|
Applying
| High School Calendar
| Verification | Disbursing
Financial Aid | Rights
and Responsibilities | Frequently Asked Questions | Tips
Frequently Asked
Questions about Financial Aid
Applying
for Financial Aid
- How do I apply for financial aid at Christopher Newport University?
- What will I need to complete the FAFSA?
-
I'm confused by the FAFSA. Can you help me complete the
form?
- What is the deadline for submitting the FAFSA?
- I missed the March 1 deadline. Can I still apply for
aid?
- What is Christopher Newport University's Title IV school code?
Processing
Financial Aid
- When will I receive an award letter?
- What if my situation has changed since I completed the FAFSA?
- I received a revised award letter. Why did you change
my awards?
Parental
Information and Applications
- Do my parents and I need to complete our tax return before
filing the FAFSA?
- If my parents are divorced or separated, do I include both
parents on the FAFSA even if they don't live together?
- If my parents are divorced and the parent I live with is remarried,
do I have to include my stepparent's income information on the
FAFSA even though that person does not provide any financial support
for me?
- Why can't you tell my parents about my financial aid?
- All I want is a parent PLUS loan. Why do I have to complete
the FAFSA?
- How do my parents apply for a PLUS loan?
Verification
- My Student Aid Report indicates that I was selected for Verification.
What does this mean?
Office
of Financial Aid
- When is your office open, and where is it located?
Special
Situations
- How can I change my status from out of state to in state?
- I am an independent student. Why do I still have to provide
my parents' information?
- Can I negotiate my financial aid package?
How
do I apply for financial aid at Christopher Newport University?
The only
form necessary to apply for financial aid is the FAFSA (Free Application
for Federal Student Aid). The FAFSA is used to determine
your eligibility for financial aid.
What
will I need to complete the FAFSA?
To complete
the FAFSA, you will need:
- Your tax return and all W-2 forms for the prior year.
For example, if you are applying for financial aid for the 2004
- 2005 academic year, you will need your 2003 tax documentation.
- Your spouse's tax return and W-2 forms for the prior year, if
applicable.
- Your parents' tax return and W-2 forms for the prior year, if
applicable.
- Bank statements for checking, savings, and investment accounts.
- Business and farm financial records.
I'm confused by
the FAFSA. Can you help me complete the form?
the Office of Financial
Aid is more than happy to assist students in completing the FAFSA.
You are welcome to call our office at (757) 594-7170 for assistance,
or you may stop by the office in the Administration Building, Room
203. You may also email
us to make an appointment or find the best time to come to the office.
We recommend that you have the forms necessary to complete the FAFSA
with you or easily accessible for better assistance.
What is the deadline
for submitting the FAFSA?
We recommend that you
submit your FAFSA by February 1 in order to meet our priority consideration
date of March 1. Financial aid is always available after this
date, but it may be limited to Federal Stafford and PLUS loans and
the Federal Pell Grant.
I missed the March
1 deadline. Can I still apply for aid?
The March 1 date is not
a true deadline. Instead, it is a recommended priority consideration
date for our students. If we have received your application
for financial aid by this date, we will be able to consider you
for all Virginia grants and scholarships that we offer. However,
you can and should apply for financial aid if this date has already
passed. We will consider you for Federal Stafford and PLUS
loans and the Federal Pell Grant.
What is Christopher
Newport University's Title IV school code?
Our Title IV school code
is 003706. You must include this code on the FAFSA in order
for CNU to receive the results.
<back>
When
will I receive an award letter?
We make every effort to
ensure that our students receive financial aid award letters as
soon as possible. Our goal is to provide incoming freshmen
who have met the priority filing date and who have submitted all
requested paperwork with the information necessary to make an informed
decision about their college choice. For returning students,
award letters can not be completed until grades have been posted.
In general, if you met the priority filing date and have not received
an award letter by the end of May, please contact our office.
What if my situation
has changed since I completed the FAFSA?
The FAFSA, which uses
prior year income information, is used to determine your eligibility
for financial aid. If the prior year no longer represents
your current situation, please contact
our office. You will be required to submit certain documents
in order for us to consider your request for a change. Federal
guidelines preclude us from updating some information. Also,
aid levels are limited, and we may not be able to provide additional
financial aid late in the awarding year.
