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Uptown Tulane Financial Aid Office On the Move
Posted on:
February 12, 2021

The uptown Tulane University Financial Aid Office is on the move! Effective at 1PM on Friday, February 12, 2021, our current uptown location will permanently close.  Until we relocate, we will be working remotely but will be available via phone, e-mail, and Zoom sessions. WE STRONGLY ENCOURAGE THAT ALL DOCUMENTS BE SUBMITTED TO OUR OFFICE VIA OUR SECURE UPLOAD PORTAL (https://finaidforms.tulane.edu/Home/Account/Login) or as a PASSWORD-PROTECTED email attachment. E-mail documents ONLY IF PASSWORD-PROTECTED to FADOCS@tulane.edu.

In preparation for the new Paul Hall construction on the Tulane uptown campus (which requires demolition of building #14), the University Financial Aid Office is vacating our premises on the second floor of the Science & Engineering Lab Complex.  Later this spring, we expect to reopen our uptown offices at our new location on the ground floor of Gibson Hall (occupying the former site of the School of Professional Advancement).

Until we reopen, WE STRONGLY ENCOURAGE THAT ALL DOCUMENTS BE SUBMITTED TO OUR OFFICE VIA OUR SECURE UPLOAD PORTAL (https://finaidforms.tulane.edu/Home/Account/Login) or as a PASSWORD-PROTECTED email attachment.  E-mail documents ONLY IF PASSWORD-PROTECTED to FADOCS@tulane.edu.

While we will continue to receive U.S. mail deliveries, we anticipate delays in such delivery until we occupy our new space in Gibson Hall. (If you absolutely must mail us a document, then please use our new address: Financial Aid, Gibson Hall, Suite #130, Tulane University #1320, 6823 ST. CHARLES AVE, NEW ORLEANS, LA 70118.) We will update our website once we have moved and reopened at Gibson Hall. We apologize for any inconvenience and thank you in advance for your patience and understanding.

Coronavirus Response and Relief Supplemental Appropriations Act
Posted on:
January 11, 2021

Congress recently passed the Coronavirus Response and Relief Supplemental Appropriations (CRSSA) Act which intends to award a new level of funds to colleges and universities across the nation to help cover expenses related to the ongoing COVID-19 pandemic. While the U.S. Department of Education (DOE) has not yet finalized guidance and/or actual funding levels, Tulane expects to receive funds that we will be able to use to directly assist our students in pandemic related expenses. At this time, as we await word from DOE on CRSSA details, we ask that you check back on this space for updates once specifics are officially released.

TULANE CLOSED FOR WINTER BREAK (From 12/19/2020 through 1/3/2021)
Posted on:
December 18, 2020

Please note that Tulane University is closed at the end of business on Friday, December 18, 2020 and is scheduled to reopen on Monday, January 4, 2021.  Upon our reopening we will resume our hours of operation of Monday through Friday, 9am to 5pm.

During this closure, our staff are unable to respond to phone messages and/or e-mails; yet we plan to commence responses to your inquiries as soon as possible during the week of our return.  Also during our winter closure, we will be unable to acknowledge the receipt of electronic financial aid applications (FAFSA and/or CSS Profile) and/or supporting application materials (such as tax documents; etc.).  Upon our return, our staff will diligently begin reviewing the applications and materials received during our time away and updates will be ultimately be viewable via the Tulane Gibson portal.     

While we encourage you to delay your correspondence until our return on 1/4/21; please visit financialaid.tulane.edu/meet-us/staff  to email of a specific staff member who can assist you. Every family is assigned a financial aid counselor whom you can locate based on your last name. If you have general questions or concerns, they can be directed to our main office email account finaid@tulane.edu or find answers and information on our website https://financialaid.tulane.edu/.

During our closure, please continue to utilize one of the following modes of submitting financial aid documentation: 

  • Uploading Forms/Documents directly and securely through our website is the preferred mode of submission (PDF format only) at finaidforms.tulane.edu

 

  • Password -protected documents can be scanned and emailed directly to: FADOCS@tulane.edu 

                Passwords should be sent in a separate email from the emailed documents.

Please label all emailed communication’s subject line with the student’s name and nine-digit Tulane ID number.

 

 Again, please realize that all submissions will not be acknowledged until the week we return.  We wish to extend our wishes for safe and happy holidays; and thank you for your patience once we return from our closure.

FOR ALL INCOMING FULL-TIME UNDERGRADUATES FOR 2021-2022
Posted on:
December 17, 2020

Congratulations to students who applied Early Decision and/or Early Action and have recently received notification of admission from the Tulane University Office of Undergraduate Admission! 

