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Have questions? We have answers!
What is SU's Title IV code for the FAFSA?
What is SU's recommended filing date for applying for aid?
The priority deadline for the FAFSA for new students is November 1 with a final due date of February 1. The due date for returning students is January 19. We recommend using the IRS data retrieval to provide income information on the FAFSA at the time of submission. Families who are unable to use the IRS DRT should provide copies of their federal tax returns and w-2s by May 1.
Does SU require the CSS Profile?
No. The CSS Profile is not required for any applicant. However, if you have submitted a CSS Profile to Susquehanna University we will include it in your Financial Aid application.
We're probably not eligible for aid. Should we skip filling out the FAFSA?
No. Many students qualify for aid, even if they do not think they will. All students are eligible for Federal Direct Loans regardless of need.
How do I know my Expected Family Contribution (EFC)?
When you receive your Student Aid Report (SAR) after filing the FAFSA, the EFC is located on the upper right-hand corner of the report.
How do I apply for a PA state grant?
The FAFSA serves as your application for the PHEAA grant. We suggest you log into your Account Access to check the status of your grant application. You can do this at www.pheaa.org.
Do I have to be accepted to SU before I apply for aid?
No, you can apply for financial aid before being accepted. However, you will not receive a financial aid package until you have been offered admission.
If I want to transfer to SU, what do I have to do to get financial aid?
When you complete the FAFSA, add SU to the list of schools that should receive your FAFSA.
Does SU have academic scholarships without regard to financial need?
Yes, our merit scholarships are based on high school achievement and are awarded without regard to financial need. Your application for admission to Susquehanna serves as your application for merit scholarship. This decision is made during the admission process.
Will my Raise.me micro-scholarship be added to my Susquehanna aid?
If you have participated in Raise.me program and have earned micro-scholarships throughout your high school tenure, these will be incorporated into your annual total of gift aid from Susquehanna University in the form of merit-based scholarships and need-based SU grants.
The total amount of Raise.me micro-scholarships are divided by a 4-year period of enrollment at Susquehanna University. For instance, if your Raise.me micro-scholarship total is $20,000, you would have $5,000 per year for 4 years. The maximum micro-scholarship a Raise.me student can earn is $20,000 per year. Scholarship renewal guidelines are provided in the letter of admission.
Raise.me micro-scholarships are incorporated into SU academic scholarships and/or need-based grant total. In most cases, Susquehanna awards will be more than the Raise.me micro-scholarships per year.
When will I receive my financial aid package?
Provided you have submitted the required documents and you have been accepted to the college, new students will begin receiving financial aid packages in November. Returning students who have completed the application process will begin receiving financial aid packages in May.
Where can I find information on outside scholarships?
The guidance counselor at your high school is a great source for outside scholarship information. You may also find scholarships in your community as well as on the web. We suggest websites such as www.scholarshipexperts.com and www.fastweb.com.
Will I receive additional grant money because I'm a SAGE Scholar?
When a student is accepted to SU, the Admission Office determines what academic scholarship the student is eligible to receive, if any. Students not awarded a scholarship are considered for SU need-based grant funding. This is money that is not repaid and is based on financial need as determined, in part, by the Free Application for Federal Student Aid (FAFSA). Students wanting to be considered for need-based aid must complete the aid application process.
The total amount of the SAGE Tuition Rewards earned are divided by the 4-year period that a student attends college. For instance, if your SAGE Tuition Rewards equal $10,000, you would have $2,500 per year over 4 years. If the academic scholarship and/or SU need-based grant funding awarded exceeds the amount of SAGE Tuition Rewards (per year), no additional grant will be awarded; however, if your SAGE Tuition Rewards exceed the amount of the SU grant/scholarship, SU will award the difference in the form of a grant.
Generally speaking, the academic scholarships and/or SU need-based grant are worth more per year than the SAGE Tuition Rewards. As a result, most students participating in SAGE do not receive additional funding.
If my FAFSA is selected for verification, what must I do next?
Students whose FAFSA forms are selected by the federal government to undergo an additional process called verification will be further asked to complete and return a verification worksheet. If you and your family did not elect to use the IRS Data Retrieval tool while completing the FAFSA, you will need to provide the Student Financial Services Office with copies of an IRS-issued tax return transcript.
What do I do after I receive my financial award package?
Compare the package from SU with the packages from other colleges to which you have applied. If you choose to attend SU, return the signed award letter with all other accompanying documents by May 1. If you receive the package after that date, return it within two weeks of the date on the award letter.
What should I do if my family's financial circumstances change after I apply for aid?
Contact the Student Financial Services Office as soon as the circumstances change. If warranted, we will mail you a Change of Financial Circumstance form.
Do I have to apply for aid every year?
Yes. Need based awards at SU are reevaluated each academic year.
Do I qualify as an independent student?
The Higher Education Amendment of 1992 currently defines an independent student as a person who meets at least one of the following criteria:
- is 24 years of age or older
- is an orphan or a ward of the court
- is a veteran of the U.S. Armed Forces
- is currently serving on active duty in the U.S. Armed Forces for purposes other than training
- is a graduate or professional student
- is married, as of the date applying for financial aid
- has legal dependents other than spouse