Financial Aid Response Form

• I understand that when I complete and submit this form, I will be accepting the financial aid award offered by Loyola University New Orleans.  I would like to reject the following parts of my financial aid award:

• I understand that I will not receive additional grant aid if I turn down my student loans.

• I understand that this financial aid offer is subject to the conditions on our website at http://www.loyno.edu/financialaid . I understand that I am responsible for submitting all requested documentation to the Office of Scholarships and Financial Aid in a timely manner. I understand that my award is not final until all documents have been received and reviewed by a financial aid counselor.

• I understand that I must make satisfactory academic progress towards completing my degree in order to receive financial aid in subsequent academic years. Loyola University New Orleans’ satisfactory academic progress policy is posted at http://www.loyno.edu/financialaid/

• I understand that I must reapply for financial aid every year.

• If my financial aid award includes loans, I understand that loans are serious legal obligations that must be repaid according to the terms of my promissory note.

• If my award includes a Federal Stafford loan, I have completed the Choose Your Lender Form' at http://www.loyno.edu/financialaid/institutionalforms.html

• I understand that I must disclose any assistance I will receive from other programs, such as private scholarships or grants, veteran’s benefits, tuition remissions, employer tuition payments, etc.  Use the space below to report the source and annual amount of the aid:

• I authorize Loyola University to use scholarship, grant and student loan funds to pay my obligations that are charged to my Loyola tuition account. Such charges can include tuition, fees, residence hall charges, meals, books, parking fees, fines and minor debts (less than $100) to Loyola from prior terms. 
• I understand that I can revoke this authorization at any time by submitting a written request to the Office of Scholarships and Financial Aid .

CERTIFICATION:  

I declare under penalty of perjury under the laws of the United States that the information that I have given and the certifications I have made are true and correct.  I understand that anyone who knowingly makes a false statement in connection with applying for federal financial assistance is subject to penalties as prescribed under the United States Criminal Code.

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