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Ten Most Frequently Asked Financial Aid Questions
Financial aid consists of a variety of funds including grants, scholarships, loans and student employment. Most students receive a combination of funds, including grants and loans, to help pay their educational expenses. More information can be found at www.studentaid.gov.
The Free Application for Federal Student Aid (FAFSA) is the only application required to apply for federal student aid, so it is the necessary step you must take to determine if you qualify for financial assistance. It is available at www.fafsa.gov. Post University’s federal school code is 001401. Students should never have to pay to apply for any source of funding. Please allow 3 to 5 business days for the FAFSA to be processed. Post University Financial Aid staff are always available to assist you with this process and can be reached at 203-591-7102.
The U.S. Department of Education randomly selects students for a process known as verification which requires the student (and parent, if applicable) to supply additional information. Your Student Aid Report will indicate if your FAFSA has been selected for this process. Students can visit Net Partner, Post University’s financial aid portal, at http://finaid.post.edu to determine if there are any outstanding requirements.
Eligible students can expect most funds to be applied to their accounts beginning with the third week of the semester or mod provided they have completed all requirements. Students can visit Post University’s financial aid portal, at http://finaid.post.edu to determine if there are any outstanding requirements.
Students are awarded with the maximum amount of federal financial aid for which they are eligible. Post offers institutional grants and scholarships for those who qualify. Students are encouraged to research outside scholarship opportunities as well. Parents of Dependent students can apply for a Federal Parent PLUS loan. Alternative loans may also be considered as an additional funding source. Military students may be eligible for additional benefits.
Students are required to request Tuition Assistance prior to the start of a module. If Tuition Assistance is requested timely, Post University submits an invoice after the add/drop date of the module and payment from the specific branch of the Military can be expected. If a student does not receive Tuition Assistance it may have been requested after the required date.
Financial aid is disbursed based on a student’s enrollment status. Changes in enrollment may result in a reduction of the financial aid that has already been applied to a student’s account. This may increase a student’s account balance. Students are encouraged to contact the Financial Aid Office prior to making enrollment changes to determine how their aid may be affected.
Eligible students can expect to receive a refund if their funds exceed their charges and all required documents have been submitted. Refunds are generated beginning with the third week of the semester or mod. Your account information can be viewed at https://commerce.cashnet.com/postepay.
Yes, students can make payments online by visiting https://commerce.cashnet.com/postepay.
The financial aid you received may not have been enough to cover all of your educational expenses. The amount of federal aid you received was based on your financial aid eligibility and grade level. Check with the Financial Aid office to determine if you are eligible for other funding options.