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How to Apply for Aid

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St. Louis College of Pharmacy is pleased to offer an easy step-by-step financial aid application process. From the links contained within these easy steps, students will have access to the following:
• Federal PIN (
www.pin.ed.gov) and FAFSA (www.fafsa.ed.gov) sites
• STLCOP Financial Aid Site: https://secure.stlcop.edu/NetPartnerStudent/ 
    o Review missing documents
    o Financial aid awards
    o Loan disbursement dates and history
    o Electronically accept aid
• Direct links for loan information and applications:
Online 
    o Federal Stafford
    o Federal Parent PLUS & Graduate PLUS
LoanConnect
    o Private Alternative Loans

If you are interested in St. Louis College of Pharmacy scholarships ONLY, e-mail the Office of Financial Aid  at: financialaid@stlcop.edu. Give us your name and STLCOP ID, and tell us you are interested in STLCOP scholarships only. We will update our records, and you will not need to complete any of the other financial aid steps.

Students seeking ALL types of aid are encouraged to complete the five steps outlined below. Suggested timeframes to complete each step are provided for your reference. Contact the Office of Financial Aid with questions at: 314.446.8328 or 800.278.5267 ext. 8328.

JANUARY/FEBRUARY

STEP 1   Obtain a student and parent federal PIN www.pin.ed.gov
STEP 2   File a FAFSA  www.fafsa.gov
                                Helpful hints for the FAFSA:
                               • Years 1 - 3  (anticipated year for 2010-11)
                                  - Degree Program = First Bachelors
                                  - Parent information will be required
                                • Years 4 - 6 (anticipated year for 2010-11)
                                  - Degree Program = Graduate Professional
                                  - In Section 2 – answer YES to:
                                     -- I will be working on a master’s or doctoral program
                                  - Parent information will NOT be required

Missouri state grant deadline = April 1, 2010
(Undergrad students only, FAFSA must be filed by April 1, all corrections must be complete by July 1.)


STEP 3   Provide the following information to the Office of Financial Aid: 
                        - demographic information 
                        Years 1 - 3
                        - SIGNED Federal Dependent Verification Worksheet, requires parent signature
                        - SIGNED copy of parent and student 2009 federal tax return (first 2 pages only)
                        - Copy of Naturalization Certificate (eligible non-U.S. citizens)

                        Years 4 - 6
                        - SIGNED Federal Independent Verification Worksheet 
                        - SIGNED copy of 2009 federal tax return

FEBRUARY - APRIL

STEP 4   Schedule a financial aid appointment AFTER:
                - Incoming first-year student: received acceptance and paid deposit          
                - All students:
                        + FAFSA form has been completed
                        + All College-requested documents are on file with the Office of Financial Aid     

               Appointments:
                -  Incoming first-year students should schedule a one-hour appointment
                -  Returning students should schedule a half-hour appointment, or one-hour appointment if parents are
                   attending.

               Accepting awarded aid:
               The following steps should be completed each time new aid is processed/received
                1. Go online to https://secure.stlcop.edu/NetPartnerStudent/ 
            2. Sign on with your student ID and NetPartner PIN
            3. Go to "Accept Awards" tab; change status from "Pending" to "Accepted"; click "Submit."

STEP 5   Loans:

Steps for Federal loans can be completed online.

FEDERAL STUDENT LOANS:
First-time borrowers in the Federal Student Loan Program, regardless of year or a change in lender, must complete the following steps:

  • Complete the Application/Master Promissory Note.                                                                        
  • Click on "Entrance Counseling."
  • Go online and follow the "Accept Awards" steps.

Students are eligible to borrow under the Federal Stafford Loan Program as follows:

UNDERGRADUATE LEVELS:

Grade Level        Dependent Eligibility            Independent Eligibility                             
1st Year             $3,500 + $2,000 (Unsub)     $3,500 Subsidized + $6,000 Unsubsidized
2nd Year            $4,500 + $2,000 (Unsub)     $4,500 Subsidized + $6,000 Unsubsidized
3rd Year             $5,500 + $2,000 (Unsub)     $5,500 Subsidized + $7,000 Unsubsidized

GRADUATE LEVELS:

4th Year      $8,500 Subsidized + $12,000 Unsubsidized + $12,500 Additional Unsubsidized*
5th Year      $8,500 Subsidized + $12,000 Unsubsidized + $12,500 Additional Unsubsidized*
6th Year      $8,500 Subsidized + $12,000 Unsubsidized + $16,667 Additional Unsubsidized*
*Additional Unsubsidized Stafford Loan eligibility requires FULL-TIME enrollment.

PARENT LOANS:
Federal Parent PLUS Loans are credit qualifying loans.

  • Complete the Application/Master Promissory Note.
  • Once the lender has received all requested information, they will send an electronic certification request to the College, who will certify the loan up to Cost of Attendance (COA), less aid.
  • The College will post the loan on your "Award" tab.
  • Go online and follow the "Accept Award" steps.

STUDENTS RECEIVING A FEDERAL PERKINS OR HEALTH PROFESSIONS LOAN:
Federal Perkins and Health Professions Loans are need-based loans. The college receives an allotment of funds from the Department of Education. Funds are awarded based on federal need calculations (EFC) on a first-come, first-served basis. Funds are usually depleted by early to mid-April.

PRIVATE STUDENT LOANS are credit-qualifying loans that usually require a credit-worthy co-signer. They may be processed at LoanConnect:

From the "Private Loan" tab:

  • Scroll down to "Select a Lender," and click "Apply."
  • Complete the application/promissory note *Processes between lenders vary. Some parts of the process, including promissory notes, may be completed outside of the online process.
  • Once the lender has received all requested information, they will send an electronic certification request to the College, who will then certify the loan up to cost of attendance (COA), less aid. *Cost of attendance can include items billed through the school plus additional "living expenses."
  • The College will post the loan on your "Award" tab. 
  • Go online and follow the "Accept Awards" steps.

PERKINS LOAN - awarded based on the availability of funds:

  • Need range: EFC of 0 to 2000.
  • Master Promissory Note will be completed at the financial aid appointment.
  • No entrance interview required.

HEALTH PROFESSIONS LOAN (HPSL) - awarded based on the availability of funds:

  • Need range: EFC of 2001 to 7500.
  • Master Promissory Note will be completed at the financial aid appointment.
  • Entrance interview required

 

Contact the Office of Financial Aid at 800.278.5267 ext. 8328 for further assistance.


 


 

 
 
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