Summer/Fall 2008 Eligibility
The Financial Aid Office corresponds with students exclusively through your ULM email account. You must respond to our notifications and requests for action so that we can continue to process your aid. You can review your application status and complete all financial aid requirements from the ARROW site.
Summer 2008 financial aid is available to students who meet all federal eligibility requirements and complete at 2007/08 FAFSA. Fall 2008 financial aid is available to students who meet all federal eligibility requirements and complete at 2008/09 FAFSA.
If you register for classes and apply for financial aid, and then decide NOT to attend ULM, you must notify the Registrar in writing that you want your course reservations cancelled OR go online to ARROW and complete the drop procedure. Failure to notify Registrar or drop online will make you responsible for the tuition bill.
DATES TO KNOW:
Adhering to the following requirements and dates will allow you to have your bill paid on time, and to receive your refund at the earliest opportunity.
Requirement On Time Completed Free Application for Federal Student Financial Aid (FAFSA), FAFSA on the Web: www.fafsa.ed.gov
Final deadline to file the 07/08 form is June 16, 2008.
Final deadline to file the 08/09 form is June 16, 2009.2007/08 form-
May 162008/09 form-
August 1Complete and return all materials requested by the ULM Financial Aid Office. Summer- May 30 Fall- August 1
Complete Master Promissory Note Summer- May 30 Fall- August 15
University Promissory Note for Perkins and Health Professions Loan Summer - n/a Fall- August 1
First Refunds Summer I Summer II Fall The first refunds of each term will be made on the following dates: June 13 July 18 August 29
Additional Requirements Date Final deadline to submit all completed ULM Financial aid application requirements to be processed for both 2008 Summer Sessions Summer- June 16
(no exceptions)Final deadline to submit financial aid appeals Summer- June 16 Fall- September 26
OTHER IMPORTANT FACTS:
If your financial aid award (s) does not show on your fee statement OR it does not cover the total balance due on your fee statement, you are responsible for payment of those fees by the fee payment deadline.
If you do not pay by the deadline, your course reservations will be cancelled.
If you stop attending your classes and do not officially resign from the University, your professors will be contacted to verify your last date of class attendance. Any student who is withdrawn from the University will have their tuition and aid recalculated according to the Federal policy. The student will be financially responsible to pay back any aid that remains unearned. To review this policy click here: http://finaid.ulm.edu/withdrawal.html
Delays in receipt of refunds may be experienced if a student does not have current Direct Deposit information on file. Paper checks must be mailed on or shortly after the disbursement date to the permanent address on file. You can review your permanent address on Arrow.
STUDENT REFUNDS
Student Refunds are obtained by Direct Deposit to the student's personal bank account or to a Hibernia Bank debit card. Complete the authorization form and return it to the University Bank (La Capitol Federal Credit Union).
