Spring Financial Aid
Spring Application Processing
2008-2009 Federal financial aid awards will not be offered until your admission and financial aid file is complete. We urge you to submit incomplete documents as soon as possible so your federal financial aid eligibility can be determined.
Missing the Preferred and/or Final deadline dates listed below means you will be responsible for payment of all educational related expenses (such as tuition, fees, books, and housing) by the published UALR payment deadlines.
Priority Deadline - November 1
Submitting your Free Application for Federal Student Aid (FAFSA) results to UALR by this date will enable you to be considered for maximum Campus-Based Financial Aid such as Supplemental Educational Opportunity Grant (SEOG) and Federal Work Study (FWS).
Preferred Deadline - December 1
The following items must be complete by this date in order to allow time for your financial aid award eligibility to be determined prior to the start of spring classes:
Your Free Application for Federal Student Aid (FAFSA) results must be received at UALR; and all required documents must be received by UALR; and you must be fully admitted.
If you do not meet this deadline, you may not learn about your financial aid eligibility until after February 1.
December 17, 2008 Early Payment Deadline, Spring 2009
If you have offered Spring aid of at least $100, you will not be required to make any payment by the December 17th deadline.
If you have not been offered Spring aid of at least $100, or if the amount of offered Spring aid is less than $100, you must pay the $100 deposit by 5:00 p.m. on December 17th, 2008, or your Spring registration will be cancelled.
January 9, 2009 Payment Deadline, Spring 2009
If you have accepted Spring aid that is equal to or greater than the total amount you owe UALR, you will not be required to make any payment by the January 11th deadline.
If you have not been offered Spring aid, or if the amount of accepted Spring aid is less than the amount you owe UALR, you must make payment arrangements by 5:00 p.m. on January 9, 2009 or you will be charged late fees.
General Eligibility Requirements
- Submitting a Spring application does not guarantee eligibility for Spring financial aid.
- Financial aid eligibility is determined on an academic-year basis.
- Students must be fully admitted to a degree program at UALR in order to receive financial aid funds.
- Students must make Satisfactory Academic Progress in order to receive financial aid funds.
- Students cannot be in default on a student loan or have borrowed in excess of student loan limits.
- UALR must have received valid results from the Free Application for Federal Student Aid (FAFSA) before we can determine Spring aid eligibility. To apply for Spring 2009, you must complete the 2008-2009 FAFSA. This application uses information from your 2007 federal tax return.
Apply on-line at www.fafsa.ed.gov
The deadline to file the 2008-2009 FAFSA is June 30, 2009. Note: UALR will not accept Spring 2009 financial aid applications after April 1, 2009.
You must have submitted all required documents (tax forms, verification worksheet, etc.) to UALR before your eligibility for Spring financial aid can be determined. You can review the status of your required documents at http://boss.ualr.edu.
You must be accepted for admission to UALR before your eligibility for Spring aid can be determined. You can review the status of your admission application at http://boss.ualr.edu
Additional financial assistance from any source will affect federal aid eligibility. Failure to report other sources of aid may result in the required repayment of federal financial aid funds.
Spring Disbursement of Funds
Federal Pell Grant funds will be paid based on the number of hours in which you are enrolled as of 4:00 p.m. on Friday, January 16, 2009, the end of the schedule adjust period for Spring 2009. If you drop classes or change your enrollment before that time, your Pell Grant award will be revised accordingly.
You cannot receive loan funds until you are enrolled in the minimum number of hours that are required.
All charges must be paid in full before any funds are released to the student. The amount of financial aid funds credited to your account must be greater than the charges due in order for change check to be created.
Spring Registration Requirements
You must be enrolled at least half-time in order to be eligible for a student loan.
Please note that all charges must be paid in full before any funds are released to the student.
If you change your Spring enrollment after submitting your application, you must notify the financial aid office immediately. Any change in enrollment could affect aid eligibility
How to Apply for Spring Aid
Complete the 2008-2009 Free Application for Federal Student Aid (FAFSA). This application uses information from your 2007 federal tax return, and is available at Free Application for Federal Student Aid (FAFSA). The preferred deadline to submit the 2008-2009 FAFSA for consideration for Spring 2009 financial aid is December 1, 2008. To verify whether UALR has received your FAFSA: http://boss.ualr.edu
Alternative Education Loans
Alternative loans are private sources of student financial assistance. Eligibility for the loan is based on the applicant’s credit rating. A co-signer may be required. Students may apply for an alternative loan if they
- do not qualify for federal finacial aid; or
- need additional financial aid resources to meet the cost of attendance.
Note: The total amount of aid received from all sources cannot exceed the student’s cost of attendance.
Graduate and Law School students should pursue a Federal GraduatePLUS loan instead of an alternative loan.