Federal regulations regarding use of financial aid to pay prior year charges, paying non-institutional charges, and accepting financial aid Terms and Conditions have changed for the 2012-2013 academic year. If the Eligibility Requirements screen says you need to fulfill a “PY” (Automatic Authorization to Pay Prior Year Charges), a “TIV” (Automatic Authorization to Pay Non-Institutional Charges) and/or a “TRMCND” (Financial Aid Terms & Conditions Agreement), you will complete these authorizations electronically.
|1.||Go to CougarNet at siue.edu/cougarnet|
Click “Enter CougarNet with your e-ID” (1st option) or
“Enter CougarNet with your University ID” (2nd option)
|3.||Click “Financial Aid” (3rd option) or (3rd tab)|
|4.||Click “Award” (3rd option)|
Click “Award for Aid Year” (1st option)
|6.||Click Drop-down menu for Select Aid Year|
|7.||Select correct aid year; Click “Submit”|
Click on the General Information tab (1st tab). Any headings in red must be completed; gray means you have completed the requirement. To complete a requirement:
|9.||Click on Resources/Additional Information tab (3rd tab)|
Read each Authorization and click on the drop-down box to the right. You must accept/deny each Authorization and click Submit Information.
|11.||Read the Terms and Conditions; click on Accept or Do Not Accept.|
To be eligible to receive any financial aid in the 2012-2013 academic year, you must “Accept” the Terms and Conditions.
Important Information Regarding Verification Documentation
According to Federal Regulations effective with the 2012-2013 award year we are no longer allowed to accept copies of Federal Income Tax forms. We are only allowed to accept an official Federal Tax Return Transcript from the IRS. Since you were selected for verification you may need to obtain an official Federal Tax Return Transcript for yourself, and your parent(s) if applicable, by calling the IRS at 1-800-908-9946 or on the web at www.irs.gov .
It could take up to 10 weeks (only 10 days to 2 weeks if you filed electronically) for you to receive your tax return transcript(s); therefore, you need to call right away. Remember, the longer you wait to turn in your verification documents the longer it could take to complete your file and receive your award notification for the 2012-2013 award year. It is possible, if you wait too long, your financial aid will not be available when bills are due for the fall.
As an alternative to the tax return transcript, if it has been at least two weeks since you have electronically filed your 2011 tax return, or 6 weeks if you mailed your tax return, you may choose to update your FAFSA by using the IRS Data Retrieval Tool that is imbedded in the FAFSA. It can be found at the beginning of the Financial Information section of the FAFSA. Submitting your tax information in this matter may result in the request for the Tax Return Transcript to be waived.
For information on tax transcripts needed and additional documents required for verification please see CougarNet. As usual, if you have any questions you may email us at email@example.com, call us at 1-618-650-3880, or visit us at 2308 Rendleman Hall.
Is the Financial Aid Office requesting any documents? To find out,
|1.||Go to CougarNet at siue.edu/cougarnet|
Click "Enter CougarNet with your e-ID" (1st option) or
"Enter CougarNet with your University ID" (2nd option)
Click “Financial Aid” (3rd option) or (3rd tab)
|4.||Click “Eligibility” (2nd option)|
|5.||Click Drop-down menu for Select Aid Year|
|6.||Select correct aid year; Click “Submit”|
|7.||Current Academic Year Requirements will appear|
|8.||“Established” means the document must be turned in to our office IMMEDIATELY!|
If you wish to view a year different from the current year, click on “Select Another Year” at the bottom of the screen
Are you in danger of losing your financial aid eligibility?
If you answered "YES" to any one of these questions, your financial aid could be terminated.
What can I do if my financial aid is terminated?
File an appeal. If extenuating circumstances (illness, death in the family, etc.) contributed to your lack of satisfactory academic progress, you may request an appeal. Appeal forms can be found at siue.edu/financialaid/forms.shtml.
For more information about the new policy, visit siue.edu/financialaid/pdf/sap.pdf.
You can always check your financial aid status on CougarNet.
Financing your education doesn't have to be a mystery. Southern Illinois University Edwardsville has one of the lowest tuition and fee rates in the state of Illinois. That keeps our total cost of attendance financially manageable for students and parents.
The SIUE Office of Student Financial Aid can help you put together a combination of grants, student loans, parent loan, student employment, scholarships and tuition waivers to fund your education. In 2010-2011, the Student Financial Aid office has administered more than $158 million in aid for SIUE students.
Once you're an admitted SIUE student, you can check on your personal student records through CougarNet. Once you're enrolled and financially cleared, you can find a student job through Student Employment.
Remember to put the Southern Illinois University Edwardsville School Code (001759) on your list of selected colleges.