How to Accept Your Financial Aid Award
Financial aid award letters are mailed to students once students are admitted into their program and a completed FAFSA has been received. If additional information is required of the student in order to complete such processes, such as Federal Verification or Proof of Citizenship, students will be informed by the Federal Processor and Concordia University. Once all requirements are met, it takes approximately three weeks for Concordia University to process your financial aid award and mail the award to you.
Now that you've Received your Financial Aid Award!
Accepting Federal Stafford Loans
Most of our students who have completed a FAFSA will qualify for a Federal Stafford loan.New Borrowers
If you have never borrowed a Stafford Loan at Concordia University, please complete the Stafford loan entrance counseling and sign your Stafford Master Promissory Note (MPN) by clicking Completing the Stafford loans
Previous Borrowers
If you have borrowed Stafford Loans in a previous year at Concordia University, your Stafford loan for the school year will be processed for the amount listed on your current award, unless you notify the financial aid office in writing that you would like to change this amount.
If you would like to adjust the Stafford loan amount, please submit an email to the financial aid office at finaid@csp.edu or by faxing the following form to (651) 603-6298: Requesting loan amount change
Note: It is a requirement that the loan amounts remain equal throughout the academic year.
Accepting Private Education Loans
If your tuition was not covered in full by Federal Stafford loans and Need-Based Grants, you will need pay the remainder out of pocket or apply for a Private Educational loan. There are many types of student loans, and it is important for you to choose the one that best meets your needs.Completing private loan application, counseling, selecting a lender, and signing a master promissory note.
Additional Financial Aid Forms
Federal Verification WorksheetIt is not required unless selected for verification after results of FAFSA are received. If you are selected for verification, you will also need to submit a SIGNED copy of your last income tax return (Federal Form 1040) to the Financial Aid Office. Dependent students must also submit a SIGNED copy of their parent's Federal income tax return.
- Verification Worksheet: 08-09 Academic Year (PDF)
Additional Outside Sources
Please notify the financial aid office of all external sources of aid, such as your home congregation, employee reimbursement, veteran's benefits etc. Fastweb is free site for a fast and comprehensive look at available scholarships. They will continue to notify you of new scholarships that meet your criteria. Collegeboard.com is another site to check for scholarships.
Questions?
B.E.A.R. Center
Business, Enrollment, Advising and Registration
Office: (651) 603-6300
Fax: (651) 603-6298
E-mail: bearcenter@csp.edu
