What's Next?

• Endowment Scholarships – If you are awarded an endowment scholarship, you will be required to complete a Thank You letter to the donors of the endowment.
• Scholarships from Outside Sources – Benedictine College must be notified of any/all scholarships from outside sources the student will be receiving.  Such scholarships may impact the types of loans the student may qualify for. Loans – If you intend to utilize loans (Federal Direct Student, PLUS, Alternative), counseling and completed applications are required
• Loan Process Instructions
• Payment Plans – Benedictine College has a Payment Plan program for your convenience
• Financial Release Form – Family Education Rights and Privacy Act (FERPA) requires a signed release form by the student authorizing Benedictine College to discuss student issues with parents.
• Financial Responsibility Agreement – Master financial agreement between student and Benedictine College identifying the financial responsibilities of both the student and Benedictine College.
• Financial Aid Policies & Procedures – Outline of financial aid guidelines (for your information)
   

In order for your financial aid to be complete, submit all required documents before July 1, 2013.

REQUIRED FINANCIAL AID DOCUMENTS

• Endowed Scholarship Thank You Letter
  Please submit to Financial Aid Office – if applicable
   
• Notification of Outside Scholarship(s)
  Please submit to Financial Aid Office
   
• Signed award letter
  Please submit to Financial Aid Office
   
• Entrance Counseling for Stafford Loans
  Benedictine College notified of completion automatically (email)
   
• Loan applications (any/all)
  BC notified of completion automatically (email)
   
• Financial Release Form
  Financial Responsibility Agreement
   
• Financial Responsibility Agreement      

PLUS loans and alternative (private) loans must be reapplied for on a yearly basis.  We recommend that you start this process no earlier than June 1st due to credit check expiration parameters (90 days).

LOANS

• Federal Entrance Counseling
• Perkins Entrance Counseling
• Federal Direct Student Loan Application
• PLUS Application
• Alternative Loan Application

FORMS

• Permission for Release of Information
• Policies & Procedures
• Financial Responsibility Acknowledgement