Thursday, 20-Nov-2008 14:50:04 MST

 
Poznan University of Medical Sciences
Student Assistance Web Site for the English Programs

Financial Aid Procedures

Please review this page carefully, and please be sure that you have read both the Financial Aid Guide and Student Guides in the Forms section. The Financial Aid Guide has a lot of answers to common questions.  The financial aid process for stafford, signature and Canadian loans is outlined at the bottom of this page.  There is additional important information below the instructions.   Students should also review the Forms & Links pages available on the left navigation bar.

 

Please be advised that due to changes in goverment regulations starting in the Fall 2006 semester, ("The Reconciliation Act"), all student loans must be distributed in two dispursements. Therefore students receiving stafford loans will have their costs of tuition split into two portions in order to receive the first half of their refund for living expenses and costs.

Please be advised that as of October 2006, eligible US students have the option of applying for a Federal PLUS Loan in addition to Stafford and Private loans. To apply, visit http://www.amsa.com.

Please be aware, as of 2005 all returning students must complete all of their financial aid requirements before planning to go back to Poznan. If you arrive in Poznan and have not completed ALL your loan paperwork, you may be expected to pay privately until the loan arrives.


Click Here to Login to Student Services (Financial Aid, Distribution Form, Student Bill)

Click Here to complete the required Entrance Loan Counseling - New Students
Choose Foriegn Territory/Poland/Poznan University of Medical Sciences

Exit Loan Counseling - Graduating Students Click Here
Choose Foriegn Territory/Poland/Poznan University of Medical Sciences

Process for Federal Stafford Loan Applications:

  1. Complete online FAFSA and confirm that the school has received said FAFSA.(Students should know that it is their responsibility to track the progress of their loans).  The school code is G30917
  2. Students must confirm that the FAFSA is completed correctly as well as address any extra comments on the page 1 of the ISIR. This can be done by email or phone with the acting Financial Aid Administrator or Financial Aid Assistant.
  3. Student must check if the University Dean's Office and Financial Aid Office has a clear copy of their US Passport or Permanent Residence Card on file. (All students)
  4. All first year students must complete their entrance loan counseling in the first year. Loans will not be processed until receipt of the required entrance loan counseling is confirmed by the Financial Aid office.
  5. Student must obtain an MPN from the lender of their choosing and mail the original copy with an original signature to the NY office. You can download a form fillable pdf at http://www.iefc.com (No faxes will be accepted)  It is up to the student to research their available lenders. By law students must choose their own lender on their application.
  6. Student must show to the Financial Aid Office that he or she is a full or half time status student who is in good standing with the university. This can be done by contacting the Dean's office for a confirmation letter or email sent directly to the Financial Aid Administrator in NY.

Process for Plus and Signature Loan Applications:

  1. Student must submit their application for Federal Plus Loans or Sallie Mae Signature Loans to the NY office and it is the students responsibility to make sure the Financial Aid Office Receives the certification for such loan.
  2. Student must show to the Financial Aid Office that he or she is a full or half time status student who is in good standing with the university. This can be done by contacting the Dean's office for a confirmation letter or email sent directly to the FAA in NY.
  3. Students must understand that they cannot borrow over their cost of attendance and they have a limit of what they can borrow. )Check Schedule of COA)
  4. Once the loan is approved it will be sent by certified a paper check or electronic transfer to the school. The funds are immediately applyied to the students account where tuition and fees will be deducted. The remaining amount will be sent to the student by method of their choosing ie. wire transfer or paper check. Students must login to online student services on this website to complete their online distribution form which will tell the school where to send the loan refund.
  5. Once the distribution info is received by the FAO please allow 1 week for distribution.

Process for Canadian Loan Applications:

  1. Student must contact the ministry of education in their province for regulations and requirements.
  2. Students must then obtain all forms from the ministry's and complete the student portions. Once done the documents should be sent in to the FAO in NY to be completed. The forms will then be forwarded on the appropriate agencies with the student copy returned to the student.
  3. Canadian loans are disbursed directly to the student for their use.
  4. Student must show to the Financial Aid Office that he or she is a full or half time status student who is in good standing with the university. This can be done by contacting the Dean's office for a confirmation letter or email sent directly to the FAA in NY.

Additional Important information for all students:

  • All students should review the Financial Aid Guide(PDF), available online or mailed by request, as well as the current edition of the Student Handbook (Available at the dean's office) for important information about all forms of loans and requirements.   The Financial Aid Guide contains important information about deadlines, and the normal time it takes for refunds to occur.
  • All students are responsible for completing all necessary deferments and forbearances. Documents must be obtained by the student from their previous loan institutions and mail the letter in to the NY Office with an original signature. (No faxes will be excepted)
  • If a student is in default on any previous school loans this will halt the loan process until the student can clear up their previous loans. Questions regarding default can be answered by the Financial Aid Office, but the student must clear up the issue on their own.
  • All students will receive an email confirmation when their loan is approved and submitted to the International Education Finance Corporation for processing. The loan take approx. 2 to 6 weeks to process and no student can receive their loan before 1 week of the start of classes.
  • It is the responsibility of the students to update all contact information on the student services website. All information will be sent to the email address on file.

 


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