After Submitting Your FAFSA
After submitting your FAFSA, the Department of Education will send you a Student Aid Report (SAR) in the mail. This report will give provides you with estimates of award eligibility and the opportunity to review your application for mistakes. If any errors have been made you can submit a correction at fafsa.ed.gov online.
Accept or Reject Awards on MyNIC
Once your financial aid application (FAFSA) and additional documents, if requested, have been received and processed you will be notified of a financial aid award which can be viewed on your MyNIC account. The award will reflect all federal, state and college offers of aid, including scholarships, grants, loans, and/or work study. If you accept a loan you will also need to complete a Master Promissory Note (MPN) and Loan Entrance Counseling at studentloans.gov online. Click here to visit our MPN and Entrance Counseling page.
You are not required to accept any or all aid offered on your award letter. Other aid, such as tuition waivers, Athletic Grant-in Aid, resident hall adviser compensation, and scholarships from organizations outside the college will be listed once NIC is notified about the award. Please contact the appropriate department or donor if your scholarships are not listed on the award letter.
Generally, NIC begins announcing awards in April. If your financial aid changes after you have received your award notification, either because of a change in eligibility, additional awards added, or per your request, a revised award will be posted on your MyNIC account.
Academic or professional departments make decisions concerning recipients for merit based scholarships throughout the year. Frequently, the awarding departments send separate notices to their scholarship recipients.
Once you have been awarded financial aid through the Financial Aid Office, you are required to indicate on your MyNIC account whether you want to accept, decline, or reduce the loans offered. NOTE: Grants are automatically accepted.