FAQ - Financial Aid Award Letter - Evangel University

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FAQ: Financial Aid Award Letter

What is an award letter?

An award letter lists the types and amounts of financial assistance that you are qualified for based on your FAFSA. Award letters are mailed out by the Office of Financial Aid and are viewable in the student portal in “My Financial Aid” under the Awards tab. Your award letter includes “Next Steps” instructions that will allow you access to your financial aid information on our website.

When will I get my award letter?

Initial award letters are usually mailed mid-December through mid-January and are mailed on a regular basis for the remainder of the award period. It can take a few weeks after you submit your FAFSA for us to process your aid eligibility and prepare an award letter.

What do I do if I don’t get an award letter?

To check on the status of your award letter, e-mail finservices@evangel.edu.

Will my awards change if I’m not full-time?

Yes, all awards are based on your full–time semester enrollment of 12 hours or more. Traditional undergraduate students are full-time at 12 or more hours. Graduate students, refer to your program information to verify full time hours. If you drop below full–time status, grant and loan amounts may change. Check with the Office of Financial Aid staff to determine how changing your class load may affect your financial awards.

Do I have to accept the loans on my award letter?

No, you can accept or decline the aid offered to you by clicking the “Accept Awards” tab on your My Financial Aid page.

Can I change an award after accepting or declining it?

Yes. You can change an award to accepted or declined any time by contacting your Financial Aid Counselor. Please be aware, all requests to receive a loan will need to be made prior to the last day of classes for the semester.

What is the deadline to accept my awards?

The priority deadline to accept your awards is May 1.

What is the difference between grants, scholarships, work study, and loans?

Grants are awarded funds that do not have to be repaid. Most grants are awarded based on financial need.

Scholarships are awarded for superior performance in various areas. Find a scholarship at Evangel University or search for an external scholarship to find awards that may not need to be repaid.

Loans are funds awarded that need to be repaid. These include Direct, EUSL, PLUS, and private loans.

Federal Work-Study provide students opportunities to obtain employment for a specified number of hours on campus or in the community and awarded based on financial need.