Students applying for financial assistance for the 2012-2013 academic year (Fall 2012, Spring 2013, Summer 2013) must complete the following requirements:
1. You must file a Free Application for Federal Student Aid (FAFSA).
The FAFSA is required to apply for all financial aid programs. The FAFSA can be completed on the Web at http://www.FAFSA.ed.gov If you prefer, you may complete a paper FAFSA form which can be obtained by calling 1-800-4FEDAID. When you call, make sure to specify that you want the 2012-2013 FAFSA mailed to you.
Please follow the instructions carefully when completing the FAFSA! You must include "University of San Diego School of Law" and in the "Federal School Box" use our six-digit Federal Code "G06976" so that the results will be sent to the Law School’s financial aid office. The FAFSA priority filing date is March 1, 2012. The Central Processor must receive your application by this date, so file early to ensure you meet the priority filing date. This is not a deadline; however, students who apply before March 1, 2012 will have a significantly greater chance of receiving priority consideration for programs with limited funds (i.e. Perkins Loan, Tuition Credit Loan, Federal Work Study, and/or institutional scholarships).
In accordance with federal regulations, any monetary support you received from parents, friends, or other family members during the calendar year 2011 must be reported on your FAFSA under the category of "money received, or paid on your behalf." This includes any money paid directly to you, or money used to pay for your educational or living expenses (i.e. tuition/fees, books, rent/utilities, insurance, car payments, etc) even if the support was considered a loan and will be repaid at a later date. If you fail to report untaxed income, you may lose all or a portion of your financial aid awards.
Please remember to make and retain copies of your 2011 federal income tax return, W-2 Forms, and tax schedules before submitting them to the IRS. Failure to make copies may result in delays if your file is selected for verification.
2. You must file a 2012-2013 USD School of Law Institutional Financial Aid Application.
Please complete this application and return it to the Law School Financial Aid Office. We cannot review your application until our office receives the results of your FAFSA. Note: Summer requires completion of a separate Summer 2013 School of Law Institutional Financial Aid Application.
3. You may be selected for a verification process.
If your file is selected for verification by the U.S. Department of Education or by the Law School Financial Aid Office, you may be asked to complete and submit additional forms, including copies of your 2011 federal income tax return, W-2 Forms, tax schedules and analysis follow up forms. Verification is the process of confirming the accuracy of information you reported on your FAFSA. You will be notified if you are selected and given the necessary forms to complete the verification process. Your file will not be reviewed until these forms are received.
4. You will receive an Offer of Financial Assistance.
Your Offer of Financial Assistance is prepared after your file is complete and the Financial Aid Office has finished the review of all required documentation. An Offer of Financial Assistance will be emailed to you outlining the financial aid funds that you may be entitled to receive. You are not required to accept all funds offered to you. If you wish to decline any funds offered, simply notify the Financial Aid Office in writing. For your records, you may opt to print a copy of your Offer of Financial Assistance.
5. Student Loan Application(s)
If you are offered and wish to request Federal Direct Loans (i.e. Subsidized, Unsubsidized and/or Graduate PLUS) you must submit the Federal Direct Loan Request Form to the Law School Financial Aid Office. The Federal Direct Loan Request Form is available online. Once the Law School Financial Aid Office receives your completed request, we will originate your loan(s). The Department of Education may require that you e-sign a Master Promissory Note (MPN).
If you are awarded a Federal Perkins Loan or a Tuition Credit Loan (TCL) based on your exceptionally high need and/or other eligibility criteria, you may be asked to provide additional information supporting your financial need. If during the financial aid review process you are found to be ineligible for the Perkins or TCL, the Financial Aid Office reserves all rights to deny the loan and/or retroactively cancel the award from your student account. To request a Perkins or TCL Award you must print, complete, and return the appropriate loan application to the USD Loan Administration Office. The Perkins and TCL loan applications are available online. To finalize your Perkins or TCL, you must complete and return the promissory note that will be mailed to you by the USD Loan Administration Office.
If you prefer to request a Private Loan, please contact the Law School Financial Aid Office to opt out of the Federal Direct Graduate PLUS Loan. Once the Law School Financial Aid Office has been notified, you must contact the lender directly to apply for a Private Loan.
The above documents must be submitted by June 1, 2012 to minimize possible delays with tuition payment. Reminder: If your tuition/fees are not paid in full by the tuition payment deadline, the Student Accounts Office will assess a $150 late fee for that semester.
6. Entrance Loan Counseling
All first-time borrowers at USD School of Law are required by federal regulations to complete Entrance Loan Counseling prior to any federal loans being disbursed. Complete an online Entrance Loan Counseling by visiting the U.S. Department of Education Federal Student Aid homepage at www.studentloans.gov.
7. Graduating Student Requirement
In accordance with federal regulations, you will be required to complete an Exit Loan Counseling during your final semester of law school. You are also required to complete an Exit Loan Counseling if you withdraw, take a leave of absence, or drop to less than half-time status. Complete an online Exit Loan Counseling by visiting the U.S. Department of Education Federal Student Aid homepage at www.studentloans.gov.
If you have any questions regarding the financial aid application process, please call (619)260-4570.