Access to the status of your Tulane financial aid application is available via the Tulane Gibson portal (https://gibson.tulane.edu/).  By navigating to the Financial Aid tab and then under “Select Financial Aid Year:” selecting “2021-2022 Financial Aid Year” you will be able to review your “To Do List” to identify items received and/or still being requested.  If you have received an award notification via e-mail, then you will also be able to view your award offering. 

If you are part of the aforementioned populations who have received notification of admission to Tulane, then here is an update on Tulane’s processing of financial aid applications:

  • Early Decision admits who completed the 2021-22 FAFSA; completed the 2021-22 CSS Profile; completed the Non-Custodial Parent CSS Profile (if applicable in situations of parents being separated or divorced); submitted signed copies of parents’ 2019 federal income tax returns (including W-2 forms and all schedules); and submitted all other documentation (as requested) prior to 11/15/2020 should anticipate receiving a financial aid award notification being sent out by the close of business on Friday, 12/18/2020.

 

  • Early Decision admits who only completed the 2021-22 FAFSA (only seeking federal student aid) will receive award notifications starting in late-January 2021.

 

  • Early Action admits who completed the 2021-22 FAFSA; completed the 2021-22 CSS Profile; completed the Non-Custodial Parent CSS Profile (if applicable in situations of parents being separated or divorced); submitted signed copies of parents’ 2019 federal income tax returns (including W-2 forms and all schedules); and submitted all other documentation (as requested) prior to 12/15/2020 should anticipate receiving a financial aid award notification being sent out during the last week of January 2021.

 

  • Early Decision 2 admits who completed the 2021-22 FAFSA; completed the 2021-22 CSS Profile; completed the Non-Custodial Parent CSS Profile (if applicable in situations of parents being separated or divorced); submitted signed copies of parents’ 2019 federal income tax returns (including W-2 forms and all schedules); and submitted all other documentation (as requested) prior to 12/15/2020 should anticipate receiving a financial aid award notification being sent out during the last week of January 2021.

 

  • All admitted incoming NTC undergraduates who completed the 2021-22 FAFSA; completed the 2021-22 CSS Profile; completed the Non-Custodial Parent CSS Profile (if applicable in situations of parents being separated or divorced); submitted signed copies of parents’ 2019 federal income tax returns (including W-2 forms and all schedules); and submitted all other documentation (as requested) prior to 2/15/2021 should anticipate receiving a financial aid award notification being sent out during the first week of March 2021.

 

REMINDER: Tulane DOES NOT participate in the College Board’s (CSS) IDOC process. Therefore, the preferred submission of any required forms and documents (only in a PDF format and maximum size 2 MB) is by directly and securely uploading to our processing system using the File Upload feature. For instructions on using this online tool view the following instructions PDF. Please include student identifying information on all documents and communications. If you experience uploading issues, please verify that the file size does not exceed the 2MB limit. If it does exceed the 2MB limit, we ask that you pursue one of the following options: 1) Be sure that the document is in a pdf format 2) Mail the document through the USPS (see address below) 3) Fax the document (see FAX below) or 4) Email to FADOCS (see address below, but PLEASE - MUST be password protected, and so please remember to send the password in a separate email). If you have any questions, please let us know.

IRS Data Retrieval Tool Unavailable 12/13/2020
Posted on:
December 09, 2020

The IRS Data Retrieval Tool (DRT) will be unavalible on Sunday Dec. 13, 2020 from 3-6pm Eastern time as the IRS completes critical system upgrades. 

Student Loan Debt Relief Measures Extended 1 Month Through January
Posted on:
December 08, 2020

The Department of Education announced on Friday that federal loan borrowers will receive a one-month extension of the current federal student loan administrative forbearance period, pause in interest accrual, and suspension of collections activity. the measures will extend through January 31, 2021.

More information can be found here.

Tulane Announces Louisiana Promise
Posted on:
November 12, 2020

Tulane University President Michael Fitts announced a Louisiana Promise initiative which includes enhanced college counseling and college preparation opportunities as well as a new scholarship opportunity. The scholarship opportunity is designed to allow certain qualifying Louisiana high school graduates who enroll as full-time first-time fall freshmen in fall 2021 to meet institutionally calculated (institutional methodology, or IM) financial need with non-loan aid for the fall-spring academic year full standard financial aid cost of attendance. For more details on the scholarship, please refer to our website: https://financialaid.tulane.edu/types-of-aid/gifts/undergraduate. For more details on institutional methodology (IM) need analysis, see https://financialaid.tulane.edu/resources/eligibility/establishing-need.

