Q. Does UNH offer financial aid to Graduate Students?
R. Yes, UNH is committed to assisting our Graduate Students in the financing of their education by offering a comprehensive financial aid program. We try to meet the needs of Graduate aid applicants through a "package" of assistance, generally consisting of:
Federal the Direct Unsubsidized Student Loan - The primary financial aid source for most graduate students. Student loans are awarded to graduate students who are U.S. citizens or eligible non-citizens, are matriculated and enrolled at least half-time (5 credits per trimester) , and have completed the financial aid application process. Graduate students may be able to borrow up to $20,500 per year in Federal Direct Student Loans, however this amount may be lower depending on the student's enrollment plans or other financial assistance a student is receiving. Students are responsible for paying the interest on Unsubsidized loans. You can opt to make interest only payments once per quarter which will assist in reducing accumlated interest. More information on the Federal Direct Student Loans can be found here.
Graduate Work Program - Offers competitive appointments for full time (9 credits per trimester) Graduate students in either an administrative or teaching/research capacity. Positions offered through the Graduate Work Program provide a half-tuition grant and a work stipend. A selected group of positions are awarded through the Admissions process. An open application process for all unfilled positions begins in May and continues throughout the remainder of the year as positions become available. You can search for open positions via the Graduate Work Program Page.
Student Employment - Graduate students who receive a position are provided with a stipend compensatory with working between 15 - 20 hours a week.
Q. How do I apply for aid?
R. If you applying for Graduate aid for any term in the 2012-2013 academic year (Fall 2012, Winter 2013 or Spring 2013) you are required to submit the 2012-2013 FAFSA.
If you applying for Graduate aid for any term in the 2013-2014 academic year (Fall 2013, Winter 2014 or Spring 2014) you are required to submit the 2013-2014 FAFSA. The FAFSA is available each year beginning January 1.
Q. Will my financial aid cover my course costs?
R. If students are eligible for the maximum student loans of $20,500 per academic year, it will cover most of the cost for a full time course load for most UNH Graduate Degree Programs. You should monitor your student billing account on e-pay, the university's on-line student account system, to review your current balance status. A current list of graduate charges is also available on the Bursars website. Any excess financial aid fund,s after tuition and fee charges are satisfied, will be returned to students in the form of a refund from the Bursars Office.
Q. When will I receive my refund?
R. A refund can only be issued when there is a credit on your account at the Bursar's office (i.e. there is excess financial aid after all of your university tuition and fee costs have been covered). To expedite a refund, you need to make sure that all of your financial aid requirements are completed including submission of an accepted financial aid award, completion of a Federal Student Loan Master Promissory Note and/or Student Loan Entrance Counseling session (if required) and proper enrollment in the upcoming term. Failure to complete any of these procedures can result in a delayed refund.
If all of your financial aid requirements are completed, your aid will disburse to your account on the first day of the trimester. If the aid creates a credit on your account, the Bursars office will generate a refund. Under federal regulations, the Bursar's office has 14 days once a credit is created to process a refund. Traditionally our Bursar's office makes every effort to expedite that process in a shorter timeframe. Refunds are processed on a weekly basis and are available for student pickup on Fridays at the Bursar's Office. Students may also set up direct deposit for their refunds. For more information regarding refunds click here.
Q. Do I need to notify the Financial Aid Office if I add or drop a class?
R. Yes. There are several reasons that you have to notify us that you have added or dropped a class:
1. Some loans and grant programs require you register for a specific number of credits each trimester. FederalStudent loans are only available to students that are enrolled half-time or above (5 credits are more) in any given trimester. Our Graduate Assistantship positions are only available to fulltime students (9 credits per trimester) with the only exception being the last trimester of enrollment where the student may enroll half-time and still receive the Graduate Assistantship grant for 50% of their tuition.
2. The number of credits you register for determines your enrollment status (ie. full time, part time) and this in turn may affect the amount of financial aid you can receive. Your overall Cost of Attendance is derived by your enrollment status.
3. Satisfactory academic progress, a mandatory regulation for maintaining financial aid, may be affected by dropping classes. You were awarded aid based on achieving a specific number of credits per term (as stated in your financial aid award). If you do not successfully earn those credits at year end, when we check academic progress, you will be ineligible to receive aid for the next academic year until those deficient credits are achieved. Students have an opportunity to appeal their loss of eligibility.
Bottomline... before you change your schedule, drop a class or withdraw from a class, you must notify the Financial Aid Office to determine if that change will affect your eligibility for aid or your loan amounts.
Q. What are the most common errors when applying for financial aid?
R. Filing your application late - Incorrect Social Security Numbers – Omitting the school code 001397 on the FAFSA - Not using your legal name from your social security card - Submitting illegible, incomplete, or unsigned documentation - Failing to report other untaxed income such as child support, contributions to a 401k plan or an IRA, etc. - Under reporting or failure to report student assets, examples found on the 2012-2013 FAFSA worksheet - Incorrect reporting of number in household/college on the FAFSA. Please double check your FAFSA before submitting it.
Q. If I receive an outside scholarship must I notify the Financial Aid Office?
R. Yes. Anytime a student receives funds from an outside company, employer, agency, or civic group they must report it to the UNH Financial Aid Office.
Q. Do I have to re-apply for financial aid every year?
R. Yes. Financial aid is not automatic and must be reapplied for each year. You can file anytime after January 1, and our deadline to submit the FAFSA is March 1.
Q. Who do I contact with additional questions or for more information on financial aid?
R. The Financial Aid Office is located in Maxcy Hall, Room 118B, and is open from 8:30 AM – 4:30 PM Monday-Friday. We can also be reached at (203) 932-7315, toll-free at 1-800-DIAL-UNH, ext.7315, or by email at email@example.com.