The Financial Aid Process

The information below provides easy-to-follow steps to apply for financial aid. If you have any questions or concerns along the way, feel free to reach out to us anytime.

To qualify for federal financial aid, a student must:

  • Be a U.S. citizen or eligible non-citizen
  • Be registered with the Selective Service Administration (Males, ages 18 through 25, are required to register with Selective Service.)
  • Be formally admitted by the Undergraduate Admissions Office or the School of Graduate Studies by our priority date for maximum consideration of gift aid.
  • Complete the Free Application for Federal Student Aid (FAFSA) by our priority date.
  • Be enrolled each semester at a minimum of half-time status (6 credits for undergraduates and 4.5 credits for graduate students).
  • Be making Satisfactory Academic Progress (SAP).
  • Some aid sources are limited, so priority is given to incoming students who apply by March 15th and returning students who apply by February 15th.
  • Set up your FSA ID. This will be your signature for the FAFSA. You (and your parent, if you are a dependent student) will each need your own FSA ID. 
  • Complete each year’s FAFSA by the SCSU priority date of March 15th.  The FAFSA opens Oct. 1st  each year for the following academic year.
  • In the FAFSA application, click  "Link to IRS" to transfer your (and your parents’, if applicable) federal tax return information to the FAFSA. 
  • Enter the SCSU federal code 001406 to have your FAFSA data sent to the SCSU Financial Aid Office.
  • Sign the FAFSA using your FSA ID. If you are a dependent student, your parent must also sign the FAFSA using his/her own FSA ID.
  • Monitor your email for the Student Aid Report (SAR) that will be sent to you from Federal Student Aid.  The SAR will indicate errors or discrepancies that you must correct.  It will also let you know if your FAFSA has been selected for a process called verification.  One in three FAFSAs are randomly selected.  Students selected for verification must complete the process in order for the financial aid to be finalized and eligible for disbursement.
  • View your financial aid application status and award by logging into your SCSU student portal
  • Once you have received a financial aid award, review it in the portal and accept your aid. You may choose not to accept certain awards, such as loans, or you may accept less than the offered amount. Aid that has not been accepted will not be applied to your SCSU charges.
  • Contact the Financial Aid Office with questions about your award. (financialaid@southernct.edu or 203-392-5222)

To secure your spot as an undergraduate at SCSU be sure to accept the offer of admission by logging into the Admissions portal. Click the Reply to Offer button and submit the $200 non-refundable tuition deposit.  For questions about your application status, contact the Admissions office at 203-392-5644 or admissions@southernct.edu.

There is no deposit required for graduate or professional students, though they are still required to accept the offer of admission in the portal.

Make sure to respond to your financial aid offer by accepting or declining the aid offered to you.  

  • Your Banner Web username is automatically generated and is shown on your acceptance letter and financial aid award letter.
  • Your Banner Web initial password will be SCSU! followed by the two-digit month, day and year of your birthday (SCSU!mmddyy).
  • Go to https://login.southernct.edu and login using your username and password
  • Select Banner Web - Financial Aid - Award - Award for Aid year - Select Aid Year and click Submit
  • Select Accept Award Offer to view and accept your awards
  • Once you accept the aid, scroll down to view the requirements that must be completed in order for your financial aid to be processed.  Please note the loan requirements listed should not be completed until on or after May 1st.

The University also requires all individuals who receive federal financial aid to answer two questions as to the authorized use of the funds.

  • Go to Banner Web - Financial AidAwardAward for Aid Year - Select Resources/Additional Information
  • Answer the questions
  • Click Submit the Information (you will see the answers revert back to “None”)
  • To verify your answers, go to the General Information tab

First time borrowers must complete a Master Promissory Note (MPN) and Entrance Counseling (EC) before their loans can be processed. Please visit here for information about Direct Loans.

  • Go to http://studentaid.gov
  • Log in using your FSA ID
  • Select “Complete MPN” under the “Complete a Process” tab
    • Click the start button next to the MPN for your loan type
    • Complete all sections of the form, sign and submit
  • Click “Complete Entrance Counseling” under the “Complete a Process” tab
    • Select whether you are completing it as an undergraduate or graduate student
    • Answer all the questions and submit

If you have a balance due after your financial aid has been processed, there are a number of options available to help you pay for college.

PLUS Loans

The Direct Parent PLUS Loan for Undergraduate Students is a loan available to the parents of dependent students.  

  • The borrower must be a parent (biological, adoptive, or in some cases, a stepparent).
  • The U.S. Department of Education is the lender.
  • Credit approval is necessary to receive the loan.  Please refer to How to Apply for a Direct Plus Loan for instructions.
  • If the parent is denied the PLUS loan for any reason, they have the option of re-applying with an endorser (also known as cosigner) or appealing the decision.  If the PLUS loan remains denied, the student will automatically qualify for an additional Direct Unsubsidized Loan of up to $5,000 per year (depending on grade level) in the student’s name.

 

The Direct Graduate PLUS Loan is available to graduate or professional students enrolled in a degree seeking program.

Payment Plans

The Student Accounts Office offers several payment plan options.  You can learn more about these plans by visiting Payment Plans or by contacting Student Accounts at StudentAccounts@southernct.edu or 203-392-6140.

Alternative Loans

These private bank loans can provide education financing beyond Federal Direct Loans. Carefully research these loans by comparing interest rates, repayment options and other benefits.  You can check with any credit union or bank that offers educational loans or compare a number of options by going to https://www.elmselect.com/link/query?schoolId=759.