FINANCIAL STUDENT AID OFFICE
The Financial Student Aid Office is responsible for processing applications and aid for students who meet eligibility requirements.
Email Office: firstname.lastname@example.org
Financial Aid offering:
FEDERAL PELL GRANT:
Aid grant awarded to undergraduate students with financial need and enrolled in a technical, associate or bachelor’s degree under an eligible program for financial aid. This aid doesn’t have to be repaid and the amounts can change every year. For 2023-2024 academic year, the maximum amount is $7,395. This will depend on the student Expected Family Contribution (EFC), cost of attendance and status (full time or part time). The student will have 600.000% of eligibility or six years to qualify for it and may not receive Pell Grant funds from more than one school at a time. https://studentaid.gov
DIRECT SUBSIDIZED LOAN:
A William D. Ford Federal Direct Loan Program in which eligible undergraduate students can borrow money from the U.S. Department of Education at participants schools. Under this type of loan, the student must demonstrate financial need to help cover college expenses. For the 2022-2023 academic year, the interest rate is 5.50 % and the maximum amount the student can borrow will depend on the year in school and the dependency status, but the ranges are in $3,500 to $5,500 per year. Making a student loan is a serious responsibility, with which debts that must be paid are incurred, so it is recommended that before requesting it, the student exhaust other means of help and request it as a last alternative. https://studentaid.gov
DIRECT UNSUBSIDIZED LOAN:
Available to undergraduate and graduate students; there is no requirement to demonstrate financial need. PRSNA determines the amount you can borrow based on your cost of attendance and other financial aid you receive. The student is responsible for paying the interest on a Direct Unsubsidized Loan during all periods. If choose not to pay the interest while you are in school and during grace periods and deferment or forbearance periods, the interest will accumulate and be capitalized, that increases the principal amount of your loan.
In the case of undergraduates’ students, the interest rate is 5.50% and the maximum amount which the student is eligible will depend on grade level and dependency status between $2,000 to $7,000. For the graduates’ students, the interest rate is 7.05% and the maximum amount eligible for up to $20,500.. https://studentaid.gov
1. Create a Federal Student Aid Identification (FSA ID) that gives you access to Federal Student Aid’s online systems and use it as your legal signature. If a student is enrolled in undergraduate program and is under 24 years old, their parent will also need an FSA ID account.
2. Complete the Free Application for Federal Financial Aid (FAFSA): School Code 042789.
https://fafsa.ed.gov or download the app Federal Student Aid.
Required documents for the student needed at the time to complete the application:
- Copy of 2020 Income Tax Return (if applicable) of student, parent, or spouse if you the student is married. Please consider that the capitulations do NOT apply in this case.
- Copy of Withholding (W-2)
- Any other evidence of income such as: Veteran’s benefits, Social Security, child support received or paid, money received as family assistant or SNAP benefits.
In case of verification by the ED, the Financial Aid Office will have to require other documents not included in the list. An undergraduate student selected for the verification process will need to complete it before any disburse can be made.
In case of Direct Loans participants:
Complete the institutional process for loan application.
3. Processes required by the ED in https://studentaid.gov
a. Entrance Counseling
b. Master Promissory Note (MPN)
c. Annual Student Loan Acknowledgement
d. Exit Counseling: if student leave school, reduce enrollment less than half time or when applies for graduation.
Note: The student loan payment pause is extended until the U.S. Department of Education is permitted to implement the debt relief program or the litigation is resolved. Payments will restart 60 days later. If the debt relief program has not been implemented and the litigation has not been resolved by June 30, 2023 — payments will resume 60 days after that, and the DEF will notified borrowers.
For more information, please visit https://upcjbr.university/.
Submit the FAFSA at www.fafsa.gov
Effective January 31, 2022, this nursing program is a candidate for initial accreditation by the Accreditation Commission for Education in Nursing. This candidacy status expires on January 31, 2024. Accreditation Commission for Education in Nursing (ACEN) 3390 Peachtree Road NE, Suite 1400 Atlanta, GA 30326 (404) 975-5000 http://www.acenursing.com/candidates/candidacy.asp Note: Upon granting of initial accreditation by the ACEN Board of Commissioners, the effective date of initial accreditation is the date on which the nursing program was approved by the ACEN as a candidate program that concluded in the Board of Commissioners granting initial accreditation.