How To Claim Your Financial Aid Award
How To Claim Your Financial Aid Award
- Must complete your Financial Aid/Scholarship Authorization. All Financial Aid recipients must sign a financial aid authorization each semester to allow the Business Office to use their financial aid awards to assist in covering expenses. Signing the authorization must be signed each semester, even if you have a zero ($0) balance on your statement of account. Financial Aid recipients can electronically sign their financial aid authorization through the Banner Self Service software.
- If you are awarded the Federal Direct Stafford Loan/Federal Unsubsidized Stafford Loan:
- Must sign and complete the Loan Acceptance Agreement Form and return to the Office of Financial Aid.
- First time borrowers must complete the Entrance Counseling on the Internet -AND- electronically sign a Master Promissory Note (MPN) with the U.S. Department of Education. You must complete the online Entrance Counseling and E- sign a MPN before any loan disbursements can be made.
All students must be enrolled in at least six credit hours each semester to be considered for Federal Student Loans.
All Graduate students seeking a master’s degree must be enrolled in six credit hours of Graduate level courses.
Awards will be disbursed to student accounts in Banner, and then refunded based on the preference selected with Higher One.
- If you are awarded the Federal Perkins Loan:
- First time borrowers must complete Entrance counseling at the Financial Aid Office during scheduled times.
- Must sign your Promissory Note at the Financial Aid Office during specified times.
Awards will be disbursed to student accounts in Banner, and then refunded based on the preference you selected with Higher One.
- If you are awarded the Federal Pell Grant, FSEOG, LEAP and GO Grant:
- If you are awarded a Work-On-Campus job:
- First time Student Employees must complete New Hire paperwork with the Office of Student Employment. No student employee will be permitted to begin working, if this requirement has not been met.
- Your Work Authorization will be emailed to you, before the first day of class.
- Report to the specified department on the work assignment to arrange your work schedule.
Student employees must be enrolled in at least six credit hours, to work during the fall, spring or summer semesters.
Student Account InformationQuestions concerning fees or your bill should be addressed to the Cashier’s Office at (337)475-5098.
Financial Aid Refunds
The Administrative Accounting Office will process all financial aid awards that have been disbursed to your student account in Banner. If you have a credit balance, the Administrative Accounting Office will send your refund to Higher One for them to distribute to you. Higher One will refund credit balances according to the preference you have selected on the McNeese Choice Card website.
- Prospective Fall Graduates: If you are a prospective Fall graduate, your Federal Student Loan award will be prorated and your disbursement will be issued in two (2) disbursements during the semester you are graduating. Please refer to your disclosure statement to note your disbursement dates or contact the Office of Financial Aid. For a more detailed explanation and dates you may refer to the Financial Aid section in the registration class schedule.