Tag Archives: merit scholarships

Financial Aid February: Securing Your Aid

16 Feb financial-aid-february-leader

As the semester approaches, you will need to finalize your financial aid to guarantee your Purdue bill gets paid on time. If you haven’t already, you’ll need to go into your myPurdue account and accept your financial aid.

What are my responsibilities to keep my financial aid?

Double-check that all requirements are complete.

Check for any red flags on your myPurdue account and check that all expected aid is crediting to your Purdue invoice.

Confirm your enrollment.

On your myPurdue account, under the “Financial” tab, click on “Confirm your enrollment for the coming semester.”

You need to do this before each semester. By confirming your enrollment and accepting fees you are acknowledging your financial obligation to pay — by the due date — any tuition, fees, and housing charges assessed and billed to your student account.

Check the following if you are unable to confirm your enrollment:

  • Are there holds on your account?
  • Did you apply for and accept financial aid?
  • Are you enrolled in enough credit hours? E.g. You are enrolled in 9 hours, but your financial aid is set up for 12 or more.
  • Do you have outstanding Financial Aid requirements on myPurdue?

Keep up on requirements for merit scholarships.

The Trustees and Presidential scholarships do renew automatically, but have criteria required in order to do so:

  • Continuous full-time enrollment (12+ credits each fall and spring semester)
  • Having at least 30 credits completed at the end of each year (30 for freshmen, 60 for sophomores, 90 for juniors), transferred credits count toward this amount
  • Maintain a 3.0+ GPA

Direct where to send your refund.

You can sign up to have a Direct Deposit for your financial aid refund via myPurdue. Otherwise, refund paper checks will go to your local address listed on your myPurdue account. Parent PLUS refunds can be sent to you or your parent, depending on what is indicated on the Parent PLUS Loan application.

Expect to receive your refund no earlier than one week before the first day of each semester. Plan your textbook purchases and rent payments/deposits accordingly.

Waiting on your refund? Check out some factors that may be delaying its arrival.

Sign up for the Bursar installment plan or make one payment up-front.

If there is a remaining balance on your Purdue invoice that you plan on paying out-of-pocket, you will need to sign up for an installment plan or make a full payment before the first day of the semester.

We have some suggestions if you need assistance covering remaining costs.

Financial Aid February: Applying for More Aid

7 Feb financial-aid-february-leader

The FAFSA registers you to be considered for aid from Purdue and the federal/state government. To be considered for additional Purdue/private scholarships or private loans, you need to take a few extra steps, such as completing a separate application. Additional information about eligibility and steps to apply for each type of resource are listed below:

finaical aid february 2 - applying for more aid.jpg

Purdue Departmental Scholarships

Incoming freshmen need to have a complete admissions application submitted by November 1 to be considered for Purdue’s merit scholarships.

In addition to having a complete admissions application by November 1, new students enrolling in one of the following colleges or schools should also complete the Purdue Supplemental Scholarship Application by January 1, 2017.

  • Agriculture
  • Health & Human Sciences
  • Krannert School of Management
  • Polytechnic Institute

The deadline for incoming freshmen to complete the Purdue Supplemental Scholarship Application is January 1st of the year they intend to enroll. The deadline for the 2017-18 school year closed on January 1st, 2017.

Scholarships awarded through the supplemental scholarship application are based on merit, need, or a combination of the two. If you wish to be considered for those scholarships with a need component you will need to file your Free Application for Federal Student Aid (FAFSA) by the January 1 deadline as well.

Current Students: There are different deadlines for different programs:

  • Agriculture — February 1
  • Chemical Engineering — April 1
  • Health and Human Sciences — January 1
  • Liberal Arts — February 15
  • Management — March 2
  • Polytechnic Institute* — March 1

*Polytechnic Institute Statewide students should complete the Supplement Scholarship Application and select Purdue Polytechnic as their school. Polytechnic Institute Statewide students may complete the application through August. 

What You’ll Do:

Go to the Purdue Supplemental Scholarship Application and follow the directions.

Other Purdue Departmental Scholarships

Some schools and departments use applications other than the Purdue Supplemental Scholarship Application. Find your department below to see if you qualify, and also check to see if you qualify for any other scholarships offered at Purdue.

Click here or on the chart below for access to clickable links!1page-0

Private Scholarships

There are many private scholarships available — especially for incoming freshmen — and you should definitely be applying for these as early as possible. Scholarship opportunities can be found in your local community and nationwide and will have different application processes. However, it is important to be wary of scholarship scams. You should not pay a fee to an organization to find scholarship opportunities for you or to complete an application for a scholarship that is offered.

We recommend talking to a guidance counselor or checking out free resources like FastWeb or scholarships.com to learn about opportunities you may be eligible for.

The Bursar’s Office provides details about mailing checks from donors, how they are applied to your bill, and other processing information for private scholarships that you receive.

Remember to thank the sponsor of your scholarship. Learn more here.

Parent PLUS Loans

A Federal Parent PLUS Loan can be taken out by a parent in the parent’s name to help their dependent undergraduate student help pay for college. This loan has the same interest rate for everyone regardless of credit. For more details and information read about Parent PLUS Loans here.

Private Loans

A large number of private education loan options are available to assist you and your family in meeting college costs. Loan applications are completed with your lender of choice and require good credit or a co-signer with good credit. We recommend applying at least 30 days prior to the date you need the funds and complying quickly to information requests from your lender. Read more about student loans.

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