Educational Loan Request Deadlines for Fall 2020
Posted on:
November 11, 2020

 Students graduating at the end of fall—The deadline for Fall 2020 semester loan increase requests is ten days before the end of your academic program. This differs across programs, so if you are not sure of the date, contact your financial aid counselor. Find your counselor here https://financialaid.tulane.edu/meet-us/staff

 Students continuing at least half-time enrollment in the spring—The deadline for loan increases is technically a couple of weeks before the end of spring semester. However, our office closes for the winter break on Dec. 18, 2020. Therefore, all increase requests for funds needed before the break must be in by Dec. 11, 2020 in order for them to be processed prior to the break.

 Spring loans will disburse when classes begin pending eligibility, outcome of Satisfactory Academic Progress review of fall semester, and appropriate enrollment needed for the funds. Request a refund via Gibson Online if you are expecting living expense funds. https://gibson.tulane.edu/

We're Back!
Posted on:
August 28, 2020

University Financial Aid

The University Financial Aid Office’s availability will be augmented, beginning Monday, August 31, 2020 until deemed unnecessary, with in-person consultation available for abbreviated hours and with limited staff. The remaining staff will be available during normal office hours and will be working remotely. At any time a student can schedule an on-line meeting with his/her assigned financial aid counselor.

UPTOWN MAIN OFFICE

Science and Engineering Lab Complex Room 205

Operations: The main Tulane University Financial Aid uptown office is fully working and available remotely. The office is scheduled to be open weekdays for four hours with three staff members.

PLEASE NOTE: Tulane is closed as of noon on Monday, September 14 and all day Tuesday, September 15 due to the approach of the Tropical Storm/Hurricane Sally. All offices will be closed all day on both days, but staff will be working remotely on Monday morning.

Mondays 9:00AM – 1:00PM

Tuesdays 12:30PM – 4:30PM

Wednesdays 12:30PM – 4:30PM

Thursdays 9:00AM – 1:00PM

Fridays 9:00AM – 1:00PM

UPTOWN LAW OFFICE

Operations: The University Financial Aid office located in Tulane Law School is scheduled to remain closed with service offered remotely.

DOWNTOWN TIDEWATER OFFICE

Suite 1213 1440 Canal Street New Orleans, LA 70112-2699

PLEASE NOTE: Tulane is closed as of noon on Monday, September 14 and all day Tuesday, September 15 due to the approach of the Tropical Storm/Hurricane Sally. All offices will be closed all day on both days, but staff will be working remotely on Monday morning.

Operations: The office is scheduled to be open each Monday and Thursday for four hours with one employee assigned to be present.

Mondays  9:00AM – 1:00PM 

Thursdays  12:30PM – 4:30PM

 

Office Safety Protocols

  • Masks are required to enter the office.
  • For the safety of both staff and visitors, we encourage the use of on-line meetings with counselors instead of in‐person meetings within our office. 

When Visiting the Office

  • One student/family will be allowed in the main lobby at a time. The remaining visitors must wait in line, utilizing social distancing, in the hallway outside of the office.
  • We will allow only one student/family into the office at a time. Maximum number of family members will be four.
  • During the established in office hours, a counselor will be available. The maximum number of visitors allowed in the meeting with a counselor will be one person.
Helpful Financial Aid Information for Incoming Full-Time Undergraduates
Posted on:
June 19, 2020

Helpful Financial Aid Information for Incoming Full-Time Undergraduates

As incoming freshmen and transfer students prepare for their matriculation at Tulane University for the upcoming 2020 fall semester, we offer a brief information worksheet that we hope will help guide new students through the various steps for assuring that all financial aid being accepted is disbursed in a timely manner at the start of the semester. The information also provides students and parents with an opportunity to determine the level of funds that will need to be used to satisfy any balance due the University after accounting for all accepted aid.

Click HERE for the 2020-2021 Financial Aid Information material. 

If you have any questions, please contact your financial aid counselor, listed at this link: https://financialaid.tulane.edu/meet-us/counselors/undergraduate

Federal Student Loan Interest Rates Drop to Historically Low Levels
Posted on:
June 08, 2020

The interest rates for federal student loans will drop by almost forty percent (40%) effective on July 1, 2020.  The new lower interest rates will only apply to new loans disbursed between 7/1/2020 and 6/30/2021.  This does NOT impact existing federal student loans (disbursed prior to 7/1/2020) which currently have a prevailing fixed interest rate. 

For undergraduate students borrowing a Federal Direct Subsidized and/or Unsubsidized Loan, the interest rate for the 2020-2021 academic year will be 2.75% (down from the 4.529% interest for such loans that were borrowed in the 2019-2020 academic year).  This 2.75% interest rate for the upcoming academic year represents the lowest rate ever, beating the previous low interest rate of 2.875%, which was reached in 2004-2005.

Interest rates on Federal Direct Unsubsidized Loans for graduate students will be 4.3%, down from 6.079% from last year.

