Frequently Asked Questions
How do I apply for financial aid?
For FEDERAL, STATE and INSTITUTIONAL aid you will need to:
- Complete the Free Application for Federal Student Aid (FAFSA). Our Title IV school code is 001624.
- Complete the NNU Application for Admission, Scholarships & Financial Aid and return it to the Office of Admissions along with other required information.
How do I apply for the Federal Direct Student Loan?
Once you have been accepted to NNU and your FAFSA information is received, your eligibility for aid, including loans will be determined and reported to you as part of your aid package in your award letter. If you want to accept the loans that are offered to you please go the NNU Portal at my.nnu.edu choose Financial Aid and Student Accounts and Financial Aid Awards to accept your loans. Also, if you are a first time borrower at NNU to apply for the Federal Direct Student Loan, you must complete entrance counseling and a Master Promissory Note. Please go to www.studentloans.gov to complete the requirements.
Do we need to file federal income tax returns before completing the FAFSA?
If the federal tax returns are completed, it will be easier to answer the questions on the FAFSA; however, you may complete the FAFSA from estimated tax information if necessary. The FAFSA is available each year after January 1. Using estimated tax information to complete the FAFSA is advisable when you wish to get your FAFSA information submitted to the federal processor to meet NNU's priority filing deadline of March 1. After your taxes are completed, you can go back into the FAFSA and use the IRS Data Retrieval Tool to pull your tax information directly from the IRS into the FAFSA.
What can I expect?
Within 3-5 business days of submitting the FAFSA via the web to the federal processor (if it has been signed by all necessary parties), you should be able to view a Student Aid Report (SAR) on the FAFSA website. If you note any corrections which need to be made, make these corrections on the web and re-submit your FAFSA. NNU will develop a Financial Aid Package for you based on the information you have provided. Award letters are mailed out on a weekly basis beginning in March for new students. All future revisions to financial aid award letters for new students can be viewed on the NNU Portal at my.nnu.edu, choose Financial Aid and Student Accounts and Financial Aid Awards. You will receive an email notice at your NNU email if revisions to your award package have been made.
What scholarships are available at NNU and how do I apply?
First-time students are not required to apply for scholarships from NNU and are automatically considered for the scholarships they are eligible for based upon their admissions materials and FAFSA. Academic awards from NNU must be applied to tuition costs.
Should I invest in a scholarship search service?
Often the same information students purchase from search services is available from local sources for free. A scholarship search service does not give you scholarships, rather, it provides you with a list of scholarships for which you might be eligible. Do not lose more money than you can find! Use extreme caution!
Can I get a job on campus?
NNU offers employment opportunities to hundreds of students annually. All students are eligible to work on campus. Students can earn up to $2000 per school year by working as few as 10 hours per week during the academic semester. However, on-campus jobs are not guaranteed. The student is responsible for securing employment on campus. NNU also participates in the America Reads program in which NNU students go to local elementary schools to help grade school children in reading and math. America Reads is run through the Office of Financial Aid, so please contact us at firstname.lastname@example.org if you are interested in this program.
What is a Parent PLUS Loan?
The PLUS Loan is for parents borrowing on behalf of dependent students. The PLUS loan is in the parent's name and cannot be transferred to the student. A parent can apply for a Direct parent loan on the web at www.studentloans.gov using the parents PIN number. Approval for this loan is based on a simple credit check. See Loans & Grants for more information.
Are there any other sources of assistance I can explore?
Lending institutions make loans available to students and "credit worthy" parents or co-signers for up to the total cost of education (minus other aid). The student and their co-signer are responsible for applying and completing necessary paperwork for the loan through the lending instiution of their choice.
Are there payment plan options available for paying my balance due?
Another option for parents or students might be an interest free monthly payment plan through the Tuition Management System Program offered in cooperation with the NNU Business Office. There is an annual enrollment fee of $78. Visit nnu.afford.com for more information or to apply.
Approximately how much should I expect to spend on books?
For the 2014-2015 school year, students are estimated to spend between $1000 and $1500 for books, which changes by major, classes taken, etc.
- Apply for financial aid early. Check deadline dates and make sure that all necessary information is provided before those dates.
- Submit all documents required for admission and financial aid to NNU as early as possible.
- Do not assume that your family's income level will disqualify you for financial aid. Various financial circumstances are taken into consideration, making it possible for families representing a wide range of income levels to qualify.
- Complete application forms carefully. Do not leave anything blank.
- Keep copies of all forms and other materials you submit.
- Respond quickly to all requests for information related to the application process. When you receive an award letter from NNU describing your financial aid package, accept or reject your aid immediately by logging into the NNU Portal at my.nnu.edu. Select Financial Aid, Student Accounts and Financial Aid Awards to accept your aid.
- Maintain the scholastic eligibility requirements that allow you to continue receiving financial assistance.
If you have other questions, please contact the Office of Financial Aid at: 1-877-NNU-4-YOU or (208) 467-8638, or by email at FinancialAid(at)nnu.edu.