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.
Fall Term Disbursement Date: The disbursement date for fall 2014 is September19th for students who have fulfilled all 1415 financial aid requirements and whose awarding enrollment level matches their actual enrollment level. Note that most students are awarded based on 12 credits of enrollment. Financial Aid for students enrolled less than full time may be delayed. Students who are enrolled less than full time for the fall term should contact the Office of Student Financial Aid and Scholarships at 503-725-3461 regarding their disbursement status.
Attention all Co-Enrolled Students: the fall co-enrollment deadline is: October 10th
Attention Graduating Stafford and Perkins Loan Borrowers: If you are graduating after the spring or summer term, you will need to start repaying your Stafford Loans six months after graduation and your Perkins Loan nine months after graduation. Start planning for your future by getting more information here.
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.