Frequently Asked Questions

General Financial Aid

Grants

Loans

Scholarships

 

 General Financial Aid

How do I contact the Financial Aid Office?

The Arkansas Tech Financial Aid Office is located on the first floor of the Doc Bryan Student Center, Suite 117.

Our mailing address:

1605 Coliseum Drive, Suite 117
Russellville, AR  72801

Our phone number, fax number, and office e-mail address:

PH:  479-968-0399
FAX:  479-964-0857
fa.help@atu.edu

What are the office hours for the Financial Aid Office?

We are open from 8 am - 5 pm Monday through Friday. We close from 12 - 1 on Wednesdays for a staff meeting.

What is Arkansas Tech's Title IV School Code?

Our Title IV school code is 001089.  If you want your Free Application for Federal Student Aid (FAFSA) sent to us, you need to put this number on the FAFSA.

 How do I apply for financial aid?

Financial Aid Process

When will I get my refund?

Refund dates and other important dates are posted on the Student Accounts web site at  http://www.atu.edu/stuaccts/importantdates.php.

Top of Page

 Loans

How do I apply for a student loan?

If you are eligible, once you complete the FAFSA and all subsequent paperwork, a loan will automatically be offered to you.  You will be notified through your ATU e-mail address once your student aid offer is available to view.  You will then be able to accept or decline your aid by using OneTech.

How many hours are required for loan eligibility?

Undergraduate students must be enrolled in at least 6 hours of undergraduate classes and graduate students must be enrolled in at least 5 graduate hours to receive loans.  All students must begin and remain in attendance through the 100% tuition refund period for each class to receive this loan.  You may not receive a disbursement on an approved student loan until at least six of the hours in which you have enrolled have actually begun.  For example, if you enroll in six hours for fall but three of those hours do not begin until mid-term, you would not receive your student loans until mid-term.

What is the difference between subsidized and unsubsidized Federal Direct Loans?

The main differences between the two loans are 1) subsidized loan eligibility is based on financial need, whereas an unsubsidized loan is not, and 2) the government pays the interest for the student on subsidized loans while the student is enrolled in school at least half-time.

Repayment is deferred for BOTH loans until six months after the student graduates or stops attending school at least half-time. 

Am I required to complete entrance counseling and a Master Promissory Note (MPN)?

All first-time loan borrowers must complete both the entrance counseling and MPN.  Go to http://studentloans.gov and sign in to complete the requirements.  Notifications will be sent electronically to the school within 24 hrs.  You will only have to complete these once during your time at ATU.    

Will I have to wait for my loan funds to disburse to my account?

All Freshman first-time borrowers have a 30 day delay (from the 1st day of class) on the initial loan disbursement.  Also, if the loan is for one semester you will receive half of the loan at the beginning of the semester and the remaining half at the mid-point of the semester.

Will I have loan money to pay for summer classes?

Generally, all loan eligibility is awarded during the Fall and Spring semesters.  In order to use loan funds to pay for summer classes, you will need to reserve money from Fall or Spring to pay for summer charges.

Top of Page

 Scholarships

How much is my scholarship?

Refer to your original scholarship award notice or go to http://www.atu.edu/admissions/scholarships.php  to determine the maximum award for Tech scholarships.

What is the last day to update my schedule for the hours to qualify for my scholarship's minimum enrollment?

For either the Tech scholarships or the Arkansas Department of Higher Education (ADHE) awards, your enrollment is reported as of the 11th class day of each term.  This date varies with each term, so be sure to check with the Financial Aid Office to determine what this date is before you change your schedule.  Any additions after the 11th class day to meet the minimum required enrollment will not be considered.

When will I get my refund?

Refund dates and other important dates are posted on the Student Accounts web site at  http://www.atu.edu/stuaccts/importantdates.php.

Why has my scholarship not credited to my account?

Ask yourself the following questions.  Have you:

   
Why did my scholarship credit for the fall term, but not the spring term?

Ask yourself the following questions.  Did you:

How do I keep my scholarship?

Refer to your original scholarship award letter, the Admissions web site at http://www.atu.edu/admissions/scholarships-renewal.php, or the Undergraduate Catalog for your award year at http://www.atu.edu/academics/catalogs.php for specific details on your Tech scholarship award.  In general, students are expected to:

Can I appeal a lost Tech academic scholarship?

Under extreme circumstances, such as severe illness or a death in the immediate family, scholarship appeals are considered.  Please send a detailed letter including supporting documentation, if appropriate, to the attention of Alisa Waniewski, Coordinator of Recruitment and Academic Scholarships, 1605 Coliseum Drive Suite 141, Russellville AR  72801.  Decision notification from the scholarship appeals committee will be sent to your mailing address as recorded in our student information system.

Will I qualify for the new Freshman Incentive Scholarship for the 2014-2015 aid year?

In order to receive this one-year scholarship you must be eligible for the Arkansas Academic Challenge Scholarship.  If at any time you lose the Challenge Scholarship this award is forfeited.

  
Top of Page
 

 Grants

Under Construction - Check back soon for updates!
 






Information current as of October 30, 2014

 

©