Interest rates on Federal Direct PLUS Loans, including the Graduate PLUS (or Grad PLUS) and Parent PLUS loans will be 5.3%, down from 7.079% from last year.

The new interest rates are fixed rates for the life of the specific loan and are based on the 10-year Treasury Note auction that was held on May 12, 2020.

Tulane Commences Distribution of CARES Act HEERF Funds Directly to Students
Posted on:
June 05, 2020

Financial Aid News

06/05/2020 (see continual updates in reports at bottom, most recently October 30, 2020)

Tulane Commences Distribution of CARES Act HEERF Funds Directly to Students

Tulane University is beginning to disburse approximately $2.77 million dollars in emergency financial aid grants from funding the University is receiving under the Coronavirus Aid, Relief, and Economic Security (CARES) Act’s Higher Education Emergency Relief Fund (HEERF) directly to many students for expenses related to the disruption of campus operations due to the coronavirus during the recently completed 2020 spring semester.

Phase 1: Tulane’s first phase of distribution was configured to establish a “non-application” methodology through which emergency financial aid grants are awarded to more than 4,500 eligible Tulane students across the majority of student populations. Under Phase 1, certain students are being awarded emergency financial aid grants ranging upwards from $100, and funds are being directly distributed by the Accounts Receivable Office without the need for students to complete an application to request funding.

Eligibility for funds under the Phase 1 “Non-Application” distribution required students to have been:

  • 1. Enrolled at Tulane for the 2020 spring semester at the time Tulane switched from classroom to online formatting for the remainder of the 2020 spring semester classes; and
  • 2. Considered eligible for federal student aid (defined as Title IV eligible), by virtue of having completed a 2019-2020 Free Application for Federal Student Aid (FAFSA) and other required documents necessary to establish a valid 2019-2020 Federal Expected Family Contribution (FM EFC) by the conclusion of the spring 2020 semester; and
  • 3. Billed a spring 2020 Tulane campus health center fee, as the assessment of such a fee confirms that a student was not enrolled in a Tulane degree program solely being delivered via an online format prior to the 2020 spring interruption in on-ground classroom operations (as the U.S. Department of Education restricted students in such online degree programs from receiving these emergency financial aid grants).

Phase 2: In Phase 2, Tulane is analyzing the University’s “Application” process via various emergency applications such as those utilized by the Center for Academic Equity and/or the Office of Student Resources and Support Services for Tulane emergency funding consideration to cover expenses related to the disruption of campus operations due to COVID-19. Whenever this analysis identifies that qualified expenses were covered by Tulane emergency funding, then such support will be funded with the CARES Act’s HEERF student emergency financial aid grant funding as long as funding remains available. Eligibility for funds under the Phase 2 “Application” distribution requires students to have been: 1. Enrolled at Tulane for the 2020 spring semester at the time that Tulane switched to an online classroom format for the remainder of the 2020 spring semester; and 2. Considered eligible for federal student aid (defined as Title IV eligible), by virtue of having completed a FAFSA and other required documents necessary to establish a valid FM EFC; and 3. Enrolled in a Tulane degree program that was NOT being delivered via an online format prior to the 2020 spring interruption in on-ground classroom operations (as the U.S. Department of Education restricted students in such online degree programs from receiving these emergency financial aid grants); and 4. Completed an application that detailed the specific expenses that the student incurred that are related to the disruption of campus operations due to the pandemic; and 5. Received the Tulane emergency funding for such expenses directly on or after March 27, 2020.

Phase 3: Based on funding availability, Tulane intends to implement a Phase 3 (in stages), which represents another “Non-Application” allocation process in which we will review the population of students who were enrolled for the 2020 spring semester AND who had not received HEERF funding during our evaluations in Phase 1 and/or Phase 2. Priority will be given to Pell-eligible undergraduate students; however, some other remaining eligible student populations will be considered if funding is available. Eligibility for funds under the Phase 3 “Non-Application” distribution will require students to have been: 1. Enrolled at Tulane for the 2020 spring semester at the time Tulane switched from classroom to online formatting for the remainder of the 2020 spring semester classes; and 2. Considered eligible for federal student aid (defined as Title IV eligible), by virtue of having completed a 2019-2020 Free Application for Federal Student Aid (FAFSA) and other required documents necessary to establish a valid 2019-2020 Federal Expected Family Contribution (FM EFC) by the conclusion of the spring 2020 semester; and 3. Omitted from the HEERF emergency financial aid grant selection process under Tulane’s Phase 1 and Phase 2 processing; and 4. Enrolled in a Tulane degree program that was NOT being delivered via an online format prior to the 2020 spring interruption in on-ground classroom operations (as the U.S. Department of Education restricted students in such online degree programs from receiving these emergency financial aid grants).

