|Contact Information for Financial Aid|
|Phone||(877) 666-0014 (Toll Free)|
|Fax||(775) 784-1025 and (775) 327-5019|
Fitzgerald Student Services Building
|Address||1664 N. Virginia Street
Reno, NV 89557-0076
65% of undergraduate and graduate students receive some form of financial assistance.
We assume that most students intend to enroll full-time. Scholarships require full-time enrollment. Financial aid can be received as a half-time student (6-8 credits) and as three-quarter time (9-11 credits as an undergraduate). The enrollment status reported on the FAFSA is used to make the initial aid offer. Pell Grant and other programs are prorated or may be reduced. If your intended enrollment status has changed you will need to note that change in MyNEVADA.
Undergraduates who have already received a bachelor’s degree are eligible for loans while pursuing additional majors or bachelor’s degree(s). This includes students in double major, minor or dual degree programs who have already met the requirements for one of their majors or degrees and are continuing their education toward the additional major, minor or degree. See The Guide for additional information.
The “graduate special” is not a degree program. State and federal financial aid require that the student be enrolled in a program leading to a degree. Non-degree undergraduates are likewise not eligible for state and federal aid. A private/alternative loan is the only option.
Part or all of a grant, scholarship, or fellowship may be taxable even if you do not receive a W-2 form. If you are a degree-seeking student, the amounts you use for expenses other than fees, tuition, and special course fees are taxable (such as room and board and transportation). To determine this taxable amount, add up all the grant, scholarship, and fellowship awards received in the calendar year, and then subtract all fees, tuition, special course fees, books and supplies expenses. If the remaining amount is a positive number, it must be reported as income. This amount must also be reported on Worksheet C of your FAFSA.
Yes. Any money received as a result of work, whether Work-Study, part-time, on-or off-campus employment, some assistantships or fellowships, is taxable income. You file a W-4 withholding form at the time you are hired; you receive a W-2 statement of earnings and taxes withheld each calendar year. Questions about withholding should be directed to the University’s Payroll Office.
The IRS publication 970 can answer your questions. You can find it at www.irs.gov/pub/irs-pdf/p970.pdf.
No. Financial aid cannot be received from two different institutions at the same time because you are a “regular” student, that is, expecting to receive a degree only from one school. Aid is administered only by that one school.
Disbursements are monitored by the U.S. Department of Education Disbursement System. An “alert” is sent to the colleges to request repayment from the student when repayment by more than one school occurs.
There are two exceptional situations in which a student may request the financial aid office at the University to recognize coursework at a community college. The circumstances are different, so be sure to read carefully and submit the correct paperwork and in the appropriate timeframes.
One is co-enrollment. In this situation, the student is pursuing a major in which there are courses that are required, but are never taught at the University and must be completed at a community college. These programs are Interior Design, Early Childhood Education, Construction Sciences, and some Curriculum and Instruction Majors. It is an academic necessity to take the coursework at the community college, and the office recognizes that in the aid package. The co-enrollment forms are found in the Financial Aid Library. Note the deadline for submission is the last day of the month in which classes begin each semester, that is September 30 for the fall semester and February 28 for the spring semester.
The second exception is for intra-system enrollment. In this situation, the academic advisor has recommended and approved the student to take coursework at a community college as a part of their degree program or the student has a valid and compelling academic reason beyond convenience for enrolling at a community college in combination with coursework at the University. The office reserves the right to refuse a request that is based solely on cost, registering late, or convenience. The student plans in advance by submitting the request prior to the disbursement of financial aid classes begin. If approved, the student’s budget and aid may be modified or reduced. Pell Grant is the only program considered for intra-system enrollment exception, so the student must be Pell Grant eligible.
Normal processing is approximately 6-8 weeks from the time the student submits a FAFSA to when any aid should be ready to disburse. Files that require additional documentation (correcting signature and other rejects, social security cards, selective service registration, file verification, etc) will take longer than the normal processing timeline to complete.
Students must meet specific criteria outlined on the SFAS website. Inquiries can be sent to Barbara Hall-Bellows.
