How to apply for financial aid/FAFSA
- To begin your application for Financial Aid, you can go to the Free Application for Federal Student Aid (FAFSA)
- The application will be available beginning October 1; for priority consideration, you must submit your application by March 15, but it is best to submit it as soon as possible to reduce a delay in processing. Missing the priority deadline does not mean you won’t get financial aid.
- When filling out the application please make sure to enter your legal name as it appears on your driver’s license/social security card to ensure it is processed correctly.
- It takes between 2-3 weeks for the University to receive the FAFSA. Once we have it, Cecilia Corpus, our financial aid processor, will begin reviewing your application. This process usually takes another 2-3 weeks. You may email Ceci at firstname.lastname@example.org.
After you have submitted the FAFSA
- Using your student credentials, you can now log on to your student portal MyStatus at utep.edu. This is a portal that will connect you to the most up-to-date statuses on your account. Housed in this portal is information on Financial Aid, Admissions, Orientation, and Holds. You may also update your student information through MyStatus.
- If pending items are not handled in a timely manner, they will lead to longer processing times. You can view your pending items through MyStatus > Financial Aid.
Your financial aid award
To accept your awards, you must do the following: Go to my.utep.edu > Goldmine > Financial Aid > My Award Information > Award by Aid Year > Choose the current term > Accept your Terms and Conditions > Accept Award Offer Should you have any questions, your point of contact is Cecilia Corpus, our financial aid processor. You may email her at email@example.com.
How to read the Financial Aid Award Offer
(This is only an example of an Award Offer. Your account may reflect different award types)
- Column 1 shows a list of awards you have been offered. For an explanation on the type of award you are receiving, please visit the following pages on the UTEP Financial Aid website: Loans or Grants
- In Column 2, you will be able to Accept or Decline an award. If you wish to accept a partial amount, an empty box will be provided for you to type in the desired amount. (Be advised that when you accept a partial amount, it is split in half for each semester)
- Column 3 lists the term in which the awards are being offered.
- Column 4 shows the amount per semester in which you are eligible for the award.
- The row marked 5 shows the total amount of aid you will receive for the year.
Financial Aid Management
Once your financial aid has been processed, you must stay up-to-date with the processes and requirements post-disbursement.
- Refund/Disbursement: After financial aid pays out, if there are any funds remaining, you can set up direct deposit to receive the funds through your bank account instead of receiving a check by mail. This process usually takes about 5-7 business days after your refund has been processed. To set up your direct deposit, go to utep.edu > Finances > Direct Deposit.
- Satisfactory Academic Progress (SAP) and enrollment levels for financial aid): We know you are working toward an important milestone: a degree from UTEP. We want to help you achieve this goal and understand that financial aid is part of your future success. To remain eligible for financial aid, you must continue making progress toward your degree.
Federal regulations, HEA Sec. 484(c), §668.16, 668.34, require all schools participating in Title IV federal financial aid programs to have a Satisfactory Academic Progress (SAP) policy that meets the requirements detailed below.
These conditions apply to all students as one factor for determining eligibility for financial aid. This is determined once a year after spring grades have posted. In accordance with federal regulations, financial aid will only be applied to courses included in a student’s program of study (degree). Any courses a student chooses to take outside of the program study (degree) will not receive financial aid.
Financial aid awards are based on full-time enrollment during the fall, spring and summer semesters. However, financial aid will not cover payment if a student is not enrolled in courses listed on their degree plan or is making a third attempt of a previously passed course (see Complete Repeat Coursework Policy).
|Academic Level||Full-Time||Three-Quarter Time||Half-Time||Less Than Half-Time||Summer Enrollment Level|
|Undergraduate||12+ hrs||9 - 11 hrs||6 - 8 hrs||1 - 5 hrs||3 hrs|
|Graduate||9+ hrs||6 - 8 hrs||4.5 - 5 hrs||3 hrs||4.5 hrs|