Students that have completed all required financial aid materials will receive an Award Letter that shows the estimated amount of financial aid that they will receive for the terms they plan to enroll in. New students will received their award letter by mail and continuing students can view their Award Letter online with their MyAntioch account. Here are a few things to keep in mind when reviewing your Award Letter:
• You are not required to accept all financial aid offered to you. To make changes to your award, simply write them directly on the award letter before signing and returning to the Financial Aid Office.
• Review our award letter to make sure you have been awarded for all quarters or semesters you will be attending Summer 2013 through Spring 2014. We base your award on your estimated graduation date listed by the Registrar. If this date is incorrect, please advise the Registrar of the actual date of your graduation.
• Direct Unsubsidized Loans have 1.051% origination and default fees deducted before the funds are applied to your account.
• You must be registered at least half-time to receive financial aid each quarter. Undergraduate students must be enrolled for at least six credits, and graduate students must be enrolled for at least three credits. (Credits for BA students enrolling in prior learning are not counted).
• If you are awarded Federal Work Study, this means you are eligible for Work Study. The amount awarded indicates the maximum amount you could receive. You will need to contact the Human Resource department to secure a position.
• Aggregate loan limits for Direct loans (subsidized and unsubsidized) are $57,500 for undergraduate and $138,500 (including undergraduate loan amount) for graduates. You can review your federal loans at www.nslds.ed.gov using the same PIN you used for your FAFSA. You should consider the amount you have already borrowed when reviewing your new award letter. The money you borrow today can affect your financial future, so you should never borrow more money than is absolutely necessary to cover the cost of your education expenses.