UoNA Financial Aid Office

We are here to help you navigate the Federal Financial Aid program.

Your college education is an important investment in you and your future. The Office of Financial Aid provides financial counseling, coordinates financial aid awards, and makes aid application and program information available to all students.

At the University of North America, we are committed to make your education affordable and accessible. Students are encouraged to begin the financial aid application process as early as possible while waiting for acceptance to UoNA.

Admissions, Financial Aid, and Class Registration Steps

Step 1 - Apply for Admission to UoNA

• Submit your admission application and all required documents.
• Complete any admission requirements requested by UoNA.
• Receive acceptance to UoNA.

Step 2 - Begin the Financial Aid Process

• Create a Federal Student Aid ID (FSA ID): Log In | Federal Student Aid
• Complete the Free Application for Federal Student Aid (FAFSA): FAFSA® Application | Federal Student Aid
• Verify the information on your FAFSA Submission Summary (FSS).

Step 3 - Attend Orientation and Complete Enrollment Documents

• Attend orientation.
• Complete the Enrollment Agreement form.

Step 4 - Academic Advising and Course Enrollment

Your Academic Advisor or Student Enrollment Specialist will enroll you in classes based on:

• Course availability
• Accepted transfer credits, if applicable

If you would like to request any course changes after reviewing your schedule, please contact your Academic Advisor.

Step 5 - Complete Financial Aid Review

• Be accepted into a financial aid eligible program.
• Respond to UoNA requests for additional information or documentation.
• Review your financial aid application results and award information.

Step 6 - Finalize Payment Arrangements

Make payment arrangements for any remaining balance, if applicable.

Financial Aid Eligibility

Eligibility Requirements | Federal Student Aid

Types of Financial Aid

Grants

Grant eligibility is based upon demonstrated financial need. Grants usually do not have to be repaid if you complete the courses for which the grant aid was awarded. You must complete the Free Application for Federal Student Aid (FAFSA) form, FAFSA® Application | Federal Student Aid, to be considered for grants. Undergraduate students that qualify can be considered for funding.

Federal Pell Grant

This is the largest federal grant program. The amount awarded is based on your Student Aid Index (SAI), which is calculated when you submit a Free Application for Federal Student Aid (FAFSA). Federal Pell Grants are available year-round (including the summer term).

A lifetime Federal Pell Grant limit that equates to twelve full-time semesters applies. Before the term census (i.e., the last day to drop with a tuition refund for the longest session of the fall, spring, or summer term), Federal Pell Grants are offered based upon anticipated full-time enrollment. Federal Pell awards will be reduced after the term census for less than full-time enrollment and will not be increased if courses are added later in the term.

Federal Pell Grants | Federal Student Aid

Loans

Loans are money that you or your parents borrow and repay with interest. Education loans can be offered at low interest rates with flexible repayment terms. The federal Direct Loan program offers subsidized and unsubsidized student loans for undergraduate students.

The government covers interest payments on subsidized loans while you are enrolled in school at least half time. The interest on unsubsidized loans starts when funds are released.

Graduate students are only eligible to be considered for unsubsidized loans. Undergraduate students can be considered for subsidized and unsubsidized loans.

Eligibility Requirements | Federal Student Aid

Eligibility Requirements

• Borrowers must be enrolled in classes at least half time at the time the loan is disbursed.
• Loans must be accepted and certified prior to the last day of the term for which the loan is being offered.

Federal Student Loan Eligibility Requirements

Required Steps

• Complete both the Master Promissory Note (MPN) and Entrance Counseling if these have not been completed previously or have expired.
• Borrowers must fulfill these requirements before ceasing enrollment in at least half time for the term they wish to borrow.

Loan Disbursements

Student enrollment is not official for an academic quarter until the end of the class add/drop period.

Student loan monies are electronically disbursed to the university to pay for educational expenses. Once this is done, and if any additional student loan funds are in the student school account, they will be disbursed to the student’s bank.