April 30, 2020

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Agenda:

  • Welcome and Introduction of Panelists
  • Emergency Aid Program
  • Financial Aid Process and Deadlines
  • Merit Scholarships for Continuing Students
  • Financial Aid Appeals Process
  • Important Next Steps
    • Fiscal Clearance
    • Payment Plans

Financial Aid Process & Deadline:

  • Complete FAFSA
    • Fafsa.gov or studentaid.gov
    • Summer School – Requires 2019/2020 FAFSA
    • Fall Term – Requires 2020/2021 FAFSA
  • Financial Aid Offer Notification – sent to XULA email
  • To accept/adjust/decline – visit Banner Web
  • Parent Plus Loans cannot be accepted by student
  • For additional information visit xula.edu/financialaid
  • Congratulations Graduating Seniors!
    • Exit Counseling Extended to May 1
  • Summer School
    • Deadline Extended to May 8
  • FAFSA & Verification Documents
    • June 1 – Financial Aid/Estimated Offer
  • Professional Judgment
    • June 1
  • Satisfactory Academic Performance (SAP) Appeal
    • July 10

Scholarships:

  • Continuing Students - Merit Scholarship Update
  • TOPS (Louisiana Students)
    • Continuing
    • Incoming
  • Visit Scholarship Search Database for Outside Scholarship Opportunities

Financial Aid Appeals:

  • Satisfactory Academic Progress
    • Not meeting – Email notification with details
    • File an appeal on or before July 10
  • Professional Judgement
    • For extenuating circumstances that caused a substantial change to income call financial aid office ASAP
    • June 1

Fiscal Clearance Process and Deadlines:

  • If you have a zero or credit balance you will automatically be Fiscally Cleared.
  • If your financial aid (including scholarships) does not cover the entire cost of tuition, fees and housing (if applicable) you will have a “minimum payment required”. 
  • Please submit your required minimum payment to be Fiscally Cleared.  Payments can be made online by logging into your Banner Web account or by mail:
    • Xavier University of Louisiana, Office of Student Accounts: 1 Drexel Drive, Box 121 New Orleans, LA  70125
  • Required payment (1/2 due to the Office of Student Accounts) by the following dates:
    • May 20, 2020 – Summer 1 & 3, 2020
    • June 22, 2020 – Summer 2, 2020
    • July 17, 2020 – Fall 2020

Payment Plan Process:

Summer 2020 Payment Plan

  • Summer 1: May 25 is the final day for fiscal clearance.  The final payment for Summer 1 is due on or before June 26, 2020.
  • Summer 3: June 5 is the final day for fiscal clearance.  The final payment for Summer 3 is due on or before July 31, 2020.
  • Summer 2: June 26 is the final day for fiscal clearance.  The final payment for Summer 2 is due on or before July 31, 2020.

Fall 2020 Payment Plan

  • By fiscal clearance deadline, July 17, ½ of the balance after financial aid is due.
  • ½ of the remaining balance is due on or before Sept 30, 2020.
  • Final payment is due on or before October 31, 2020.

Important Contact Information:


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