Financial Aid Verification

Florida National University has developed the following Policies and Procedures regarding verification of information provided by applicants for federal student aid funds under the Title IV Programs:

1. Only those students who are selected for verification by the U.S. Department of Education will be required to submit supporting documentation.
2. No Title IV (Pell, Direct Loan or Campus Based) program funds will be disbursed prior to the completion of verification.
3. Students must complete verification by the earlier of (i) 120 days after their last day of attendance, (ii) 120 days after the end of the academic year, or (iii) the annual deadline announced by the U.S. Department of Education (for award year 2019-2020, this deadline is September 19, 2020). However, in the interim, the student must have made arrangements with FNU for payment of all tuition and fees. If the student fails to complete verification within the required time frame, no Title IV funds will be made available to the student and the student will be responsible for the balance of any institutional charges.
4. All students will be notified by email on a timely basis if they have been selected for verification, and the supporting documentation that is required. The institution will use as its reference, the most recent verification guide supplied by the U.S. Department of Education. At that time, the student will be informed of the time parameters and the consequences of not completing the verification cycle. The institution will notify the student by email of the results of verification and any other documentation needed. The institution will assist the student in correcting any information that is inaccurate.
5. The University must refer to the U.S. Department of Education, Office of Inspector General (OIG) any credible information indicating that a Title IV applicant may have engaged in fraud or other criminal misconduct in connection with the Title IV programs. Common examples of fraud or other misconduct include but are not limited to, false claims of independent student status, false claims of citizenship, use of false identities, forgery of signatures of certifications, false statements of income. Unless required by the Department of Education, no financial aid will be disbursed to a student who has been referred to the OIG.

Transferring Financial Aid

Financial Aid does not transfer automatically when a student transfers from one university to another. To continue receiving aid at the new university, the student must check with a Financial Aid officer at the new university to find out what programs are available and what steps are necessary. Students who decide to transfer must have the former university send a financial aid transcript to the new university. If the new university does not receive this transcript, the student will have difficulty receiving financial aid.

Transfer students who have a Federal Pell Grant must get a duplicate copy of their Student Aid Report and submit it to the new university’s financial aid office.

Transfer students who have a Federal Perkins Loan or a Federal Supplemental Educational Opportunity Grant should check with the Financial Aid Office at the new school to find out if funds from these programs are available.

Notification of Financial Aid Awards

The student is notified of his or her awards in an award letter. If the student feels the awards do not cover his or her needs, the student should consult with FNU’s Financial Aid Officer.

Reestablishing Eligibility for Financial Aid

Students who have been terminated for lack of satisfactory academic progress (2.0) and seek to reestablish their eligibility for financial aid must first successfully complete courses without benefit of financial aid in order to reestablish good academic standing.

Disbursement Procedures

Awards will be made in accordance with the award letters issued by the Office of Financial Aid.

Federal Pell Grant or campus base checks will be made payable directly to FNU in a separate check for each student’s account. Financial Aid awards will be disbursed electronically and will be applied to each student’s account.

Workforce Innovation and Opportunity Act (WIOA)

The WIOA program provides tuition assistance for students who meet the eligibility requirements of the programs.

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