Spring 2011 Top Ten Questions
Q1. When will continuing students receive their aid packages for the 11-12 academic year?
A: Students who will be continuing at the university can anticipate their award packages notices for the 2011-12 academic year will be sent in mid-June.
Q2. How do I qualify for summer financial aid?
A: As long as you are enrolled in at least 6 credit hours (for undergraduate students) and at least 4 credit hours (for graduate students) you will be eligible to receive federal financial aid for your summer classes. Please visit our Summer 2011 Aid Application for additional information and a link to apply.
Q3. Where can I view my summer financial aid on myPurdue account?
A: To view your summer financial aid, go to your myPurdue page, and select the “Financial Tab”. Then select the “Award for Aid Year” link on the left side of the screen. Your summer aid will be listed under the 2010-11 year, along with your aid from the 2010-11 academic year.
Q4. When do I get my summer financial aid refund?
A: You will not receive any disbursement of aid prior to a week before your first day of class. All promissory notes for any loans and any financial aid requirements (red flags on your account) must be completed in order for the funds to disperse.
Q5. As an incoming freshman, my family has a lot of financial aid questions. Any advice?
A: Incoming freshman and/or at least one parent should attend the financial aid services presentation Paying for Purdue during STAR orientation, June 20 through July 14. .
Q6. I cannot accept the Parent PLUS Loan on my myPurdue account. Where do I accept this?
A: Students do not have the option to accept Parent PLUS loans on their myPurdue accounts. In order for a Parent to use these funds, they must be credit approved online atwww.studentloans.gov. Once approved or denied, the application will be sent to our office where we will continue processing.
Q7. How do I report my private scholarships?
Beginning this summer, private scholarships can be reported to your office from your myPurdue account. For further instruction, please visit our Private Scholarship Reporting webpage.
Q8. I have been awarded Federal Work Study (FWS). How does this work?
A: Federal Work-Study (FWS) is a program for students who have demonstrated financial need as determined by their answers on the FAFSA. This work program helps students who have FWS awards as part of their yearly financial aid package meet some of their educational expenses through a part-time job opportunity with an eligible employer. You will receive paychecks from your employer, so the funds will not directly pay your bill.
Q9. I’ve completed the Loan Entrance Counseling/Master Promissory Note (MPN) for my 2011-12 academic year loans. When will the red flags on my myPurdue page go away?
A: Our office has not started loading and processing loan information for the 2011-12 academic year. Once we begin the certification/file exchange process with Direct Lending, we will receive the MPN information from them and load the information in our system. Afterward, the red flags will turn into green check marks on your myPurdue. We are anticipating on starting this process in early July.
Q10. I am an out of state student. How can I get in-state residency?
A: It is difficult for an out-of-state stduent to obtain in-state residency status. For specific information about residency, please visit the Registrar's Office website.