Phase 4: If in the unlikely event that funding still remains available after the completion of Phase 1; Phase 2; and Phase 3; then Tulane intends to implement a final Phase 4, which will be designed to award any and all remaining HEERF funds directly to students who have not previously received HEERF funding during our evaluations in Phase 1; Phase 2; or Phase 3 AND for whom we are able to demonstrate that they incurred eligible expenses directly related to the disruption of campus operations due to the coronavirus during their recent enrollment at Tulane University. At this time, Tulane has not determined if a student will be required to complete an application in order to be considered for a Phase 4 emergency financial aid grant. Please revisit this website as more details become available on the Phase 4 process. Eligibility for funds under the Phase 4 distribution have yet to be determined. Please revisit this website as more details become available on Phase 4 eligibility.

Click here for more details on the methodologies Tulane is using to distribute directly to eligible students the majority of the HEERF funds received by Tulane University for student emergency financial aid grants.

Click here to access Frequently Asked Questions (FAQs) related to Tulane’s disbursement of CARES Act HEERF funds received by Tulane University for student emergency financial aid grants.

Click here to access Tulane University’s CARES Act HEERF summary reports (quarterly report) to access information related to Tulane’s disbursement of CARES Act HEERF funds received by Tulane University for student emergency financial aid grants..

Click here to access information related to Tulane University’s CARES Act HEERF summary reports (quarterly report and final report) for spending of Tulane University's allocation for the school.

Click here to access Tulane University’s CARES Act HEERF summary reports (second 45-day report).

Click here to access Tulane University’s CARES Act HEERF summary reports (45-day report after initial 30-day report).

Click here to access Tulane University’s CARES Act HEERF summary report (30-day report).

Click here to access disbursement information related to Tulane’s disbursement of CARES Act HEERF funds received by Tulane University for student emergency financial aid grants as of 06/08/2020.

CARES Act Higher Education Relief Fund Grants and Tulane COVID-19 Questionnaire
Posted on:
May 19, 2020

CARES Act Funding for Higher Education Relief Fund (HEERF) Grants: Tulane has been identified as a university to receive a limited amount of CARES Act funding for Higher Education Relief Fund (HEERF) grants, but no funds have been received to date. In the meantime, Tulane administration is finalizing a strategy to award these limited funds fairly and equitably to our students:  please watch our website for updates.  (Also, please note that the distribution of this funding is NOT related to the Tulane COVID-19 Questionnaire.)

Tulane COVID-19 Questionnaire: This questionnaire is our first step in gathering information on the scope of impact by COVID-19 on our Newcomb-Tulane undergraduate student population and their families. Once we have completed our review of the data, we will reach out if additional information is needed. Please watch our website for updates. However, please note, in the meantime, if you have completed or are anticipating completing the COVID-19 Questionnaire, and have not already done so, you must complete certain known items. Please complete the 2020-21 Free Application for Federal Student Aid (FAFSA), the 2020-21 College Scholarship Service (CSS) Profile, and submit signed copies of all 2018 federal tax returns (individual and business) and W-2 forms. If yours is a separated or divorced case, the non-custodial parent must also complete the CSS Profile. If you are selected for federal verification, a 20-21 Verification Addendum is also required.  For more information, see the News item below.

Newcomb-Tulane Undergraduate Need-Based Augmentation Fund
Posted on:
May 04, 2020

All Newcomb-Tulane Undergraduates (excluding SoPA students),

The COVID-19 pandemic has threatened the health of our global Tulane community and has brought significant financial hardship to many of our students and their families. In such a volatile environment, there is no better time for Tulane University to affirm its motto: “Non sibi, sed suis” or “Not for oneself, but for one’s own.” In the spirit of that commitment, President Mike Fitts has approved plans to augment our existing need-based financial aid offerings for the upcoming 2020-2021 academic year for eligible students who have experienced a significant loss of 2020 calendar year income as a result of COVID-19.

At this time, in order to start gathering an initial scope of the economic hardship our students and their families are experiencing, we invite those with significant income losses (defined as an income loss of 15% or more for 2020) to complete our “COVID-19 Financial Aid Questionnaire” (https://financialaid.tulane.edu/forms).

Our financial aid counseling team will be reviewing all questionnaire results and following up if it is determined that additional documentation is needed prior to determining the level of additional assistance for which a student might qualify. In compliance with federal regulations and institutional protocol, we will continue to administer our need-based institutional resources among full-time undergraduate students in a fair and equitable approach to those demonstrating institutional financial need, and to diligently assist students as we face this new challenge.

