All students enrolled in the Educational Development Program are eligible for up to five years of financial assistance. 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 to determine eligibility. Financial Aid cannot be awarded or distributed to eligible students without completion of the FAFSA. Detailed instructions on how to apply is available from SUNY Fredonia’s Office of Financial Aid. Follow the instructions listed under the heading “How to Apply."
Students may be eligible for the following programs:
EDP Financial Awards/Stipends
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 bill, 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. Some checks may be cashed at FSA - check here for clarification.
Hold on EDP stipends
Housing Deposit Waivers
Registration, Billing, and Payment
Although payment will be expected by the deadline date, courses WILL NOT be dropped for non-payment. The student will be billed again. 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.
Satisfactory Academic Progress and Program Pursuit
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 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 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.
SUNY Fredonia participates in the Federal Direct Stafford and Plus Loan Programs. The Financial Aid Office processes all Stafford and Parent loans directly through the U.S. Department of Education, not through individual banks. This eliminates much of the difficulty and misunderstanding in securing and eventually repaying loan funds. New, first time borrowers are required to sign a Master Promissory Note (MPN).
To complete your Direct Loan Master Promissory Note, 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
Returning Stafford Loan Borrowers
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.