Financial Assistance
All students enrolled in the Educational Development Program are eligible for up to five years of financial assistance. The Free Application for Federal Student Aid (FAFSA) application must be filed each year to determine eligibility. Students may be eligible for the following programs:
- Tuition Assistance Program (TAP)
- Federal Pell Grant
- Federal College Work Study
- Supplemental Education Opportunity Grant (SEOG)
- Educational Opportunity Grant (EOP)
- Scholarships
- Federal Perkins Loan
- Stafford Loans
- Parent's (PLUS) Loan
- Alternative Loans
The financial aid process begins with the Free Application for Federal Student Aid (FAFSA). The FAFSA or a renewal application must be filed each year. Detailed instruction on how to apply is available from SUNY Fredonia’s Office of Financial Aid. Follow the instructions listed under the heading “How to Apply." Financial Aid cannot be awarded or distributed to eligible students without completion of the FAFSA.
Award Letters
Award letters are mailed to students who have successfully completed the FAFSA. Estimates of actual awards are listed on the letter and revised notices are sent when any changes are made. In order to receive your financial aid, you must accept your award. Go to the Financial Aid website as listed above and click on “Accept/Decline Aid” and follow the instructions.
Verification
A student may be selected for Verification. A verification worksheet will be sent and you must respond immediately and submit all requested documentation to the Financial Aid Office. Verification worksheets can also be downloaded from the Financial Aid website www.fredonia.edu/finaid/apply.asp.
EDP Financial Awards
The amount of EDP financial awards vary with each student and is determined by a student's need. Direct awards (cash stipends) are issued twice each semester to eligible students and are distributed at EDP General Meetings or can be obtained after the meetings in the EDP Office.
All or part of a student's EDP award may be used toward the payment of college charges. These deferred payments, the amount of which is determined after reviewing each student's billing form, are forwarded directly to the college's Student Accounts Office. Any student who is not eligible for a cash stipend must purchase books and supplies from his or her personal funds. In extenuating circumstances or when a cash flow problem exists, the student should contact the program director for assistance. Ineligibility for financial assistance from the Education Development Program does not preclude a student from taking advantage of program services or adhering to program rules, regulations and procedures. Back to Top
Hold on EDP stipends
Any student who does not adhere to program policies and guidelines will have a hold placed on his or her EDP stipend. Holds are released at the discretion of the EDP director on the recommendation of the student's counselor. Back to Top
Housing Deposit Waivers
If the student is enrolled in EDP, the student is eligible for a housing deposit waiver. During room selection, the housing card should be submitted to the Office of Residence Life at which time a request for the housing deposit waiver can be obtained.
Although payment will be expected by the deadline date, courses WILL NOT be dropped for non-payment. The student will be billed again with a $30 re-billing fee added. Only non-returning students, academic dismissals, and students remaining on the college HOLD list will have their courses dropped. Students must contact the Student Affairs Office (673-3271) if they are not returning.
Students who plan to m
ail register must forward their completed billing forms to the EDP office prior to the mail registration deadline. Authorized financial aid is pre-printed on your billing form and should match the aid posted on your most recent award notice. In the event that your total financial aid is less than your college charges, a check or money order in the appropriate amount must accompany the billing form. In-person registration is limited to those students who fail to course select.
Registration, Billing, and Payment
On line course registration is conducted each semester prior to leaving for summer and winter recess. Students must meet with their faculty advisor (if you have a declared major) or their EDP counselor (if you are a Liberal Arts student) to obtain their registration PIN and to be advised regarding course selection. Courses (and grades) are available via the Internet at www.fredonia.edu by clicking on Your Connection. Follow the instructions for web registration and for payment of college charges. The Office of Student Accounts will bill you for the courses selected.
Satisfactory Academic Progress and Program Pursuit
Federal and state regulations require that all financial aid recipients maintain program pursuit and make satisfactory academic progress. These standards can be obtained at the Office of Financial Aid. In order to receive any financial aid you must meet the established criteria as stated in the college catalog. If you do not maintain these standards in one semester, you will lose all financial aid for the next semester.
Your academic records will be reviewed at the end of each semester. If you do not meet the standards, your aid will be canceled for the next semester; therefore, when dropping or withdrawing from a course or withdrawing from school, you should examine this chart to determine if such action will result in the loss of aid and consult with your EDP counselor. To be eligible for full financial aid, students must be registered for 12 or more credit hours of new course work.
At Fredonia, the first step in applying for a Stafford loan is completion of the Free Application for Federal Student Aid (FAFSA) with Fredonia listed in the school release section. The Financial Aid Office will determine your eligibility for a Stafford Loan based on the information supplied on your FAFSA/RENEWAL FAFSA, the cost of attending SUNY Fredonia, at least half time enrollment status, and other aid awarded. Your Financial Aid Award Letter will serve as your guide for the maximum amount of Federal Stafford Loan that you are eligible to borrow for the academic year. You are required, however, to go to www.fredonia.edu via Your Connection and use the SUNY Fredonia PIN listed on your Financial Aid Award Letter to accept/decline/accept partial amounts of your federal Stafford Loan prior to your loan being certified. Your EDP counselor or a financial aid advisor can assist you in deciding the amount of the loan you need to request.
Beginning with the Summer 2010 term, SUNY Fredonia will be participating in the Federal Direct Stafford and Plus Loan Programs. The Financial Aid Office will be processing all Stafford and Parent loans directly through the U.S. Department of Education and no longer through individual banks. This will eliminate much of the difficulty and misunderstanding in securing and eventually repaying loan funds. All borrowers will be required to sign a Master Promissory Note (MPN).
It is critical that all students planning on borrowing a federal Direct Stafford Loan for the 2010-11 academic year (Summer 2010, Fall 2010, Spring 2011) complete a Master Promissory Note (MPN).
To complete your Direct Loan Master Promissory Note for the 2010-11 aid year, and to read more about the Direct Loan Program, please go to https://dlenote.ed.gov/empn/index.jsp. Use your Federal Aid PIN for the electronic signature.
First Time Stafford Loan Borrowers
The Federal Stafford Loan Electronic Master Promissory Note (e-MPN) will be available on-line from New York State Higher Education Services Corporation (NYSHESC). The Master Promissory Note is the only loan application you will need to complete for your Federal Subsidized/Unsubsidized Stafford Loan while you are enrolled at SUNY Fredonia. Expect to receive an insert with instructions to complete your e-MPN in June for the academic year. Your Federal PIN will serve as your electronic signature for your eMPN. If you don't have a Federal PIN go to www.pin.ed.gov to apply.
Returning Stafford Loan Borrowers
You will NOT receive a Federal Stafford Master Promissory Note!!! It is very important for you to remember that the Stafford Loan estimated amounts shown on your Financial Aid Award Letter indicate your maximum Stafford Loan eligibility.
IMPORTANT REMINDER: From Fredonia's homepage, you must: go to Your Connection; log in using your Fredonia ID and password; click on Student Services, Financial Aid, Residence Life; click on Financial Aid; click on My Award Information; click on Accept Award Offered by Aid Year; from the pull down menu select aid year and click submit. Options about the award are offered. You should accept/decline/accept partial amounts of your Federal Stafford Loan by the end of May prior to the fall semester.
Student Accounts
If you do not pay your college bill, you will, as a result, have a delinquent account with the college's Student Accounts Office . EDP students are responsible for paying their accounts and should contact the EDP director when extenuating circumstances prevail and/or additional financial support is needed. Students with delinquent accounts will not be allowed to register for succeeding semesters and will be unable to obtain future financial aid and academic transcripts. Back to Top