IMPORTANT ADDITONAL INFORMATION: Those completing the “COVID-19 Financial Aid Questionnaire” must also complete the following: • 2020-2021 Free Application for Federal Student Aid (FAFSA) • If applicable, submit all required federal verification documents • 2020-2021 College Scholarship Service(CSS) Profile application (NOTE: in separation/divorce situations the non-custodial parent must also complete a CSS Profile) • Submit signed copies of parents’ 2018 federal income tax returns, including all schedules and W-2 forms The Tulane Financial Aid Office will only commence reviewing the completed questionnaires of those students who have successfully provided all necessary documents for determining eligibility for federal and institutional need-based assistance. Thank you in advance for your patience in our efforts to respond to the ever changing needs of our students in this most unfortunate pandemic environment. If you have any questions on this process, please feel free to contact your financial aid counselor.

Tulane University Financial Aid Office: Changes due to COVID-19 FAQ’s
Posted on:
April 04, 2020

Tulane University Financial Aid Office: Changes due to COVID-19 FAQ’s Updated 04/04/2020

• Q: I was employed and earning wages under the Federal Work Study (FWS) program, and counted on my FWS bi-weekly income to help with my expenses. Will I still be able to be paid?

A: Tulane is currently reviewing the guidance issued by the U.S. Department of Education concerning the possibility of continued payment of FWS wages. As soon as the Financial Aid Office is informed of Tulane’s decisions on whether or not unearned FWS wages will be available, we will update this posting, so please check back for an update. To all of Tulane’s spring 2020 semester active Federal Work Study (FWS) student employees, please know that the Office of Human Resources & Institutional Equity and Office of Financial Aid are continuing to diligently work together to determine an equitable methodology for determining remaining FWS payments. Recent guidance from the U.S. Department of Education will allow Tulane to pay FWS students even if students are unable to work scheduled hours because of COVID-19 disruptions. We are also finalizing the protocols for those students who are able to continue working by another means (on-line, remote, telecommute, etc.). We appreciate your patience during this unprecedented time and want you to know we are doing everything we can to reach a decision as soon as possible so that funds can be disbursed to support our students.

• Q: At the start of the current 2020 spring semester I was charged and paid for a dorm room and/or a meal plan for the entire semester. Now that I’ve been required to vacate the Tulane campus, will I receive a prorated rebate for the portion of the dorm and/or meal plan that I won’t be using?

A: Tulane has determined that a prorated rebate of 40% will be processed for eligible charges. Please refer to the following website for more details: https://studentaccounts.tulane.edu/content/accounts-receivable-covid-19-faq

• Q: I’ve incurred travel expenses in vacating campus, so can I receive additional financial aid?

A: Your financial aid budget already includes a travel allowance for expenses associated with your return home for the spring 2020 semester, so no additional cost adjustment is expected due the timing of your return home occurring earlier than expected.

• Q: I’m having to purchase equipment to accommodate all of my classes now being delivered on-line: is it possible to receive additional aid to cover these unexpected expenses?

A: Federal regulations allow your financial aid counselor to use “professional judgment” to review expenses to determine if they can be recognized as allowable educational expenses and added to your financial aid cost of attendance. If approved as additional expenses, then we can see what additional assistance might be available. You are encouraged to complete a 2019-2020 Adjustment Form (available under the 2019-2020 section at: https://financialaid.tulane.edu/forms) and also to provide your financial aid counselor with all related necessary documentation.

• Q: If I haven’t yet borrowed any or all of the federal student loans that I’ve been offered for the spring 2020 semester, is it too late for me to still access these funds?

A: Because Tulane Financial Aid Office staff are not allowed to process federal student loans once an applicant is no longer enrolled in the semester for which federal student loan funding is sought, and because processing is not instantaneous but takes some time, we strongly recommend that all federal student loan decisions for those enrolled in the 2020 spring semester be fully completed by April 15, 2020. This will allow necessary time for your loan to be certified and for you to complete any necessary requirements (such as completion of appropriate master promissory notes and/or loan entrance counseling). Please contact your financial aid counselor if you have questions concerning federal student loan borrowing.

• Q: I’ve heard that the most recent significant interest cuts by the Federal Reserve will lower the interest on my federal student loans. When will this happen?

A: Federal student loan interest rates are set as fixed rates to be effective for all loans disbursed from July 1 through June 30 each year. Details regarding the rates for federal loans disbursed during the current 2019-2020 year can be found here: https://financialaid.tulane.edu/types-of-aid/loans/federal-direct-subsid.... The latest decrease in interest rates by the Federal Reserve may ONLY impact the effective rate on new loans that are disbursed in the upcoming 2020-2021 year, and the U.S. Department of Education will announce sometime in late May/early June the federal student loan interest rates effective as of 7/1/2020 through 6/30/2021. We fully expect for the loan rates to be lower than current rates and we will provide updated information when it becomes available. 

