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Student Finances
SAS Blog
Talk to Travis and Trevor
2012-2013 Federal Update
Dear Students and Parents: The 2012-13 academic year begins in just a few months. There are changes to the Federal Pell Grant and Federal Direct Loan programs that will become effective July 1, 2012, and that will impact you directly. We are bringing these changes to your attention so that you can plan accordingly for [...]
2012-2013 Verification Changes
Attention all federal financial aid recipients! The following information is very important, particularly to those returning students who have undergone the verification process and are accustomed to submitting tax returns. For the 2012-2013 academic year and onward, tax returns will not be an acceptable form of documentation where verification of your eligibility is concerned. Please [...]
Special Direct Consolidation Loan Information
On October 25, 2011, the Obama Administration announced several steps it is taking to increase college affordability by making it easier to manage student loan debt. Key initiatives include a “Pay As You Earn” repayment plan and a short-term consolidation opportunity that will be offered through the Department of Education (the Department) from January – [...]
11-12 Florida Aid Updates
Attention Florida students! The 2011-2012 Florida financial aid rates have now been published. They are as follows: Florida Resident Access Grant- $2,149 Florida Student Assistance Grant- $2,413 Bright Futures Academic/Medallion- $101/$76 per credit We will be revising award letters to include these new figures and will email notifications to you very soon. Also, please [...]
PLUS Applicants Take Caution
We would like to implore all Direct Parent PLUS Loan (PLUS) borrowers to exercise extreme caution when applying for the PLUS. If your social security number (SSN), date of birth or any other self-identifying information is not 100% accurate or your student’s SSN or any other information is not 100% accurate both on your PLUS Master Promissory [...]
What happens to Student Administative Services during the summer?
SAS During the Summer What happens to the team in Student Administrative Services at Lynn University during the summer? Very often students assume that we get to take 3 months off work. After all, what could we possibly do when all of the students are away? Surely we all go on extended vacations and get [...]
Recovering from Student Loan Default
Nine months of consecutive missed payments on your student loans constitutes default. If you’re thinking, “It’s no big deal, I’ll just declare bankruptcy” — think again. Student loans are not dismissed in bankruptcy; you will still owe the money, and the lenders can demand immediate payment in full. You have three options once you’re in default, [...]
Freshman Scholarship Announcement
We are pleased to announce a scholarship opportunity for low-income, first-generation freshman. This scholarship comes from an organization called the Center for Student Opportunity (CSO) out of Bethesda, Maryland. Because Lynn is a CSO partner, any first-generation college freshman enrolling into the class of 2015 (graduating high school class of 2011) may apply for the Opportunity Scholarship and [...]
Will working over summer affect your FAFSA eligibility?
As always we are asked some really great questions, and this one is one of them. Many students want to work over their summer vacation, and earn some spending money. The question is always “does this affect me earning financial aid”? Well as you may or may not know it is the application via the FAFSA [...]
How to Apply for a PLUS
Do you need to apply for a Direct PLUS Loan and are confused about the application process? Parents, here are the steps to applying for a PLUS Loan: Begin at www.studentloans.gov. Log in as yourself, using your own date of birth, social security number (SSN) and PIN- the same PIN you used to sign your son [...]
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