FINANCIAL AID NEWS
Beginning on October 1, 2016, the Department of Education made available the 2017/18 FAFSA.
Keep in mind that we cannot make an offer of aid until after the School of Public Health and Tropical Medicine has made an offer of admission to you AND you have input your Social Security Number into Tulane's Gibson Online system.
The Gibson Online portal is where you will need to provide Tulane with your Social Security Number. Once you are ACCEPTED by the Admission Department, you will be sent an e-mail giving you instructions on how to access Gibson Online, and thus, input your Social Security Number. Tulane University must have your Social Security Number in order to be able to download your Free Application of Federal Student Aid (FAFSA) from the Department of Education. Please do this step immediately.
If you would like to receive your Financial Aid Notification prior to April 14, 2017, then you should complete your 2017-18 FAFSA and your 2017-18 School of Public Health and Tropical Medicine Financial Aid Addendum preferably before March 15, 2017 to allow us ample time to complete all awards.
Since Tulane has a rolling admission policy, we continue to process admitted student aid throughout the year, so applications received after March 15, 2017 will be processed.
You are encouraged to have your 2017-18 FAFSA and your 2017-18 School of Public Health and Tropical Medicine Financial Aid Addendum completed by MARCH 31, 2017. Students planning on attending the summer session especially need to have their FAFSA's completed in March in order for your summer aid to arrive on time.
Congress has enacted the end of the Federal Perkins Loan program. No new students may be awarded a Perkins loan. Continuing students who were previously awarded a Perkins loan my continue to receive one, if they remain federally eligible. Here is the latest information.
On August 8, 2013, President Obama signed the Bipartisan Student Loan Certainty Act of 2013 into law. As a result, interest rates on Federal Student Loans will be adjusted each year.
2017-2018 ACADEMIC YEAR.
Interest rates for the Federal Direct Loans will be determined by the Department of Education by the first week of June 2017.
Interest rates for the federal education loans first disbursed on or after 07/01/16 and before 06/30/2017 will have a fixed interest rate for the life of the loan. The rates are as follows:
Federal Direct Unsubsidized Loan for Graduate Students: 5.31%
Federal Direct Graduate PLUS loan: 6.31%
For additional details, please refer to http://ifap.ed.gov/eannouncements/080913DirectLoanInterestRate2013t2014Eff070113.html
Direct Deposit is the fastest way to receive your financial aid living expense refund. In order to receive a Direct Deposit refund you will have to set it up in the Billing (Accounts Receivable) section of Gibson Online.
After school starts and your aid has credited and you see that you have a credit balance in Billing, then you need to request a refund on that site.
If you have any questions pertaining to billing and payments, please go to the Accounts Receivable web site as it is loaded with information, or you can phone them at 504-865-5368.
Per federal regulations, all first time William D. Ford Federal Direct Unsubsidized Loan borrowers and all first time Federal Direct Graduate PLUS loan borrowers must complete an Entrance Interview which acknowledges the borrower's rights and responsibilities under the Federal Direct Loan program. The entrance interview requirement must be completed on line at the Department of Education web site.
Additional information provided to the School of Public Health and Tropical Medicine's incoming students in Spring 2017 during our Financial Aid Orientation Session is available in a power point presentation.
Page last modified on January 12, 2017
Health Sciences Financial Aid, Tulane University, New Orleans, LA 70112 504-988-6135 firstname.lastname@example.org