• Q: Recently the U.S. Department of Education announced that interest would be waived on all federal student loans amid the coronavirus outbreak. How will this impact me?

A: The U.S. Department of Education announced that all loans owned by the U.S. Department of Education (ED) will have interest waived until September 30, 2020. That includes Direct Loans, as well as Federal Perkins Loans and Federal Family Education Loan (FFEL) Program loans held by ED. It is important to note that some FFEL Program loans are owned by commercial lenders, and some Perkins Loans are held by the institution you attended (as in the case with Tulane Perkins Loan borrowers). These loans are not eligible for this benefit at this time, however, if these loans are consolidated into a Federal Direct Consolidation Loans then they are eligible for these provisions.. The interest rate on eligible loans will be set to 0% for the period from March 13, 2020 until September 30,2020. No action is required by the student/borrower, however contact your loan servicer online or by phone to determine if your loans are eligible. Your servicer is the entity to which you make your monthly payment. If you do not know who your servicer is or how to contact them, visit StudentAid.gov/login or call us at 1-800-4-FED-AID (1-800-433-3243; TTY for the deaf or hearing-impaired 1-800-730-8913) for assistance. 

• Q: As an alumnus who is in repayment on my federal student loans has any assistance been offered?

A: The U.S. Department of Education announced that loans in active repayment will be placed on an ADMINISTRATIVE FORBEARANCE for six months thereby suspending repayment until September 30, 2020.  These months of administrative forbearance will count as qualifying months toward all forgiveness benefits for which the borrower is eligible, including Public Service Loan Forgiveness.  If a borrower wishes to “opt out” of this administrative forbearance, then they must contact their loan servicer.

It is important to note that some FFEL Program loans are owned by commercial lenders, and some Perkins Loans are held by the institution you attended (as in the case with Tulane Perkins Loan borrowers). These loans are not eligible for this benefit at this time, however, if these loans are consolidated into a Federal Direct Consolidation Loan then they are eligible for these provisions.  No action is required by the student /borrower, however contact your loan servicer online or by phone to determine if your loans are eligible. Your servicer is the entity to which you make your monthly payment. If you do not know who your servicer is or how to contact them, visit StudentAid.gov/login or call us at 1-800-4-FED-AID (1-800-433-3243; TTY for the deaf or hearing-impaired 1-800-730-8913) for assistance.

 

GO! Now Open for Applying for 2020-2021 Federal Parent (PLUS) Loans OR 2020-2021 Graduate PLUS Loans
Posted on:
March 20, 2020

UPDATE: As of May 2020, the U.S. Department of Education is ready to receive 2020-21 Federal Parent (PLUS) Loans and 2020-21 Graduate PLUS Loans.

 

Therefore, apply for the loan now if you have been waiting to do so, as the message below is now no longer in effect.

If you have questions on this matter you are encouraged to contact your Tulane financial aid counselor.

STOP! Need to Wait Before Applying for 2020-2021 Federal Parent (PLUS) Loans OR 2020-2021 Graduate PLUS Loans:

As of 03/20/2020, the U.S. Department of Education is not ready to receive applications for the upcoming 2020-2021 academic year in regards to Federal Parent PLUS Loans OR in regards to Federal Graduate PLUS Loans.  Any parent or graduate student attempting to apply for such a loan at this time for the 2020-2021 academic year will have their respective loan application erroneously tied to the current 2019-2020 academic year.  Therefore, we wish to counsel all those seeking to apply for these loans for the 2020-2021 academic year to hold off and wait until we update this notification to confirm that the Department of Education is ready to accept such 2020-2021 loan applications.  We apologize for the inconvenience, yet wish to avoid having you erroneously apply for the wrong academic year.  If you have questions on this matter you are encouraged to contact your Tulane financial aid counselor.

Faxes Not Accepted and Other COVID-19 News
Posted on:
March 16, 2020

As we confront the unprecendented health crisis brought about by the COVID-19 pandemic, Tulane staff will be working remotely until further notice, and so our offices will be closed to the public (the one exception will be for those medical students who have appointments to meet with Dr. Hanson through March 18).

Please note that faxes will no longer be accepted as of March 16, 2020 until further notice, and the U.S. mail is also discouraged as a method of sending documents to us for now, so please utilize the upload (PDF only) feature available through https://finaidforms.tulane.edu/Home/Account/Login if possible.

Your questions and concerns are important to us and our staff is monitoring email daily and will respond as fast as possible. Please visit https://financialaid.tulane.edu/meet-us to locate the email of a specific staff member who can assist you. Every family is assigned a financial aid counselor who you can locate based on the applicant's last name. If you have general questions or concerns, they may be directed to our office location email accounts.

