We care about helping you find money for school. Read below about our process for applying for financial aid. Once you read through the process, get started on applying by visiting our page on Applying for Financial Aid.
Financial Aid Application Process
- Student is accepted to SAU.
- Student completes a FAFSA entering SAU’s federal code of 002318.
- Student completes the verification process if notified he/she has been selected.
- The SAU Financial Aid Staff determines eligibility for institutional, state, and federal awards based on the rules that govern each program. Details of eligibility requirements and the selection process can be obtained by contacting the Financial Aid office. Institutional, state, and federal need-based awards are based on the information provided on the FAFSA and the resulting EFC (estimated family contribution).
- Additional information regarding specific programs may be found on the Applying for Financial Aid page.
- Financial aid is disbursed each semester via electronic posting to a student’s school account once eligibility is verified.
- Students are required to make satisfactory academic progress (SAP) to maintain financial aid eligibility each year. Details of the SAP policy are available from the Financial Aid office.
- Students must meet enrollment requirements applicable to each aid program from which they receive an award.
- Institutional awards — Typically full-time.
- State awards — half-time (awards will be pro-rated if less-than-full-time).
- Federal Direct and PLUS loans — half-time (awards will be pro-rated if less-than-full-time.
- Pell Grant – at least one-credit hour.
- Contact the Financial Aid office for enrollment requirements for other types of awards.
- Note that audit credits are not counted when determining aid eligibility or enrollment levels.
- Awards may be renewed based on the award requirements for each type of award.
Federal Student Financial Aid Penalties for Drug Law Violations
Students convicted of any drug offense during a period of enrollment for which the student was receiving Title IV, HEA program funds, under any federal or state law involving the possession or sale of illegal drugs will result in the loss of eligibility for any Title IV, HEA grant, or loan assistance.
Ready to start applying for financial aid? Go to our Applying for Financial Aid page.
Questions? Don’t hesitate to get in touch.
Find contact information for the Financial Aid Office here:
- Email a financial aid counselor: email@example.com
- Phone a financial aid counselor: 800.968.0011