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!
New Dollar$ and $ense Newsletter Published (9/13/23)
The Fall 2023 Dollar$ and $ense newsletter is now available! It includes updates on the 2024-25 FAFSA; scholarship renewal reminders; financial aid, bursar, and registrar quick links; and important dates and deadlines. For questions, email us at dollarsandsense@nova.edu.
Other Announcements
The FAFSA Simplification Act and other federal legislation have resulted in a significant overhaul of federal student aid including the Free Application for Federal Student Aid (FAFSA) form.
Some of the changes include:
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The 2024-25 FAFSA is expected to become available at studentaid.gov in December 2023, instead of the traditional October 1 date.
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The number of questions on the FAFSA will decrease from over 100 to less than 50.
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The Expected Family Contribution (EFC) will be replaced with the Student Aid Index (SAI) representing a different methodology to determine eligibility.
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The SAI will not take the number of students in college into consideration. This may reduce need-based eligibility for current students with siblings in college.
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The FAFSA Simplification Act extends the Federal Pell Grant to more students and links eligibility to family size and the federal poverty level.
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Anyone asked to provide information on the FAFSA, including the student, a parent/stepparent, or a spouse, is called a “contributor.” All contributors must provide consent to allow the IRS to share federal tax information in the new Consent to Retrieve and Disclose Federal Tax Information section. Without a contributor's consent, the SAI will not be calculated.
The NSU Office of Student Financial Assistance looks forward to providing more information regarding the 2024-25 FAFSA process in the coming months.
The 2023-2024 Free Application for Federal Student Aid (FAFSA) is available at studentaid.gov. The FAFSA determines your eligibility for grants, scholarships, loans, and work-study programs. It is the essential first step in receiving financial aid from federal, state, and private sources, and you have to complete it each academic year.
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The sooner you apply, the better chance you have of receiving the maximum amount of funds.
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Completing the FAFSA early will allow you to plan efficiently.
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Many scholarships require you to complete a FAFSA.
New Filer? Get a Head Start by Creating Your Federal Student Aid Account
If you are filing the FAFSA for the first time, get a head start by creating your account (FSA ID) ahead of time. The FSA ID is a username and password combination that gives you access to Federal Student Aid's online systems. It can also serve as your legal signature. If you don’t have an FSA ID by the time you fill out your FAFSA, you will be prompted to apply for one, but it may take one to three days before you receive it. Get a head start on that process today by creating one here.
Returning Filer? Changes to the 2023-24 FAFSA include:
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You will use your (your parents') 2021 federal tax return information.
- Removal of questions pertaining to gender (male/female, #21), Selective Service (#22), and drug conviction (#23) as part of the FAFSA Simplification Act.
- Incarcerated students regain the ability to receive a Federal Pell Grant.
- The income threshold for an automatic zero Expected Family Contribution (EFC) increased from $27,000 to $29,000.
Don't miss out by filing late! File as soon as possible at studentaid.gov.
NSU Federal School Code: 001509
Tips:
- Have your FSA ID handy before you begin.
- Use your legal name as it appears on your Social Security Card! Any deviation from that name will cause your FAFSA to be rejected.
- Don't rush! Any type of mistake, even an innocent typo, will cause a delay in processing. Take advantage of the helpful tips and read questions, instructions, and definitions carefully.
- Whenever possible, use the the IRS Data Retrieval Tool (DRT) to automatically import information from the federal tax return into your FAFSA. That makes filing not only faster, but also more accurate.
- The studentaid mobile app is no longer available as of June 30, 2022, due to low consumer engagement.
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 is $500. To view additional eligibility requirements and to access the online application, visit https://www.nova.edu/financialaid/forms/index.html 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 an application fee applies. To view additional eligibility requirements and to access the online application, visit https://www.nova.edu/financialaid/forms/index.html 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.