What does this balance does not include anticipated aid?

Pending/Anticipated Aid does not include Parent (PLUS) Loans that have been denied due to adverse credit history by the lender, or College Work-Study.

What is the anticipated loan amount?

In finance, the term “anticipated interest” refers to the total interest payments expected to be earned over the life of an investment. In the case of debts, anticipated interest refers to the total amount of interest payments expected to be paid on the loan.

What does disbursed and anticipated mean in financial aid?

The anticipated disbursement date is the date that the school will expect to disburse Direct Loan funds. The actual disbursement date is the date the funds are made accessible to the borrower.

What are anticipated financial credits?

Anticipated Credits An anticipated financial aid credit is a credit that is expected to post to your student account at a future date. Anticipated financial aid credits are based on what our office has on record., in other words, aid that is already viewable by you in the SFS Self-Service Portal.

What does anticipated account balance mean?

Financial aid that has been awarded but has not been received and credited to your account is anticipated. If anticipated aid is equal to or greater than the total balance, your amount due is zero and no payment is required. …

What is the loan period for a direct loan?

A loan period is the academic year or portion of an academic year (for example, a single semester or quarter) that the loan is requested for.

What does anticipated balance mean?

The anticipated balance is the balance that an account will have at some point in the future, assuming no additional withdrawals or deposits occur.

What does it mean when it says your financial aid is pending?

Pending or Memo: Financial aid in pending or memo status means that this type of financial aid is available but has not yet arrived (for example, scholarships from non-Macalester agencies) or there is something missing from your financial aid file.

Why do I have pending financial aid?

NOTE: Financial aid that is “pending” means that you have been awarded the aid, and it is being used as a credit towards your tuition bill, but it hasn’t actually been paid out. Note: If you wish to decline your PELL, TAP or SEOG award, you must speak to the Financial Aid Office at your college.

What are anticipated financial aid credits?

An anticipated financial aid credit is a credit that is expected to post to your student account at a future date. Anticipated financial aid credits are based on what our office has on record., in other words, aid that is already viewable by you in the SFS Self-Service Portal.

What is pending/anticipated aid?

Pending/anticipated aid includes any financial aid the student has accepted on MyUNT and/or scholarships that the student has been awarded. Pending/anticipated aid does not include College Work-Study or Parent PLUS Loans that have been denied due to adverse credit history by the lender.

When is the deadline to accept financial aid?

The federal government gives students a deadline of June 30 after the school year in which they need aid – for instance, June 30, 2021, for the 2020-21 school year or June 30, 2022, for the 2021-22 school year – to file the FAFSA.

How to accept/decline financial aid?

Go to the Financial Aid tile in Campus Connection.