Financial Aid Checklist

Before you begin applying for financial aid, there are few basic requirements to consider:


  • You must be admitted into a degree-seeking program (Associate of Arts/Science, Bachelor of Arts/Science, or Masters Degree programs) or an eligible certificate program to receive any federal, state, or institutional financial aid.
  • You must submit your final high school transcript or equivalent qualification to receive any financial aid.
    Until we have received your final high-school transcript, your admission will be placed in a "pending" status.                       (Please see part II of the High School Completion Verification Form for more information.)
  • Students accepting federal student loans must be registered for a minimum of six (6) "financial aid eligible" credits as an undergraduate student, or a minimum of five graduate level, financial aid eligible credits as a graduate student.

For more details you can visit the UAA Admissions website or call (907) 786-1480.

Steps to Receiving Financial Aid

Click on the plus signs below to read each step
  • 1. Complete Your FAFSA
    • A Free Application for Federal Student Aid (FAFSA) will take under 30 minutes and is required to apply for all federal, state, and need-based institutional aid. For all State of Alaska grants and scholarships, your FAFSA must be submitted by June 30th prior to the beginning of the academic year.
    • List the UAA school code (011462) on the FAFSA, and we will automatically receive an electronic copy. UAA requires access to a current and valid FAFSA in order for us to process any of your financial aid.
    • Until the IRS reactivates the IRS Data Retrieval Tool (DRT) to transfer your tax information to your FAFSA, you will need to carefully transfer your tax information from your tax forms. 
    • You can verify whether we've received your FAFSA by checking your UAOnline account.
    • If you are selected for FAFSA Verification, you are required to complete a Verification Worksheet and other financial forms before any financial aid can be processed or disbursed. Refer to Step 3 to determine if you are required to submit additional documentation to our office. 
    • If you anticipate needing to borrow federal student loans as either a student or parent of a dependent student, don't forget to follow the instructions in "Step 7" of this checklist.
  • 2. Apply for UAA Scholarships
    • To apply for scholarships at UAA, you must submit the UAOnline Scholarship Application by February 15th before the start of the academic year for which you are applying.
    • Example: If you wish to apply for UAA Scholarships for Fall 2017 or Spring 2018, you must submit your UAOnline Scholarship Application by February 15, 2017. If you wish to receive UAA Scholarships for Fall 2016 or Spring 2017, the deadline has already passed.
    • Applications currently being submitted will be considered primarily for the 2017-2018 academic year. However, there are a few scholarships that accept applications all year long, so please consider applying even if the deadline has passed. Visit the UAA Scholarship website for further information or select the "How to Apply for UAA Scholarships" link provided.
  • 3. Monitor your financial aid status on UAOnline

    You are responsible for monitoring your Financial Aid status. Therefore it is important that you do the two following things:

    • Check your UAOnline "Financial Aid" tab frequently.
    • If you are required to submit additional documentation to our office, we encourage you do so as soon as possible, to prevent delay in awarding.  You may deliver documents in a variety of ways, refer to our Contact Us page for options.
    • Refer to our Frequently Asked Questions (FAQ) webpage if you have FAFSA questions related to "Verification", such as how to order an IRS Tax Return Transcript.
    • Check for notifications on your UAA student email account.

     

  • 4.  Monitor your UAA correspondence (email, mail, and UAOnline)

    The Office of Student Financial Assistance communicates with students primarily through their UAA student email accounts. New students will be sent one physical copy of their financial aid award letter in the mail, but all other correspondence will be sent electronically. It is therefore the student's responsibility to check their email account frequently.

    If you have designated a preferred email address, will we send all further financial aid messages to that account.

    If you would like a physical copy of further award letters, you can print one through your UAOnline account.

  • 5. Review your financial aid award letter
     
    • After we receive an electronic copy of your Free Application for Financial Student Aid (FAFSA), we will mail you a UAA Financial Aid Award Letter within a few weeks. All new students will be sent a physical letter in the mail. Returning students will be sent all further award letters through their preferred e-mail addresses only.

      Along with your Award Letter, you will find a copy of the Financial Aid Award Conditions. Please read through all of these documents carefully, because they contain important information about your financial aid.

  • 6. Accept or decline your award offers
      • Log in to UAOnline to accept or decline any of the offered awards. Federal Work Study awards may be accepted or declined; Federal DIrect student loans may be fully accepted, partially accepted, or declined. Note: this step must be completed or loan requests will not be processed.
      • If you qualify for the Pell Grant or other scholarships or grants, they will automatically be accepted for you as they are free money!
      • If you have any difficulty accepting your awards, please refer to our detailed instructions on how to accept your awards.
  • 7. Added Instructions for Federal Student and/or Parent Loan Borrowers

     If you intend to borrow federal student loans and you are a first time borrower, you must complete the following tasks at the Federal Student Aid - Student Loan website:

    1. Entrance Counseling: If you do not complete your required Entrance Counseling, this will delay your loan disbursements. To complete your Entrance Counseling, click here.
    2. Master Promissory Note (MPN): The MPN is an official, legal document in which you agree to certain terms, conditions, and repayment requirements of your federal student loan(s). Once you have completed an MPN, this agreement will also be applied to subsequent Federal Direct loans you decide to borrow in the next 10 years, so you only need to complete it the first time you are borrowing Federal Direct loans.  An MPN must be completed for each of the 3 types of Federal Direct loans including Subsidized/Unsubsidized, Graduate PLUS and Parent PLUS.  If you do not complete the MPN for the type of student loan you plan to borrow from, this will delay your Federal Direct loan disbursements.
        • To complete your MPN, click here.
            • Each MPN takes approximately 30 minutes to complete.
            • Make sure you allow enough time to complete the entire process in a single session. If you exit the web site before submitting your signed MPN, you will have to start the MPN over from the beginning.
    3. Federal PARENT PLUS Loan Borrowers:  Parents of dependent students who elect to take out a federal loan on behalf of a UAA student have an extra step to complete. The Parent PLUS Loan Request form offers a means to decline a PLUS award offer or it authorizes the UAA Student Financial Assistance Office to originate a Federal Direct Parent PLUS loan for a UAA student. If approved, the funds will be applied to the student’s UAA account and will be used to pay any outstanding tuition, housing or other qualified charges.  This form also allows the parent to inform UAA how to disburse any remaining loan credit balance, resulting from the PLUS loan deposit.

 

 Have Questions?

 After your UAA financial aid award letter is mailed to you, communications regarding your financial aid will come via your UAOnline account and your UAA email account. If you have any further questions 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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