Accepting your award letter
So I've received my Financial Aid Award. What do I do now?
- If your award is at an "Estimated" status or selected for verification, you must return all specified documentation or additional information to the Office of Financial Aid at Pacific University. You will receive a letter from Pacific University indicating the specific reason your award has been estimated and the required information necessary. Please submit all documentation just as soon as possible.
- If you are awarded a Federal Stafford Loan, you need to complete "entrance counseling" and sign a master promissory note before we can credit the loan to your student account.
- Sign you master promissory note
Stafford Loans: Beginning this fall, Pacific University will be participating in the Federal Family Education Loan Program (FFELP).New and returning Graduate/Professional students: Lender List
- Loan Entrance Counseling: We require confirmation that you have completed Loan Entrance Counseling before we will be able to disburse Federal loan funds to your student account.
- Sign you master promissory note
- Your Financial Aid Award Letter assumes you will be registered full-time. If you will not be registered full-time, you must inform the financial aid office immediately.
- If you receive any additional scholarships from other resources, you need to inform the Financial Aid Office immediately since these scholarships may affect your current award. If we have to remove anything from an award due to an outside scholarship, we always remove loans and work study awards before taking away gift aid. Keep in mind federal need based awards may not exceed the established need and total awards may not exceed the Cost of Attendance.
- After you register for courses, you will receive an invoice from the Business Office. The Business Office will show pending aid itemized on your invoice once it is awarded by the Office of Financial Aid. If you find you need additional funds you can apply for an alternative loan for an amount up to your remaining cost of attendance.
-
Graduate PLUS Loans or Private Alternative Loans are also available to assist students with meeting the costs associated with higher education. If you find you need additional funds you can apply for a PLUS loan or private alternative loan for an amount up to your remaining cost of attendance.
For a Grad Plus loan you must complete Grad Plus entrance counseling at http://mappingyourfuture.org/gpe - Financial aid funds will automatically disburse to a student's account. The funds will first pay any outstanding tuition, fees, or room & board charges. Any refunds will be available to students at the Business Office. You may contact the Business Office if you would like your refund check to be mailed. Otherwise, refund checks will be printed and available for students at the Student Accounts Office in Marsh Hall. http://www.pacificu.edu/offices/bo/
Business Office: 503.352.2128 or toll-free 1.877.PAC.UNIV ext 2128 - Due to federal privacy laws, once you are enrolled at Pacific University, we can talk to no one but the student about their financial aid unless the student grants us permission to do so. If you the student would like us to speak with your spouse, parents, scholarship donors, or other individuals please complete the Privacy Release Form, and return it to the Office of Financial Aid.
- Correspondence and Award Notification Materials are frequently mailed to a current student's campus University Center Mailbox or email account. Please check your campus mail or email account regularly for important financial aid notification.