Important Aid Updates
Federal student loan information available at NSLDS.ed.gov
Posted May 30, 2019
In June, current Mason students with federal education loans will be receiving an email from the Office of Student Financial Aid with a summary of their loan information. This information is also available to students anytime at the National Student Loan Data System for Students. Log in to this site with your FSA ID and password to retrieve your Federal loan information. (This is the same ID you use to complete your FAFSA.)
NEW FAFSA priority filling deadline – JANUARY 15
Posted July 16, 2018
The 2019-2020 FAFSA will be available on October 1, 2018, for the 2019-2020 academic year. For priority consideration of limited State and Institutional grant funds, students must submit their FASFA and all verification and other requested documents by January 15th each year.
Enrollment Freeze and Disbursement of Aid
Posted Januray 15, 2019
If you are eligible to receive financial aid, and have satisfied all of your financial aid requirements, your grant and loan funds (if applicable) disbursed approximately 10 days prior to the start of classes for the semester (students enrolled in graduate fully online programs offered in modules, see below*). After the “enrollment freeze date” (February 12, 2019 at midnight for spring 2019) the OSFA will verify your enrollment. If you increase or decrease your enrollment between the disbursement date and the enrollment freeze date, your financial aid will be adjusted accordingly to ensure that it is the appropriate amount for your enrollment. If you are issued a refund, then ADD credits or other charges to your account, you will owe money on your account and must pay this from the refund proceeds you received. Please note that if you are in a part of term course that begins later in the semester and you drop that course before it begins, your aid may be adjusted to reflect your reduced enrollment load at that time.
Students will have a full 22 days to finalize their enrollment schedule. Your enrollment will be locked at midnight on the 22nd day of the semester, and your final aid eligibility for the term will be reviewed. Your aid may be adjusted at that time. Any class you withdraw from beginning on the 23rd day will show up on your transcript as a “W” and the course will count as attempted credits when determining your Satisfactory Academic Progress. For a more complete explanation of this new policy, please visit this page on the Registrar website: https://registrar.gmu.edu/drop-withdrawal-deadlines-faqs/
*If you are a graduate student in a fully on-line program taught in 8 week modules, your aid disburses on day 5 of your first module
NEW Satisfactory Academic Progress (SAP) Policy
Posted July 16, 2018
Beginning with the 2018-19 academic year, new standards will be used when SAP is reviewed in the spring of 2019 and thereafter. Click here for more information.