Your Award NoticeYou should receive an award notice from the Financial Aid Office in your Seminary mailbox. Your award notice may include federal grants (which do not require repayment), Direct Loans (which require repayment), and scholarships (institutional awards from the Seminary).
Your Award Package may also include Federal Work-study. Work-study requires you to be at work and receive a pay check for the hours employed.
Adjustments to your Financial Aid AwardThe Office of Student Financial Aid makes every effort to provide you with a timely and accurate refund after all Seminary tuition, fees, and other negotiated commitments (i.e., housing, etc.) are satisfied. The Seminary has up to fourteen (14) business days to process your refund.
New StudentsPrior to disbursement of a Federal Direct Loan to a first time borrower:
- You must complete an Entrance Counseling Session;
- You must electronically sign a Master Promissory Note;
- You must be in attendance for at least thirty (30) days from the first date of the semester at New Life Theological Seminary.