Your Checklist to Financial Aid Success

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Your Checklist to Financial Aid Success

  • Send any additional documents we may request (verification worksheet, tax documents, etc.).
  • Understand the financial aid award and ask questions. Involve both the student and parents, if appropriate, in this discussion.
    • Understand what out-of-pocket cost means and calculate yours.
    • Research the options to cover the out-of-pocket cost: payment plan, outside scholarships, summer job, college savings account, or other loan opportunities.
  • Complete all the requirements to receive your student loans.
    • Complete entry counseling for the Federal Direct Loan at StudentLoan.gov. You will need your Dept. of Ed. P.I.N. (FAFSA personal identification number) to complete entry counseling for the loan. If you have forgotten you P.I.N., go to www.PIN.ed.gov. You must send electronic confirmation to BVU when you complete entry loan counseling via the web.
    • Complete the Federal Direct Loan Master Promissory Note by using your Dept. of Ed. P.I.N. Go to: StudentLoan.gov to complete the electronic MPN.
    • If you have been awarded a Perkins Loan, complete entry counseling for it at: mappingyourfuture.org. You must send electronic confirmation to BVU when you complete this process via the web.
  • Research availability of outside scholarship opportunities. You can use the BVU Office of Financial Assistance web page to locate some sources.
  • If the award includes a college work-study award, attend the job fair in August in Dows Conference Center.
  • After you have found employment through the job fair (only students eligible for work-study would be involved in the fair), pick up, complete, and return a work-study contract. The Office of Financial Assistance will create the contract for you.
  • Share your BVU Personal Authorization Number (P.A.N.) with anyone that should have access to your personal information. If your parents call with questions, they must know your P.A.N.
  • HAVE A GREAT SUMMER!