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About NSU Financial Aid

Welcome to NSU's Office of Student Financial Assistance (OSFA)! Here you will find everything you need to know about student financial aid, including how to apply, financial aid deadlines, and types of aid available to graduate and undergraduate students, including Florida student financial aid. Our office administers federal, state, and university financial aid programs such as grants, loans, scholarships, and veterans benefits. Please take a moment to explore our site!

Announcements  

More than $3.6 Million in Grant Funding Awarded to NSU Students in Need

In response to the COVID-19 pandemic, NSU awarded a total of $3.6 million to students in need. NSU received and awarded all of the approximately $3.5 million from the Higher Education Emergency Relief Fund under the Federal CARES Act for emergency financial aid grants to students. In order to be considered eligible, students had to meet the following criteria:

  • have incurred expenses as a direct result of a disruption in campus operations due to COVID-19; and
  • be enrolled in the 2020 Winter semester/term; and
  • be eligible to file a 2019-2020 FAFSA; and
  • be enrolled in at least one ground-based (face-to-face) course on or before March 13, 2020 (date of President Trump’s Proclamation of a National Emergency for the COVID-19 outbreak).

On April 28, 2020, the university sent an email to the 19,527 students enrolled in the Winter 2020 semester/term announcing that the application for emergency relief was open. Students had the opportunity to apply for emergency relief through the Federal CARES Act or the NSU COVID-19 Student Support Fund from April 28, to May 31, 2020. The NSU COVID-19 Student Support Fund was established to supplement Federal CARES Act funding, as many NSU students did not meet the eligibility requirements for federal funding.  Financial aid grants of up to $3,000 each were awarded to a total 1,543 students under the Federal CARES Act. 

Through the university’s fundraising efforts, an additional 79 students were awarded funding totaling more than $36,817.53 from the NSU COVID-19 Student Support Fund.

Should the federal government pass new legislation for a second stimulus package including additional funding for emergency financial aid grants to students, NSU will give priority consideration to students who previously submitted an application for Federal CARES Act funding but could not be considered due to limited funding.

To view NSU’s federal reporting requirements for receipt of funds for emergency financial aid grants to students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, click here.

 

Dollars and Sense Newsletter

The Summer 2020 edition of the Dollar$ and $ense

newsletter is now available!

 

Find important information on:

  • Federal Student Aid Updates
  • Student Health Insurance Rates
  • Payment Plan Options
  • Payment Deadlines and more

Students who are expecting a refund from their financial aid disbursement may submit an online emergency loan application.

Gold Circle Emergency Loan Application for Non-HPD Students: This application is available to non-Health Professions Division (HPD) students whose financial aid file is complete for the period in which the loan is being requested. The loan limit has been increased to $1,500, and the five percent processing fee has been waived due to the Coronavirus pandemic.  To view additional eligibility requirements and to access the online application, visit https://https://https://https://https://www.nova.edu/sbin/finaidforms and select the appropriate form from the drop down menu. Gold Circle Emergency applications will be reviewed no earlier than three weeks before the first day of classes for the semester/term the loan is being requested.

HPD Pre-Loan Application:  This application is only available to Health Professions Division (HPD) students whose financial aid file is complete for the period in which the loan is being requested. The loan limit is $2,000, and the processing fee has been waived due to the Coronavirus pandemic.  To view additional eligibility requirements and to access the online application, visit https://https://https://https://https://www.nova.edu/sbin/finaidforms and select the appropriate form from the drop down menu. HPD Pre-Loan applications will be reviewed no earlier than five weeks before the first day of classes for the semester/term the loan is being requested.

PLUS Loans are federal loans that creditworthy graduate students and parents of undergraduate students may use to supplement their financial aid package. The Online PLUS Request Process for the 2020-2021 academic year for both GRAD PLUS and Parent PLUS Loans becomes available after 11 a.m. Eastern Time on April 26, 2020. To apply for a PLUS Loan, visit studentaid.gov. More information on the Parent PLUS Loan and the GRAD PLUS Loan is also available on the financial aid website.

On March 20, 2020, U.S. Secretary of Education Betsy DeVos announced that the Office of Federal Student Aid is providing student loan relief to tens of millions of borrowers during the COVID-19 national emergency. 

All borrowers with federally held student loans will automatically have their interest rates set to 0% for a period of at least 60 days. In addition, each of these borrowers will have the option to suspend their payments for at least two months to allow them greater flexibility during the national emergency. This will allow borrowers to temporarily stop their payments without worrying about accruing interest.

Forbearance May Be Requested

All federal student loan servicers have been asked to grant an administrative forbearance to any borrower with a federally held loan who requests one. The forbearance will be in effect for a period of at least 60 days, beginning on March 13, 2020. To request this forbearance, borrowers should contact their loan servicer online or by phone.

Automatic Suspension of Payments for Delinquent Borrowers

The Secretary has also authorized an automatic suspension of payments for any borrower more than 31 days delinquent as of March 13, 2020, or who becomes more than 31 days delinquent, essentially giving borrowers a safety net during the national emergency.

Public Service Loan Forgiveness and Income Driven Repayment

Some borrowers may want to continue making payments, like those seeking Public Service Loan Forgiveness (PSLF) or those enrolled in a repayment plan with a manageable monthly payment. For borrowers continuing to make payments, the full amount of their payment will be applied to the principal amount of their loan once all interest accrued prior to the president's March 13 announcement is paid. The Department will work closely with Congress to ensure all student borrowers, including those in income driven repayment plans, receive needed support during this emergency.

For more information on the efforts of the U.S. Department of Education, visit https://studentaid.gov/announcements-events/coronavirus.

The Free Application for Federal Student Aid (FAFSA) for the 2020-2021 academic year is now available at studentaid.gov.  The U.S. Department of Education redesigned the FAFSA website to make it mobile-friendly and also introduced a new smartphone application called myStudentAid that allows you to complete the FAFSA on your phone.

File Early to Avoid Delays!

  • Use NSU's Federal Code 001509 to ensure NSU receives your FAFSA information. Once your FAFSA information has been received, we will send you an email confirmation with important information on next steps.

  • Use the IRS Data Retrieval Tool, when possible, to import your 2018 tax information directly from the IRS.

  • Read definitions carefully. Don't rush through questions.

  • Don't forget to sign your FAFSA with your FSA ID. If you are a dependent student, your parent or guardian also needs to sign your FAFSA with an FSA ID. If you are a first-time filer, create your FSA ID as soon as possible. It can take up to three days in some cases before you can use it. Your FSA ID serves as your electronic signature.

  • Monitor your NSU email for updates.

  • NSU's priority deadline is March 15, 2020.

For more information on filing the FAFSA, visit Federal Student Aid.

The U.S. Department of Education's Federal Student Aid (FSA) Office has combined content and features from their websites studentloans.gov, fsaid.ed.gov, and nslds.ed.gov into one consolidated and newly enhanced studentaid.gov website. All of the functionality of studentloans.gov will be available under the new studentaid.gov site, and all existing pages will be redirected to new pages so as not to disrupt the borrower experience. FSA also plans to add messaging on studentloans.gov and studentaid.gov so that visitors are made aware of the change.

For more details on what to expect when you visit studentaid.gov, please view FSA's video.

Future of Federal Student Aid Website

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