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2004-2005 Financial Aid
Award Requirements
Once you have received your final award letter from the Office of Financial Aid, you need to complete the following requirements before any aid can be disbursed to you for 2004-2005:
- Complete the Personal and Confidential Information Form and return it to the Office of Financial Aid.
- If you have been awarded either the Federal Perkins Loan or the Villanova Law School Loan, your promissory notes and credit disclosure forms will be mailed to you. You need to complete these forms and return them to the Office of Financial Aid. No funds will be disbursed until these forms have been received.
- Read and follow the instructions for obtaining and signing your promissory notes for your Federal Stafford Loans and your private alternative
loans. If these forms are not completed you will not receive any disbursement of funds for the year.
Please Note: Any student borrowing the Federal Stafford Loan for the first time at Villanova Law School and all repeat borrowers who have switched lenders must sign a new Master Promissory Note (MPN). This MPN only needs to be signed once while you are enrolled in law school as long as you remain with the same lender. If you are borrowing private alternative loan funds, you must complete a new promissory note each time you borrow additional funds.
- Read the disbursement, refund and
direct deposit information so you know when and how your funds will be disbursed to you and when and how you will receive a
refund.
- Read the debt management and good credit information so you understand the impact of your borrowing loans for law
school.
- Read the information on withdrawal and leave of absence and view the policies and procedures involved and how refunds are determined under these circumstances.
- Come by the Office of Financial Aid and pick up a copy of the 2004-05 Student Guide from the US Department of Education. This publication contains information on your loans, repayment options and your rights and responsibilities as a borrower.
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