Applying for Financial Aid
Students must apply for financial aid each year by completing the online. Students must complete the Free Application for Federal Student Aid (FAFSA) online. The Department of Education (DOE) makes the new FAFSA available after October 1. Students and parents can now download the myStudentAid mobile app in both the Apple App Store (iOS) and Google Play (Android). There is no fee to complete the FAFSA on the Department of Education (DOE) website. The is also available.
- Student Eligibility Requirements
- Enroll as a regular student and be degree or certificate seeking in an eligible program of study.
- Be a U.S. citizen or eligible non-citizen.
- Meet Satisfactory Academic Progress (SAP) as defined by the college.
- Register for Selective Service, if you are male between ages of 18-25.
- Provide the PHSC Admission's Office with an official copy of the student's high school transcript or GED.
- Transfer student information is available through the PHSC catalog and student handbook.
- May only be funded for courses required for the current degree or certificate program. In addition, Federal Student Loan eligibility requires that students be enrolled at least half-time each semester in courses required by their program or certificate of study.
- Not be in default on a prior student loan.
- Completing the FAFSA
- Complete the FAFSA each year.
- Create a FSA ID to complete and sign the FAFSA. Parents of dependent students must create their own FSA ID in order to sign the FAFSA.
- Be certain to enter correct Social Security number(s) on the application.
- Add the PHSC school code 010652.
- Prior, Prior Year (PPY). Beginning with the 2017-2018 award year, student and their families will provide income and tax information from the tax year one year earlier than has been used in the past. Therefore, the 2020-2021 FAFSA will collect information from the 2018 tax year.
- After Your FAFSA is Submitted
- Upon completing the application, students and parents may sign with their FSA ID. If not, students must print the FAFSA signature page, affix the appropriate signatures, and mail the document to the Central Processing Center.
- Central Processing Center will perform the calculation to determine the student's financial aid eligibility.
- Within one to three days after the FAFSA is submitted the student should receive a Student Aid Report (SAR). The SAR is the official determination by the DOE about whether or not the student qualifies for different types of federal assistance. If a student receives a SAR that indicates they do not qualify for federal assistance, they should contact the Financial Aid Office to determine if alternative sources are available.
- Review the SAR carefully and make corrections to any errors on the processed FAFSA.
- Occasionally, the Department of Education will determine a student to be ineligible for financial aid. If a student receives a SAR that indicates they did not qualify for federal assistance, they should contact the Financial Aid Office for more information about their eligibility and alternative financial aid sources.
- Students should monitor their online WISE accounts closely after they receive their SAR and are welcome to contact their Financial Aid Office.
- Federal Eligibility Matches
The Federal Central Processing Center matches a student's name, date of birth, and social security number with a variety of federal agencies including the Social Security Administration, Department of Homeland Security, Selective Service, Veteran's Administration and National Student Loan Data System. If there are discrepancies in student FAFSA and federal agency information during the match process, the student will be asked to provide additional documentation, or actions, to confirm federal assistance eligibility. The student will be notified of federal match results on the SAR and the school will notify the student of requested documentation. Please monitor the student online WISE portal for possible missing documents and file status.
- SAR Corrections
PHSC's financial aid office processes and submits corrections electronically for the SAR to the Department of Education (DOE). The DOE transmits the correction to their services, Central Processing Center (CPS), who is contracted to process the financial aid applications. The procedures for corrections and updates apply to all federal student aid applicants.
The Financial Aid Office will download the SAR into the PHSC student records system and process the corrected application. Within three to five business days, the student will receive an acknowledgment notice from the CPS once the submitted correction is processed. The Financial Aid Office then receives the corrected SAR electronically. Upon electronic receipt of the corrected SAR, the Financial Aid Office will complete the student's financial aid file.
All corrected SAR's must be submitted or received electronically by June 30, 2021 for the 2020-2021 academic year. Failure to provide the documentation necessary to complete the verification process by the established deadline may result in loss or repayment of financial aid awarded.
All information and documentation submitted by the student and/or parent must be accurate and authentic. Students who purposely give false or misleading information may be fined, sentenced to prison, or both.
