Insure every potential student of NOVA has the opportunity, access and information needed to maximize their financial aid benefit. This includes using scholarships, grants, loans and work-study opportunities to make their college education more affordable than they ever thought possible.
The best way to complete the Free Application for Federal Student Aid (FAFSA) is early, online and without any mistakes. FAFSA_Tips&Mistakes_2014
NOVA Financial Aid has contracted with Financial Aid Services (FAS) to help you, and your family, complete the verification process, if required after filing your Free Application for Federal Student Aid (FAFSA). The U.S. Department of Education Central Processing System (CPS), or the school, selects applications for verification. Because students sometimes make errors when completing the FAFSA, or verification documents, this can become a tedious process and sometimes leads to delays in processing financial aid awards.
FAS will be assisting selected NOVA students with verification through an online interview process. The verification interview process will walk you and your family through a series of questions to assist you in providing the needed information to complete verification. Once you have completed the process, FAS will then make any required corections and forward to NOVA for processing.
It is important to remember, the “To Do List” in your MyNOVA account and the new Financial Aid Dashboard will be your primary sources of information for what you need to provide to process your application. Links to all required items will show on your Financial Aid Dashboard. Within the Dashboard, if selected for verification, you will be directed to the FAS Verification website at www.SSCwp.org. You will be able to track what is needed and can complete most of this verification work on the FAS website. Please watch for e-mails from verification@SSCwp.org and respond as quickly as you can. Your prompt response to all requests will accelerate the review of your request for financial aid for 2014-2015.
NOVA Financial Aid may be requesting other documents from you, and you must submit those documents directly to the Financial Aid Office via fax, online or in person at your campus financial aid office. The FAS verification interview will not be open to you until NOVA has received and accepted documents due directly to NOVA. When accepted, they will no longer show on your To Do List or within the Financial Aid Dashboard.
The verification interview process will reduce the amount of time it will take for students to complete the verification process as well as reduce the number of errors and/or rejected documents. NOVA financial aid is excited to be providing this service, and we are committed to assisting our students in funding their educations.
If you have additional questions or concerns, contact our Financial Aid Support Center at 1-855-323-3199, or stop by your campus financial aid office.
Check out the latest issue of ‘The Financial Aid Greenback,’ our quarterly Financial Aid newsletter. This issue we give you additional information on NOVA’s new Verification Interview process, the 150% loan eligibility guidelines, the new Financial Aid Dashboard with E-Forms and spring book purchase information. This newsletter is designed to help students and staff members stay up-to-date on the latest and greatest in the world of financial aid.
Students with pending financial aid can purchase books against their excess financial aid beginning online on Dec. 30. Campus bookstore purchases begin on Jan. 2 and continue through the term census date, Jan 30. Students must sign a statement allowing the charges and must purchase all desired and required books/materials by Jan 30. Students enrolled or planning to enroll in later starting classes who desire to use their financial aid to purchase books must do so during this purchase period. Students who are awarded after the term census date will not be able to charge bookstore purchases against their undisbursed financial aid award until a second book purchase period opens prior to the second eight-week session.
If you have any questions or concerns, contact the Financial Aid Support Center at 855-323-3199 or your campus financial aid office.
Starting with the 2014-2015 financial aid award year, NOVA Financial Aid will begin its transition to the use of online forms (E-Forms). These forms will be available via the NOVA Financial Aid Dashboard website and will be directly linked to a student’s MyNOVA “To Do List’ log-in and electronic signatures will be used. The addition of E-Forms will greatly increase the financial aid office’s ability to process FAFSA applications.
Online forms will be presented to students via the Financial Aid Dashboard which will be accessed via the NOVA website and a secure log-in. Once students have logged into the dashboard, they will access their required documents – “To Do List” – as seen in MyNova; forms will be directly linked to E-Form versions, and students will then have the option to complete and submit them via the dashboard. For those forms that are not in the E-form format, students will access the College Forms Library for normal download, completion, and submission.
