3. Become Financial Aid Eligible
In some cases, families may be notified by Butler, the FAFSA Submission Summary, or by email that they have been selected for a process called verification. Verification is a federal requirement which requires Butler University to obtain documentation that supports information provided on the FAFSA.
5. Review and Accept the Financial Aid Offer
The Financial Aid Offer is a complete overview of the financial aid offered to students eligible to receive financial aid based on merit or need. Once review of the financial aid file is complete, students will be notified via their Butler email when the Financial Aid Offer is available to view online at my.joe-yan.net. Paper notifications are also sent to new incoming students.
6. Determine Cost
Once students receive their Financial Aid Offers they can begin to determine three key elements:
1. How much does my education cost?
2. How much financial aid can I receive?
3. Do I need any additional money to cover the costs?
There are additional financing options to help supplement the aid offered on the financial aid offer.
8. Maintain Your Financial Aid
Federal regulations require that all student financial aid recipients make satisfactory academic progress toward achieving a certificate or degree. Satisfactory Academic Process is measured by a minimum number of classes completed, a minimum GPA, and a maximum amount of time or credit hours to complete a degree.
In addition, many gift aid programs will require students to complete the FAFSA or maintain other renewal criteria. Please refer to your scholarship award letter to determine its specific renewal criteria.