Contact Financial Aid

Office: Kearney Hall, 204
Phone: (585) 385-8042
Fax: (585) 385-8044
Email: finaid@sjfc.edu

Financial Aid FAQs for Undergraduate Students

General FAQs | New/Prospective Undergraduates | Current Undergraduates

General Financial Aid FAQs

New/Prospective Undergraduate Student Financial Aid FAQs

Current/Returning Undergraduate Student Financial Aid FAQs


General Financial Aid FAQs

When will we be notified about the amount of financial aid we can expect?

Accepted New Students who have completed the FAFSA by February 15 should expect to receive a financial aid award letter by the end of March.

Returning Students will be emailed notification that their award information is available on Fish 'R' Net in June if all requested documents have been submitted and processed.

Are tuition payment plans available?

Yes, St. John Fisher College does have a payment plan. The payment plan enables you to pay your balance due in monthly installments. For more information, please Payment Options on the Bursar's Office website.

If my parents are divorced or separated, which parent should complete the FAFSA?

You should answer the questions using information about the parent that you lived with more during the past 12 months. If you did not live with one parent more than the other, give answers about the parent who provided the most financial support for you (e.g. money, gifts, loans, housing, food, clothes, medical expenses.)

Is it too late to apply for financial aid?

Probably not. The FAFSA (Free Application for Federal Student Aid) takes approximately 1 week to process. Financial aid can be calculated and awarded to students once we receive the FAFSA data. It is recommended that you apply for the FAFSA online and keep a copy for your records before submitting it. We are not able to retroactively process financial aid after a student's last term of enrollment.

My Student Aid Report (SAR) indicates I have been selected for verification. What does that mean?

The Department of Education randomly selects students to have their submitted FAFSA information verified by the school. St. John Fisher College notifies students by mail and/or email of any required documentation needed to complete the verification process. Students selected for the verification process are encouraged to make a correction to their FAFSA after they have filed their 2013 Federal Tax Return and use the IRS Data Retrieval process to update student (and if applicable, parent) income information. Using the IRS Data Retrieval process will simplify and expedite the verification process.

» Check out a short IRS Data Retrieval video on YouTube for more information.

Dependent students selected for verification will be required to submit a copy of their and their parent(s) 2013 Federal Tax Transcript, a copy of their and their parent(s) W-2's, and the SJFC Dependent Verification Worksheet [pdf]. Independent students selected for verification will be required to submit a copy of their and their spouse's (if applicable) 2013 Federal Tax Transcript, a copy of their and their spouse's (if applicable) W-2's, and the SJFC Independent Verification Worksheet [pdf]. You can obtain a Federal Tax transcript online, call 1-800-908-9946, or complete IRS Form 4506T-EZ. Student and parents that transferred and did not modify income information using the IRS Data Retrieval process, may not have to submit a tax transcript.

SJFC's Financial Aid Office has requested a Sibling or Spouse/Child Enrollment Verification Form. What does this mean?

The Financial Aid Office is requiring you to complete the Sibling Verification Enrollment Form [pdf] (for dependent students) or the Spouse/Child Enrollment Verification Form [pdf] (for independent students) because you reported more than one in college on your FAFSA. The St. John Fisher College student completes Section A, the other student in the household completes Section B and then submits the form to his or her college for enrollment verification (or attaches an enrollment verification certification) after he or she has enrolled for the 2014-15 academic year. The Financial Aid Office will continue processing your financial aid application; however, until this completed form is received, funds will not be disbursed to your account. This outstanding requirement will NOT hold up any credits to your account.

How can I be declared an independent student?

In order to be considered independent for the 2014-15 aid year, a student must be born before January 1, 1991, be enrolled in a master's or doctorate program, be married at the time of filing the FAFSA, have dependents who receive more than half of their support from you, be a veteran of the U.S. Armed Forces, or be currently serving on active duty in the U.S. Armed Forces for purposes other than training. You can also be declared an independent student if since you turned age 13, both your parents were deceased, you were in foster care or you were a dependent or ward of the court; you are or were an emancipated minor or in a legal guardianship as determined by a court in your state of legal residence; at any time on or after July 1, 2013 a high school or school district homeless liaison, director of an emergency shelter or transitional housing program funded by the U.S. Department of Housing and Urban Development, or a direct or a runaway or homeless youth basic center or transitional living program determined that you were an unaccompanied youth who was homeless or was self-supporting and at risk of being homeless. Additional documentation may be requested by the Financial Aid Office.

Will I receive the same amount of aid every year?

Financial aid is reviewed annually and requires you to file the file the FAFSA each year that aid is requested. The FAFSA filing priority deadline for St. John Fisher College is February 15th of each year for new students and April 1st for returning students. An award is continued if the student is making satisfactory progress toward a degree, is in need of financial assistance and meets academic requirements of merit scholarships. Substantial adjustments in aid from year to year are seldom made unless there is a significant change in family financial need.

What happens if my family's circumstances change after I'm in school?

Students or parents are encouraged to call the Financial Aid Office if a situation arises which affects their ability to finance the student's education. Examples of change in circumstances which warrant a re-evaluation would be a loss of job, separation/divorce, death, high medical expenses, etc. Additional documentation may be requested by the Financial Aid Office depending upon the circumstance.

What are the school codes for St. John Fisher College?

The Federal School Code for St. John Fisher College is 002821.
The New York State Undergraduate TAP Code is 0735.

What happens if my parent is denied for the Federal Direct Parent PLUS loan?

Upon receipt of notification of the denial, you will be awarded additional funds in Federal Direct Unsubsidized Student Loan.


New/Prospective Undergraduate Student Financial Aid FAQs

What forms are needed in order to apply for financial aid?

