Round 1 of funding:
Coronavirus Aid, Relief, and Economic Security Act (CARES Act) 2020- This application was open from May 13,2020-June 30,2020. The student maximum amount of emergency assistance provided by this grant was:
Round 2 of funding:
Coronavirus Response and Relief Supplemental Approiations Act (CRRSAA) 2021- This application was open from February 25, 2021- May 7, 2021. The student maximum amount of emergency assistance provided by this grant was:
Round 3 of Funding:
American Rescue Plan Act (ARP) 2021- This application was open from August 13, 2021-November 15, 2021. The maximum amount of emergency assistance that was provided by this grant was:
Round 4 of funding
American Rescue Plan Act (ARP) 2021- This application was open froom January 4, 2022-March 8, 2022. The maximum amount of emergency assistance was provided by this grant was:
Round 5 of funding:
Supplemental Support Under the American Rescue Plan Act (SSARP) 2021 – This application was expected to be open from January 4, 2023 – March 14, 2023, however, funds were depleted and the application was closed on February 15, 2023. The maximum amount of emergency assistance that was provided by this grant was:
Yes, if you are a dependent student, both you and one of your parents need separate FSA IDs, using different e-mail addresses. Your parent just needs one FSA ID and can use it for their other dependent children, or even to submit and sign their own FAFSA.
To complete the Free Application for Federal Student Aid (FAFSA®), you will need:
If you are a dependent student, then you will also need most of the above information for your parent(s).
Verification means we have to double check the information you reported on your FAFSA. Simply turn in the requested forms and documents (any red flags on OneTech) as soon as possible to our office.
Yes, we are required to officially document if you or your parent(s) did not file an income tax return and you are chosen for verification. You can request this documentation with the IRS form 4506-T. Instructions are included on this form. If you are unsuccessful with getting this information from the IRS, we have an alternate form you can submit.
YES! To receive any offered aid, you must begin and remain in attendance through the 100% tuition refund period for each class. If you do not attend, ALL of your financial aid will be returned, possibly leaving a balance due on your account.
It is imperative you check with our office if you plan on dropping any or all of your classes. Your aid may be dependent on the number of hours you attempt or complete. Talk to us before you make any schedule changes also, click to see our withdrawal information.
If your final grades consist of all “F’s,” you will receive a letter detailing the amount, if any, aid you will have to repay for the term. The amount owed is calculated using your last documented date of attendance for the term.
Financial aid will pay for only one repeat of a class in which you have already received a passing grade, this includes classes that you withdrew from after receiving a passing grade.
Normally, federal aid will not pay for mixed enrollment, undergraduates for graduate
classes and graduates for undergraduate classes, however, there are a few approved programs which do allow this combination. Please contact our office to see if your
Arkansas Tech's Federal Student Aid SAP policy is located here: Satisfactory Academic Policy
Yes, the instructions for submitting an appeal are located here. For a faster turn around, fill it out or submit it on OneTech. The instructions are included on the form.
Refund and other important dates are posted on the Student Accounts web site.
If you are eligible, once you complete the FAFSA and all requested 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 acccept or decline your aid by using OneTech.
Steps for completing a Parent PLUS loan application:
**Student must have a completed FAFSA on file to be eligible for a PLUS loan.
Go to https://studentaid.gov/plus-app/ and click on Learn More on the Parent of a Student borrower type.
A parent must log in with their FSA ID to start the application.
Complete the application as requested, making note of where the application asks for student information and borrower information. The parent is the borrower for a Parent PLUS loan.
Shortly after the application is submitted, Arkansas Tech University will receive the PLUS request and send the student an updated award notification letter.
If the PLUS loan is approved and the parent is a new borrower, a PLUS Master Promissory Note (MPN) will also need to be completed by the parent on the PLUS MPN website. If the parent has borrowed a PLUS loan prior to this application, a new MPN is not required.
If the PLUS loan is denied, we will be notified of the denial and will offer the student additional Federal Direct Unsubsidized loans if eligibility remains.
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. Note: Financial aid will pay for only one repeat of a class in which you have already received a passing grade, this includes classes from which you withdrew after receiving a passing grade- this may cause your enrollment to be below the requirement for loans. Therefore, you will not receive loan funds. Check with our office if you have a question about your schedule.
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.
All first-time loan borrowers must complete both the entrance counseling and MPN. Go to https://studentaid.gov and sign in to complete the requirements. Notifications will be sent electronically to the school within around 24 hrs. You will only have to complete these once during your time at ATU.
All Freshman first-time borrowers have a 30 day delay (from the 1st day of class) on the initial loan disbursement.
Also, for any grade level, 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.
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. If you do not accept all of your eligibility for the Fall and Spring semesters, you may have funding available. Please contact our office for student specific information.
Use the Loan Simulator to get an early look at which repayment plan you may be eligible for and see estimates for how much you would pay monthly and overall.
Yes, there are limits established for the federal loan program.
Dependent (per the Department of Education) undergraduate students may borrow a maximum of $31,000. Only $23,000 of this may be subsidized.
Independent (per the Department of Education) undergraduate students may borrow a maximum of $57,500. Only $23,000 of this may be subsidized.
Graduate students may borrow a maximum of $138,500 (this INCLUDES loans received as an undergraduate student). All graduate level loans are unsubsidized.
For either the Tech scholarships or the Arkansas Division 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.
Ask yourself the following questions. Have you:
Ask yourself the following questions. Did you:
Information about renewal requirements can be found on the Renewal Requirements webpage or in the Academic Catalog for the year of your enrollment.
Requests for scholarship reinstatements/deferments are considered by the Scholarship Appeals Committee. Students who wish to appeal for a reinstatement or deferment should put their request in writing and sent it via email to firstname.lastname@example.org or by mail to Alisa Waniewski, ATU Office of Admissions, Brown Hall, Suite 104, Russellville AR 72801. Any supporting documentation that is available should be included. Appeal decisions are made by the Scholarship Appeals Committee.
No, you don’t have to enroll in 15 hours during your last semester of scholarship eligibility. However, if you enroll in less than 12 hours, your scholarship award will be prorated based on the number of hours in which you are enrolled. You should notify the Financial Aid Office if you plan to enrolled in less than 15 hours during your final semester of scholarship eligibility.
See the Estimated Work-Study Eligibility Chart to determine an estimate of the maximum number of hours you may work per week.