How to Apply for Federal Financial Aid
To be eligible for Federal Financial Aid funds through the Online Program, you must be a U.S. citizen or eligible noncitizen, officially accepted as a student at Upper Iowa University, not receiving Federal Financial Aid through another school, have remaining loan eligibility, and not in default on existing loans.
Upper Iowa University’s Financial Aid office has a useful tool to assist you in the Financial Aid process called NetPartner. It provides information about the status of your award, missing documents, allows you to accept your award and complete the necessary loan documents.
How Your Financial Aid Will Be Applied
When the Financial Aid Office has received all required documentation for your file, an award will be prepared. Your award will be broken down into terms. Before loans can be disbursed, you will need to accept the items you wish and if requesting loans, complete the Direct Lending Master Promissory Note. Loans are disbursed approximately the fourth week into the term. To better understand your gift aid or student loans, refer to the financial aid page. Your award may have Alternative Loans. These are private credit-based loans that students can use to help them "fill the gap" between their educational expenses and financial aid that is awarded to them through gift aid and the Stafford Loan program.
Cash overpayments for loan funds exceeding tuition and fees will be processed following the loan disbursement. Once attendance has been confirmed, overpayments will be issued to the student.
Stafford loans remain in deferment while the student is enrolled at half time status. Repayment begins six months after the student graduates or withdraws from school.
Loan Refund Policy
Withdrawing from courses is an expensive decision. For more details on how this decision impacts your Federal Financial Aid, refer to the loan refund policy.
Company Tuition Assistance
If you are receiving company tuition assistance, a voucher approved by Upper Iowa University must accompany any portion of the payment for which you are responsible.
All company tuition assistance forms must be received in the CDE office before the first day of the term.
Tuition Refund Policy
Withdrawing from classes is an expensive decision. Tuition will be adjusted based on the percentages listed below for the weeks attended in the eight-week enrollment period.
|Withdrawal before the first class meeting
|Withdrawal during week one
|Withdrawal during week two
|Withdrawal during week three
|Withdrawal during week four
|Withdrawal after week four
These percentages will also be used to determine eligibility for state aid you may have received. Course withdrawal may change the amount of, or eligibility to receive, financial aid for a specific term.
Upper Iowa University is required to use a statutory schedule to determine the amount of Title IV aid that you have earned when you cease attendance based on the period of enrollment. Up through the 60 percent point in each period of enrollment, a pro rata schedule, based on number of days in attendance divided by number of days in the payment period, will be used to determine the amount of Title IV aid you have earned at the time of withdrawal.
You may appeal the tuition refund calculation if you feel there are extreme circumstances that warrant an exception to the published policy. Make your request in writing, documenting the extreme circumstances, and submit it to the student account coordinator for the Center for Distance Education. A response to the appeal will be made within two weeks.
For additional resources contact the CDE student accounts team.
If you have any questions regarding financial aid or billing, please contact the Student Accounts team at the Center for Distance Education Program Office at 800-553-4150 [1+2] or CDEstudentaccounts@uiu.edu.
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