Financial Aid

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:

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 on SUNY Fredonia’s Office of Financial Aid Web Site www.Fredonia.edu/finaid. Follow the instructions listed under the heading “How to Apply”, located on the right hand side of the screen. 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.

Deferments
The college's Student Accounts Office does not grant deferments (credit based on expected aid). Students who do not have sufficient financial aid or other resources to pay their college charges by the stated deadline will be charged a late fee for re-billing. Late fees will continue to accrue until the bill is paid. EDP students who verify completion of the application process for expected aid can have the late fees waived by notifying the EDP director. Back to Top

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 mail 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 above 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.

Stafford Loan Application
Pre-printed Stafford load applications will be sent to students who complete the FAFSA. Students are encouraged to use the preferred lender institutions for faster processing of loans and refunds. Preferred lenders are Marine Midland Bank, Key Bank, Fleet Bank, and CitiBank. Applications are sent to you in June and should be completed and returned in the provided envelope. Your EDP counselor or a financial aid advisor can assist you in deciding the amount of the loan you need to request. Contact the Financial Aid Office if you do not receive the loan application by mid-July. They can provide you with the telephone number to call and request a duplicate form.

At Fredonia, the first step in applying 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 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.

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

Here's a list of the services EDP has to offer. Click on the link for details.

Financial Assistance