If staff is unable to take your telephone call immediately, messages are returned within 24-48 hours. However, at the beginning of a semester, the time may be longer. For more service standards, please view our Benchmarks for Standards of Service. Faxes are normally logged in within 3 to 5 business days.
Scholarships are offered automatically to students whose academic credentials presented in their admission application qualify them for an award. There is no separate application for the University’s general scholarship program. An academic index is calculated using the high school GPA and the college entrance examination score (ACT or SAT whichever is higher) to determine the eligibility and the amount for the academic year (See the scholarship calculator). These awards are the Pack Pride, Nevada Scholars, and the Silver and Blue Scholarship. The award criteria in the scholarship pages describes the requirements for renewal. Some colleges may also have used the admission information to select freshmen for their awards.
These time frames mean that the bill sent from Student Accounts will not show the Millennium Scholarship.
A list of participants in Pre-Paid Tuition is sent from the State Treasurer’s Office to the University’s Financial Aid Office and to the Cashier’s Office. Since pre-paid tuition is a financial resource, it is considered in packaging the student’s financial aid. The Cashier posts the amount to the student’s account to pay the registration and bills the Treasurer’s Office for the funds. The Millennium Scholarship can then pay other fees that remain on the student’s account. Once all outstanding charges are paid, remaining scholarship and financial aid dollars are paid by check or direct deposit to the student’s personal checking account: Nevada State Treasurer’s College Programs.
Students are offered the maximum amounts they qualify for in the Stafford loan (and in the PLUS loan if it is offered). Students can choose to borrow the maximum for the year, or borrow a portion now and the rest later on in the academic year. Please remember that the amount you request will be split between the fall and spring semester; unless they are graduating in the fall.
Students can request to be added to the waiting list and when/if funds become available their financial aid award letters will be updated and they will receive a revised email notification. They will also receive paperwork in the mail that has to be submitted before the funds can disburse.
If you're have having trouble repaying your Stafford Loan(s) for any reason, do not give up and let the loan(s) go into default. There are options of which you may be unaware. You may be eligible for a deferment, forbearance, or a different repayment plan that might lower your payments and permit you to get back on track. Contact your lender first and/or our office for information and alternatives. You can also find information on the EdFund website. EdFund is the Stafford Loan guarantee agency that works with our University to make and service the loans. Find them at www.edfund.org - students and parents and look for the “Managing Your Loan” section for some helpful information and references.
The consequences of default are serious. You will lose your eligibility for future financial aid, a portion of your paycheck or tax return can be garnished to repay the loan, you may incur collection costs and attorney fees and you may not qualify for certain federal or state jobs. Your credit rating will be damaged, taking it more difficult and more expensive to get a loan later to finance a car or a home. Whatever you have to do to keep out of default, do it! Keep in contact with your lender!
Most applicants under the age of 24 are considered by the federal government as “dependent” students; therefore parent(s) income is required. Parents are expected to assist with college costs for their children to the extent that they are able. Financial aid can only be offered to fill any “gap” between what it costs to attend and what the FAFSA information indicates the family can provide. In “unique circumstances”, a student under 24 may file an appeal for “independent” status. The appeal criteria and documentation requirements are available in the Financial Aid Library.
The FAFSA is required for all need-based financial aid, including loans. It evaluates the family’s ability to contribute toward college costs. The information is used to determine eligibility for Grants, Loans, and Work-Study. It is a federal requirement that the family’s eligibility for a Pell Grant, a subsidized Stafford Loan and other federal aid programs be considered. Often parents may think they are not eligible for some programs when in fact they may be. Filing the FAFSA ensures that the family is considered fully for all programs.
The parent of a dependent student can apply for a federal Parent Loan for Undergraduate Students (PLUS) and/or a private, alternative loan. An independent student may apply for a private/alternative loan.
The office receives FAFSA information about once every 10-14 days from the Federal Processor; and document processing generally takes 1-3 days to login to our system. You can check both on MyNEVADA under Fin. Aid Requirements to view a live update of all the documents we’ve received and whether or not they were complete.
Unfortunately, due to the large volume of documents we receive, we are unable to check the fax machine to see if your fax arrived. If you are concerned about your faxed documents, please send a copy of the document in the mail.