St. John Fisher College requires the FAFSA (Free Application for Federal Student Aid) to be completed. Also the New York State TAP application needs to be completed if the student wants to be considered for a New York State grant.

What forms need to be completed for scholarships?

For prospective undergraduate freshman, please see the Freshman Admissions website regarding scholarships.

For prospective undergraduate transfer, please see the Transfer Admissions website regarding scholarships.

Are all families expected to contribute towards educational expenses?

Yes, this is one of the fundamental assumptions made by colleges when awarding aid. If the student is considered a dependent student based upon the definition established by the Department of Education and therefore parental income and asset information was required on the FAFSA, then the expected family contribution will include amounts from both the student and parents according to their respective incomes and assets. The contribution for students who are deemed financially independent of their parents is based on the student's income and assets, as well as those of the student's spouse if married.

What does the EFC number on my Student Aid Report (SAR) mean?

The data reported on your FAFSA is used to calculate the Expected Family Contribution (EFC) value. This value is used to determine your federal aid eligibility. St. John Fisher College uses this value as a guideline for determining your aid eligibility. The Federal EFC value is not necessarily your out-of-pocket cost to attend St. John Fisher College.

How does the Federal Work-Study Program work?

This award provides employment opportunities in various campus offices. Work-Study awards are offered to students with financial need. Students are paid at an hourly rate and receive paychecks every two weeks. Work-Study funds are not applied to the student's bill. Students are responsible for finding employment on campus. Jobs are posted on the College's Career Center website.

What is the difference between a grant and a loan?

Grants and scholarships are considered "gift aid." Gift aid is "free" money that does not have to be repaid. Loans are considered "self-help" programs. Loans have to be repaid by the borrower.

What is the difference between a subsidized and an unsubsidized Federal Direct Student Loan?

The Federal Direct Subsidized Student Loan is awarded on the basis of financial need. The federal government pays the interest on the loan during the time you are enrolled in college at least half time. The Federal Direct Unsubsidized Student Loan is not awarded on the basis of financial need, and you are charged interest from the time the loan is disbursed until it is paid in full.

Will outside scholarships affect my financial aid package?

Yes, if you accept any subsidized federal source of student aid, you are required by law to notify the Financial Aid Office of any outside awards you will receive. These figures will be used in the calculation of your financial aid award. Students cannot exceed their federal demonstrated need with any form of need based financial aid. If a package has already been awarded, adjustments will be made as necessary. Loan amounts and work study allotments are the first components of a financial aid package to be altered.

How do I change my housing status (from on campus to commuter or from commuter to on campus)?

Please contact the Admissions Office. They will update your status and notify the Financial Aid Office. You will then receive an updated Financial Aid award letter reflecting your housing change.

How will my aid be disbursed to me?

Once all requested documentation has been received and processed by the Financial Aid Office, your awards will be disbursed to St. John Fisher College's Bursar Office to be applied towards any outstanding balance. Any credit balance will be disbursed to you by the Bursar Office.

How do I pay for books before I get my refund?

If a student has a credit balance, they may transfer anticipated credit from their student account to their Cardinal Cash Account to use in the College bookstore. Anticipated credit can be transferred by completing a Transfer Request form at the Bursar's Office. The credit will be available to use in the bookstore approximately one week before classes being. The Bursar's Office website has much more information about Cardinal Cash.

If a student is not planning to purchase books from the College bookstore and they have a credit balance, a refund check will be issued after classes begin to reimburse/use for any education related expenses.

How do I get loans from my previous school deferred?

Obtain a loan deferment form from you lender and have the Registrar's Office complete it. You can view information regarding your Federal loans on the National Student Loan Data System website.


Current/Returning Undergraduate Student Financial Aid FAQs

Can I apply financial aid toward a study abroad program?

When you participate in a study abroad program, you may be able to utilize most financial aid money toward program costs. Please see the Study Abroad Fact Sheet [pdf] for more information. We recommend you make an appointment with a financial aid counselor to discuss your costs and financing options for a study abroad program.

What is the average student loan indebtedness of the college's graduates?

The average student loan indebtedness of St. John Fisher College's graduates is $31,611.

Do I need to re-apply every year for aid or is it automatically renewed?

You need to re-apply every year. Aid eligibility is reviewed annually and requires you to file the Free Application for Federal Student Aid (FAFSA) each year that aid is requested. The FAFSA filing deadline for St. John Fisher College returning students is April 1st of each year. TAP Grant eligible students also need to complete the TAP application every year.

Can I use my aid for summer classes?

If you are taking 6 or more credit hours and are a full-time undergraduate student, please make an appointment to meet with a financial aid counselor. If you are taking 6 or more credit hours and are a part-time undergraduate student, please complete and submit the Summer Financial Aid Request Form.

What happens to my aid if I move to off-campus housing?

Your aid will remain the same, unless you receive the Room Grant, First Generation Scholarship, and/or the Service Scholarship. These awards will either be reduced or eliminated. Your aid will pay to your account first towards tuition and fees. Any credit balance on your account will be refunded to you during the semester by the Bursar's Office.

What happens to my aid if I drop a class?

We recommend that you review the Bursar Office refund policy and the Satisfactory Academic Progress Policy Brochure [pdf] for financial aid. If you have any questions, contact a financial aid counselor.

What happens if I receive an outside scholarship after I have already received my aid?

If you accepted and/or received any subsidized federal source of student aid, you are required by law to notify the Financial Aid Office of any outside awards you will receive. These figures will be used in the calculation of your financial aid award. Students cannot exceed their federal demonstrated need with any form of need-based financial aid. If a financial aid package has already been awarded, adjustments will be made as necessary. Loan amounts and work study allotments are the first components of a financial aid package to be altered.

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