CPP FINANCIAL SERVICES

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Presentation transcript:

CPP FINANCIAL SERVICES FINANCIAL AID ORIENTATION

What to expect: Introduction of Student Financial Services Counselors- CPP FAFSA video Steps to Apply Overall financial aid process Important information: status, types of aid, verification, award letter and estimate documents

Welcome CPP Students Erika: (425) 889-5325 Last name of A-K Celeste: (425) 889-5326 Last name L-Z Hello CPP Students, your CPP Financial Counselors are Erika Dull and Celeste Montes. As you start your semester with the CPP program we hope to work alongside you in ensuring your University experience is positive. When you need to contact either of us please email CPPFinancialServices@northwestu.edu or call us at our designated phone numbers.

Please watch this quick video: Click on this link and watch the video titled FAFSA overview in order to learn about FAFSA https://studentaid.ed.gov/sa/fafsa The Beginning Date for the Fall 2017 FAFSA Application is October 1st, 2016. The Priority Deadline for the Fall 2017 FAFSA application is December 1st, 2016. This means that 2015 tax information will be used for the 2017-2018 FAFSA Application.

Steps prior to applying FAFSA: Free Application for Federal Student Aid https://fafsa.ed.gov/ Northwest University 5520 108th Ave NE Kirkland, WA., 98083 Our School Code is: 00378300 Who is eligible: Valid Citizenship Social Security High School Diploma, GED, or completed homeschooling No Defaulted Loans

Process after applying University receives FAFSA Takes up to 3 business days after student files Contacts students if missing any documents Check Eagle email (Also known as NU email) Package financial aid Send Award Letter to student Student signs and returns Award Letter Aid disburses 3 weeks after the first of the term

What is my Status? * This is a preview of what determines a student’s status

Types of Financial Aid: No Need = interest accumulates right away https://studentaid.ed.gov/sa/types

Verification Process Randomly selected by Department of Education Can take up to 10-15 business days Must be completed prior to finalizing financial eligibility Aid will not disburse until this process is complete Possible documents that may be requested: Verification Worksheet Asset Confirmation Form Student’s 2015 Federal Tax Transcript Parent’s or Spouse’s 2015 Federal Tax Transcript Verification of Child Support Family Expense Worksheet

Award Letter and Estimate Must accept and return Award Letter Can change or decline amount provided If this happens then a new estimate will be sent to the student Estimate shows costs and anticipated aid Positive number = OUT OF POCKET Negative number = REFUND http://eagle.northwestu.edu/

Thank you To learn more about the overall process after financial aid please watch the CPP Financial Service Orientation video that is shown on this link: