of what financial aid may disburse based on your FAU enrollment and award status at that time. This tool is available on FAU Self-Service under Financial Aid.

There are various Award Projection Estimators that will give an estimate on college costs.

Step 4: Complete All Student Requirements 

Students will not receive a financial aid award offer until all required documents have been submitted and satisfied. Students will receive an email at their FAU email account to view these requirements or students may review student requirements online via FAU Self-Service to make sure that you do not have any unsatisfied requirements:

  1. Log in to MyFAU
  2. Click on the Money Matters tab.
  3. Click on “View My Financial Aid Information”.
  4. Click on the “Financial Aid Status” tile box.
  5. Select “Aid Year”, if prompted.
  6. Click on the “Student Requirements” link.

If you have been selected for Verification by the U.S. Department of Education or the FAU Office of Student Financial Aid, you will need to submit the Verification Worksheet and/or other documents ASAP, to avoid further delays in the awarding process. Learn more about the Verification process by clicking here.

Step 5: Accepting your Award

Students will receive an email at their FAU email account to review/accept/decline their award offer online via FAU Self-Service.  The financial aid office will begin the awarding process as follows for the upcoming academic year (dates are subject to change) :

  • March 15th - Incoming (FTIC) Students
  • April 15th - Returning FAU Students
  • April 15th - Transfer Students

The award offer package will be based on full-time enrollment (Undergraduate = 12+ credit hours, Graduate = 9+ credit hours). Awards will be prorated down if you are enrolled less than full-time. Most awards require a student to be enrolled in a minimum of 6 credit hours.

Pell Grant,the Bright Futures Scholarship and some other scholarships will be accepted for you automatically; however, you must accept or decline student loans, other grants and/or work study. Private loans require application to the lender of your choice. Click on each fund name to read messages regarding each fund. To accept your financial aid award offer:

  1. Log in to MyFAU
  2. Click on the Money Matters tab.
  3. Click on “View My Financial Aid Information”.
  4. Click on the “Financial Aid Status” tile box.
  5. Select “Aid Year”, if prompted.
  6. Click on the “here” link to accept/decline awards.

Click here for more information on accepting your awards.

Step 6: Complete Entrance Counseling

(Only complete if student is accepting a Direct Loan for the first time)

If you accepted or requested a loan, you will receive an email to your FAU email account directing you to complete the 20-30 minute online tutorial that serves to educate you on your rights and responsibilities as a loan borrower. Upon completion, print the confirmation page for your records. If you are first time borrower, your student loans will not disburse until the Entrance Counseling is complete. Log on to Studentloans.gov to complete and satisfy this requirement.  After completing the Entrance Counseling, FAU will receive your submission electronically within in 3-5 business days and update this requirement as satisfied on your financial aid account.

Step 7: E-Sign your MPN 

(Only complete if student is accepting a Direct Loan at FAU for the first time)

If you accepted or requested a Federal William D. Ford Direct Loan or PLUS Loan , you will receive an email via your FAU email instructing you to sign a Master Promissory Note (MPN). This serves as your loan agreement contract. Visit Studentloans.gov to complete and electronically sign your MPN. After completing the MPN, FAU will receive your submission electronically within in 3-5 business days and update this requirement as satisfied on your financial aid account.

If you have requested a private loan with a private lender you will need to sign an MPN with your chosen lender. Contact the lender or visit their website for more information.

Step 8: Sign up for Direct Deposit Online!

Direct deposit is a fast, safe and convenient way to receive your financial aid refunds.  It's easy!  Students, sign up online with your existing bank account!  For more information regarding the direct deposit online form and FAQs click here. To view Disbursement Information click here.

Step 9: Need Money to Buy Books!

There are two options in which students can purchase textbooks before the disbursement of financial aid:

  • Short Term Advance
  • FAU Bookstore Line of Credit

Click here for more information regarding these two programs.

Step 10: Submit the Mandatory Course Entry Survey !

Students will be required to complete the Mandatory Course Entry Survey for ALL classes enrolled.  According to Federal Regulations, a student is considered not to have begun attendance if a school is unable to document the student's attendance in each class.  The survey must be completed for each course in order for financial aid to disburse.

In addition to completing the Mandatory Course Entry Survey, students are required to maintain eligibility for Title IV funding by displaying documented academic activity in the course. Examples of valid forms of documented activity include faculty attendance rosters, graded assignments, quizzes, or exams. Students should be aware that they may be required to repay any aid disbursed for a course for which they have no documented academic activity, even if the Mandatory Course Entry Survey was completed.

Click here for more information regarding the Mandatory Course Entry Survey.

Step 11: Stay informed!

Make sure that you have read the Terms & Conditions of Awards. These terms are outlined for you to understand how financial aid may impact the amount of money you are eligible to receive.

Email notifications will be the primary method of communication between students and the Office of Student Financial Aid.  It is the student’s responsibility to frequently monitor their FAU email account for notifications sent from this Office.  It's to your benefit to regularly check your status, student requirements and awards.  Awards may be modified if this Office receives updated information.

