What types of aid are awarded?
How do I apply for financial aid?
- 1. Submit The FAFSA
- 2. Review your SAR
- 3. Apply for scholarships and grants
- 4. Wait for your award
- 5. Complete additional paperwork
You should receive a Student Aid Report (SAR) after completing your FAFSA. The SAR is typically sent in an email from the Department of Education. Review the SAR for accuracy and follow any instructions on the report. If your SAR is incorrect, please make the corrections and submit an updated FAFSA. Belmont will receive an electronic version from the federal processor.
Upon admission to the university, you are automatically considered for all sources of merit aid. However, some scholarships and grants may require a separate application.
Belmont's Office of Student Financial Services begins reviewing SARs as soon as possible after February 1. Awards are made on a first-come, first-served basis. Award letters are mailed to students as awards are completed.
Complete Entrance Counseling, Master Promissory Notes, PLUS Loan Application, and any other required paperwork. You may be asked to complete a verification worksheet to compare the data entered on your application with you and your parents' tax forms. You may download this form online:
Dependent Verification Worksheet
Independent Verification Worksheet
How do I maintain my financial aid?
Once you have been awarded financial aid, you must demonstrate satisfactory academic progress during your enrollment in order to maintain your aid. Undergraduate students are considered to demonstrate satisfactory academic progress if they achieve and maintain a 2.0 GPA on all coursework completed at Belmont and pass 75 percent of the hours they attempt.
Eligibility for federal programs will be evaluated as part of the initial application process and again at the end of each academic year. In the evaluation process, all grades of "W" (withdrawn) or "I" (incomplete) will be counted as hours attempted but not passed. Repeated courses will count as hours attempted. Entering students are considered to be making satisfactory academic progress.
Students cannot receive aid after attempting 150% of the hours required for completion of their academic program, including hours accepted for transfer credit.
Each year, students must reapply for assistance through the U.S. Department of Education. The amount offered in grants, loans, and work study may vary from year to year. All federal programs are subject each year to action by the Congress of the United States of America.