Verification is a process whereby the information reported on the FAFSA is confirmed with tax returns and other documents. Since the FAFSA may be filed prior to tax filing, it is crucial that our office ensure that the information is accurate and that the funds are awarded only to eligible students.
The office participates in a Quality Assurance Program offered by the U.S. Department of Education. This program permits our office, using their software, to analyze our applicant pool each year and to identify those items and questions on the FAFSA that are most often answered incorrectly, such as “taxes paid vs. taxes withheld”. A random sample of applicants is selected to verify those items.
If you are selected, you are required to submit the documents required. Those are reviewed and when discrepancies are found, corrections are sent to the federal processor to recalculate the eligibility. It may result in a decrease in total aid, loss of the Pell Grant and other grant aid, or an increase in total aid and loans.
Students may request an increase in their aid for the purchase of a computer only once during their educational career at the University. Documentation may be a receipt or written estimate from a retail store, or an estimate from the vendor’s website. The source of funding is either a Stafford Loan if eligibility remains or other loan fund. First year medical students are required to purchase a laptop computer, so an average cost is automatically included in the student budget as a one-time expense.
Yes. Need-based aid and some scholarships are renewable. The scholarship award criteria on our website will indicate whether or not the General University Scholarship Application is required. Search by name to find out!
Financial aid consideration requires a new FAFSA each year. Grants, loans, and work-study are not automatically renewed! You will receive aid application renewal information and instructions each January. Generally, if your family circumstances do not change, your application is filed early, and the programs and funds available to the University do not change, you are likely to receive similar financial aid awards.
If you request reinstatement within the academic year, you are still enrolled, and your eligibility has not changed, we can typically reinstate Stafford Loans and Pell Grants. Using the remaining eligibility to attend summer session(s) is an appropriate use. Reinstatement of aid from other programs during the academic year would be dependent upon availability of funds and the reason for your request.
Not all students chose to borrow the Stafford loan, so the amount put on the aid offer as an “estimate” of the maximum amount you are eligible to borrow. For the office to continue the loan process, we need you to tell us that you do want to borrow and how much; and for a first-time borrower, please go to MyNEVADA.
The University has three institutional loans offered to students from revolving funds created by former students repaying their loans. These are the Perkins, Garvey-Rhodes, and Blundell Loan Programs. Promissory notes are required prior to the disbursement of funds and are mailed in July from the Loan Department in the Cashier’s Office. The note must be promptly signed and returned directly to their office.
The bill is sent from Student Accounts not from the Financial Aid Office, and is mailed in late July. It shows what you owe the University. Our office cannot begin the disbursement of any aid more than 10 days prior to the first day of class each the semester. Financial aid and scholarships on the Aid Offer are applied directly to the charges listed on the account, usually within the first month of the semester. You are responsible for paying any amount not covered by these awards. For more information and fee payment deadlines, see the class schedule or the Controller’s website.
To determine what is owed or if you have funds coming to you, subtract the total amount of financial aid and scholarships listed on the offer (minus the Work-Study allocation) or on MyNEVADA.
Work-study awards are earned by working for an eligible employer and collecting a paycheck every two weeks for the hours worked up to the amount of the award. To locate a Work-Study job, go to the Job Board on the Human Resources: Student Employment website.
Checks may not be picked up in person. Depending upon what option you have selected, you will either receive a direct deposit to your personal bank account (if you have completed the Direct Deposit with the Cashier’s Office through MyNEVADA) or you will receive a check at the address listed on MyNEVADA. Be sure your address is accurate!
Documents can be faxed, mailed, or brought in to the Fin Aid Office. This information (including the fax number and address) is located on the verification forms and the instructions that are attached to the form online.
Students should allow at least five business days for documents to be logged in and updated on their To Do List.
Check the To Do List to see what is listed - some items are self-explanatory and by clicking on the Details link you can clearly see what needs to be done (i.e. Student tax return missing signature - student needs to sign tax return and send it in or come to the office and sign it).
Check the Fin Aid Tab in Student Services Center page to see if the SAP Status reads as 'Probation' or 'Meets SAP'.