Park University Logo

Campuses Nationwide

Your Location: Park.edu Home > Parkville Campus > Financial Aid > New Student Guide

New Student Aid Guide

The Academic Year for Park University begins with the fall semester.  You MUST apply for financial aid each year prior to the semester/term(s) you will be attending. To avoid delays complete the FAFSA form as soon as possible after January 1, or at least 90 days prior to registration (view academic calendar) for any term of enrollment, each academic year--this is the first step in determining eligibility.

Apply Early for Financial Aid

Early submission maximizes chances of delaying your financial aid. The FAFSA form is available on line at www.fafsa.ed.gov or at www.park.edu/finaid which will take you to the Four Easy Steps to Apply for Financial aid. The priority deadline for certain state and federal as well as some institutional financial aid is March 15, 2005

To be considered for federal financial aid, you must be admitted to Park as "degree-seeking." An Award Notification letter will be sent via email advising you of your eligibility for aid. The Student Financial Services (SFS) office will verify that all required documents are on file and that the student is enrolled and has attended classes through the enrollment adjustment period before releasing any funds.

Things To Remember

  • Complete the Park Request for Financial Aid (RFA)
  • Complete ENTRANCE COUNSELING for first time borrowers online
  • Confirm (arrange to pay) prior to classes starting according to the published confirmation deadline for each term
  • Quickly respond to all requested documents
  • Allow 4-6 weeks for processing
  • Disbursements generally occur 1-2 weeks AFTER the start of the semester/term.
  • A 3-4 % lender origination fee will be deducted from your loan prior to disbursement.
  • Complete a separate Request for Summer Aid beginning in February
  • Notify the financial aid office of any outside aid you are expecting
  • Keep a copy of all documents related to your financial aid

NOTE: BE PREPARED TO USE YOUR OWN FUNDS (CASH, CREDIT CARD, ETC.) TO PURCHASE BOOKS AND TO MEET PERSONAL NEEDS FOR AT LEAST THE FIRST MONTH!

---------------------------------

University Resources