Important News & Policy Information for Current Students
Be sure to review your student account (banweb.pdx.edu) and the information below to familiarize yourself with these announcements and policy changes to avoid any delay in receiving your financial aid. The Office of Student Financial Aid and Scholarships looks forward to assisting you with any of your questions or concerns.
New Stafford loan borrowers | If you are a first-time borrower on or after July 1, 2013, there is a limit on the maximum period of time (measured in academic years) that you can receive Direct Subsidized Loans.
This time limit does not apply to Direct Unsubsidized Loans or Direct PLUS Loans. If this limit applies to you, you may not receive Direct Subsidized Loans for more than 150 percent of the published length of your academic program. If you are a first-time borrower on or after July 1, 2013 you can find out more information about your maximum subsidized eligibility period here.
Effective July 1, 2013 William D. Ford Federal Education Loan program changes | for current interest rates, loan fees and regulatory changes to the Federal Direct loan programs, visit the loan information page here: Federal Student Loans
The 2014/2015 FAFSA is available online: go to fafsa.gov to complete your application.
Recently Updated Pell Grant Rules and Stafford Loan Rules for Graduate Students: for more information, click here: Federal Rules Affecting Pell Grant and Stafford Loan Eligibility.
Important Disbursement Policy Notice | Student registration must match the enrollment level on the financial aid award for financial aid to be disbursed. More information about enrollment levels and your financial aid disbursement can be found here: Disbursement Policy
All aid recipients are required to maintain Satisfactory Academic Progress at PSU | Information about this policy can be found here: Satisfactory Academic Progress Policy
Office hours 9:00 a.m. - 5:30 p.m. Monday – Thursday & 9:00 a.m. – 5:00 p.m. Friday
phone (503) 725-3461 | Toll-free: (800) 547-8887 ex 3461
Thank you for choosing Portland State University as your home for higher education.