Financial Aid for New Students
Now that you've received, reviewed, and accepted your Financial Aid Award, you'll undoubtedly have questions about how to ensure that funds find their way to your account. A valuable resource is the Terms and Conditions of Financial Aid Awards 2012-2013.
Admissions scholarships and Hartwick Grants will automatically be credited to your tuition bill.
Does your package include a Federal Direct Stafford Loan? If you have never had a Federal Stafford Loan before, you can complete the required Entrance Counseling and Master Promissory Note online.
Want to estimate your monthly loan payments? check out this link: Loan Calculator
Please note that your loan can not be processed until you have completed both the Entrance Counseling and Master Promissory Note. If you have previously borrowed a Federal Stafford Loan you will need to complete a new Master Promissory Note for the Federal Direct Loan program. You will need your FAFSA PIN number to complete your Federal Direct Stafford Loan.
Federal Perkins and Federal Nursing Loan borrowers need a valid FAFSA PIN to complete the application process. You may request a FAFSA PIN from the Department of Education. You will need to complete entrance counseling and a master promissory note:
- Log on to ECSI's Web site at www.ecsi.net/prom30.
- Provide your Social Security Number, last name, and date of birth.
- Provide your PIN when requested on the Student Authentication Network page.
- Most pages require that you accept the terms by checking a box at the bottom of those pages.
- You must provide complete reference information for yourself, next of kin, and two additional references. Failure to complete all lines accurately will keep this loan from disbursing to your account.
- PROMISSORY NOTE - Read completely. Electronically sign at the bottom of the promissory note page. The electronic signature includes a check-off box plus your full legal name.
For students whose award includes an alternative student loan there are options available through private lenders. All federal loan options should be exhausted before considering altnerative student loans. Because credit approvals are typically good for 90 days, you should apply no earlier than 90 days prior to the beginning of the semester. More about alternative loans...
Federal Direct PLUS Loan borrowers may complete the online Master Promissory Note (MPN) here. Note: A denial of the Federal Direct Parent PLUS Loan qualifies a student for additional unsubsidized Stafford Loan funds ($4,000 for first- and second-year students; $5,000 for third- through fifth-year students). The denial must be applied for and received every year before the Stafford funds can be certified.
Note: In cases where families are denied the Federal PLUS Loan, students will be offered an unsubsidized Stafford Loan to replace some of the funds. First-year students are able to borrow up to $6,000.
Other financing options to cover the cost of attendance include the Tuition Payment Plan.
To comply with Federal regulations, we routinely verify the household and income information for all first-year students as reported on the FAFSA. We require submission of signed federal tax returns, as well as a Verification Worksheet, which may be downloaded and printed online. *(Independent students may access the Independent Verification Worksheet here.)