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Financial Aid FAQs

Financial Aid FAQs

Ursuline College Financial Aid FAQ

Welcome to Financial Aid FAQ! Below you can find a list of questions related to scholarships, paying for college, verification, etc. We hope this page is helpful to you, but if you have a question that is not listed here, please do not hesitate to contact the Student Service Center (440) 646-8309 or email studentservices@ursuline.edu.

Ursuline College Financial Aid FAQ

Welcome to Financial Aid FAQ! Below you can find a list of questions related to scholarships, paying for college, verification, etc. We hope this page is helpful to you, but if you have a question that is not listed here, please do not hesitate to contact the Student Service Center (440) 646-8309 or email studentservices@ursuline.edu.

Scholarship FAQ

Scholarship FAQ

Can my scholarships affect my eligibility for financial aid?

In some cases, yes:  

  • As we receive funds from additional scholarships, your eligibility for need-based financial aid may decrease.  
  • By law, financial aid cannot exceed a student’s cost of education.  
  • Cost of education does include an estimate for books, living expenses, and transportation and miscellaneous expenses.  
  • It is your responsibly to report all scholarship/fellowship/sponsorship assistance to the Financial Aid Office.  
  • We encourage you to report any additional assistance as soon as possible to avoid having to repay financial assistance at a later date.
What happens if I do not meet my scholarship's GPA or credit hours requirements?

Each scholarship has a specific set of requirements students are expected to meet in order to maintain the scholarship. However, some students may encounter a situation in which they do not meet the outlined requirements. For the following example, we will use a scholarship that requires students to maintain a 3.0 cumulative GPA and take at least 30 credit hours each academic year.

If you take less than 30 credit hours, Ursuline College will not revoke your scholarship completely unless you are not meeting GPA eligibility or any other specific scholarship requirements. If you take less than 30 credit hours, we will prorate the scholarship to match the credit hours you are registered for. 

If your cumulative GPA drops below a 3.0, we will prorate your scholarship based on your GPA until it goes below a 2.4. 

Does summer semester count toward my credit hour requirement?

Yes, summer semester courses do count toward your credits per year requirement for scholarships.

If I lose my scholarship by not meeting the GPA requirements, can it be reinstated?

Yes, your academic scholarship will be reinstated if you raise your GPA. We will also put it back up to the full amount if you take 30 credits again.

How do I go about finding outside scholarship to help fund my education?

You can access outside scholarship information here.

Payment Options FAQ

Payment Options FAQ

Does Ursuline have a Payment Plan?

Yes, we have a 5-month payment plan. There is a $25 fee per semester to sign up for the payment plan. This fee protects you from accruing any late charges on your outstanding balance over the course of the semester. You can access more information by clicking here.

What if my financial aid is not enough to cover my cost?

There are many different options for payment when your financial aid does not cover the cost of your tuition, fees, and room and board (if applicable). We recommend taking a look at the following pages, and scheduling a call with a financial aid counselor to discuss your concerns.

Tuition Payment Plans

Parent PLUS Loan Information for Undergraduate Students

Graduate PLUS Loan Information for Graduate Students

Can I get a book voucher to pay for my books?

If you have a credit balance on your account at the start of the semester and you do not plan on making any changes to your schedule for the current semester, you can receive funds for books beginning 10 days prior to the start of the semester 

A Book Voucher can be issued from the Student Service Center for you to use that day in the bookstore on campus. The amount of funds in which you do not use will be credited back to your account. The bookstore will only charge you for the amount you actually spend.

Applying for Financial Aid

Applying for Financial Aid

How do I apply for financial aid?

The first step in applying for federal and state financial aid is to complete and submit the Free Application for Federal Student Aid (FAFSA). For more information on how to apply for Financial Aid, please visit our “How to Apply” page or call the Student Service Center at 440-646-8309.

Why do I need an FSA ID and how do I apply for one?

Students and at least one parent are required to use an FSA ID Username and Password to access certain U.S. Department of Education websites.  You must first obtain this FSA ID Username and Password in order to electronically sign the FAFSA. You can apply by clicking the icon at the top of the FAFSA on the Web page or directly by clicking here.

Your FSA ID will not only give you access to your FAFSA information, but it will also allow you to make corrections on your application, sign student loan promissory notes, and view your federal loan history. Remember that the parent who will be signing the FAFSA and the student need to apply for an FSA ID and use them to electronically sign the FAFSA on the Web.

