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Office of Student Financial Assistance
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Step 1 Admissions
  • Make sure you are admitted into a Degree Seeking Program (Associate of Arts/Science, Bachelor of Arts/Science or Masters Degree programs) or an eligible Certificate program. (Click on the link to access the list).

  • You must be fully admitted before your financial aid can be fully processed. Students accepting student loans must be unconditionally admitted to a degree program and must be registered for six credits or more.

  • Send in your official FINAL transcripts from your high school and any college transcripts.

  • Send your SAT and ACT to UAA, or take the placement tests at the Advising and Testing Center (located at the University Center). For more information go to www.uaa.alaska.edu/advising.

  • Meet with the academic advisor for your program.

For more details please go to Admissions at www.uaa.alaska.edu/admissions or contact them at (907)786-1480.

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Step 2 Complete your FAFSA (Free Application for Financial Student Aid)
  • www.fafsa.ed.gov
  • Once you've completed the FAFSA, a Student Aid Report (SAR) will be sent to you by the U.S. Department of Education. If you have listed our school code (011462), we will also receive an electronic copy. A valid SAR must be on file with UAA in order to process your financial aid.
  • If you are selected for Verification, you are required to complete a Verification Worksheet and other financial forms before any financial aid can be processed or disbursed. Make sure you turn in ALL the required forms, if you don't it will cause processing delays. Make sure your UAA student ID number is on all copies of all documents you submit to the Financial Aid Office. Verification Information and forms

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Step 3 Review your financial aid award letter
  • Within a few weeks of UAA receiving an electronic copy of your FAFSA, you will receive an UAA Financial Aid Award Letter in the mail if you are a first time UAA student, or an electronic notification to your UAA email address if you are a returning student. Along with your Award Letter you will find a copy of the Financial Aid Award Conditions. READ through each carefully as there is important information about your financial aid, processes and requirements.

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Step 4 Complete online Loan Entrance Counseling

If you intend to take out a Federal Stafford Loans, first time borrowers and new students must complete Loan Entrance Counseling. Please be aware, if not completed this will delay your Stafford Loan disbursements.

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Step 5 Accept or decline financial aid awards
  • Follow the instructions on how to logon to UAonline (on your Award Letter or the link below). Decide whether you will accept the full amount, partial amounts or none of Federal and/or State loans offered to you.
  • This step must be completed or loan requests will not be processed. If you qualify for the Pell Grant or other scholarships or grant they will automatically be accepted for you as they are free money! Detailed instructions.
  • Detailed instructions on how to accept your awards

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Step 6 Complete and submit the Financial Aid Authorization Form
  • Financial Aid Authorization Form
  • This form also contains the Wolfcard authorization that allows you to put money received from your financial aid disbursement directly onto your Wolfcard. You may use your Wolfcard to purchase your books at the bookstore etc. For more information contact the Wolfcard office.

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Step 7 Select a lender and apply for the loan
  • The Financial Aid web page has a list of Lenders that other students have used; you may select the lender of your choice.
  • Complete an electronic application/Master Promissory Note (MPN) for each type of Loan Program (one for the Stafford loans, one for the PLUS, etc.). DO NOT do multiple applications with multiple lenders. Doing multiple applications will not get you more money, and we will not be able to tell who you want for a lender.
  • A Stafford Loan promissory note is usually good for 10 years, so you don't have to do one next year, unless you choose to change lenders or loan program, or attend a different university. The exception is if you have an Alternative Loan and you needed a co-signer. Check with your lender to be sure.
  • Instructions for applying for loans

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Step 8 Apply for an Alternative loan (optional)
  • If you need additional funds and have exhausted all other options, you may want to consider an alternative loan.
  • Compare lenders and then follow the instructions on the lenders website for completing the application.
  • The Alaska Supplement Loan is an example of an alternative loan.
  • Beginning fall of 2009 students will no longer be automatically packaged for Alaska Supplemental Loans. If you would like to take out an alternative loan, please fill out a Revision Request form and return it to the Office of Student Financial Assistance. In the student comment section please give the name of the lender, the amount of the loan, etc. Remember your combined resources (including grants, scholarships, tuition waivers, etc cannot exceed your budget.)

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Step 9 Apply for a Parent PLUS loan
  • Only undergraduate, dependent students are eligible.
  • Generally if you are eligible for a Parent PLUS loan you will be offered one. Refer to FAFSA web site for student dependency.
  • This loan is taken out by the student's parents on behalf of the student.

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Step 10 Monitor your financial aid status
  • You are responsible to monitor your status. Check your admission and financial aid status on UAonline frequently.
  • Check for notifications on your UAA student email account. After your award letter is mailed to you communications regarding your financial aid will come via your UAonline account and your UAA email account.
  • Federal regulations require all student loan borrowers to participate in exit loan counseling whenever you drop below half-time enrollment status, withdraw, or graduate.

If you have anymore question E-mail us at financial.aid@uaa.alaska.edu or contact the Office of Student Financial Assistance at (907)786-1480.

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Page Updated: 6/9/09  By:  Judy Papineau