Top Ten Questions for Upperclassmen
1. When will my financial aid eligibility be determined for 2012-13?
Award notices will be issued in mid-June. View www.purdue.edu/dfa/continuingawardnotice.php for more details regarding award notices for continuing students.
2. When is my summer bill due?
Bills are due May 14th for all students enrolled for summer. See http://www.purdue.edu/bursar/ for more information regarding bills and due dates.
3. When will I get my summer refund?
Most students can expect to receive their refund for summer approximately 3-5 business days before their classes start. For students whose summer enrollment does not begin until June or July, refunds
will not be issued in May like the individuals enrolled during that
time. See common reasons why a refund is delayed at www.purdue.edu/dfa/all/aidispaid.php.
4. Why does it still show the Master Promissory Note (MPN) and loan entrance counseling requirements are still outstanding for 2012-13 when I’ve already completed them?
Our office will begin downloading promissory notes and entrance counseling files for the first week of July. Although you have already completed the requirements, they will still show as red flags on myPurdue after we begin the file exchange with Direct Lending in July.
5. When is the fall bill issued and due?
The fall invoice will be issued mid-July and is due the first day of classes, August 20, 2012.
6. How do I get money to pay for my off-campus apartment and books?
The Bursar’s Office will issue a refund approximately 5-7 business days prior to the start of the semester if there is financial aid in excess of billed tuition and fees. More information is available at www.purdue.edu/dfa/all/books.php. See common reasons why a refund is delayed at www.purdue.edu/dfa/all/aidispaid.php.
7. When do I need to accept the loans offered?
If you want the funds to credit the invoice issued in mid-July, accept your student loans, sign any necessary promissory notes, and complete required loan entrance counseling by July 5. Loans may be accepted after that date and will result in a revised invoice if there is a balance due. Parent PLUS Loans or private loans showing in “offered” status on myPurdue require a separate application to be completed. The application for Parent PLUS Loans is available at www.studnetloans.gov. An application must be submitted through a bank or loan company to initiate a private loan. Private loans commonly take 4-6 weeks to process.
8. Why isn’t the private loan I applied for crediting my bill? It doesn’t show up on myPurdue.
Private loans commonly take 4-6 weeks to process from the time the application is completed and credit-approved.
9. I have been denied financial aid due to not meeting the Satisfactory Academic Progress (SAP) policy. How do I become eligible for financial aid again?
For your financial aid eligibility to be reconsidered, you must complete the SAP appeal form and submit it to our office for review. View the SAP policy, download the appeal form, and locate resources that are available to help you at www.purdue.edu/dfa/all/sap.php.
10. Am I eligible for Federal Work-Study? Will I be able to find a job that doesn’t require Federal Work-Study, and if so, how?
Federal Work-Study (FWS) eligibility is determined based upon the information entered in the FAFSA. Students who meet the requirements will see FWS “offered” in their financial aid awards and can accept it online through myPurdue. Students who do not qualify for FWS may still find part-time employment opportunities. Both FWS and non-FWS job postings are listed at www2.itap.purdue.edu/DFA/JobPosting/JobSearch.cfm.
