We received your official Free Application for Federal Student Aid (FAFSA) results, and you have completed any additional requirements related to your FAFSA results. Your application will now be placed in line for award processing based on the date the federal processor calculated your Expected Family Contribution (EFC). Depending on application volume and seasonal variables, aid applicants generally receive an initial Financial Aid Notification (FAN) email within one to three months of the date FAFSA requirements are complete. You must return a signed copy of your FAN to accept your award.
Additional Requirements
All Federal student loan applicants must complete a Federal Direct Stafford loan Master Promissory Note (MPN). Loan applicants who did not borrow Federal Stafford Loans at LSUHSC during the 2009-10 aid year must also complete online Federal Direct Stafford Loan Entrance Counseling. For loan applicants who borrowed Federal Stafford Loans at LSUHSC for the 2009-10 aid year, the counseling session is recommended but not required. Visit our LSUHSC aid applicant instructions, "How to Apply for Academic Year 2010-2011", accessible from the web address noted below, for links to meet these requirements online.
Federal PLUS is a more expensive loan typically utilized by a relatively small number of our Graduate/Professional students who are unable to reach their budget limits via the Federal Stafford loan (primarily those in the Nurse Anesthetist program), and by some parents of undergraduate students classified as Dependent on their FAFSA results. Requirements for PLUS applicants mirror those of Federal Stafford applicants, except that parent borrowers seeking PLUS are not required to complete the online counseling session.
Your loans will not be finalized, originated or disbursed until you have completed the applicable MPN and counseling requirements.
Please be attentive to any other application requirements, which we may convey via Missing Information Letter (MIL) email notifications, and by stipulations noted on your FAN email.
For aid applicant instructions and links visit:
http://www.lsuhsc.edu/no/students/financialaid/apply_2010-2011.htm
Patrick J. Gorman