Applying for Financial Aid
Financial aid can make the already affordable cost of attendance at Urshan College even easier on your pocketbook. In fact, if you use financial aid responsibly, you should be able to finish your degree without worrying about large education debts.
The financial aid application process is detailed in the steps below:
1. Complete the FAFSA online.
The Free Application for Federal Student Aid (FAFSA) is used to determine your student aid eligibility based on your personal and family situation. If you are a first-time user, you will be required to create an FSA ID.
There are two ways to complete the FAFSA form:
- Visit the http://fafsa.gov website.
- Use the myStudentAid app, which you can download from both the Apple App Store (iOS) and Google Play (Android).
When you complete the FAFSA, be sure to list Urshan College’s school code (Code: 042827)
2. Complete entrance counseling.
The loan interview assists the Financial Aid Office in determining the specific aid type and aid amounts you are requesting. The interview is required to be submitted every semester. Even if you are requesting “Pell Only”, completion of the loan interview is still required. This step is required to ensure you understand your borrower rights and responsibilities.
3. Complete the Master Promissory Note (MPN).
If you plan to use federal student loans, you will need to electronically complete and sign the MPN—a legal document that creates a contract between you and the lender to repay the loans. You will find the MPN at studentloans.gov.
4. Complete the Loan Interview
If you plan on using federal student subsidized/unsubsidized loans, you are required to complete a loan interview. Visit our Virtual Financial Aid Office to complete your loan interview. You will need to create a login. Please save that login since you will be completing a new loan interview once a semester. Virtual Financial Aid Office
Tip: Make sure there is no conflicting data between the FAFSA and loan interview.
5. Complete the financial aid process.
After completing the required steps, you will receive your personal My Financial Aid Plan through your student email address. After reviewing your Financial Aid Plan, you will be prompted to accept or change the recommended loan amounts. An award letter displaying your requested, or otherwise eligible, loan and grant amounts will be sent to your student email address. At that time, the financial aid process is complete and no further action is necessary.