Understanding scholarships and financial aid on your tuition statement
If you have already received financial aid to assist with the cost of attending Calvin, please review the following information in conjunction with your Tuition, Room, and Board Statement. If you have questions about your financial aid after reviewing this information, feel free to contact the Office of Admissions and Financial Aid.
HOW AND WHEN YOUR FINANCIAL AID IS CALCULATED
- Your financial aid is based on your enrollment status as of October 22, 2012, if you were registered at that time. If you were not registered by that date, your financial aid is based on full-time attendance unless otherwise indicated on your Financial Aid Award Notice.
- Your Tuition, Room, and Board Statement reflects financial aid activity on your account through October 26, 2012. Any financial aid applied to your account after this will be reflected on the next billing statement.
LOANS ON YOUR TUITION STATEMENT
- Your statement may show an amount credited for the Federal Perkins Loans, the Federal Subsidized/Unsubsidized Loan, and/or the Federal PLUS Loan. You have the right to cancel all or part of any of these loans. If you elect to cancel your loan(s) the borrower must notify the Office of Admissions and Financial Aid, in writing, within 14 days of receipt of this statement. If you do cancel your loan, you will need to immediately make the appropriate payment on your account.
OUTSIDE SCHOLARSHIPS/GRANTS ON YOUR TUITION STATEMENT
- If you have received a private outside scholarship from a source other than Calvin, but it does not appear on your tuition statement, please contact the organization/agency awarding the scholarship to confirm a check has been sent to the Calvin College Office of Admissions and Financial Aid on your behalf. These scholarships will not appear on your statement or credit to your account until the funds are received and processed.