Financial
Aid Awards
Essential
Next Steps:
1.
Review the Financial Aid You Have Been Offered
Please
review your Award Notification along with detailed information
on our website at http://tars.rollins.edu/finaid/DetailedFAInfo.shtml
2.
First-Time Loan Recipients Must Complete Loan Promissory Notes
and Entrance Counseling
Complete
a Master Promissory Note at http://dlenote.ed.gov
and Entrance Counseling at https://www.dl.ed.gov
3.
Submit Copies of Your 2008 Federal Tax Returns (if you have
not done so already)
4.
Notify the Financial Aid Office of Any Outside Scholarships
Not Listed on Your Award Notification
5.
Review Your Financing Options, Including the Upcoming Billing
Schedule.
Use
the worksheet on the Financial
Aid and Billing document to estimate your balance due as
well as review your financing options. Also included are the
upcoming billing dates and comprehensive fee schedule.
6.
Complete the Title
IV Authorization Form
Rollins,
in compliance with federal regulations, must obtain the voluntary
permission from the student to apply Federal financial aid proceeds
to pay charges related to a prior term, future term or charges
other than tuition, fees, room and board on the student's account.
7.
Sign up for Direct
Deposit
If
you are eligible for a refund, one of the best ways to receive
a refund is by setting up direct deposit. Any eligible funds
are directly sent to your checking or savings account.
8.
Complete the Annual Statement of Financial Responsibility
9.
Monitor Your Rollins Email Account for Important Updates and
Changes
Email
is the official communication method at Rollins. This applies
to all areas of the college including changes to your financial
aid award as well as your student bill.
10.
Consider Setting Up an Authorized Payer
You
may set up another person to also receive billing notification
by Rollins along with our normal billing notice sent to your
Rollins email account. Most dependent students set up their
parent and most independent, married students set up their spouse
as an authorized payer. By doing so, the parent or spouse will
receive the bill and can make a payment on behalf of the student.
When you receive your bill, simply follow the attached instructions
and log into QuikPay. One of the menu options will "Authorized
Payers."
FREQUENTLY
ASKED QUESTIONS:
How
will I be notified
of important financial aid information?
Please
be aware that the Financial Aid Office may use electronic means
to communicate with you. It is your responsibility to keep your
Rollins' e-mail address current and to read messages that are
sent. It is also important that you keep your mailing address
and phone number current with records' officials. While school
is in session, all paper notifications will be sent to the campus
box, please check you campus box often.
How
is my need determined?
The
Free Application for Federal Student Aid (FAFSA) determines
your Expected Family Contribution (EFC). The EFC determines
your eligibility for need-based aid. Items that will affect
need-based aid eligibility from year-to-year include: dramatic
changes to income and/or assets, changes to the number of family
members in college, changes to the number of family members
residing in the household…etc.
Can
my award be increased?
The
Office of Admission determines scholarship eligibility based
on your academichistory. Need-based financial aid is awarded
based on uniformly applied policies designed to distribute available
resources in an equitable manner. These awards are not negotiable.
How
is dependency status determined on the FAFSA?
Step
3 of the FAFSA poses 13 questions to determine whether you are
dependent for financial aid purposes. If you answer “no” to
all, you are dependent. The questions address your age, marital
status, degree level, whether you have dependent children, emancipation,
guardianship, homelessness, and military status.
What
if I have unusual family circumstances?
We
recognize that the need analysis process does not always consider
every family situation. If your family has experienced an unusual
change in financial circumstances not considered on the Free
Application for Federal Student Aid, you may wish to request
consideration. To do this you should request a Need Analysis
Review Form from our office. Complete the form and return it
with the appropriate documentation. We will make every effort
to incorporate these circumstances into the need analysis calculation.
A review may only be conducted for circumstances that can be
documented.
What
other forms, in addition to the FAFSA will I need to complete?
The
other forms needed to finalize your financial aid are:
- Signed copy of your parents'
2008 income tax return
- Signed copy of your 2008 income
tax return
- Rollins
College Arts & Sciences Students' Financial Aid Application
for 2009-2010
- 2009-2010 Florida Resident Access
Grant application,
if applicable
Who
should I contact if I have questions about my financial aid
award?
The Financial
Aid Office has staff available to answer your questions from
8:30 am until 5:00 pm Monday through Friday. You may receive
general information and check on your status at any time. Please
refer to our website for more information and access financial
aid forms at http://www.rollins.edu/finaid.
If you need detailed advice or counseling, please schedule an
appointment with a financial aid officer. Our telephone number
is (407) 646-2395, or email us at finaid@rollins.edu.
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