spacer spacer spacer
> FAU PEOPLE DIRECTORY > SITE INDEX > ALTERNATIVE VIEW
spacer
spacer
spacer FAU WEB SEARCH spacer
spacer
Florida Atlantic University - Financial Aid
 
menu
 

              

 Newsflash Topics......                          

                                 

Recent Changes in Bright Futures Scholarships

Due to recent changes by the Florida Legislature, Florida Academic Scholars (FAS) will NO LONGER pay 100% of tuition and other college-related expenses.  The Florida Medallion Scholars (FMS) and the Florida Gold Seal Vocational Scholars (GSV) will NO LONGER pay 75% of tuition.  These Bright Futures Scholars will now receive a flat rate amount towards tuition. 

Under the new system, the Academic Scholars will receive $126 per credit hour and the Florida Medallion Scholars and Florida Gold Seal Vocational Scholars will receive $95 per credit hour.  This cost is about what students received in past years, but it does not cover recent tuition per credit hour beginning with the 2009-2010 academic year. For more infor
mation on these recent changes, click here to visit the Florida Department of Education website.  

INCREASED FINANCIAL AID FROM FAU

In accordance with permission granted by the Florida Legislature and FAU's Board of Trustees, tuition at Florida Atlantic University will increase by 15 percent in the 2009 Fall Semester. Eight percent of this increase was mandated by the Legislature and the additional seven percent - called differential tuition - was levied by the University.

An estimated $500,000 of the funds generated by the differential tuition will go toward increasing the amount of need-based financial aid available to FAU students. This measure is intended to assist students who are most affected by these increases and help offset the state's inability to fully fund the Bright Futures scholarship program.


Student Requirements for 2009-2010 Available on MyFAU


If you have already submitted your 2009-2010 FAFSA, check the Money Matters! tab on MyFAU (click on "View Financial Aid Information") to verify if additional documents are required.  Any documents listed under the Unsatisfied Requirements section MUST be submitted to this Office as soon as possible so that we can determine your eligibility for aid.  Incomplete or inaccurate responses will cause lengthy delays in the evaluation of your financial aid eligibility.  Award offers will not be available until all documentation is submitted and satisfied.  Verification Worksheets for Dependent and Independent Students can be downloaded from the "Forms to Download" link (located on left)Submit only ORIGINAL citizenship documents, if requested. 

Back to Financial Aid Homepage

Request Financial Aid for Summer 2009 Terms?


Students may request financial aid for the SUMMER 2010 terms beginning February 1, 2010 exclusively on Self-Service via MyFAU.  Apply early because funds will be available on a first-come first-served basis.  Click here for more details and eligibility on SUMMER 2010 Financial Aid.

2009-2010 FAFSA Application Is Available!


Students can begin filling out the 2009-2010 Free Application for Federal Student Aid (FAFSA) beginning January 1, 2009. The FAU priority deadline is March 1, 2009. All applications received after that date will be reviewed in order of receipt. Apply online to save time and effort. 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.


FALL 2009 Short Term Advance

The FALL 2009 Short Term Advance application will be available exclusively online beginning August 7, 2009 on MyFAU (click on the Money Matters tab).  The Short Term Advance is an University monetary advance for purchasing textbooks or other unanticipated expenses.  Funds will be directly deposited into the student’s existing bank account (preferably with BankAtlantic); however funds can be direct deposited into your existing financial institution. Click here for more details and eligibility requirements.  NOTE:  Short Term Advance funds will NOT be disbursed before the first day of classes.  To check the status of your Short Term Advance,  click here.

Students will need their FAU Z Number when applying for a Short Term Advance. Bank account information will no longer be needed when filling out this application; however, to view or establish direct deposit for short term loans or financial aid refunds, log on to MyFAU and click on the New FAU Self-Service (OWLS) link on the homepage and follow the links to direct deposit.

NOTE: If student is under 18 years of age, please complete and submit the Parental Short Term Advance Application.  In addition, submit the Direct Deposit Form (located on MyFAU and click on FAU Self-Service link on the homepage and follow the links to direct deposit).

Back to Financial Aid Homepage


Unsatisfactory Academic Progress Notifications Sent Via FAU Email!


Federal regulations require students to demonstrate Satisfactory Academic Progress toward a degree in order to be eligible to receive financial assistance under Title IV Programs.  Academic progress for financial aid applicants is reviewed prior to disbursing financial aid each academic year and is based on total cumulative credits attempted at FAU at the end of the student's most recently complete term, regardless of whether the student has previously received financial aid.  Students who are NOT meeting this requirement have been notified via their FAU email account regarding the specifics and the procedure to request an appeal.  Log on to MyFAU (click on the Money Matters! tab) to check your status.

Review & Accept Award Offers Online on MyFAU!


Financial Aid Award Offers for SUMMER '09 are now available on the Money Matters! tab on MyFAU then click on "View Financial Aid Information" link.  For more details on how to access your financial aid other information, click here


A/R Holds Can NO LONGER Be Lifted!

The Office can NO longer lift accounts receivable holds from the Controllers Office due to new Federal Regulations. If you have an accounts receivable balance, it must be PAID IN FULL. Payment plan options for the Fall and Spring tuition and fees are available online.


Sign up for Direct Deposit Online!

