Important Facts
General Information for Financial Aid Recipients
- All students who are enrolled in at least half time status, will have a talon charge
set up to purchase books prior to classes beginning
- Complete the FAFSA as soon as possible on or after October 1 each year you need financial aid.
- First time loan borrowers must complete their online Master Promissory Note and Entrance
Counseling session at https://studentaid.gov/ before their loan will be disbursed to the school.
- Graduate students must be enrolled in at least five graduate hours (5000 level) during
any period of enrollment to receive federal student loans. Undergraduate students
must be enrolled in at least six undergraduate hours during any period of enrollment
to receive federal student loans.
- Any outside aid/resources that a student may receive, such as scholarships, tuition
waivers, etc., may affect the amount of aid they received through the Federal Student
Aid Programs. It's very important that students inform the Office of Student Financial
Services of any outside aid/resources that they may be receiving to help pay for their
educational costs.
- Federal Student Aid ceases when an undergraduate student reaches 186 attempted hours
towards their first bachelor's degree, and/or when a graduate student reaches 48 attempted
hours towards their first master's degree.
- It is very important that you check your NSU Gmail account regularly, to avoid missing
important information, updates, and reminders. The Office of Student Financial Services
sends most of their correspondence via e-mail.
- Federal regulations state that a students Pell award amount is locked in at the time
of disbursement and therefore cannot be updated after that date. If a student signs
a consortium agreement to take courses at another school, NSU must have the approved
consortium agreement prior to a students initial disbursement or those hours will
not be included in the students Pell Grant calculation.
- Repeated Coursework - Title IV funds may only pay for one repeat of a previously passed
course. More than one repeated course will not be calculated in your enrollment status
pertaining to Title IV funds.
- Students who intend on attending any summer term may want to reduce their prior fall/spring
loan amounts to ensure that they will have loan availability during the summer term.
- All financial aid offers are initially based on full-time enrollment. Financial aid
will then be adjusted to actual enrollment before disbursement.
- Graduate/Professional students are only eligible for Direct Unsubsidized loans and/or
Graduate Plus loans.
- Students must be degree seeking to be eligible for Title IV federal student aid. (Certificate
programs are not eligible for Title IV federal student aid)