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Application Process

Applications for financial aid are available beginning in January for the following academic year.  It is important for you to apply early.  Students who complete their application by March 15th priority deadline increase their potential to receive the maximum aid available from each of the financial aid programs.

Students often find the financial aid application process confusing.  To help you apply for financial aid and understand the process, the major steps are outlined below:

Step 1: Submit the Free Application for Federal Student Aid for 2014-15

In order to submit your Free Application for Federal Student Aid (FAFSA) you will need to complete your 2013 Federal Tax Return. If you are applying for the Health Professions Student Loan you will also need to complete the parental section of the FAFSA (regardless of dependency status).  This loan is offered to “economically disadvantaged students’.  To complete the Free Application for Federal Student Aid (FAFSA) visit the FAFSA website. The University of Louisville School Code is 001999, if you are in need of help, contact the FAFSA help line at 800 801-0576.  (Please use the IRS DATA RETRIEVAL TOOL to import your 2013 tax data into your application)

.Should I Provide Parental Information?

The School of Dentistry applies for funds from the Department of Health and Human Services for the Health Professions Student  Loan.  Parental information is needed for this loan program to determine who is eligible. Therefore, you must provide the parental data even though you will be completing the FAFSA as an independent professional student. Please feel free to contact Barbara Dagnan if you have any questions.

Step 2: Submit the free Application for Federal Student Aid and Student Aid Report

  • Timeline: After the FAFSA is completed online

The Free Application for Federal Student Aid (FAFSA) is submitted to the Federal Processing Center for analysis. The processing center will e-mail a Student Aid Report (SAR) to you and the Financial Aid Office.  Step 3: Verification or Missing Documentation

  • Timeline: 2-8 weeks later

You will be chosen for verification if you have completed the parental part of the FAFSA in order to try and qualify for Health Professions Loan. You will be asked to submit the following through ULink. Please follow the directions for first-time users. What you need:

  • IRS Data Retrieval will import the student and parental federal tax information to UofL - however we may have to request a copy of the IRS federal tax transcript
  • Verification worksheet for both the student and parents (provided from the Financial Aid Office via ULink)
  • Both verification forms are to be returned to:
    Barbara Dagnan
    Director of Financial Aid for the School of Dentistry
    Email Barbara Dagnan

    University of Louisville
    Office of Student Financial Aid Instructional Building, Suite 230
    School of Dentistry
    Louisville, KY 40292

Please Note: If the school needs additional information from you a notificaiton will be sent to your UofL email account - you may review your "Things To Do List" via Ulink  - www.louisville.edu

Step 4: Financial Aid AWARD

  • Timeline: Mid-May to June

The Financial Aid Office will calculate your eligibility and forward an email Financial Aid Award Notification (FAN) to you. The email will direct you to ULink to view your financial aid award. You may accept all financial aid (loans) via ULink.

Step 5:  Master Promissory Note(s)

The Master Promissory note (s) stafford and/or graduate plusare only completed once during your enrollment at the School of Dentistry.

To complete your master promissory note(s) ahead of time go to Direct Loans

www.studentloans.gov

 

Step 6: Loan Disbursement

  • Timeline: First week of classes

The school will divide your loan in two equal disbursements, which are sent to the University at the beginning of each semester.

Please note:  If you are accepting the Health Professions Student Loan - you will complete additional forms before the loan is disbursed - you will be notified directions in June.  This loan will disburse in the middle of July once all forms are submitted and approved.

Step 7:  Entrance Interview

You must complete your online entrance interview in order to receive any student loans.  This process will take 30 minutes.

Go to:   Please do the combined interview for Stafford and Graduate Plus Loans.

www.studentloans.gov

 

 

Step 8: Residual Funding

Once your account is a cleared of any charges for the current semester, the residual balance will be sent to Higher One Account- Please make sure you have selected your refund option with Higher One.  These funds will need to last you for the entire semester.

Help

Please feel free to contact Dental Student Affairs with questions 502.852.5081

Please Note:  The Financial Aid Office processes aid as quickly as possible, but we rely on you the student to turn all financial aid forms in a timely manner.

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