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School of Social Work


FINANCIAL AID NEWS
for
  Social Work Students

 



HOW TO APPLY FOR FINANCIAL AID

          1.  In order to receive federal loans for the 2017/18 academic year, after October 1, 2016, students must complete a 2017-2018 FAFSA
               (https://fafsa.ed.gov/).


          2.  INCOMING Students:  To assist us in awarding your aid, we ask that you also complete a 2017-2018 Graduate Addendum.

3.  CONTINUING Students:  To assist us in awarding your aid, we ask that you also complete a 2017 Summer Health Sciences Financial Addendum.



INCOMING AND CONTINUING STUDENTS 2017-2018 APPLICATION TIME FRAMES


INCOMING STUDENTS:

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 Social Work has made an offer of admission to you.  Since Tulane School of Social Work has a rolling admission policy, as students are admitted and complete financial aid applications, we will continuously make offers of aid. 

CONTINUING STUDENTS:

You are encouraged to have your 2017-18 FAFSA and your 2017 Summer Health Sciences Addendum completed by April 1, 2017. It is especially important that rising second year students have their FAFSA's completed by April 1st  in order for your aid to arrive on time in May.
 

 

VIEW MY FINANCIAL AID ONLINE

Incoming students, you will be able to access the financial aid section of Gibson Online after they are accepted by the school.  
Students may view their financial aid information online at Gibson Online.
For an example of site navigation, click here.
For directions on accepting an award, click here.

 

Information  ONLY for PART TIME SECOND Year Students Regarding applying for Summer Financial Aid

PART TIME second year Social Work students who want summer aid will need to apply for summer aid via a 2017 Summer Health Sciences Addendum.

For more information about summer aid for 2017, we are conducting a Financial Aid Summer Workshop in March, but the date and location is not yet determined. The purpose of this workshop is to explain the summer financial aid process, which is a bit different than the fall and spring semesters.  In order to receive your aid in a timely manner, we recommend that it be turned in by March 1, 2016.  However, the deadline for turning in the Summer Addendum is June 16, 2017.

A copy of the Power Point used at last year's Summer Workshop is available for your review.



FEDERAL PERKINS LOAN CHANGES

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.




FINANCIAL AID NEWS: FEDERAL STUDENT LOAN INTEREST RATE CHANGES


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 Department of Education loans first disbursed on or after 07/01/2017 and on or before 06/30/2018 will have a fixed interest rate for the life of the loan.  The interest rates are as follows:

Federal Direct Unsubsidized Loan for graduate students:  6:00%

Federal Direct Graduate PLUS loan: 7:00%

2016 - 2017 ACADEMIC YEAR

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


 

REFUND DISBURSEMENT VIA DIRECT DEPOSIT

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 you see that you have a credit balance in the Billing (Accounts Receivable) section of Gibson Online, then on this site you should request a refund.

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.

 

ENTRANCE COUNSELING

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.



 



 

Page last modified on May 16, 2017 

Health Sciences Financial Aid, Tulane University, New Orleans, LA 70112 504-988-6135 dfasull@tulane.edu