Sign up for Direct Deposit online and have your financial aid refund deposited into your bank account instead of waiting for a check to arrive in the mail.  The Direct Deposit Form is available on MyFAU and click on the Money Matters tab.  Click here for more details.  IMPORTANT:  In order to receive a financial aid refund, students MUST have a current and active address on file with the University.  To view or update your address information, log on to MyFAU and click on FAU Self-Service (OWLS) link, click on Personal Information and then click on View/Update Addresses and Phones. 

Back to Financial Aid Homepage

Withdrawing from Classes

If you withdraw from a class and are a recipient of Title IV financial aid (i.e.  Pell Grant, Stafford Loans, SEOG, Perkins Loan), you must be able to provide documentation that you attended a minimum of one day of each class that you dropped.  Acceptable forms of documentation include a signed memorandum from faculty on FAU letterhead, graded quiz/test or assignment, or an email to the Financial Aid Office from the faculty FAU email account.

       
Requirements for Stafford Loans

If you HAVE NOT previously borrowed a Federal Stafford Loan through FAU, or if your last Federal Stafford Loan from FAU was borrowed prior to the 2001-2002 academic year, download the Lender Designation Form for Federal Stafford Loan Borrowers. Complete the required items on this document (name, SSN, date, and lender designation). This form MUST be read, signed and returned to the Office of Student Financial Aid.  Also complete (Entrance Counseling, and the Master Promissory Note (MPN). Click here for more information on Stafford Loans.


Estimate your Cost of Attendance


Students.....Need help with estimating your cost of attendance.  Click here to calculate an estimate of your tuition and other associated fees for the 2007-2008 academic year. To view tuition per credit hour for the current academic year, click here.

Back to Financial Aid Homepage

Florida PrePaid College Plan Students

Students who must report parental information on the FAFSA should report all qualified educational benefits or education savings accounts owned by the parents - including Coverdall savings accounts, 529 college savings plans, and the refund value of 529 state prepaid tuition plans - in question 88.  If the account is owned by a student who must report parental information, the value of the account is not to be reported.  If the account is owned by a student (or the student's spouse) who is not reporting parental information, the value is to be reported as an investment - in question 44.
              

Financial Aid is Based on Actual Enrollment

Please read the following important information: Please be advised that, prior to disbursement, the financial aid amounts which appear on your account are estimated amounts which may be adjusted due to several factors (such as changes in classification, enrollment, residency status, or financial resources). 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. You may review The Office of Student Financial Aid Terms and Conditions of Awards document by clicking here.

FULL TIME ENROLLMENT

CREDIT HOURS

Undergraduate (including second bachelors)

12 or more hrs

Graduate      

9 or more hrs

       

¾ TIME ENROLLMENT

CREDIT HOURS

Undergraduate (including second bachelors)

9 – 11 hrs

Graduate      

7 – 8 hrs

      

½ TIME ENROLLMENT

CREDIT HOURS

Undergraduate (including second bachelors)

6 – 8 hrs

Graduate      

5 - 6 hrs

     

LESS THAN ½ TIME

You will NOT be eligible for grants if you are enrolled less than ½ time at FAU.  In some cases, Federal PELL Grant recipients may be eligible to receive their PELL Grant with less than ½ time enrollment.

              
            
Back to Financial Aid Homepage

         
Post 911 Veterans Educational Assistance Act

TUITION DEFERMENT IMPORTANT NOTICE: 
If you have submitted your application for Chapter 33 and have not received a certificate of eligibility from the VA, then you may still be entitled to a tuition deferment. Please submit a confirmation email or letter from the VA that your application is pending and a copy of your DD-214. If funds are needed to purchase textbooks, you can request a Short Term Advance.  Students are encouraged to apply for financial aid to further supplement their educational expenses. To apply for financial aid, complete an online Application for Federal Student Aid (FAFSA).

President Bush has signed into law the Post-9/11 Veterans Educational Assistance Act of 2008. Visit Military.com or click here to visit the G I Bill official website for more information.

Applications for the Post- 9/11 GI BILL should be available beginning May 1, 2009.  Visit the website:  http://www.gibill.va.gov/.


Hands on Banking: "Managing Your Money"!

 Brush up on the basics of good money management and learn the skills needed to create a brighter financial future with the Hands on Banking® program.  Click here for more details. 

Adobe Flash Player is required to view Hands on Banking icon. 

The student financial aid programs are administered, according to a nationally accepted policy, that the family (meaning parents, student and/or spouse) is responsible for educational expenses. Financial aid is available to supplement a family's contribution in order to help students meet the cost of post-secondary education.



Crime Statistic Information!

Crime statistic information is available online through a link on the Florida Atlantic University Police Department website at http://www.fau.edu/police/clery.php or directly through the Department of Education’s Office of Post Secondary Education website at  http://ope.ed.gov/security/search.asp.  On this page enter FAU’s OPE code (00148100) at the prompt.  The statistics are broken down by each campus.

Hard copies of the crime statistics are also available at the FAU Police Dept. on the Boca Campus in the Campus Operations Building (Bldg 69).

Back to Financial Aid Homepage        

            

                         

Last Modified - 10/30/09 09:02:52

 
FAU Campuses: Boca Raton/Davie/Dania Beach/Fort Lauderdale/Jupiter/Treasure Coast Boca Raton Campus Danie Beach Campus Davie Campus Fort Lauderdale Campus Harbor Branch Campus Jupiter Campus Treasure Campus


 Privacy Policy | University Regulations and Policies | Emergency Information | Get Help at FAU | Contact Us

An Equal Opportunity/Equal Access Institution
© Copyright 2009. Florida Atlantic University

FAU Home Page