I received a revised
award letter. Why did you change my awards?
Federal and state financial
aid law states that a student cannot receive financial aid over
the cost of attendance. Outside scholarships (scholarships
not awarded by a CNU office) must be included as a resource for
financial aid purposes. When we receive notification of these
awards, we must reconsider your eligibility for financial aid.
Other factors that may cause changes are reducing enrollment hours,
receiving a CNU scholarship, or changing Veterans Benefits.
We make every effort to reduce Stafford loans and Federal Work Study
first, before reducing grants.
<back>
Do
my parents and I need to complete our tax return before filing the
FAFSA?
No. The FAFSA allows
you to use estimated figures by indicating you will file, but have
not done so yet. We recommend that students provide estimated
figures in order to meet the March 1 priority consideration date.
However, students need to ensure that they correct their FAFSA once
they and their parents have filed their returns.
If my parents
are divorced or separated, do I include both parents on the FAFSA
even if they don't live together?
The FAFSA instructs you
to include information about the parent you lived with more during
the past 12 months. If you did not live with one parent more
than the other, include the parent who provided more financial support
during the past 12 months, or during the most recent year that you
received support from a parent.
If my parents
are divorced and the parent I live with is remarried, do I have
to include my stepparent's income information on the FAFSA even
though that person does not provide any financial support for me?
Because you are considered
part of the stepparent's household, you must include that person's
income on the FAFSA according to federal law.
Why can't you
tell my parents about my financial aid?
Federal privacy regulations
prohibit us from discussing specific financial information with
anyone without permission from you, the student. You may complete
a release of information form to grant
that permission to your parents.
All I want is
a parent PLUS loan. Why do I have to complete the FAFSA?
The Department of Education
gives schools the ability to require the FAFSA for PLUS processing.
CNU is one of the schools which requires this form. When the
FAFSA is processed, it goes through many checks to verify some of
the data on the form. CNU cannot independently verify this
data, such as citizenship. Also, many students are eligible
for more financial aid than they think, and requiring the FAFSA
gives CNU the ability to help students meet their school expenses
in a variety of ways.
How do my parents
apply for a PLUS loan?
To apply for a PLUS loan,
you and your parent need to first complete the FAFSA. You
must also complete the PLUS request form.
Once these documents have been completed, as well as any other necessary
paperwork, we can process your PLUS loan. If your parents
have not already done so, they will also need to complete the PLUS
Master Promissory Note. Your parents can learn more about
the PLUS process here.
<back>
My
Student Aid Report indicates that I was selected for Verification. What does this mean?
About 30% of all applications
are selected for verification by the Department of Education.
In addition, CNU has the right to select applications for verification
as well. Students selected for verification must complete
the Verification Worksheet, Worksheet A, B, and C, and submit signed
copies of their (and their parents') tax returns. This documentation
must be received prior to awarding financial aid.
<back>
When
is your office open, and where is it located?
We are open Monday though
Friday, 8 AM to 5 PM. We are located on the second floor of
the Administration Building, in Room 203.
<back>
How
can I change my status from out of state to in state?
residency changes are
made by the Office of Admissions. Please contact their office
for additional information.
I am an independent
student. Why do I still have to provide my parents' information?
Many students believe
that they are independent because their parents don't claim them
as an exemption on their federal tax returns or because their parents
don't or won't pay any school expenses. However, federal regulations
define dependency differently. The FAFSA asks a series of
questions to determine if you need to provide parental information.
If you can answer "yes" to any of the questions listed
on the FAFSA, you do not need to provide parental information.
In very limited instances, we can perform dependency overrides for
certain students. Please contact
our office if you need further information.
Can I negotiate
my financial aid package?
CNU financial aid and
scholarship offers are not negotiable. We work hard to offer
the very best package we can, based upon federal and state rules.
As a young public institution, we have very limited federal, state
and institutional funds. Be savvy when comparing financial
aid offers: some schools offer large scholarships, but are trying
to cover an exorbitant price. Make sure you are comparing
not only the cost of attending school, but also the value of the
degree you will receive.
<back>
|