If this occurs, the MD Office of Financial Aid is required to return the over-award amount to the highest interest bearing loan first, if applicable. The Office of Financial Aid will review any outside aid a student receives to determine if the total amount of aid received exceeds the maximum assigned financial aid cost of attendance (budget). Questions about merit scholarships should be directed to the Office of Admissions at What happens if I receive other resources from a corporation, parent’s employment, religious organization, NHSC, HPSP, etc.? Merit scholarships for incoming students are awarded by the MD Program Office of Admissions. How are merit scholarships awarded for incoming students? The packaging formula is a technique used to identfy and assess the components of an applicant's total family resources in order to determine, and then help meet, the cacluated need. ![]() Loans must be repaid with an interest charge and have a time limit for repayment. A scholarship is an achievement award which is usually based on academic grades, abilities, skills, class rank, etc. Please review the Application Procedures What is the difference between a grant, scholarship, and a loan?Ī grant is a gift and may be referred to as a scholarship on your eBill. Every student needs to reapply for aid every Academic Year. 20037 Will my Financial Aid be automatically renewed next year? Office of Financial Aid, GW SMHS, Ross Hall Room 106, 2300 I St. Canadian students may receive a small loan in their fourth-year to help cover the costs of residency interviews. The student has a valid social security number. The student has not defaulted on a Federal loan and does not owe a refund on any federal or state grant program. citizen or eligible non-citizen to qualify for financial aid. Students must be registered for classes, maintain academic satisfactory progress in a degree-granting program, and be either a U.S. At the GW MD Program, students may apply for all types of financial aid, though scholarships through the Office of Admissions and some endowed awards do not require additional application. It includes federal, private, and institutional loans, as well as institutional need-based grants and scholarships. The term Financial Aid is an overall term. I thought Financial Aid meant “Free Money”- Grants, Scholarships, money that I do not have to pay back? ![]() However, we recommend applying at least a month prior to the start of the semester. Students interested in obtaining federal student aid must apply no later then April 15, 2024. Students interested in institutional need-based aid should complete all required applications materials by the priority deadlines: March 1, 2023, for incoming students and May 1, 2023, for returning students. ![]() ![]() When are the Financial Aid priority deadlines for the 2023-2024 academic year? With an FSA ID you may perform the following tasks: electronically sign the FAFSA on the Web, Renewal FAFSA on the Web, or make FAFSA Corrections on the Web view the status and results of a processed FAFSA application on the FAFSA website electronically sign your Federal Direct Loan Master Promissory Note(s) access your Federal Student Financial Assistance Information. Your FSA ID identifies you as someone who has the right to access your own personal information on ED websites such as the Free Application for Federal Student Aid (FAFSA). MD Program Only FAFSA E00197 or Private Loans 001444-03 What is an FSA ID?Īn FSA ID is a username and password that you must use to log in to certain U.S.
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