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Where can I apply for more scholarships?

To apply for additional scholarships at Florida Memorial University complete an online application located at https://www.fmuniv.edu/admissions/scholarships/clearancefunding-application/. Also complete the United Negro College Fund (UNCF) General Application located at https://scholarships.uncf.org.

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What is verification?

Verification is a process of confirming data supplied by the applicant and/or parents on the financial aid applications. Through the verification process discrepancies on students’ financial aid applications are resolved. If your application is selected for verification or if there are discrepancies on your aid application information, you will be required via e-mail, phone call or letter to submit specific forms/documents to the Office of Financial Aid. Aid funds cannot be disbursed to you until you have submitted all requested documents and the accuracy of your information has been checked. The review process can take three to four weeks or […]

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What other options do I have to fund my education?

Private/Alternative loans can help bridge the remaining gap from the awarded amount compared to the amount needed to meet the cost of attendance, Florida Memorial University also offers tuition payment plans which require monthly payments arrangements.

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What happens if there is a change in my family’s circumstances?

If you/your family have extenuating financial circumstances, check with your financial aid adviser to see if the changes might affect your financial aid application. Examples include: 1. Divorce of parents or you from your spouse 2. Death of a major wage earner 3. Loss of employment of a major wage earner 4. Loss of other income or benefits (such as child support)

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When will I receive my refund?

If you have accepted all awards and are not a first-time borrower (who must wait 30 days for loans to disburse) your financial aid will be disbursed the Monday after the add/drop period ENDS of every semester. When this disbursement creates a refund due to you it will be processed by the Student Accounts office seven (7) days after the credit occurs on your account. Please note that institutional aid in access of direct charges (which include tuition, fees, room & board) cannot result in a cash refund. Institutional aid can only cover up to the total of a student’s […]

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Cost of Attendance

– Family Contribution = Financial Need Cost of Attendance includes tuition/fees, books and supplies, housing, food, transportation, clothing maintenance, and personal items/health insurance. Expected Family Contribution consists of expected parental contribution and/or student contribution, depending upon the student’s classification (dependent or independent). The methodology used by the federal processor takes into account the family’s income and assets, employment costs, living expenses, taxes, family size, and the number of family members in college.

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How do I apply for Financial Aid?

To apply for financial aid, you will need to visit www.fafsa.ed.gov and complete a Free Application for Federal Student Aid (FAFSA). The information you provide on the application determines whether you qualify for federal and state grants and federal loans based on financial need. Also review the school’s website www.fmuniv.edu to determine if you need to complete and submit additional forms/documents.

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When should I apply for financial aid?

Submit a Free Application for Federal Student Aid(FAFSA) to apply for financial aid as soon as possible after Jan. 1, regardless of the date you begin college. Applications submitted on or before March 15 are given priority consideration for many types of aid. You must apply for financial aid each year.

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Do I need to reapply for financial assistance each year?

Yes! Every year you will need to submit a Free Application for Federal Student Aid (FAFSA) to apply for financial aid. Free Application for Federal Student Aid are available January 1 of year for the upcoming academic year.

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I am going to be married during the school year for which I am applying for financial aid. Can I file as married?

You must indicate your marital status as of the date you are completing the FAFSA application. You cannot update your FAFSA due to a change in your marital status. You may wait until you are married to file as married on your FAFSA.

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