If you’re like most of our students, financial aid means a lot to you and your family. You’re counting on it. You need it to make the jump into a college education. You need it to back you up, so you can earn your degree.
We know how important it is for you, and we’re here to help. We’re experts. We handle financial aid for thousands of students every year, and we can help you. We work with other campus departments and responsibly handle the funds entrusted to the university. We’ll walk you through the steps, untangling the process. Just email us your questions or give us a call. We can also arrange to talk in our office. It’s all about helping you understand what you need to do so you can reach your goals.
Because we care about things going smoothly for you, we want you to be aware—from day one—of some important financial aid problems to avoid.
It’s extremely important to attend all your classes the first week. If you do not attend a class during the first week, it can cause a serious delay in your financial aid, or you could lose your financial aid. Missing too many classes can also affect your financial aid later in the semester.
Success begins the moment you step into the classroom. If you fall behind, it can be difficult to catch up later in the semester. In addition, because of US Department of Education regulations, students who fail to attend a class during the first week can actually delay or lose their financial aid. On campus, it is referred to as verification of attendance or the N grade. If you cannot attend classes for valid reasons, be sure to let your advisors and professors know (before you miss class if possible). IUP is committed to helping students succeed. Reach out to the Academic Success Center if you need any help in planning your class attendance or academic workload. Checks are made on attendance during the first week, at about midway through the term, and at the end of the semester. Regular attendance is key to your success.
If you drop below 12 credits, which drops you below full-time status as an undergraduate student, it can seriously affect your financial aid. Graduate students are full-time with nine credits (see below).
Graduate students are full-time with nine credits, with some exceptions.
If you drop a class or if one of your classes is canceled at the beginning of the semester, your course load may drop below 12 credits. You should talk to your advisor or the Registrar’s Office about the need to add credits to maintain full-time status.
If it is past the drop-add period, and you are considering withdrawing from a class, first talk to the Financial Aid Office, your professor (or the department covering that class), and possibly the Registrar’s Office before you drop the class. Do this quickly, because the date you drop the class is a factor in how it impacts your financial aid. More information on how drops and withdrawals affect financial aid is on the website. It may be better for your financial aid to stay in the class, get help, and finish it rather than to withdraw from it.
If you are worried when scheduling that you could potentially leave a class mid-semester, you may want to talk to your advisor about taking 15 credits that semester. Also, if your schedule includes a course that was previously passed two times, that course will not be counted toward enrollment for financial aid purposes for that semester.
To be eligible for federal and state financial aid as a part-time student, you must be enrolled at least half-time in a degree-seeking program.
PHEAA (Pennsylvania Higher Education Assistance Agency) State Grants, Federal Work Study, Federal Supplemental Educational Opportunity Grants, Federal Direct Subsidized/Unsubsidized Loans, and Federal Direct PLUS Loans are all included in federal and state financial aid. Part-time status is six credits of undergraduate level coursework for undergraduate students, or 4.5 credits of graduate level coursework for graduate students, though graduate students can be full-time with fewer credits under some circumstances.
Your grades are connected to your financial aid. You must maintain satisfactory academic progress or it could affect your financial aid. (Also, withdrawing can affect your financial aid.)
If you are having trouble with your classes, see your professors, your advisor, or the Academic Success Center for help. You may also want to talk to someone in the Financial Aid Office, because it can affect your aid.
Not meeting the requirements can lead to a loss of financial aid funding from all Title IV programs. Title IV programs include the Federal Pell Grant, the Federal Work Study Program, the Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Direct Loans, Federal Parent PLUS Loan (for undergraduate students), and Federal Graduate PLUS Loan (for graduate students). IUP cannot waive the Satisfactory Academic Progress requirement for any student in order to allow them to receive federal financial assistance. Before withdrawing from a class, talk to financial aid about how withdrawing could affect your aid. You may be better off continuing the class and getting help to improve your grade if withdrawing could cause you to lose your financial aid.
When you apply for financial aid and scholarships, you invest in your
education. You invest In yourself and what you want to achieve.
New and continuing IUP students can search and apply for university scholarships by completing the IUP General Scholarship Application.
The FAFSA is the main financial aid form. You need to do it each year you are seeking financial aid. It’s the form the government uses to determine how much federal or state (if you’re a Pennsylvania resident) grant, loan, or work study money you’re eligible
for. Start the process by following the steps we outline.
For the 2019–20 academic year, you can begin filing October 1, 2018, using 2017 tax year information. Watch the video below for more information on the FAFSA process.
The 2019–20 FAFSA Is Now Available!
IUP Code: 003277
Estimate your cost to attend IUP, including tuition, fees, and room and board.
To protect your information, anyone calling on your behalf must be identified as “permitted to obtain financial record information” on the Student Authorization Record on MyIUP. If you want to give someone permission for these records, you can go to MyIUP
(see Personal Info, Student Information, Record Release Authorization) to list the person. They will need to know the security keyword and phrase that you set up with permissions. Thank you for helping us comply with federal privacy regulations.
Connect with the Office of Financial Aid on Facebook
More IUP Social Media
Get the Facts About Your IUP Finances on Your Time
2019–20 FAFSA Application Available Now
Mobile FAFSA App Now Available for 2018–19 Academic Year
PHEAA 2018–19 Update
Avoiding Loan Scams
Temporary Expanded Public Service Loan Forgiveness Opportunity Now Available
Federal Tax Benefits for Higher Education, 2017 Tax Year