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Student Financial Aid

 

I have applied for an Alternative Loan or other Outside Loan. May I deduct this loan from my amount due?
Alternative Loans are not included as Anticipated Credits on the Dartmouth College Student Account Statement. However, if you have applied for an Alternative Loan, you may deduct the net amount that you expect to receive for the term using the Student Explanation Form.

Please Note:

Students who have an Alternative Loan pending for a prior term will not be able to take further deduction without confirmation of loan approval from the Financial Aid Office and a guarantee of the disbursement date. Any issues that may be delaying disbursement of such loans must be resolved in order for the student to avoid Check-in delays. If there are any questions regarding outstanding loans, please contact the Financial Aid Office directly at (603) 646-2451.

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I have applied for a Federal Stafford Loan. May I deduct this loan from my amount due?
For students who have previously been awarded a Federal Stafford Loan by the College's Financial Aid Office, the expected net disbursement(s) will be indicated on your Account Statement, or on the Recent Activity Summary, under Anticipated Aid/Credits. Students who have recently been awarded a new Federal Stafford Loan may deduct the net amount for the term from their Amount Due using the Student Explanation Form, provided the Master Promissory Note and Entrance Loan Interview have been completed with their chosen lender. For further information regarding the Stafford Loan application process, please contact the Financial Aid Office at (603) 646-2451.

Please Note:

Students who have a Stafford Loan disbursement pending for two or more terms will not be able to take further deduction from the amount due without confirmation of loan approval from the Financial Aid Office, and a guarantee of the disbursement date. Any issues that may be delaying disbursement of such loans must be re-solved in order for the student to avoid Check in delays. If there are any questions regarding outstanding loans, please contact the Financial Aid Office directly at (603) 646-2451.

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My parents have applied for a Federal Plus Loan. May I deduct this loan from my amount due?
For students who have previously been awarded a Federal PLUS Loan by the College's Financial Aid Office, the expected disbursement(s) will be indicated on the Account Statement, or under Anticipated Aid/Credits on the Recent Activity Summary.  Students who have recently been awarded a new Federal Plus Loan may deduct the net amount from their Amount Due using the Student Explanation Form, provided the loan application has been completed and the loan has been approved.

Please Note:

Students who have a Federal PLUS Loan pending for two or more terms will not be able to take further deduction without confirmation of approval from the Financial Aid Office, and a guarantee of the disbursement date. Any issues that may be delaying disbursement of such loans must be resolved in order to avoid Check in delays in March. If there are any questions regarding outstanding loans, please contact the Financial Aid Office directly at (603) 646-2451.

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May I deduct Work Study from my bill?
Work Study earnings may not be deducted from the Student Account Statement. Although Federal Work-Study is included in a student's total financial aid package, these funds are not applied directly to a student's account as is the case with other types of aid. Federal Work-Study is earned by the student based on the number of hours worked, and is paid directly to the student through the College's payroll system.

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Why hasn't my financial aid posted to my account yet?
The Financial Aid Office may be missing documents which are necessary for the disbursement of your financial aid award to occur. If you have a loan that is not posting to your account, it is possible that you have not signed the promissory note, or provided other information necessary to allow your loan to disburse. Please check with Financial Aid Office or Student Financial Services to determine if any documents are missing or incomplete.

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Last Updated: 3/1/11