Alvernia University
Library & Technology

 

Frequently Asked Questions

What is Alvernia College's Title IV code for the FAFSA?

003233.

What is Alvernia's recommended filing date for applying for aid?

April 1.

Do I have to be accepted to Alvernia before I apply for financial aid?

No. You may apply before you are accepted, but you will not receive a financial aid package until you are accepted.

What do I do after I receive my financial aid package?

Read and respond! Call us with any questions, respond by the stated deadline and send your confirmation into the Admissions Office as soon as possible. We'll help you determine what the best combination of loans, grants and payment plan is for your family's circumstances.

Will I have to send my tax return to you?

Maybe. Keep a copy because 1 out of 3 students will have to send their tax returns to Financial Aid to complete a process called verification. The Federal processor randomly selects 33% of applications for verification.

What should I do if my or my family's financial circumstances change after I apply for aid?

Don't panic. Call the Financial Aid Office and we'll tell you what procedures to follow so we can help you obtain additional financial aid.

Do I have to apply for aid every year?

Yes. You must reapply each year.

How do I get my financial aid renewed? Must I make academic progress to keep my financial aid?

Yes! You must pass18 credits per year and maintain a minimum grade point average to keep receiving your financial aid. See the Financial Aid office for details.

I'm an out-of-state student, should I file a loan with an out-of-state bank?

No, we don't recommend it. If you file through a Pennsylvania bank, we can approve your loan quicker and keep track of your loan for you. You may also be eligible for discounts which out-of-state lenders don't have. Call us for a Preferred Lender List if you don't have a bank in mind.

Must I pay all at once?

No. Alvernia bills students one semester at a time and you are welcome to use our installment payment plan. For more information on our payment plan, contact the Cashier's Office at Alvernia College.

Is it worth my applying for aid through scholarship search firms?

Yes! But: Let the buyer beware. Look at what the firm is promising you and how much you have to pay for it (sources vs. actual dollars). Check out the following web sites for reputable scholarship searches.

http://www.fastweb.com
http://www.scholaraid.com
http://www.collegenet.com
http://www.am-blk-coll.com (minority students)
http://www.aauw.org (women)
http://www.iefa.org (international students)

 

Updated: November 2, 2006

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