Scholarship and financial aid process for students entering in August of 2015
2014 Fall Academic Term: Apply for private scholarships, K-State admission, scholarships, and housing
□ Students begin or continue to apply for outside funding and private scholarships.
□ Saturday, November 1, 2014 Students beginning their undergraduate academic career, in the 2015 fall academic term, apply for admission to Kansas State University and K-State scholarships by this priority date. The cost to apply is $30 for U.S.A. applicants and $80 for international applicants. The cost to apply to apply for admission is $30 ($80 for international applicants).
If students beginning their undergraduate academic career in the 2015 fall academic term 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.
□ High school students submit their ACT and/or SAT scores to Kansas State University, using the college code 1428 for the ACT and 6334 for the SAT on the test registration forms. Visit actstudent.org and sat.collegeboard.org or test locations, dates, and fees.
□ Students ask their high school registrar’s office to submit their official transcripts to the Kansas State University Office of Undergraduate Admission. High school transcripts must include the sixth semester grades and the senior year course schedule.
□ Monday, December 1, 2014 Students apply to live on the K-State campus by this application submission priority date. The cost to apply is $30, which is non-refundable. The cost to submit the contract is a down payment of $400, which is refundable up to June 1, 2015.
If students move in before the residence halls open or if they choose to live in a suite, these supplemental charges are not assessed with the initial contract. These supplemental charges are assessed and reflected in the next billing cycle following check-in and usually occur after financial aid is disbursed. Charges are prorated from the date of occupancy.
February, 2015: Apply for federal financial aid
□ Students and their parent(s) complete and submit their 2014 U.S. Income Tax Returns during the first week of February.
□ Sunday, March 1, 2015 Students and their parent(s) complete and submit the Free Application for Federal Student Aid (FAFSA) by this priority date. When completing the FAFSA, students and parents utilize the IRS Data Retrieval Tool or request a 2014 Tax Return Transcript.
April, 2015: View Student Center in iSIS and accept financial aid, register for Wildcat Warm-up, orientation, enrollment, and apply for State of Kansas scholarships
□ Students check their K-State email account and their Student Center in iSIS at least twice a week, from the time they are accepted as students of Kansas State University until one year after they graduate.
□ Students grant designated access to parent(s) to view their financial information in iSIS.
□ Students receive their financial aid award notifications by letter and/or email message.
□ Students view their information in the K-State Student Information System, iSIS. Sign into iSIS with the student eID and password. Once signed into iSIS, click on Student Center.
- Students view financial aid information. Under Finances, click on View Financial Aid.Click on Aid Year 2016. Click on My Financial Aid Details. The Cost of Attendance information is displayed. Click on the other tabs to view Anticipated Enrollment and Award Adjustment Reasons.
- Students provide anticipated credit hours per academic term in the Anticipated Enrollment tab, within My Financial Aid Details.
- Students accept their offered financial aid. Navigate to Student Center. Under Finances, click on Accept/Decline Awards. Click on 2016 Aid Year and follow the instructions.
- Students complete their To Do List items. 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. The cost for Wildcat Warm-up is $175. The cost for Orientation and Enrollment is $55 for a student, $20 for a student’s first guest, and $10 for each additional guest.
□ Friday, May 1, 2015 Students who are residents of Kansas apply for State of Kansas Scholarships by this priority date.
May, 2015: Submit final transcript, complete loan entrance counseling session, master promissory notes, and Federal Direct PLUS Loan application
□ Students ask their high school or transfer college registrar’s office to submit their official final transcripts to the Kansas State University Office of Admissions.
□ If students accept a Federal Direct subsidized and/or unsubsidized loan and are first-time borrowers, they must complete loan entrance counseling and a master promissory note.
□ If students accept a Federal Perkins loan, they must complete the Federal Perkins loan master promissory note process and provide four personal references with different addresses 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.
June, 2015: Attend Wildcat Warm-up, orientation, and enrollment
□ Students come to K-State to get enrolled into classes and learn more about K-State.
July, 2015: View K-State bill and sign up for direct deposit of financial aid
□ Students view their K-State bill in mid-July. Anticipated financial aid is on the K-State bill, in iSIS. Navigate to the Student Center. Under Finances, click on View Bills.
□ Students and/or parents sign up for direct deposit in order to have remaining financial aid directly deposited into personal checking or savings accounts.
August,2015: K-State bill payment is due by the first day of the 2014 fall academic term
□ Scholarships and/or financial aid is applied to students’ K-State bills before the fall academic term payment is due.
- If scholarships and/or financial aid remain after the bill is satisfied and the students and/or parents have signed up for direct deposit, the remaining scholarships and/or financial aid will be directly deposited into the students’ and/or parents’ personal checking or savings accounts.
- If students and/or parents did not to sign up for the direct deposit option, their paper check(s) may be picked up at 211 Anderson Hall, between from 8:00 A.M. to 4:30 P.M., during the first week of the academic term.
- Paper checks remaining at 4:30 P.M. on Thursday of the first week of the academic term will be mailed to the student’s local address (obtained from iSIS) or the parent’s address (obtained from the Federal Direct Parent PLUS Loan Master Promissory Note).
- Students use remaining scholarships and/or financial aid to purchase books and supplies as well as expenses incurred during the fall academic term. This same process will occur again right before the spring academic term.
- Tuition and fees for waitlisted courses are not assessed until the student is officially enrolled in the courses. The student could possibly receive an 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 parents.View important calendar dates and the schedule of when credit balance refunds are available to students and parents.
- Students should contact the Office of Student Financial Assistance (OSFA) if expecting other scholarships or financial aid to arrive after the K-State bill payment due date.
- Students are notified in writing each time the OSFA authorizes the disbursement for part of their loan money. This letter also provides information about how to cancel all or part of a loan disbursement if students decide that they no longer need the loan. Students also receive a notice from their loan servicer confirming the disbursement. Students should read and keep all correspondence received concerning their loans.
Scholarship and Financial Aid Information for Students Entering in August of 2015
Academic Aid Year
The 2015-2016 Free Application for Federal Student Aid (FAFSA) includes the 2015 fall academic term, the 2016 spring academic term, and the 2016 summer academic term.
- 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 bill. 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 contact both their academic adviser and financial aid adviser when considering dropping or withdrawing from courses and review the policy.
- 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 2016 Aid Year and follow the instructions.
- If students do not utilize iSIS to report private scholarships the very first time they accept/decline financial aid, they mush complete and submit the Private Scholarships Form to report outside funding and private scholarships (from sources other than K-State).
If students receive private scholarships for the 2015-2016 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. 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 to participate in the federal verification process should read and understand the verification policy.
- Students and their parents should utilize the IRS Data Retrieval Tool within the FAFSA.
- The federal verification process typically lasts two to three weeks from the time all requested 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 parents' financial condition from the previous year.
Federal Direct Loans
- There are two different Federal Direct Student 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 federal 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. Federal Work-Study funding is not disbursed into the student account at the beginning of each academic term like a loan, grant, or scholarship. Students earn Federal Work-Study funding through pay checks. 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.
Satisfactory Academic Progress
Federal financial aid regulations require Kansas State University, as an institution offering federal, Title IV, forms of student financial aid, to measure Satisfactory Academic Progress (SAP) of each attending student on a regular basis. SAP, as assessed by the OSFA, is separate and distinct from a student’s academic standing as determined by his or her college or academic department at Kansas State University. SAP is a method of measuring a student’s progress toward academic program completion. SAP is measured through the use of qualitative and quantitative tests. To be eligible for Title IV federal financial aid, a student must maintain satisfactory academic progress.