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Office
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FINANCIAL AID RECIPIENTS
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This information is meant only to provide you with an
overview of University policy and procedures. Complete official policies may be found in the University Bulletin and
supplements thereto.
All financial assistance amounts memoed on your Bursar
billing statement are tentative pending final validation by the Office of Student Financial Assistance.
Questions regarding eligibility of financial aid should be
directed to the Office of Student Financial Assistance at (860)768-4296.
FEDERAL STAFFORD and PLUS LOAN applications should be submitted to the
Office of Student Financial Assistance as early as possible. That office and your lending institution require
considerable time to determine your eligibility and process your paperwork. Funds are not credited to your account
until the University receives the loan proceeds from your lender and secures your endorsement, if required. You
must be in good academic standing and enrolled in at least 6 credits to sign your disbursement check. First time
borrowers must complete an entrance interview which can be done either on-line through
www.mapping-your-future.org
or by visiting the Student Administrative Services Center.
STATE SCHOLARSHIPS will be credited to your account as a memo credit
once Financial Aid receives the roster from your state and your file is verified, if applicable. A memo credit
will exempt you from default charges on the anticipated amount of the scholarship for each term, and the award
amount will be included in determining whether you have met your financial obligation to the
University.
PERKINS LOANS will be shown on your account as a memo credit until you
have signed a promissory note for the loan each year. You will be notified by the Loan Control Office as to the
date and time to sign the promissory note. Failure to sign your note according to the published schedule will
result in cancellation of your loan. Entrance/exit information.
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OUTSIDE AWARDS from private sources will not be applied to your
account until the funds from the awarding agency are received by the Student Administrative Services Center
(SASC). These awards need to abide by the University scheduled due dates or the unpaid balance may be subject to
default charges in accordance to University policy.
NOTE: Changes of program which result in a decrease in credit hours
may have an adverse effect on your financial assistance award. Certain forms of aid are reduced or eliminated if
your student status drops below full time. Questions regarding your award should be directed to the Office of
Student Financial Assistance, telephone number (860)768-4296. Financial assistance funds are applied on a
provisional basis, as some of the requirements for these funds may not have been met as of the time that we apply
credit to your account. You are responsible for the proper completion and timely submission of all documents
required to determine your eligibility for financial assistance. You are also responsible for any balance due
created by the delay or revocation of any form of financial assistance when the delay or revocation occurs due to
your failure to meet documentation requirements and/or deadlines. Financial assistance awards are subject to
cancellation if satisfactory academic progress is not maintained. If placed on probation, the student is
responsible for the payment of any balance created by the cancellation of part or all of the financial aid
package. Should you receive notification of the delay, denial or revocation of any form of financial assistance,
the Office of the Bursar should be contacted immediately so that the necessary notations may be made on your
account records. To alert us to such delays, please call your account representative at (860)768-4360, or visit
the Office of the Bursar during business hours (Monday through Friday 8:30 a.m. to
4:30 p.m.).
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