Students must adhere to policies and rules/regulations set forth by the Office of Student Financial Aid. Click here for more information on these policies.

Keep your information up-to-date with the Registrar's Office (i.e. phone numbers, mailing address…etc.)

Financial Aid is based on actual enrollment.  It is your responsibility to be aware of the Terms and Conditions of all financial aid awards, including all requirements regarding tuition deferment and aid disbursement.  The credits below are based upon both FALL and SPRING semesters.

FULL TIME ENROLLMENT = 9 or more credits
3/4 TIME ENROLLMENT = 7 - 8 credits
1/2 TIME ENROLLMENT = 5 - 6 credits
     
               

  • Graduate students should apply for financial aid by following the same procedures as undergraduates.  Submit your FAFSA early!  The FAU priority deadline is March 1st each year. 
  • Graduate students may be eligible for Federal Work Study, Federal Perkins Loans, Federal Stafford Loans, Federal Graduate Plus Loans, Fellowships, Assistantships and tuition-reimbursement.  Graduate students are NOT eligible to receive certain grants, such as the PELL, SEOG and FSAG grants.  It is recommended that students investigate the above options in order to cover the cost of their education.
  • Graduate students may qualify for a need-based Florida Atlantic University Graduate Grant (FAUGG) by applying for aid through the FAFSA.  Funds are limited and awarded based on the availability of funds, so early completion of the FAFSA is encouraged.            
  • For more information on these opportunities, contact your department or the FAU Graduate College Office.     
  • Click here for more information on Fellowships & Awards.      

Financial Aid during the SUMMER

Registrations exceeding 15 credits in any semester must be approved in advance by the Graduate College. This procedure is accomplished by completing a Graduate Request to Waive a University Regulation form, available in any College Dean’s office. Students who drop courses during the FALL or SPRING terms, reducing their registration below 9 credits, will be regarded as part-time students.  For more information on enrollment criteria for SUMMER, please visit the Summer Financial Aid webpage. 

Financing Graduate Education

WONDERING HOW TO PAY FOR GRADUATE OR PROFESSIONAL SCHOOL? Financial aid options are available to graduate and professional students. Although some funding sources, such as the Federal Pell Grant, are available only for undergraduate study, there is a wide variety of loan and scholarship dollars for graduate study. This guide will give you an overview of the eligibility criteria, sources of assistance, and application processes for obtaining financial aid, as well as resources for debt management.  Click here to access this guide for more information.

To be eligible for a Free Reduction Certificate, an applicant must be:

  • U.S. citizen or resident alien, and
  • a college senior receiving financial aid through an undergraduate college in the U.S., a U.S. Territory, or Puerto Rico, or a returning unenrolled college graduate who has applied for financial aid; and either
  • a dependent college senior whose Institutional Student Information Report (ISIR) shows a parental contribution of not more than $1400 for the senior year, or a self-supporting college senior whose ISIR shows a contribution of not more than $1800 for the senior year, or an unenrolled college graduate whose ISIR or Student Aid Report (SAR) indicates self-supporting status and a contribution of not more than $1800.

The Coordinator must complete and sign the certificate and note in the applicant's file that a Fee Reduction Certificate has been issued.  By signing the certificate and affixing the seal or stamp, the Coordinator attests to the applicant's eligibility in accordance with the GRE Board requirements indicated above.

The applicant must mail in the original Fee Reduction Certificate, payment equivalent to 50 percent of the full test fee, and page one of the ISIR or SAR showing the applicant's estimated family contribution with the appropriate registration materials.  Any applicant who is planning to register for a General Test and a Subject Test should mail all registration materials together in one envelope.

Under no circumstances should an applicant be issued multiple Fee Reduction Certificates.  Applicants who register but fail to appear on the test, have lost or misplaced the certificate, or wish to repeat a test, should not be issued another Fee Reduction Certificate.

The GRE Fee Reduction Program is funded by income from GRE test fees.  The GRE Program incurs a cost for every test appointment scheduled or test registration received.  Please inform students not to schedule a test appointment or register for a test unless they are certain they will be able to attend the test session.  The long-range viability of the Fee Reduction Program depends upon effective stewardship of this program.  If you have any questions, please call the GRE Fee Reduction Program at 1-609-771-7092.

FastWeb Scholarship Search

If you need money for graduate school, look no further. FastWeb is the leading Internet scholarship search—and we just got better! Click here for more details and topics on:

  • Scholarships
  • All About Grad School
  • Get a Grip on your Student Finances
  • Financial Aid Tips from an Expert

 

Click on the image below to review the Financial Aid Guide that summarizes everything you need to know about receiving financial aid, the consequences of withdrawing from a course(s), disbursement of aid, transient student enrollment and so much more.

Financial Aid Guide

 Last Modified 7/17/14