All necessary paperwork must be received by our office at least one full month prior to the start of the semester for which you plan to enroll. Student Financial Services suggests a student apply for aid a minimum of 90 days prior to the beginning of the term. Summer is normally packaged separately, unless the student begins attending later in the year.
Beginning with the 2017-2018 FAFSA cycle, the FAFSA web page is available to student and their families three months earlier, on October 1, 2016 (for the 2017-2018 award/academic year) Also beginning with the 2017-2018 cycle, the FAFSA will collect income information from the tax/calendar year one year earlier than has been used in the past. Thus for the 2017-2018 FAFSA, students and families will provide income information from the calendar year 2015 (and not calendar year 2016). SFS has a ‘priority deadline’ date of March 15th each academic year.
Students at Park University who receive more in financial aid than the charges on their student account may receive a refund of the amount that is left over. Students should complete the Direct Deposit form.
Please note, there are specific scholarships that do not allow refunds to be taken from them as they are for in school charges to your account only and this will be described in the scholarship specifics you receive for that award (i.e.: Kansas City Scholars is one such scholarship).
Any financial aid awarded is subject to review based on assistance received from outside sources. All sources of aid, with the exception of VA benefits are regarded as estimated financial assistance and must be included in the financial aid award.
Students at Park University who take out student loans must complete Entrance counseling and a Master promissory.