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updated:
svincent- 4/24/07

Title: Read Your Award Notice
  After your file is complete and reviewed, your eligibility for aid is determined. If you are new to USF, your file will be reviewed in March for an initial award offer.

All initial awards are based on full-time enrollment; however, grants, including Federal Pell Grants, and campus-based funds are disbursed/prorated based on actual enrollment.

Awards May Change; Know the Requirements
Our automated awarding process makes all awards for two terms. This does not guarantee your eligibility. You must meet all other requirements to receive aid.

Some awards are estimated:

  • based on preliminary information from the funding source, or
  • because your enrollment determines the actual amount, not to exceed the estimate; or
  • based on awards you received during previous semesters.

Some awards are conditional upon your meeting specific eligibility requirements.

Carefully read your Award Provisions, you may access the Award Provisions online. The provisions provide the conditions of your award(s), instructions on obtaining your funds and maintaining your eligibility.

Your awards may be revised if we receive updated information that requires it. Therefore, it is to your benefit to regularly (at least weekly at the beginning of each term) check your awards in OASIS.

Florida Bright Futures (FBF)
USF estimates FBF eligibility for all Florida residents. Disbursement for new and continuing students is based on your meeting all state requirements and your actual enrollment each term.

FBF eligibility estimates for new freshmen are based on overall high school GPA and SAT/ACT scores received by the USF Admissions Office.

New freshmen who have an estimate but whose eligibility has not been confirmed by the state will be notified via e-mail prior to the beginning of classes.

All students who are eligible for FBF are downloaded from the State’s database, beginning in June.

Go to FBF website for more information.

Loans
While the Award Provisions outlines more specifically what you need to do for your loans, there are things that you MUST do before your loan funds can be received and disbursed to your USF Student Account:

First time borrowers must:

  • Complete an Entrance Interview (An Entrance Interview will be listed in your "Outstanding Requirements in OASIS if you are required to submit one.)
  • Choose a Lender using the Lender Preference form. (An Lender Preference form will be listed in your "Outstanding Requirements in OASIS if you are required to submit one.)
  • Sign and submit a Master Promissory Note. (Links to Electronic Master Promissory Notes for our Recommended Lenders can be found on our Recommended Lender List.)

ALL first time at USF borrowers must sign and submit a Master Promissory Note. (Links to Electronic Master Promissory Notes for our Recommended Lenders can be found on our Recommended Lender List.)


* To use your Florida Pre-Paid Benefit, be sure to take a copy of your card to University Controller Office (UCO), ADM 125. For more information regarding the Florida Pre-Paid Program go to www.florida529plans.com