APP Undergraduate Financial Aid
APP Undergraduate Financial Aid
Students may be eligible for certain financial aid loans and a limited number of grant programs; however, they are not eligible for church matching grants. Students must be accepted to an undergraduate program at NNU and have submitted the Free Application for Student Aid (FAFSA) to receive federal assistance. NNU's Federal School Code is 001624. For specific information on available aid, consult with the Office of Financial Aid 208-467-8638 or 1-877-NNU-4YOU (1-877-668-4968).
Payment of Financial Aid
Financial aid awards from all programs will be disbursed (posted to student accounts) to pay University tuition and fees when all eligibility and enrollment requirements have been met.
Students receive one-third of the year's total award each semester (fall, spring, summer) or it is disbursed equally between the semesters in which the student is enrolled. If a student is only enrolled for one semester, other regulations may apply.
Requirements for Financial AidFederal Grants and Loans
The United States Government, through the Department of Education, has made funds available for several Federal grant programs.
Federal Pell Grant: All undergraduate students are urged to apply for Federal Pell grant. Eligibility is determined by completing the Free Application for Federal Student Aid (FAFSA). The FAFSA can be submitted online at www.fafsa.gov. The Federal Pell Grant is solely determined by the Expected Family Contribution (EFC) on the FAFSA and the award amounts are determined annually by the Federal Government.
Federal Supplemental Educational Opportunity Grant (FSEOG): FSEOG awards are funds made available on a limited basis and allocated to students with the lowest Expected Family Contribution (EFC) who also qualify for a Pell Grant.
Federal Direct Subsidized Loan: These loans are low-interest, fixed interest rate federal loans borrowed through the federal government. A subsidized loan means that the government pays the interest on your loan while you are in school, in your grace period, or in deferment. A student must complete a FAFSA and a Master Promissory Note (MPN) at www.studentloans.gov to apply for this loan. Other steps such as Federal Verification may be necessary to be eligible. Students who have not borrowed, have a $0 balance, or haven't borrowed for ten or more years must also completed entrance counseling at this website. Repayment begins 6 months after graduation or discontinuance of at least half-time, degree-seeking enrollment. If any of these take place, a student should complete exit counseling at the website above to better understand repayment and their options.
Federal Direct Unsubsidized Loan: Students who do not qualify or only qualify for part of the Subsidized Loan, are eligible for the Unsubsidized Loan. An unsubsidized loan means that the government does not pay the interest on your loan while you are in school, in your grace period, or in deferment.
America Reads: The America Reads program makes funds available to institutions of higher education in order to pay University students to tutor elementary students in reading. NNU works with several schools in the community, assisting with their reading programs. The student must be eligible for Federal College Work Study funds to be eligible to participate in this program. Eligibility is determined by an Office of Financial Aid review of the completed FAFSA information, cost of attendance and other aid and is communicated to the students in their award letter. NNU pays the student on a monthly basis
Students Rights and Responsibilities
As recipients of Federal student aid, students have certain rights and responsibilities. NNU believes that knowing what these rights and responsibilities are will put students in a better position to make decisions about their educational goals and the best means to achieve them.
Student RightsStudent Responsibilities
All students must:
1. Pay special attention to the application for Federal student aid, complete it accurately, and submit it on time to the processor. Errors may delay or prevent a student from receiving aid.
2. Know and comply with all deadlines for applying or re-applying for aid.
3. Provide all documentation, corrections, and/or new information requested by the Office of Financial Aid.
4. Notify the University of any Information that has changed since applying for financial aid.
5. Read, understand, and keep copies of signed documents.
6. Repay any student loans. When a promissory note is signed, it is an agreement to repay the loan.
7. Complete entrance counseling (incoming students) and exit counseling (outgoing students) online if the student has a Federal Perkins Loan or Federal Direct Student Loan.
8. Notify the University of a change in name, address, or attendance status. If a student has a Federal Direct Student Loan, they must also notify the servicer of their loan of these changes.
Refund for Students Who Withdraw From CoursesRefund DistributionStatement of ChargesCollection Charges