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What's Up: Summer 2009 - Brought to you by the Office of Campus Programs and Organizations
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Financial Aid

Bench by Fsike Student Residence

Welcome to the 2009-10 school year at Albion College! By this time, those of you who have applied for financial aid should have received an award notification from our office (Financial Aid Office). If you have not received a financial aid award notification and think you have completed all of the necessary forms, you can log on to your ACIS account and view the status of your financial aid file or you can contact our office at 517/629-0440 and we would be happy to assist you.

For those of you whose awards are not complete due to missing information, you can view the documents we need to complete the review of your file on your ACIS account.  We also periodically send missing information letters requesting various forms and information. In order for our office to complete your award we will need all necessary information. If you have received this letter, we ask that you submit all items requested to the Financial Aid Office for completion of your financial aid package. If you have any questions, please feel free to call us.

When you receive your billing statement, certain financial aid programs will not show as a direct credit on your bill. The following financial aid programs are listed below:

Federal Perkins Loans

If a Federal Perkins Loan is part of your financial aid award, you need to complete a promissory note and entrance counseling.  Once you accept your loan you will be sent an email with a link to complete those requirements.  Your award notification includes important information regarding the Perkins loan which you should read carefully.

Federal Stafford Loans

If you are applying for a Federal Stafford Loan, you will need to complete a promissory note and entrance counseling.  You can complete both requirements on line.  Once you accept your loan you should click the hyperlink for the loan which will direct you to the website to complete the rest of the loan process.  Your award notification will also include important information regarding the loans which you should read carefully.

Once your loan requirements are complete funds will be applied directly to your student account.

Federal Work Study/Campus Employment

Employment opportunities are posted on the Student Employment website. While it is the student's responsibility to obtain on-campus employment, listings of available jobs within the various departments can be found on the Student Employment website.

Federal Work Study funds are not applied as a direct credit on your billing statement. If you work on campus, you will receive a monthly paycheck that may be applied toward your basic living and school expenses.

All new students who wish to work on campus will have to complete W-4 tax forms and the Employment Eligibility Verification Form (I-9) before they can begin working. These forms will be available at Final Enrollment as well as in the Human Resources office. It is important to remember that you must be able to verify your identity and eligibility to work. Therefore, the college will need to see such documentation as: your driver license and a birth certificate, original social security card, a passport, etc.

Endowed Scholarships

If you have received an endowed scholarship you are asked to write a letter of acknowledgement and thanks to the donor.  Your scholarship funds will be credited to your account once the Financial Aid Office receives your letter.  You should send the letter to our office.  For tips on writing your letter you can refer to the scholarship portion of our website.

External Scholarships

Dow Statue

External Scholarships will appear as a credit on your bill if the funds from the "donor" have been received by the Accounting Office. Generally, we disburse those scholarships equally to each of the two semesters (i.e., one-half in the Fall semester and one-half in the Spring semester). If you have any concerns or questions regarding any of your External Scholarships, please feel free to call our office.

Michigan Tuition Grant (MTG)/Michigan Competitive Scholarship (MCS)

The Michigan Tuition Grant and Michigan Competitive Scholarship will appear as a credit on your bill when the Legislature and the Governor finalize the budget for the Michigan Tuition Grant Program. The award will be based on the first college listed on the student's FAFSA form. You may want to check your FAFSA to see which college is listed in the first position, and if it is a school other than Albion, you may want to call the State Grant Office to change your college choice. The phone number to call is 1-888-4-GRANTS.

If you have any questions or concerns regarding your financial aid, please do not hesitate to call the Financial Aid Office at 517/629-0440. We wish you much success for the 2009-10 school year!

Office of Financial Aid:  517/629-0440

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Albion College  Albion, Michigan 49224, U.S.A. 517/629-1000
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