The FAFSA is required for all federal, state and Benedictine University need-based assistance. It should be completed as soon as possible after January 1st.
To receive financial aid from federal programs you must:
1. Be a U.S. citizen or eligible non-citizen.
2. Be registered with Selective Service if required.
3. Demonstrate financial need if applying for need-based aid.
4. Be enrolled at least half-time (audited, repeated, and other non-credit classes do not apply).
5. Be working toward a degree or certificate.
6. Be making satisfactory academic progress.
7. Not be in default on any loan or owe a refund on any grant made under Title IV of the Higher Education Act of 1965, as amended, at any institution.
Have your completed U.S. Federal Income Tax returns readily available when completing the FAFSA. Estimated data can be used and updated later.
Apply for a PIN at www.pin.ed.gov. If you are required to provide parent information, one parent must also sign the FAFSA and will need their own pin to do so.
Include Benedictine University's school code: 001767 so the results of your FAFSA application will automatically be sent to our financial aid office.
Some students are selected for Verification. These students are required to submit additional documents before financial aid can be awarded.
All students who apply for financial aid will receive a financial aid award letter. The letter will include the types of assistance and award amounts the student is eligible to receive.
Students, who wish to decline a financial aid award or reduce the amount of the award, must sign and return their award letter within fourteen (14) days of receipt.
In order to ensure loan funds are credited in a timely manner, students should ensure a Master Promissory Note has been completed and Entrance Loan Counseling has been confirmed.
Funds awarded will be credited to the student's tuition account after the add/drop period is over.