After the student's financial aid file is completed, the student will receive an award letter via the student's PHSC mail account indicating their eligibility for assistance, or an ineligibility notification stating they do not qualify for grant programs.
We recommend students monitor their PHSC mail and WISE accounts frequently during the awarding process in order to provide necessary requested and missing documentation and to review the status of their financial aid file.
Purchasing Books with Financial Aid
Students who have been awarded financial aid for the semester may be able to charge the cost of their books against their financial aid award if they meet the following guidelines.
Other Financial Aid Considerations
- Your financial aid award letter amount is based on full-time enrollment. The amount of your aid will be adjusted each semester to reflect your actual enrollment status and eligibility (if you are enrolled less than full time).
- If you receive private outside scholarships and/or other types of financial aid, your other aid may need to be adjusted to prevent you from being over-funded with federal and state aid.
- Over payment status can occur as a result of non-attendance, enrollment in ineligible courses, not meeting enrollment requirements, or institutional error. Students in an over payment status have reduced eligibility after financial aid funds were used to pay charges or were refunded.
- Students in over payment status will have a hold placed on their record and will be unable to register for any additional courses until the amount owed is repaid in full.
- A calculation will be run to determine the unearned portion of federal financial aid for students who withdraw, stop attending, or change all courses from credit to audit, before completing 60% or more of their semester. Any amount of federal financial aid that must be returned to the federal programs is the responsibility of the student.
Financial Aid Refund Process
The Financial Aid Office applies financial aid funds to pay tuition and fees. If additional funds remain after the payment of tuition, fees and book charges, the student will receive acheck within 14 days of awarding, or within 14 days of the last day of drop/add, whichever occurs last. Students will receive their refund through their selected refund preference with BankMobile.
Federal Financial Aid Repayment Rules
Federal student aid recipients who withdraw from, stop attending or change from credit to audit status, causing a, may have to repay all or part of their federal student aid. Federal regulations require we calculate the amount of financial aid earned when a student is no longer attending or has withdrawn from all courses. This regulation includes courses that are changed from credit to audit status and courses where the student receives a grade of "F" due to non-attendance.
If the federal student aid the student has received is greater than the institutional charges (tuition and fees), a portion of the federal financial aid may have to be returned to the Department of Education. Students who return the unearned funds will regain eligibility to apply for aid in future semesters. Students must make repayment to PHSC within 45 days or make payment arrangements to the Department of Education. Students are ineligible for future federal funding until their entire balance is repaid. Federal funds administered by PHSC are returned in the following order:
- Federal Direct Unsubsidized Loan
- Federal Direct Subsidized Loan
- Federal Direct PLUS Loan
- Federal Pell Grant
- Federal Supplemental Education Opportunity Grant
Students will have earned 100% of their federal student aid funds when they have attended 60% or more of the semester and will not be subject to repayment.
The point at which students will have earned their federal financial aid for the fall 2020 semester are as follows:
|Term 1 only:||October 29, 2020|
|Term 1 and 1A:||October 29, 2020|
|Term 1A only:||September 26, 2020|
|Term 1B only:||November 21, 2020|
|Term 1C only:||November 3, 2020|
|Term 1A and 1C||October 23, 2020|
|Term 1B and 1C:||November 10, 2020|
|Term 1, 1A, 1B and 1C (all four terms):||October 29, 2020|
The point at which students will have earned their federal financial aid for the spring 2021 semester are as follows:
|Term 2 only:||March 23, 2021|
|Term 2 and 2A:||March 23, 2021|
|Term 2A only:||February 9, 2021|
|Term 2B only:||April 12, 2021|
|Term 2C only:||March14, 2021|
|Term 2A and 2C||March 9, 2021|
|Term 2B and 2C:||March 29, 2021|
|Term 2, 2A, 2B and 2C (all four terms):||March 23, 2021|
The point at which students will have earned their federal financial aid for the summer 2021 semester are as follows:
|Term 3 only:||June 22, 2021|
|Term 3 and 3A:||June 22, 2021|
|Term 3A only:||June 5, 2021|
|Term 3B only:||July 18, 2021|
|Term 3, 3A and 3B (all three terms):||June 30, 2021|
We strongly recommend students contact the Financial Aid Office before making changes in their enrollment.