EOU Financial Aid Page

How to Apply

Applying for the different types of aid is easy, but you need to be aware of the forms to use, when to apply, and what information is needed.

Please use the links to the left or scroll down to acccess the information related to applying for financial aid.

We hope this page will assist you with that process.

If you have questions, please contact us.

For more information contact us at:

Eastern Oregon University
One University Boulevard
Inlow Hall, Room 113
La Grande, OR 97850
Phone: 541-962-3550
E-Mail: fao@eou.edu

Steps in Applying for Financial Aid

Complete and mail the Free Application for Federal Student Aid (FAFSA).
The FAFSA application is available in the Eastern Financial Aid Office, your local high school or the Federal Student Aid Information Center. It is also available online at www.fafsa.ed.gov. Beware of imitation financial aid sites that charge a fee. Filling out the FAFSA is completely free.

Apply as soon as possible AFTER January 1, for the next academic year. Aid is awarded on a first come, first served basis. The FAFSA asks for specific tax information. If you have not yet filed your taxes, you can estimate and update the information when you have filed.

The Eastern Oregon University Title IV Code is 003193.

Your application should be processed in approximately four weeks from the time that you mail it and approximately two weeks from the time you submit it online. If you have applied for financial aid during the previous year, you should receive a PIN number in the mail. Use it to renew your FAFSA online and sign electronically. For new online applications, make sure you use a computer with a printer so you can print and sign the signature page. Without this signature page, your electronic application will not be processed.

Eastern will receive your Student Aid Report electronically if they are one of the schools listed on your FAFSA. Your financial aid will be determined on the basis of that information.

Verification

If you are selected for verification, you must produce your records for the information on the FAFSA application to prove that the information you reported is correct. Be sure you keep all documents, and be sure that the information you report is accurate. Check with the Financial Aid Office to see what documents you will need to turn in. You can access some of the required documents from our Forms Page.

If that information changes after you apply, you must update it so that it's correct on the date you sign your SAR or certify your application information. Otherwise, you won't be able to receive federal student aid. The Statement of Updated Information on the back of Part 1 of your SAR gives the information that must be updated.

Determining Eligibilty

Once we have received your information, we use it to determine eligibility for financial aid. Part of that determination is identifying financial need. The calculation starts with cost of attendance.

Estimated Cost of Education for the 2003-04 Academic Year

Independent/Dependent-living away from home

Tuition and Fees 4509

Room and Board 5775

Books 1017

Transportation 750

Personal 999

Insurance 51

Total 13101

If you use the budget for the 200-043 academic year, we start with $13101. From this, we will subtract the Expected Family Contribution (EFC), to determine financial need. We will then attempt to fill the need with need based funds. The fund types and amounts will vary based on need, timeliness of application, year in school, and other factors. While student loans are an increasing part of a student's financial aid package, Eastern Oregon University attempts to fill need with other types of aid prior to filling with loans. Most students will receive some type of loan in their award package, we make every effort to fund students in grants and work programs when possible.

Timeline

January 1 -- Student and parents apply with the federal application (FAFSA), or renewal application as soon as possible. Student applies for scholarships through Eastern and/or outside sources. (Eastern's deadline is February 15.)

March/April -- Student is notified if recipient of any Eastern scholarships. If student applies early, and Eastern has all documents required, student is notified of award package sometime during Spring. Student accepts/declines aid on Webster.

June/July -- If Federal Stafford loans are part of the financial aid package, the student will receive the promissory note in the mail. This must be completed, and returned to the lender or guarantee agency. Instructions on where to send the promissory note will be sent as well. First time borrowers must go through an entrance interview prior to picking up their funds. This is the requirement for both Federal Stafford Loans and Federal Perkins Loans

September -- The loan funds are sent to Eastern electronically to be released to the student's account when needed. The student pays fees during the first 2 weeks of classes. If there are funds in addition to the cost of attendance, the student can request a refund from Student Accounts.

Helpful Hints

1.All documents need the students full name and social security number.

2.Keep photocopies of all documents received and mailed.

3.Complete the renewal application online using your PIN.

4.Be aware of deadlines. The earlier you apply, the more financial aid you qualify for.

5.Read all documents that you receive CAREFULLY. There may be information on them that you need to be aware of and that you must act on.

6. Sign on to Webster frequently to check on financial aid holds and requirements you must satisfy to receive aid.

Eastern Oregon University is a member of the Oregon University System
This site maintained by Julie Bockelman.