FAFSA and financial aid
the Coronavirus Aid, Relief and Economic Security (CARES) Act
The U.S. Department of Education has identified a Coronavirus Aid, Relief and Economic Security (CARES) Act allotment of $2,805,843 million for Park University.
One-half of this amount ($1,402,922) is designated by the DOE to provide emergency financial aid grants to students for expenses related to the disruption of campus operations due to the coronavirus. The other half is designated by the DOE to cover costs associated with significant changes to the delivery of instruction due to the coronavirus.
To view the Department of Education’s allocations and methodology for these funds, visit https://www2.ed.gov/about/offices/list/ope/caresact.html.
Park University’s initial focus, as required by the DOE, is related to the funds to be distributed as emergency financial aid grants to students. The Department of Education has issued guidance to colleges and universities across the country regarding the distribution of these funds. Visit https://www2.ed.gov/about/offices/list/ope/heerfstudentfaqs.pdf to view a list of frequently asked questions.
Emergency financial aid grants will be issued to those students who are eligible per stipulations outlined by the Department of Education; colleges and universities are required to follow these conditions by law.
In the coming days, Park University will e-mail Park students (at their Park account) who meet all initial criteria as defined by the Department of Education (see above FAQ link). In some cases, there may be a need for verification or additional information related to meeting all criteria. By law, international students, as well as those exclusively online, are not included among those who qualify.
Be assured that Park University personnel are working diligently to process and award the grants as quickly as possible while also abiding by all guidelines issued by the Department of Education.
If you have any questions, please e-mail firstname.lastname@example.org.
The FAFSA page is now available for the 2020 -2021 award/academic year.
It is the student’s responsibility to review their Park University email for information regarding their financial aid status. We strive to communicate effectively on what documents are needed to complete the award or regarding changes to an existing award. Students with a valid FAFSA on file can log in to their Financial Aid portal to submit documents, check their status or view/accept financial aid offers. Your attention is required on all financial aid notifications to ensure there are no delays in confirmation, book vouchers and/or meeting billing due dates.
APPLY FOR FINANCIAL ASSISTANCE
- Complete the Free Student Application for Federal Student Aid (FAFSA).
*Do not send your tax information unless it is requested.
Park’s FAFSA code: 002498
APPLY FOR Student LOANS
- Complete Your MPN (Master Promissory Note) at Direct Loans
- Complete an Entrance Interview
- Exit Counseling
- Student Loan Repayment Options
For entrance counseling, Park University’s flagship campus is located in Parkville, MO.
Students, who receive more in financial aid than the charges on their student account, may receive a refund. In cases of a refund, students should complete a Direct Deposit form. Further instructions may be provided if a student is awarded a scholarship that is in conflict with a refund. (i.e.: Kansas City Scholars)
COORDINATION OF FINANCIAL ASSISTANCE
Any financial aid award is subject to review based on assistance received from outside sources. All sources of aid, with the exception of VA benefits, are regarded as estimated financial assistance and must be included in the financial aid award.
NEW STUDENT Resources
- Understanding the Financial Aid Process
- Loans – Entrance Counseling
- Veterans Affairs Materials
- Transfer Students Checklist