|
Frequently Asked Questions New Graduate Students
Are tuition payment plans available?
Yes, St. John Fisher College does have a payment plan. Please visit the Bursar’s office website at http://home.sjfc.edu/bursar for details.
Is it too late to apply for financial aid?
Probably not. The FAFSA takes approximately 4-6 weeks to process. Financial aid can be calculated and awarded to students once we receive the FAFSA data. It is recommended that you keep a copy of the FASFA for your records before sending it. We are not able to retroactively process financial aid after a student’s last term of enrollment.
My Student Aid Report (SAR) indicates that I have been selected for verification. What does that mean?
The Department of Education randomly selects students to have their submitted FAFSA information verified by the school. St. John Fisher College notifies students by mail of any required documentation needed to complete the verification process.
What are the school codes for St. John Fisher College?
The Federal School Code for St. John Fisher College is 002821.
The New York State Graduate TAP Code is 5415.
What does the EFC number on my Student Aid Report (SAR) mean?
The data reported on your FAFSA is used to calculate the Expected Family Contribution (EFC) value. This value is used to determine your federal aid eligibility. The Federal EFC value is not necessarily your out-of-pocket cost to St. John Fisher College.
What is the difference between a subsidized and an unsubsidized Federal Stafford loan?
A subsidized loan is awarded on the basis of financial need. The federal government pays the interest on the loan during the time you are enrolled in college and during the period in which your loan is deferred. An unsubsidized loan is not awarded on the basis of financial need, and you are charged interest form the time the loan is disbursed until it is paid in full.
How will my aid be disbursed to me?
Once all requested documentation has been received and processed by the financial aid office, your awards will be disbursed to St. John Fisher College’s Bursar Office to be applies towards any outstanding balance. Any credit balance will be disbursed to you by the Bursar’s office.
How do I pay for books before I get my refund?
Book store expenses are an out of pocket expense. After classes begin, if a student has a credit balance, a refund check will be issued to reimburse/use for any education related expenses.
Can I use my aid for summer classes?
If you are taking 6 or more credit hours please complete the summer financial aid request form available in the financial aid office and in the summer course registration booklet.
How do I get a loan deferment?
Obtain a loan deferment form from you lender and have the Registrar’s office complete it.
|