Starting May 10, 2015, the Federal Student Aid PIN used to electronically access personal information on Federal Student Aid websites will be replaced with a student created Federal Student Aid ID (FSA ID).  Students will create their FSA ID with a user-created username and password.

This replacement will improve security and the customer experience for our students.  For example, students will use their FSA ID to access information for FAFSA on the Web at: fafsa.ed.gov; NSLDS Student Access at: nslds.ed.gov; Federal Direct Loans at: studentloans.gov; Federal Student Aid at: studentaid.ed.gov; and the TEACH Grant website at: teach-ats.ed.gov.

The new FSA ID will replace the Federal Student Aid PIN that students and parents will use to authenticate their identity in order to access their federal student aid information. Students can create their FSA ID at: Create FSA ID.

 

 

Unusual Enrollment History

Posted By: by finaid

The U. S. Department of Education has established new regulations to prevent fraud and abuse in the Title IV student aid programs by identifying students with unusual enrollment history (UEH); especially when a student attends an institution long enough to receive a Title IV credit balance, leaves without completing the enrollment period, and then enrolls at another institution, repeating the pattern of remaining just long enough to collect a Title IV credit balance without earning any academic credit. Unusual enrollment history is defined as receiving federal aid funds at multiple institutions in a four year award period (2011-2012, 2012-2013, 2013-2014, 2014-2015). Such an enrollment history requires a review to determine whether there are valid reasons for the unusual enrollment history. This must be resolved before a student may be awarded financial aid.

If a student received a Pell Grant and/or Federal Direct Loan at the institution performing the review for these award years, no additional action is required.  However, if the institution has reason to believe that the student is one who remains enrolled just long enough to collect student aid funds, the institution must resolve any UEH issue(s).

If the student did not receive a Pell Grant/or Federal Direct Loan at the institution performing the review for the award years 2011-2012, 2012-2013, 2013-2014, and 2014-2015, the institution must determine if the student received academic credit at their institution or any other institutions the student attended during these award years.  Using the National Student Loan Data System (NSLDS), the institution must identify the institutions where the student received Pell Grant and/or Federal Direct Loan funding over the past four award years.  Also, the institution performing the review must obtain academic transcripts or grade reports for each previously institution the student attended whether or not academic credit (credit hours or clock hours) was earned.

No further action is required if the institution determines that the student earned any academic credits at institutions attended during the relevant award years unless the institution has other reasons to believe that the student is one who enrolls just to receive the credit balance.  If the student did not earn credit at a previous attended institution and, if applicable, at the institution performing the review, the institution must obtain documentation from the student explaining why the student failed to earn credit.

The institution must deny the student Title IV, HEA program assistance if the student did not earn academic credit at one or more of the relevant institutions and does not provide, to the financial aid administrator's satisfaction, an acceptable explanation and documentation of the unusual enrollment history.  The student must be provided with an opportunity to question and appeal the decision and the institution must provide the student with information regarding how the student may regain eligibility.

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.

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.

Summer 2015 and Intercession:  Students must register for 6 or more hours; complete the FAFSA for 2014-2015 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 2015 and/or Spring 2016:  Students must complete the 2015-2016 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 2015 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 2015, Spring 2016 and Summer 2016 term/s can complete their 2015-2016 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.

 

Pell Grant Recipients Notice

Posted By: by admin

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.

 

Students may have other options if the financial aid awarded will not cover educational expenses.

Contact your Academic Department (your area of study), the JSU Alumni and Constituency Relations, and the State of MS Financial Assistance Office for information regarding additional aid and scholarship opportunities; JSU Business Office for payment plans.

JSU Alumni and Constituency Relations
Apply at: http://www.jsums.edu/alumni/scholarships/

JSU Business Office
Payment Plan: (601) 979-2216

State of Mississippi Financial Assistance Office
Telephone: (601) 432-6997            Toll-Free: (800) 327-2980
http://riseupms.com/state-aid/
Email: sfa@mississippi.edu

If the financial aid you have been awarded will not cover all of the expenses for your education, you and/or your parent may want to consider the Direct PLUS Loan.

The 2015-2016 Parent PLUS Direct Loan requests may be completed at www.studentloans.gov.  Jackson State University does participate in the Parent PLUS Direct Loan Program; however this process may not be available until June 1st of each year.

Parent PLUS Direct Loans (Undergraduate Dependent Students Only)

Parent PLUS Direct Loans are low-interest credit-based loans for the parents of dependent students.  The lender is the U.S. Department of Education (DOE) rather than a bank or other financial institution.  Interest is charged during all periods.  All PLUS loan applicants must meet all general eligibility requirements for the Federal Student Aid programs.  You can find more information about these requirements in the Funding Education Beyond High School: The Guide to Federal Student Aid or by going to the Direct Loan Website at www.direct.ed.gov.

Application for the Parent PLUS Direct Loan, which includes a Master Promissory Note (MPN), may be made online at www.studentloans.gov.  A FAFSA for the student must be on file with the Financial Aid Office before a parent may apply.  A parent may borrow up to an amount equal to the cost of attendance less any other financial aid awarded to the student.

Once the application has been submitted to, acknowledged, and pre-approved by the Department of Education (DOE), the borrower (parent) must submit a Direct PLUS Loan Status Retrieval Form, a copy of their driver’s license or state identification card to the Financial Aid Office.   Applicants who have been pre-approved will have funds credited to the student’s account.  If the loan is denied, the borrower may resolve any incorrect information with the credit bureau and have Direct Loan reconsider the application or the borrower may have the loan resubmitted along with the endorsement of a co-signer.

If a parent is denied a Parent PLUS Direct Loan and decides not to resubmit for pre-approval, the student may be considered for an additional unsubsidized loan:

Freshmen and Sophomore students may qualify for up to $4,000 yearly.

Junior and Senior students may qualify for up to $5,000 yearly.

Direct Grad PLUS Loans (Graduate & Professional Students Only)

Direct Grad PLUS Loans are low-interest credit-based loans for the graduate students.  The lender is the U.S. Department of Education (DOE) rather than a bank or other financial institution.  Interest is charged during all periods.  All PLUS loan applicants must meet all general eligibility requirements for the Federal Student Aid programs.  You can find more information about these requirements in Funding Education Beyond High School: The Guide to Federal Student Aid or by going to the Direct Loan Website at www.direct.ed.gov.

Application for a Direct Grad PLUS Loan, which includes a Master Promissory Note (MPN), may be made online at www.studentloans.gov.  A FAFSA for the student must be on file with the Financial Aid Office before the student may apply.  The student may borrow up to an amount equal to the cost of attendance less any other financial aid awarded to the student.

Once the application has been submitted to, acknowledged and pre-approved by the Department of Education (DOE), the borrower will be awarded the Direct Grad PLUS Loan.  If the loan is denied, the borrower may resolve any incorrect information with the credit bureau and have Direct Loan reconsider the application or the borrower may have the loan resubmitted along with the endorsement of a co-signer.

The 2015-2016 Direct Graduate PLUS Loan requests may be completed at www.studentloans.gov .  Jackson State University does not participate in the Direct Graduate PLUS Loan Program; however this process may not be available until June 1st of each year.

Note:  You may still apply for 2014-2015 (Spring and Summer) through the end of the Summer session.