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    2007 - 2008

    SUMMER OFFICE HOURS
    Summer hours begin May 5, and end August 15, 2008

    Monday - Thursday 8:00am - 4:30pm
    Friday 8:00am - Noon

    The office will be closed from 7:30am - 8:30am Wednesday, May 7th for a staff meeting.

    The Office of Financial Aid is located between the MLK Union and Old Main, in the east wing Student Services Building.

    Actual costs for the 2008-2009 school year have not yet been fully approved. Unofficial costs are posted.

    For Financial Aid purposes, an Academic Year is defined as 30 credit hours during a 30 week period. Financial aid disbursements are based on the hours you are attending.

    link to PAWS Financial Aid Information available on PAWS - Log on to find out the status of your financial aid file and your award information. Review your financial aid in PAWS often for changes in your financial aid due to hours revisions, and inclusion of other aid or resources. Only your original award letter, changes to your expected family contribution, and new offers of aid requiring signatures will be mailed to you.

    How To See If Your Financial Aid Has Disbursed

    1. Log into PAWS
    2. Click on "Student and Financial Aid"
    3. Click on "Financial Aid"
    4. Click on "Award"
    5. Click on "Award History"
    6. Disbursed amount will show in "Paid to date" column

    Federal School Code: 001674

    Federal Loan Exit Counseling Requirements

    All graduating students and students transferring or withdrawing who received Federal Stafford Direct Loans are required by the federal government to complete exit loan counseling. This can be completed on-line , or in the office by appointment.

    Hours Revisions

    In order for your aid to disburse your financial aid file must match the number of hours in which you are enrolled. All undergraduate students were packaged at 15 on campus hours and graduate students packaged at 12 on campus hours. If the hours do not match, you will need to complete the Status Change Form on-line or stop by the office to complete an hours revision form. Do not complete either form until you are officially enrolled in the courses. If you have any questions, please do not hesitate to contact our office. Click here to complete Status Change Form.

    Short Term Loan Interviews

    The first day for Fall 2007 short term loan interviews is September 6, 2007. Please be advised we do not perform short term loan interviews when classes are not in session or until after the first 10 days of the beginning of the Spring semester.

    Disbursement Schedule

    First disbursement for each semester occurs the Friday night after the semester begins.
    Provided your financial aid file is 100% complete, your aid will be disbursed to your student account. You can check the PAWS system to confirm that your aid has disbursed. If you have a refund, the Student Accounts Office is responsible for producing and distributing the refund checks. Refunds can be automatically deposited into your bank account. You may sign up for Electronic Fund Transfer (EFT) for account refunds at Student Accounts, Old Main.

    Common Reasons Aid does not disburse

    • Number of enrolled hours does not match the number of hours packaged for financial aid
    • Disbursement Authorization Form has not been returned to our office
    • Grade class reported on FAFSA does not match records
    • Attendance in Continuing Education courses must be verified
    • Selective Service Card not completed
    • Missing and/or incomplete Promissory Note for loan
    • Satisfactory Progress Requirements not satisfied
    • Entrance Counseling not completed for first time Federal Loan borrower

    Free Application for Federal Aid (FAFSA)

    Complete and submit a Free Application for Federal Student Aid (FAFSA) as soon as possible after January 1st of a students senior year of high school. For continuing college students a Renewal application must be completed as soon after January 1st prior to the upcoming academic year. List Eastern Illinois University (school code 001674) in the top 3 for the school choices. Our priority filing date is March 1st.

    We strongly encourage you to file the FAFSA or renewal FAFSA electronically because it is the fastest and easiest way to complete the FAFSA. The on-line FAFSA edits your data as it is entered, which prevents invalid responses from being submitted and it provides immediate feedback.

    Students and parents of dependent students may request a Personal Identification Number (PIN) which is used as an electronic signature. To request your pin, go to http://www.pin.ed.gov. Parents and students may request their PIN now in order to have it available when the FAFSA is completed.

    Looking For A Job??

    The Office of Financial Aid encourages you to browse our     on-line job opportunities.

    Student Health Insurance Waiver

    The deadline to apply for a waiver of Student Health Insurance fee for Summer 08 is June 16, 2008. Stop by the Office of Financial Aid, Student Health Insurance section to complete a Waiver Form (pdf). You must provide proof of better or equal coverage. If you have any questions, please contact our office @ 581-5290.

    Department of Education-Federal Direct Loan Information

    The Department of Education offers current and past student loan borrowers access to their loan account information. Students can review their loan account and even change their address using their pin number. They also provide up-to-date information regarding interest rate rebates and reductions. Log on and discover what they have to offer.

    Also check out Direct Loan Program repayment incentive benefits for student borrowers. For information regarding loan consolidation which could save you money, click here.

    Adobe Acrobat Reader/Power Point Viewer

    You will need Adobe Acrobat Reader to access on-line forms. If you do not already have Adobe Acrobat Reader, you can download it from the Adobe site.

    To view the Tour of Financial Aid, you will either need to have Microsoft PowerPoint installed on your machine, or you can download the PowerPoint Viewer from the Microsoft site.
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    Please e-mail Financial Aid for further assistance.
    East Wing, Student Services Bldg
    (217) 581-3713 phone
    (217) 581-6422 fax

    Last updated: May 5, 2008

    EIU Financial Aid

    600 Lincoln Avenue | Charleston, IL 61920-3099
    E-mail: webmaster@eiu.edu | Phone: (217) 581-5000 (0 on Campus)
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