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Financial Aid Award Package Policy

A Financial Aid Award Package lists the amount of aid you are eligible to receive will be mailed to you. Your award may be a combination of scholarships, grants, employment, and loans.

Your Financial Aid Award is based on your FAFSA results and on the assumption that you will register full time. The aid awarded is divided equally between the fall and spring terms. If your enrollment is less than full time, your award is adjusted based on your enrollment status for each term.

AWARD PACKAGE
Review your FAAN for accuracy. Make sure your name, address and student ID number are correct. If you are aware of additional aid you will receive, please list that amount and the source in the space provided and mail a copy back to the Office of Financial Aid . If you have no changes or corrections, we will assume you are accepting the funds awarded and you do not have to return a copy. If you do not plan to attend Howard University please notify us immediately.

You can accept aid from one source and not another. Please consider your needs when you accept or decline your awards for the entire year. The loan amount(s) offered in your package is your maximum annual loan eligibility. You may accept the full amount, reduce the amount, or decline the offer. To reduce the loan amount, cross out the amount listed and write the amount you would like to receive. Loans are disbursed in two equal disbursements, one half of the total amount each term if there is no change in your enrollment status.

You are notified of your award

Your Financial Aid Award Package details your financial aid award(s). After you have been packaged for financial aid, you will be sent notification via e-mail to review your award.You may view your financial aid package via BisonWeb .The purpose of the award package is to show you what aid is available if you decide to attend Howard University. Read the instructions carefully. You must report additional benefits or gift aid (scholarships and grants) that are not included in the award package. If you would like to decline an award, please complete the Award Declination Form . To adjust the amount of an award, please complete Request for Financial Aid Award Adjustment. These forms may be mailed or faxed to the Office of Financial Aid.

FAAN Checklist

  • Read the entire Financial
    Aid Award Package carefully.
  • If desired, reduce the
    amount of any loan award by crossing out the total offer and writing in a lesser amount.
  • Report all aid that you
    receive from other sources that are not listed in the award package.
  • Return the signed notification to the Office of Financial Aid immediately, if changes were made.
  • Keep a copy for yourself.

REVISED AWARDS
The Office of Financial Aid anticipates that your Financial Aid Award will remain as listed in the original package. However, your aid is estimated in the package. If your circumstances change, your aid amount may be revised. If you (and your family) have special circumstances, such as a significant decrease of income, or unusual non-reimbursed medical expenses, you may have them considered in determining your eligibility for financial aid. Contact the Financial Aid Office for further information about the special circumstance appeal process. If your financial aid is revised, you may receive a new FAAN. Your financial aid may be revised if you:

  • Attend less than full time
  • Do not attend the University for fall and spring terms consecutively
  • Receive scholarships, grants, waivers, tuition remission, stipends, fellowships or assistance from other outside sources not listed on your FAAN
  • Receive funds for which you are not eligible
  • Document expenses that were not reported on the FAFSA, such as childcare or disability related costs
  • Fail to sign your promissory note within five days of receipt
  • If you are granted a revision to your aid due to special circumstances by the Office of Financial Aid, Scholarships and Student Employment

Contact Information for the Federal Student Aid (FSA) Student Loan Ombudsman's Office

We are pleased to provide you with updated information to ensure that borrowers of loans authorized under Title IV of the Higher Education Act of 1965, as amended, have the most current contact information for FSA's Student Loan Ombudsman's Office.

Via e-mail: fsaombudsmanoffice@ed.gov
Via on-line assistance: http://www.ombudsman.ed.gov
Via telephone: 877-557-2575 (toll free)
  202-377-3800
Via fax: 202-275-0549
Via mail: U.S. Department of Education
FSA Ombudsman
830 First Street, N.E.
Washington, D.C. 20202-5144