JSU 1877 jackson state university

Effective with the 2013-2014 award year, the U. S. Department of Education has established new regulations to prevent fraud and abuse in the Federal Pell Grant Program by identifying students with unusual enrollment histories. Unusual enrollment history is defined as receiving federal aid funds at multiple institutions in a three year period (2010-2011, 2011-2012 and 2012-2013). Such an enrollment history requires a review to determine whether there are valid reasons for the unusual enrollment history. This must be resolved before you are eligible for financial aid.

To resolve this issue all credits from previous institutions, including JSU if previously attended, must be evaluated. Please complete the Unusual Enrollment History (UEH) form and submit for review.

The Budget Control Act (BCA) of 2011 was signed into law on August 2, 2011.  This act makes two changes to the Federal Direct Stafford Loan Program.  Please see below:

Loss of Subsidized Loan Eligibility for Graduate and Professional Students

Effective for loans made for periods of enrollment (loan periods) beginning on or after July 1, 2012, graduate and professional students are no longer eligible to receive Federal Direct Subsidized Loans. The terms and conditions of Direct Subsidized Loans received by any student for loan periods beginning before July 1, 2012, for either graduate or undergraduate study, are not affected by this change.

The annual loan limit for graduate and professional students remains unchanged at $20,500 ($47,167 for certain health professions students), but this amount will now be limited to Direct Unsubsidized Loans.

The elimination of subsidized loan eligibility for graduate and professional students does not affect undergraduate student borrowers, who remain eligible to receive Direct Subsidized Loans.The aggregate loan limit for graduate and professional students remains unchanged at $138,500 ($224,000 for certain health professions students), not more than $65,500 of which may be in subsidized loans.

Also, the BCA clarifies that borrowers who are receiving Direct Loans for preparatory course work necessary for admission into either an undergraduate program or a graduate/professional program, or for course work required for teacher certification or recertification, remain eligible for Direct Subsidized Loans. Students enrolled in preparatory course work or course work required for teacher certification are considered undergraduate students for purposes of annual loan limits.

Termination of Direct Loan Borrower Repayment Incentives

With one exception as noted below, the BCA terminates the authority of the Department of Education (the Department) to offer any repayment incentives to Direct Loan borrowers to encourage on-time repayment of loans, including any reduction in the interest rate or origination fee, effective for loans first disbursed on or after July 1, 2012. As a result of this change, the up-front interest rebate that has been provided to Direct Loan borrowers at the time of their loan disbursement will no longer be offered on any Direct Loan Program loan with a first disbursement date that is on or after July 1, 2012.

The law continues to authorize the Department to offer interest rate reductions to Direct Loan borrowers who agree to have payments automatically electronically debited from a bank account.

Due to recent changes in federal regulations, our Standards for Satisfactory Academic Progress Policy (SAP) have been modified.  The new policy for measuring SAP standards was effective Fall, 2011.  Please visit our site under Forms to review the revised SAP Policy and Forms for Undergraduates and Graduates.

The 2013-2014 Direct PLUS Loan requests at studentloans.gov will not be available until May 1, 2013 for Jackson State University students and parents.  If you attempt to apply for a 2013-2014 Direct Plus at www.studentloans.gov  before May 1, 2013 a message will appear stating that Jackson State University does not participate in the Direct Plus Loan Program.  Please know that Jackson State University DOES participate in the Direct Plus and Direct Grad Loan Program; however this process will not be available until May 1, 2013.

Note:  You may still apply for 2012-2013 (Spring and Summer) through the end of the Summer term.

Beginning with the 2012-2013 award year, all federal income tax returns (only applies to students FAFSA’s selected for verification) must be requested from the Internal Revenue Service (IRS) by the student and/or parent(s).  Tax filers will need to request a tax transcript, free of charge, of their  tax return from the IRS either by telephone at 1-800-908-9946 or online at www.irs.gov.

The Satisfactory Academic Progress Policy has been changed effective Fall 2011.
Click here for updated versions of the forms.

Undergraduate
Standards For Satisfactory Academic Progress (ssap) for Undergraduates
Satisfactory Academic Progress Policy for Undergraduates

Graduate
Standards For Satisfactory Academic Progress (ssap) for Graduate Students
Satisfactory Academic Progress Policy for Graduate Students

Summer 2013 and Intercession:  Students must register for 6 or more hours; complete the FAFSA for 2012-2013 and be admitted as a regular student into a degree seeking program.  Undergraduate students must be enrolled in at least six undergraduate hours and graduate students must be enrolled in at least six graduate hours.  Awarding for the Summer will begin the first week in April for all eligible applicants.

It is critical that you are accurate with the number of hours you will enroll for the summer.  Undergraduates, we advise you to enroll for both sessions, at once, if you plan to attend both sessions.

Fall 2013 and/or Spring 2014:  Students must complete the 2013-2014 FAFSA and be admitted as a regular student into a degree seeking program.   Undergraduate students must be enrolled in at least six undergraduate hours and graduate students must be enrolled in at least six graduate hours.  Packaging awards for first time students will begin in April.  Packaging for Returning students will begin after final grades are posted for the Spring 2013 semester.

Students may access their JSU PAWS account for updates on their Financial Aid status at: JSU P.A.W.S:

-    Login using your User ID and Password

-    Click on Financial Aid to check the status of Missing Requirements, Academic Progress, Awards and Messages

Students who Accept a Direct Loan Award Offer must complete Direct Loan Entrance Counseling and a Direct Loan Master Promissory Note (MPN) at: https://studentloans.gov.  Students will need their FAFSA PIN to complete the Direct Loan Entrance Counseling and Direct Loan Master Promissory Note (MPN).  Students who do not have a federal PIN Number must apply for one at: www.PIN.ed.gov.

Note:  Students who received a direct loan disbursement at Jackson State University previously will not have to complete another Loan Entrance Counseling session or Master Promissory Note.

Students planning to enroll at JSU for the Fall 2013, Spring 2014 and Summer 2014 term/s can complete their 2013-2014 FAFSA now at:  www.fafsa.ed.gov.  Jackson State University’s priority deadline date is April 15th of each year.

Students who received a Stafford Loan, Direct Loan or Perkins Loan while attending JSU are required to complete a Loan EXIT Counseling session.  For Stafford and Direct Loan Exit Counseling log on to: Exit Counseling and complete the session.  For Perkins Loan borrowers please contact the Business Office at (601) 979-2216.

Congress is currently looking at several proposals which may affect the awarding and amounts of future Pell awards.  Please be advised that all federal financial aid awards are contingent upon Congressional funding.

Pell Grant Recipients attending less than full time in a term (fall, spring or summer); Pell payment will be based on the enrollment status for that term.  Full time enrollment is 12 or more undergraduate hours each enrollment term (fall, spring or summer).  Also all repeat hours are counted as attempted hours.  Passed hours may only be repeated ONCE for Title IV assistance.  Any changes to your hours may affect your Pell Payment.