Post University Online Financial Aid
Students applying for financial aid must already be accepted for admission to Post University Online. Those who have attended other colleges or universities will need to request their academic transcripts be sent to the Office of Admissions before they can be matriculated.
Students are eligible for financial aid if they take a minimum of six credits per enrollment period, which is 16 weeks and consists of two modules. Students should register in advance to avoid any revisions to financial aid because of enrollment status changes.
All financial aid documentation must be completed at least one week prior to the start of a module to secure financial aid and avoid any problems obtaining books. Accelerated Degree Program classes are offered in eight-week modules, starting six times per year. Click here for Module start dates information.
A vast majority of students today use some combination of the following to finance their education and day-to-day living expenses:
- Federal financial aid;
- Loans;
- Payment plans.
To develop the most comprehensive financing plan, taking advantage of all available resources, you should consider applying for all federal aid, grants, and loans. Our financial aid staff can deliver a financial aid award letter to you within seven to ten days after your submission of application forms. Financial aid commitments are made on a first come, first served basis.
When you submit your application for admission, it is important to indicate whether you intend to apply for financial aid. After the Admissions office receives your application, you will be contacted to initiate any financial aid application. Only accepted students, whose financial aid applications are complete, will be considered for financial aid awards.
To maintain awards, students must demonstrate satisfactory academic progress.
Applying for Financial Aid – How it Works
Once you submit your admission application, you will be advised to apply immediately for financial aid. Follow these steps to help you through the financial aid process:
Step 1: Apply for a PIN. Go to www.pin.ed.gov to establish a personal identification number (PIN). This will allow you to electronically sign your Free Applications for Financial Aid (FAFSA) once completed. The PIN is usually sent to you via email within four hours of your request.
Step 2: File your FAFSA – This application determines your eligibility for federal, state, and institutional aid; it must be completed every academic year. You may file your FAFSA online by visiting www.fafsa.ed.gov. You will need to list the Post University school code 001401 on the form to ensure we receive the data necessary to calculate your financial aid package.
NOTE: At minimum, students will need W-2 forms from all jobs held in the prior year in order to accurately complete the FAFSA.
Types of aid determined by your FAFSA include:
- Federal grant programs
- Federal student loan programs
- Low-interest options that are repaid after graduation
- Federal Stafford Loan
NOTE: Post University's eight-week online modules do not necessarily coincide with the beginning or end of a traditional 16-week semester, and online students may start at the beginning of any module. Please contact the Financial Aid Office at (203) 596-4519 or (203) 596-4517, or email Financial Aid FinAid@post.edu for help on filling out your FAFSA form.
Step 3: Review your Student Aid Report (SAR) – You will receive your SAR within seven to ten days after submitting your FAFSA electronically. Follow the instructions on the SAR to make corrections or updates. If you need assistance with your SAR, contact the Federal Student Aid Information Center at 1-800-4-FED-AID.
Step 4: Apply for Additional Funding – The following loan options may be available to Post University Online Students:
- Federal Plus Loans
- For parents of dependent undergraduate students
- For graduate or professional students
- For additional information, contact the Financial Aid office at (203) 596-4527
- Private Educational Loans
- Credit-based consumer loans used to pay educations-related expenses
- For additional information, contact the Financial Aid office at (203) 596-4527 or visit our Web site.
Step 5: Release your current financial aid – If you were awarded or received financial aid at another institution during the current academic year, you will need to contact the Student Aid office for instructions on how to cancel your aid at the other institution. For additional information, contact the Financial Aid office at (203) 596-4527
Step 6: Review your award letter – Post University will send you an award letter outlining the financial aid for which you qualify for the current academic year. Please review this letter and contact the Financial Aid office with any questions at (203) 596-4527.
Step 7: Sign your promissory note – If your financial aid award includes a Stafford Loan, and you choose to accept it, you will be required to sign a Master Promissory Note (MPN) concerning repayment of the loan. You will be able to sign the MPN online.
Step 8: Complete your entrance interview – Federal loan borrowers are required to complete an entrance interview. This can be done online at http://www.mapping-your-future.org. Exit counseling is also required upon graduation or withdrawal.
Step 9: Complete the verification process – Your FAFSA may be selected for data verification. This verification must be completed before financial aid funds can be disbursed. A letter with instructions and a form will be mailed to selected students. A verification worksheet can be downloaded here.
2009-2010 Dependent Verification Worksheet
2009-2010 Independent Verification Worksheet
2008-2009 Dependent Verification Worksheet
2008-2009 Independent Verification Worksheet
NOTE: IRS Forms and schedules may be requested if you are selected for verification.
Your financial aid tuition planner will advise and assist you with this process.
Once we receive the results of your FAFSA submission, our financial aid staff will send you an award letter outlining the financial plan options available to you.
Have questions? Please contact the office of financial aid directly at (203) 596-4527. |
