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Processing Your Financial Aid Offers

Processing Your Financial Aid Offers

To begin with, you will want to Check the Status of your Financial Aid Requirements.

Depending on the type of financial aid you are eligible for, a standard set of requirements may need to be met before the aid can be obtained. Follow these instructions to determine if you have any financial aid requirements that may be holding up the processing of your financial aid:

  1. Log in to the Secure area of BannerWeb
  2. Click Student Services & Financial Aid.
  3. Click Financial Aid then My Eligibility.
  4. Click Student Requirements and select the aid year under which you are inquiring.
  5. Click Submit. Respond promptly for any requests for information.

Then, view your Financial Aid Offers and Select which offers you would like to Accept or Decline.

Your electronic financial aid offer notice may contain offers of federal grants, loans and college work-study. Since grants and scholarships are "free" money they are automatically accepted through Banner. Federal loans and college work-study on the other hand require you to decide whether or not you want them. Note: Certain offers are subject to cancellation if not accepted within 30 days from date of offer. Follow these instructions and you will be able to accept, decline or accept partial amounts of these offers:

  1. Log in to the Secure area of BannerWeb
  2. Click Student Services & Financial Aid.
  3. Click Financial Aid then My Offer Information.
  4. Click Accept Offer by Aid Year and select the aid year under which you have applied. Click Submit.
  5. Follow instructions to accept or decline offers and click Submit Decision.

To learn more about the type of funds you have been offered visit our Understanding Your Financial Aid Offers page.

Finally, Apply for Loans if needed.

If you accepted federal student loans as part of your financial aid package, you may need to complete a Master Promissory Note (MPN) for each type of loan. Please read the instructions carefully and ONLY apply for loans you have accepted.

If your costs are not completely covered, you may want to consider a Federal Parent PLUS Loan (a loan for parents of dependent students) or a Private Alternative Loan.