In addition, our staff has access to Zoom, Microsoft Teams and Skype for Business. You may email your financial aid counselor directly to set up an appointment through one of those modes of communication.

Friday the 13th Office Closure
Posted on:
December 12, 2019

The Tulane Financial Aid Office will be closed for staff training on Friday the 13th of December.

Information Concerning 2020-21 Financial Aid Processing
Posted on:
November 21, 2019

IMPORTANT: Continuously check Tulane’s secure on-line Gibson portal to learn of any “To Do” items being requested. New items might be added to your “To Do” list at any time. For more details please refer to https://financialaid.tulane.edu/my-aid.

As Tulane’s various admissions offices are starting to make decisions regarding students who plan to matriculate for the 2020 fall semester, we wish to provide information as to the financial aid process for the 2020-2021 academic year.

For Incoming Full-time Undergraduates:

  • Students applying Early Decision (ED) should complete their 2020-2021 financial aid application(s)* by 11/15/19. Those meeting this deadline should anticipate receipt of an award notification starting the week of 12/9/19.
  • Students applying Early Action (EA) should complete their 2020-2021 financial aid application(s)* by 12/15/19. Those meeting this deadline should anticipate receipt of an award notification starting the week of 1/27/20.
  • Students applying Regular Decision (RD) should complete their 2020-2021 financial aid application(s)* by 2/15/20. Those meeting this deadline should anticipate receipt of an award notification starting the week of 3/16/20.
  • Students applying as Transfer Students should complete their 2020-2021 financial aid application(s)* by 2/15/20. Those meeting this deadline should anticipate receipt of an award notification starting the week of 3/23/20.

*The type(s) of financial aid being sought determines what financial aid application(s) and supporting materials you need to complete by the suggested deadline.

If only seeking federal student aid consideration (includes Federal Pell Grant; Federal SEO Grant; Federal Work Study; and all Federal student and parent loan programs), then complete:

  • 2020-2021 Free Application for Federal Student Aid (FAFSA)
  • Provide any additional documentation requested (such as verification documents)

If seeking to be considered for Tulane Scholarship (need-based scholarship), then in addition to the aforementioned FAFSA also complete:

  • 2020-2021 College Scholarship Service (CSS) Profile
  • Provide signed copies of parents’ 2018 federal income tax returns including all schedules and W-2 forms (if parents did not file a return, then a 2020-2021 Parent Non-Filer Worksheet must be completed)

More details on the financial aid application process is available at https://financialaid.tulane.edu/apply

IMPORTANT: Continuously check Tulane’s secure on-line Gibson portal to learn of any “To Do” items being requested. New items might be added to your “To Do” list at any time. For more details please refer to https://financialaid.tulane.edu/my-aid.

2019-2020 Financial Aid Awards for Returning Full-time Undergraduates
Posted on:
June 10, 2019

At this time the Tulane Financial Aid Office is reviewing completed 2019-2020 financial aid applications for returning full-time undergraduates. We anticipate that 2019-2020 award notifications for returning students will commence prior to June 30th.

As a reminder, if you are seeking consideration for Tulane need-based scholarship funding for the 2019-2020 academic year, you must complete/submit all of the following:

• 2019-2020 Free Application for Federal Student Aid (FAFSA)

• If selected for federal verification, a Federal Verification Worksheet and federal income tax documents

• Submission of any additional requested documentation if necessary (continue to check the "To Do List" in the Financial Aid section of Gibson Online)

• 2019-2020 College Scholarship Service (CSS) Profile form for parents (in separation/divorce scenarios, have the non-custodial parent complete the 2019-2020 CSS Profile for non-custodial parents)

• Submit copies of parents’ 2017 federal income tax returns (including all schedules and W-2 forms)

On the other hand, if you are only seeking federal student aid, then only the first three bullets referenced above need to be completed.

Please feel free to contact our office: 504.865.5723 with any questions on the aid application process.

Document Processing
Posted on:
December 18, 2018

Tulane DOES NOT participate in the College Board’s (CSS) IDOC process. Therefore, the preferred submission of any required forms and documents (only in a PDF format and maximum size 2 MB) is by directly and securely uploading to our processing system using the new File Upload feature. For instructions on using this online tool view the following instructions PDF. Please include student identifying information on all documents and communications. We have recently learned that the maximum file that can be uploaded through the secure upload is 2MB. If you experience uploading issues, please verify that the file size does not exceed the 2MB limit. If it does exceed the 2MB limit, we ask that you pursue one of the following options: 1) Be sure that the document is in a pdf format 2) Mail the document through the USPS (see address below) 3) Fax the document (see FAX below) or 4) Email to FADOCS (see address below, but PLEASE - MUST be password protected, and so please remember to send the password in a separate email). If you have any questions, please let us know.