Our staff prepares financial aid packages for any student who has been accepted to Immaculata University’s College of Graduate Studies and who has completed the application process. By utilizing this step-by-step guide, you will be able to complete the entire process smoothly and ensure that all your financial aid will disburse promptly and accurately.
Since the College of Graduate Studies offers revolving enrollment periods, financial aid packages are prepared and distributed as soon as applications for aid are received. Continuing students who have completed the next year’s application can expect to have their packages mailed around July 1.
If you have any questions while completing the process, please feel free to contact us at firstname.lastname@example.org or 610-647-4400 ext. 3028. You may also contact someone from the financial aid staff below.
|Last Names A-G||Patricia Cogan||Financial Aid Counselor||ext. 3149|
|Last Names H-L||Sallie Tuscai||Assistant Director||ext. 3048|
|Last Names M-R||Jennifer Callahan||Counselor and Work Study Coordinator||ext. 3087|
|Last Names S-Z||Maureen Hoerman||Financial Aid Counselor||ext. 3145|
Step 1 – Apply!
Your Free Application for Federal Student Aid (FAFSA)
The financial aid process begins by completing the FAFSA. This application will be used to determine your family’s financial profile and your eligibility for all need-based aid. This form is available starting October 1st and may be completed online at www.fafsa.ed.gov.
The FSA ID, a username and password, has replaced the Federal Student Aid PIN and must be used to log in to certain U.S. Department of Education websites. Your FSA ID confirms your identity when you access your financial aid information and electronically sign Federal Student Aid documents. If you do not already have an FSA ID, you can create one when logging in to www.fafsa.ed.gov.
Your Student Aid Report (SAR)
Upon successful completion of the FAFSA, you will receive a SAR (Student Aid Report) from the Department of Education. Your SAR will have your calculated EFC (Expected Family Contribution). This number is used to calculate your financial need and is the basis for determining most federal, state, and institutional aid. Check the data on the SAR for accuracy! If necessary, make corrections to your FAFSA.
Your Institutional Aid Application (IUAPP)
After completing your FAFSA, you must complete the institutional aid application. This application captures information, not on the FAFSA, which will enable us to more accurately prepare your financial aid package for the academic year.
Step 2 – Plan!
Your Financial Aid Package
Once Immaculata University receives your completed FAFSA and you have been accepted to the College of Graduate Studies, the Office of Financial Aid will send you a financial aid package. In this package will be a letter with details about funding offered and requests for any required additional documentation.
If you choose to reject any of the aid offered to you, send a notification to the Office of Financial Aid in writing or via e-mail. Students can also send the reply page included with the award letter to accept or reject their award.
In addition to the aid offered by Immaculata and the state and federal governments, many organizations offer excellent scholarships, grants, and other forms of financial assistance. Students interested in researching free outside scholarship opportunities can do so at www.fastweb.com or www.educationplanner.org.
If at any time you receive additional aid, federal regulations require you to notify the Office of Financial Aid. If an “over-award” (funds received in excess of your calculated financial need) results due to the additional funding, the Office of Financial Aid must make appropriate changes to your financial aid package. A revised award letter will be sent to you with the details of your new financial aid package.
Step 3 – Complete!
Paying Your Remaining Balance
On your award letter, the Office of Financial Aid will calculate the estimated amount needed to pay your bill. There are three options available:
- The IU Installment Payment Plan
- The Federal Direct PLUS Loan Program
- Private Educational Loans Options
Please review each program to determine which option is best for you. For additional information regarding all educational loan options, please visit our student loans section.
Federal regulations require that, before any Federal Direct Loans are disbursed to a student’s account, the student must complete an entrance counseling session. This takes about 20 minutes and must be done online at studentloans.gov. The entrance counseling session provides information about how to manage student loans, both during and after college.
Master Promissory Notes
All loans require you to sign a promissory note, which is your promise to repay your loan. Federal Direct and Federal Direct PLUS Loan promissory notes may be completed online at studentloans.gov.
Title IV Authorization Form
For students who have been awarded federal funding (i.e. Pell grant, Direct Sub/Unsub Loan, etc.) you must complete a Title IV Authorization Form before funds can be disbursed. This form allows you to choose whether you want any excess balance on your student account to carry forward till the end of the year (July 1st) or have it refunded to you each semester. This form can be found on the Forms page within Financial Aid.