The most noticeable change will be to the financial aid forms page. This page will now serve as the entry page to the Financial Aid Dashboard, where students can log in and view, complete, and submit requested financial aid forms. In addition, this page will also host video tutorials on how to access and use this system.
Please continue to check the financial aid page of the NOVA website and your NOVA e-mail for updates as this process moves forward. While this change may be a bit unsettling in the beginning, bear in mind that this will greatly improve the financial aid application process and reduce the time it takes for students to view and accept their financial aid awards.
In order to receive financial aid, a student must have the equivalent of a U. S. high school diploma. The U.S. Department of Education requires colleges that receive federal funds to adopt procedures to determine the validity of a student’s high school completion status when the student applies for Federal Student Aid (FSA).
Students who possess a high school diploma that is determined to be invalid are ineligible to receive financial aid. A diploma will be considered invalid if there is reason to believe that limited coursework was required to receive the diploma and/or a fee was charged by the agency that issued the diploma.
Requirements considered to be the equivalent of a high school diploma changed 7-1-2012. Students who wish to receive financial aid may establish eligibility by completing one of the following requirements if they do not have a valid high school diploma and did not complete a homeschool curriculum recognized by the state in which they lived at the time. [Enrollment means actively registered and attending classes.]:
First enrolled in an eligible program prior to July 1, 2012 –
1. Completed GED
2. Passed an approved Ability to Benefit Test and earned the minimum required score
3. Enrolled in and passed a minimum of six curriculum credit hours
4. Transferred six credit hours from a previous institution
First enrolled in an eligible program after July 1, 2012 –
1. Completed GED
Students meeting other admission requirements will not be denied admission to NOVA but will not be eligible to receive financial aid until high school completion requirements are met. As of the 2013-2014 award year, high school completion is a verification requirement for selected students. If asked to submit this information, please do so promptly for your application to be processed. Contact your campus financial aid representative if you have questions regarding this requirement.
How does this work? The Virginia Community College System (VCCS) and NOVA Financial Aid have teamed up to roll out the Financial Aid Shopping Sheet for the 2013-2014 award year. The Financial Aid Shopping Sheet (PDF) is a consumer tool developed collaboratively by the Consumer Financial Protection Bureau and the Department of Education. The standardized form is designed to simplify the information that prospective students receive about college costs and their financial aid awards so they can easily compare award packages and costs to make informed decisions about where to attend school.
The Shopping Sheet pulls together essential information for the potential student. This includes the specific cost of attendance, a summary of awarded aid, and the FAFSA calculated Expected Family Contribution (EFC). Additionally, the Shopping Sheet includes loan repayment information, institutional loan default rates, and graduation rates. Putting this information in a standardized format will enable students and their families to make the most informed decision about college attendance.
To view your Shopping Sheet, log in to your My NOVA account >VCCS SIS: Student Information Center >Self Service >Student Center; scroll down to Finances >View Financial Aid >financial aid year (2014). Select NOVA Shopping Sheet.
Check out the latest issue of ‘The Financial Aid Greenback,’ our quarterly Financial Aid newsletter. This issue we address 150% loan eligibility, HS completion requirements, SAP Facts, and our commitment to providing superior service to our students. This newsletter is designed to help students and staff members stay up-to-date on the latest and greatest in the world of financial aid.
Check out our latest issue of the Greenback. Read about the latest changes to the Verification Process and meet some of our newest staff members.
Check out the new look of the latest issue of ‘The Financial Aid Greenback,”
NOVA’s quarterly newsletter that helps students stay up-to-date on the latest and greatest in the world of financial aid. This issue will be available in electronic form with some limited copies at your campus financial aid office.
- Help Us Help You – An update on the Financial Aid Support Center and how you can make your voice heard.
- Exactly What is “Adjustments?” – Learn more about the process of adjusting and disbursing your aid.
- Buying Books with Financial Aid – Some important tips on using your financial aid at the bookstore.
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