From: Pat Gustavson (PGustavs@jbu.edu)
Date: Fri Feb 22 2002 - 16:58:34 EST
At JBU, Financial Aid is under the VP for Enrollment Management. The
answers supplied to me by an Aid staff member are below -- blessings!
Patricia R. Gustavson
Vice President for Finance and Administration
John Brown University
Phone 501-524-7117
Fax 501-524-9548
-----Original Message-----
From: Bruce A. Hoeker [mailto:bhoeker@gbcol.edu]
Sent: Friday, February 22, 2002 2:38 PM
To: Bursar List; ABACC Listserv
Subject: FINANCIAL AID TIMING
I have several questions about your financial aid awarding.
(1) When do you send award letters to prospective students? Do you do them
in "waves" or individually? If you do them in waves, when is your first
wave?
JBU: We send them on a rolling basis as soon as we can award.
(2) Do you estimate any federal/state awards on your award letters? Or do
you wait until you know exactly how much a student is to receive?
JBU: If the FAFSA indicates that the student's file has been randomly
selected for verification, this year we are holding those until complet.
All others are awarded on the basis of the FAFSA including federal aid. A
note on the back of the award letter indicates that Title IV funds are
contingent on final verification.
(3) Do you verify the student before sending an award letter?
JBU: In the past, no. This year, yes, if selected for verification by
ED.
Your help would be appreciated.
====================================
Bruce A. Hoeker
Vice President for Business & Finance
Grace Bible College
1011 Aldon Street S.W.
P.O. Box 910
Grand Rapids, MI 49509
Phn: 616-538-2330
Fax: 616-538-0599
Email: bhoeker@gbcol.edu
Web: www.gbcol.edu
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