Financial Aid Process for Students entering in August of 2013
Apply for Admission and K-State Scholarships
- Thursday, November 1, 2012 Students beginning their undergraduate academic career, in the fall term of 2013,
apply for admission to Kansas State University and scholarships by this priority date.
If students beginning their undergraduate academic career, in the fall term of 2013, have already applied for admission to Kansas State University but have not yet completed and submitted the K-State scholarship application, they should apply for K-State scholarships.
- Friday, February 1, 2013 Continuing and transferring K-State students apply for admission and scholarships
by this priority date.
If students transferring to Kansas State University, in the fall term of 2013, have already applied for admission but have not yet completed and submitted the K-State scholarship application, they should apply for K-State scholarships.
Apply for Federal Financial Aid
- Students and their parent(s) should submit federal tax returns as soon as possible
in order to meet the March 1st Free Application for Federal Student Aid (FAFSA) priority deadline.
- Sunday, February 24, 2013 Students receive professional assistance when completing the FAFSA and a chance to
win a scholarship at College Goal Sunday on this day.
- Friday, March 1, 2013 Students and their parent(s) complete and submit the FAFSA by this priority date in order to be considered for high need forms of federal financial assistance.
View Student Center in iSIS, Accept Financial Aid, and Apply for State of Kansas Scholarships
- Students should regularly check their K-State email account and their Student Center
- Students have the opportunity to grant access to individuals, such as parents, to view their financial information in iSIS.
- Students receive their financial aid award notifications by letter and/or email message.
- Students view financial aid information. Under Finances, click on View Financial Aid.Click on Aid Year 2014. Click on My Financial Aid Details. The Cost of Attendance information is displayed. Scroll up to display the additional tabs for the Anticipated Enrollment and Award Adjustment Reasons. Click on each tab to view additional financial aid information. Provide anticipated credit hours per academic term within the Anticipated Enrollment tab.
- Students accept their offered financial aid in iSIS. Navigate to Student Center. Under Finances, click on Accept/Decline Awards. Click
on 2014 Aid Year and follow the instructions in iSIS.
- Students complete their To Do List items in iSIS. Navigate to the Student Center. In the To Do List box on the right-side of the screen,
click on details for instructions.
- Students register for Wildcat Warm-up, orientation and enrollment.
- Wednesday, May 1, 2013 Students who are residents of Kansas apply for State of Kansas Scholarships by this priority date.
Complete Federal Direct Loan Applications, Entrance Counseling, and Master Promissory Note
- If students accepted a Federal Direct Loan and are first-time borrowers, they must
complete a loan entrance counseling session and a master promissory note.
- If parents decide to borrow a Federal Direct Parent PLUS Loan, they must apply for the loan, be approved for the loan, and complete a master promissory note.
View K-State Bill and Register for Credit Balance Refunds
- Students view their statement of account (bill) in iSIS, in July. Students will see two total amounts on the university bill. One amount
is their anticipated financial aid and the other amount is what they owe the university
for the academic term. If the amount of anticipated financial aid is more than the
amount they owe the university, then a credit balance refund is produced for the students
- Students and/or parents can register for an Electronic Funds Transfer (EFT) credit balance refund in order to have remaining financial aid directly deposited
into personal checking or savings accounts.
- Tuition and fees for waitlisted courses are not assessed until students are officially enrolled in the courses. The students could possibly receive a credit balance refund before all charges are assessed on the K-State bill. View important calendar dates and the schedule of when credit balance refunds are available to students and/or parents.
Bill Payment is Due by the First Day of the Fall Term of 2013.
- Students should contact our office if expecting other scholarships or financial aid
to arrive after the bill payment due date.
- Federal financial aid regulations require students to establish eligibility for the classes in which they are enrolled.
Financial Aid Information for Academic Year of 2013-2014
Academic Aid Year
- The 2013-14 FAFSA includes the fall term of 2013, the spring term of 2014, and the summer term of 2014. In iSIS, this will show as the Academic Aid Year of 2014.
- The OSFA verifies each student’s eligibility to receive financial aid. If the student meets the eligibility requirements, the
funds are approved to be applied to the student’s K-State account. Changes in enrollment
may affect financial aid eligibility and charges on the K-State bill. Students must
meet and maintain eligibility requirements for received financial aid.
- Students should review the drop and withdraw policy and contact both their academic advisor and financial aid advisor when considering dropping or withdrawing from courses.
- To report private scholarships (from sources other than K-State), navigate to Student Center in iSIS. Under Finances, click on Accept/Decline Awards. Click on the 2014 Aid Year and follow
- If students receive private scholarships for the 2013-2014 academic year, the scholarship donor should make the check(s) payable to Kansas State University and submit them to the OSFA. The student’s full name and Wildcat Identification Number should be on the check(s). If a donor gives the check directly to the student and it is payable to both the student and Kansas State University, the student must endorse the check before submitting it to the OSFA.
- Students selected for the federal verification process should read and understand the verification policy.
- Students and their parents are highly encouraged to utilize the IRS Data Retrieval Tool within the FAFSA.
- The federal verification process typically lasts two to three weeks from the time all documents are received. Students are unable to receive federal or state financial aid until the federal verification process is complete.
- The OSFA recognizes that situations occur which may affect a student’s eligibility for federal need-based financial aid. Through the use of professional judgment, financial aid advisors have the authority to make adjustments on a case-by-case basis to a student’s FAFSA. The student may submit a Professional Judgment Appeal Form if a significant change has occurred to the student's and/or parent's financial condition from the previous year.
Federal Direct Loans
- The Subsidized Loan is offered to students based on financial need. The federal government will pay
the borrower’s interest if the borrower is enrolled at least half-time. The Unsubsidized Loan does not require a student to demonstrate financial need. The student is responsible
for paying the interest that accrues on the loan from the time of disbursement. Students
begin repayment of the Subsidized and Unsubsidized Loan six months after graduating
or dropping below half-time enrollment status. View the annual loan limits.
- The Federal Direct Parent PLUS Loan is an educational loan for parents or step-parents of dependent undergraduate students who are enrolled in at least six credit hours per term. Students do not have to demonstrate financial need to be offered a Federal Direct Parent PLUS Loan as part of their financial aid package. However, parents or step-parents who apply for the Federal Direct Parent PLUS Loan must demonstrate a good credit history in the loan application process in order to borrow the loan. The borrower must successfully complete the loan application process before the Federal Direct Parent PLUS Loan is disbursed. The annual maximum loan amount is based on the student’s cost of attendance minus other financial aid received. Repayment begins 60 days after the final disbursement of the academic year.
Federal Work-Study Funding
- Federal Work-Study funding is designed to help students earn money by working on campus. Students earn Federal Work-Study funding through pay checks. The federal government pays 75% of the student’s wage through the Federal Work-Study funding while the campus employer pays 25% of the student’s wage. Students are responsible for finding and securing a job on campus. Students who receive Federal Work-Study funding may search for jobs at any office or department on campus or may view and apply for jobs through K-State Career and Employment Services.