Answered By: Abigail Caraccio Last Updated: Mar 13, 2019 Views: 259
You are normally awarded within 4 weeks of the start of the term. However, the following conditions could affect your awarding time:
If you submit your FAFSA close to or after start date, it normally takes 5 business days for the government to send us your information. Once we received this, it takes the Financial Aid office 7 business days to award you.
If you are near your lifetime limit, your account must go through a manual review process prior to awarding. This process takes 2 weeks from the receipt of your FAFSA. To see if your file requires manual review, go to your myFinAid portal and select the “Messages” tab.
If you are applying for a GradPlus Loans, you must complete a credit application and promissory note with your loan application. We normally receive your credit decision within 3 business days. From that point, it takes additional 7-14 business days to award you.
For more information on this topic, please contact The Office of Financial Aid at firstname.lastname@example.org