What is the federal school code for Ursuline College?

Ursuline’s FAFSA code is 003134.

Do I have to be admitted to Ursuline College before I submit the FAFSA?

No, you can submit the FAFSA any time after October 1st, even if you are not admitted yet. However, the financial aid office will not award you until you are admitted to the college.

I submitted the FAFSA last year. Why do I have to apply again this year?

Federal regulations require that all students submit a new FAFSA every year. The main reason is to verify that your eligibility for need-based aid has not changed.

Am I considered an independent or dependent student?

If you can answer ”yes” to ANY of the following questions, you are considered an independent student on the 2017-2018 Free Application for Federal Student Aid (FAFSA), and you generally will not need to provide your parents’ information.

However, if you can answer ”no” to  ALL of the following questions, you are considered a dependent student and must provide parental information on your FAFSA: 

  1. Were you born before January 1, 1994? 
  2. As of today are you married? 
  3. At the beginning of the 2017-2018 school year, will you be working on a master’s or doctorate program (such as an MA, MBA, MD, JD, PhD, EdD, or graduate certificate, etc.)? 
  4. Are you currently serving on active duty in the U.S. Armed Forces for purposes other than training? 
  5. Are you a veteran of the U.S. Armed Forces? 
  6. Do you now have or will you have children who will receive more than half of their support from you between July 1, 2017 and June 30, 2018? 
  7. Do you have dependents (other than your children or spouse) who live with you and who receive more than half of their support from you, now and through June 30, 2018? 
  8. At any time since you turned age 13, were both your parents deceased, were you in foster care or were you a dependent or ward of the court? 
  9. If you are not sure if you were in foster care, check with your state child welfare agency. You can find out the contact information for your state child welfare agency by visiting your state child welfare agency. 
  10. As determined by a court in your state of legal residence, are you or were you an emancipated minor? 
  11. Does someone other than your parent or stepparent have legal guardianship of you, as determined by a court in your state of legal residence? 
  12. At any time on or after July 1, 2016, did your high school or school district homeless liaison determine that you were an unaccompanied youth who was homeless or were self-supporting and at risk of being homeless? 
  13. At any time on or after July 1, 2016, did the director of an emergency shelter or transitional housing program funded by the U.S. Department of Housing and Urban Development determine that you were an unaccompanied youth who was homeless or were self-supporting and at risk of being homeless? 
  14. At any time on or after July 1, 2016, did the director of a runaway or homeless youth basic center or transitional living program determine that you were an unaccompanied youth who was homeless or were self-supporting and at risk of being homeless? 

If you have a special circumstance that prevents you from providing parental information, you may still be able to submit your FAFSA. However, your FAFSA will be considered incomplete. You must contact the financial office at your college and provide them with documentation to verify your situation.

What if I made a mistake on my FAFSA? How do I correct it?

Once your application has been processed, you can correct your FAFSA online (Making corrections online is the easiest and fastest option.)  You can make changes in one of the following ways: 

  • Make changes at  fafsa.gov: 
    • Click on the “Login” button and provide the information requested to get into your account. 
    • On the My FAFSA page, click “Make FAFSA Corrections.” 
    • Enter your FSA ID (username and password). 
    • Change your information. 
    • Submit your new information. 
How do I qualify for Work Study?

You can qualify for Work Study simply by indicating on your FAFSA that you are interested in it. If you are not awarded Work Study initially and are interested in working on campus through the Work Study program, please contact the Student Service Center

Verification

Verification

What is Verification?

The process used to confirm that the data reported on your FAFSA is accurate. The federal processor randomly selects 1 out of 3 (30%) of submitted FAFSAs for Verification. Also, Ursuline College may select students for Verification, if we find conflicting information. Make sure that your information is complete and consistent.

What is a Tax Return Transcript and how do I get one?

A Tax Return Transcript is a print-out of you processed tax information generated by the IRS. If you are selected for Verification and you did not use the IRS Data Retrieval Tool, you will be required to submit a Tax Return Transcript. To obtain a transcript click here.

Are you ready?

If you’re ready to see how you can change the world as an Ursuline student, begin your application below. Not ready to apply yet? Start learning more about Ursuline by requesting information or visiting today.

Apply Now