Contact Financial Aid

Student Financial Assistance
Nova Southeastern University
Horvitz Admin. Bldg, 1st Flr.
3301 College Avenue
Ft. Lauderdale, FL 33314

(954) 262-3380
800-806-3680

Contact Student Financial Assistance

2014-2015 Terms and Conditions

Terms and Conditions of your 2014-2015 Financial Aid Award Notice

Please read the following information carefully and thoroughly before accepting your financial aid award. Accepting the financial aid award offered to you signifies that you have read and agree to comply with all the terms and conditions listed below.

A. Procedures to Receive Funds

  1. Eligibility Requirements

    • You must submit all required documents by the appropriate deadline date. As a general eligibility requirement for receipt of federal and state financial aid funds, you must be fully admitted into an eligible degree-seeking or certificate program and enrolled by the end of the semester for which you are requesting aid (i.e., all admission requirements/documents have been satisfied).
    • One of the components in preparing a student's financial aid package is determining a student's Cost of Attendance (COA). Student awards issued prior to the drop/add date for the semester are based on the cost of attendance for full-time enrollment status. Student awards issued after the add/drop date are based on the COA for actual enrollment.
    • If you are enrolling in a program with multiple parts of term, you must register for all classes at the beginning of the first part of the term. Generally, your enrollment status for financial aid purposes will be calculated at the end of the drop/add period for undergraduate students and on the first day of classes for the period of enrollment for graduate and first professional students. For exact drop/add dates and the first day of classes for the specific semester for which you plan to enroll, please contact your academic program office. Courses added after these dates may not be used to change your enrollment status or increase your award amount(s).
    • Please note that you may receive federal financial aid for a repeated course only once if the course was previously passed (credit has been received). See Repeat Course Policy for Financial Aid for more information.
  2. You are required to accept, reduce, or decline all or a portion of your loan and/or Federal Work-Study (FWS) award(s). This is not a requirement for grant and scholarship awards. Please follow the step-by-step instructions below to access your award notice and to accept, reduce, or decline all or a portion of your award.

    1. Access SharkLink at http://sharklink.nova.edu. Log into your SharkLink account using your NSU User Name and Password.
    2. Click on the "Student" tab and locate the "Financial Aid" section.
    3. Click on "My Financial Aid", then on "Award".
    4. Click on "Award by Aid Year" and select the "2014-2015 Aid Year" from the drop-down menu, then click "Submit".
    5. Click on the "Award Overview" tab to review your financial aid award carefully. To accept, reduce, or decline your awards, click on the "Accept Award Offer" tab. You may determine the award amount(s) you would like to accept. Once you have decided on your award amount(s), please click the "Submit Decision" button. If you chose "Undecided" in the "Accept Award" column, your award will remain in the "Offered" status and will not be processed. As funding for the Federal Perkins Loan is limited, you must accept, reduce, or decline any awarded Perkins loan funds within a designated time frame (See Deadline for Perkins Loan below). Failure to do so will lead to the loss of any Perkins loan awarded for the semester.

State Grants and Scholarships

Federal Grants

Loans

All students awarded federal loans must be enrolled at least half-time. Half-time enrollment is defined as 6 credits per semester for all undergraduate students. For graduate and first professional students, your program of study defines half-time status. Click for more information regarding specific financial aid and enrollment requirements and minimizing your student loan debt by making interest payments while in school

Loan Requirements:

B. Disbursement of Financial Aid Awards

C. Responsibilities of Financial Aid Recipients

Acceptance of this award represents a contract that requires you to meet the conditions in the following list. In addition, review information on student rights and responsibilities.

D. Awards Are Subject to Availability of Funds

Awards are contingent upon actual receipt and verification of funds by NSU. If adjustments are made to the university's federal or state allocations, the university reserves the right to make adjustments to individual aid awards at any time, as necessary.

E. Repayment and Refund Policy

If you withdraw from NSU for any reason, you must notify Enrollment and Student Services. Financial aid awards may be adjusted, and you may be required to repay a prorated amount of the funds advanced to you for the semester from which you withdrew. You will be notified by the Bursar's Office of any balances owed to NSU. If you are entitled to a refund of tuition and fees, the refund will first be applied to any financial aid you have been awarded. Any excess funds will be disbursed to you after all balances owed to NSU have been satisfied. Students receiving federal and state financial aid should consult a financial aid counselor before dropping or withdrawing from courses to ensure compliance with federal and state Standards of Academic Progress.

F. Renewal of Awards

Financial aid awards are valid for one academic year only and are not automatically renewed. Awards are renewed contingent upon completion and submission of a new financial aid application and continued eligibility. The academic year for financial aid purposes is defined by each program office and generally includes the fall and winter semesters. However, if eligible, students will be awarded for all semesters as defined by their program, including spring/summer semesters.

G. Tuition Payment Procedures

Payment of tuition, fees, and residential charges is due at registration. In accordance with the NSU payment policy, students registered for classes agree to pay in full all sums assessed by NSU for tuition, fees, housing, and any funds advanced to students that are required to be repaid (see section E). Delinquent debts may be referred to collection agencies or litigated. The student agrees to pay costs of collecting unpaid charges, including collection fees and/or attorney’s fees and court costs.

The Bursar's Office takes into consideration certified grants, scholarships, and loans shown on your financial aid award notice which may not yet be credited to your account. NSU students who wish to defer payment for any balances remaining after all discounts, financial aid, and other credits have been applied, may apply for a payment plan. Detailed information on the NSU payment plan, including application, is available on the Web site of the University Bursar. International students are not eligible to participate in the payment plan options.

For any questions regarding the tuition payment procedures, please contact the NSU Bursar's Office at 800-541-6682, ext. 25200, or (954) 262-5200.

H. Satisfactory Academic Progress (SAP)

All students must continuously meet all four Satisfactory Academic Progress (SAP) requirements in order to receive financial aid. SAP requirements include: qualitative measure (Grade Point Average), quantitative measure (annual credits successfully completed), maximum time frame (total allowable credits), and pace (overall credits successfully completed). For details, review NSU’s SAP Web page.

Failure to meet the required academic standards will result in the loss of your financial aid.

Students who are suspended or dismissed are ineligible for financial aid until they are restored to good standing at the end of the next evaluation period. In order to have your financial aid reinstated, you must attend NSU at your own expense until your financial aid eligibility is restored. Students who have extenuating circumstances may make an appeal to the Satisfactory Academic Progress Committee. The appeal must be made in writing, addressed to the committee in care of the Office of Student Financial Assistance, and include the following documentation:

I. Contact Information and Office Hours

The University Call Center is available 24 hours a day, seven days a week, to answer financial aid, bursar, and registrar questions:

Telephone: (954) 262-3380 or 800-806-3680
Fax: (954) 262-3966
Email: finaid@nova.edu

You may also visit the One-Stop Shop in the Horvitz and Terry Administration Buildings on the main campus during the office hours below:

Monday–Thursday, 8:30 a.m. - 7:00 p.m.
Friday, 8:30 a.m. - 6:00 p.m.
Saturday, 9 a.m. – noon (Horvitz Administration Building only)

On holidays observed by NSU, Enrollment and Student Services will be closed.

If you are not attending classes on or near the main campus in the Fort Lauderdale-Davie area, you may visit any of NSU's regional campuses. For more information regarding NSU's regional campuses, visit the Regional Campuses Web site.

Disclaimer

The information in these terms and conditions is subject to change due to federal, state, and institutional regulations and policy updates.