00:00:00
Financial Aid Webinar
Adam Keyes
05:37:22 PM
Good evening everyone! Adam Keyes from the Dean of Students Office here again for tonight's webinar. I'll be helping moderate the presentation from Mary Ellen Severance, our Director of Financial Aid. You are welcome to ask questions here in the chat box. If there is anything you want us to cover but are feeling a little uncomfortable about us releasing your name as the one asking the question, no problem. Just note that by writing (Private) before your question. We will try to cover the topic without releasing it was you who asked the question. Also, if there is something very specific to you or your student's package, do take note of the contact information on the presentation and be sure to talk directly to a counselor in Financial Assistance.
Adam Keyes
06:01:46 PM
Hi all. Just giving a few more minutes for folks to log in.
Kaya Middleton-Grant
06:04:42 PM
Will this be recorded?
Adam Keyes
06:05:04 PM
Yes, we are recording. You won't see the typed questions and answers in the chat box but you will get audio and the slides.
Kaya Middleton-Grant
06:07:15 PM
We sent in our deposit but did not send in acceptance of financial aid package. Is this ok?
Adam Keyes
06:07:34 PM
It is. You will need to accept that package but Mary Ellen is about to cover the required forms.
Manraj Singh
06:14:15 PM
I haven't received the Award Acceptance Agreement Form. Can this be downloaded and then sent across or is the form sent by mail in physical form to be filled and then sent back?
Adam Keyes
06:15:00 PM
You should be able to see that form when you log in to your CUWeb account. If you have question's once you're logged in, call Financial Assistance and they can walk you through finding it.
Liam Tobin
06:15:11 PM
Our son sent his FA acceptance letter some time ago -would it appear received on the CU account page? Thanks
Adam Keyes
06:16:09 PM
The bills will be released to students and their third parties on June 5th. Students will see their aid applied if all required paperwork is in. If they see no add, they should contact Financial Assistance.
Shae Fitzpatrick
06:16:25 PM
If a student accepts work study money and ends up mot working, what happens with that award money?
Adam Keyes
06:16:58 PM
The work study allotment is paid to students on an hourly rate. Unused hours do not get applied to the account or paid to the student.
Manraj Singh
06:17:54 PM
Does the Award Acceptance agreement form need to filled and sent by email or a physically accepted copy needs to be couriered to the Univ?
Adam Keyes
06:18:01 PM
It needs to be signed and mailed.
Naveed Sattar
06:20:30 PM
I signed the Award Acceptance Form, scanned and emailed it to the financial aid office. The reply email said the files were added to my file. Do I still need to mail it?
Adam Keyes
06:20:51 PM
No, that sounds like they have taken it signed, via email. You're all set.
Adam Keyes
06:21:20 PM
The email on this slide is a bit light. It is: Finaid@clarku.edu
Kaya Middleton-Grant
06:23:27 PM
If student receives external scholarship, how o communicate this to Clark for billing?
Adam Keyes
06:24:16 PM
Being answered now. Students/families should send the letter awarding an outside scholarship to Financial Aid.
Andy Acevedo
06:24:26 PM
Does a resident students need to pay fee for commuter expenses?
Adam Keyes
06:25:06 PM
I'm not sure what that means. There is no "commuter fee" applied to a student account. If that is being covered in the expense planner, it is likely to have you budget in any commuting you do.
Manraj Singh
06:27:39 PM
I would suspect that the first bill for the fall semester would be generated next month. In the absence of the Accepted Award Agreement duly signed, the bill generated will not deduct the Award amount for that semester? What would one do in that scenario though all attempts would be made to send this by mail pronto else this can be scanned and emailed which would be the fastest.
Kaya Middleton-Grant
06:28:32 PM
Does Clark submit loan applications that were listed in FA letter?
Adam Keyes
06:28:58 PM
Student Accounts will assist you with getting the right payment set up, even without having the signed form in. That said, it's not a guarantee until you've gotten the forms in. That said, Student Accounts can see what you should be seeing and can advise you properly.
Kaya Middleton-Grant
06:31:58 PM
Does Clark offer financial literacy workshops?
Kaya Middleton-Grant
06:31:58 PM
Can Clark offer resources for additional loans?
Adam Keyes
06:32:47 PM
some good resources offered here: https://www.clarku.edu/offices/financial-aid/current-undergraduate-students/
Naveed Sattar
06:35:24 PM
Do federal direct stafford loans charge interest?
Shae Fitzpatrick
06:35:37 PM
When will the plus loan be available to apply for?
Adam Keyes
06:35:58 PM
The PLUS loan should be available to apply for now.
Kaya Middleton-Grant
06:38:38 PM
Are Pell grants given through Clark FA letter or separately?
Adam Keyes
06:38:52 PM
One would see that on their specific award letter.