|
Financial Aid
Credit on Your Bill |
| |
| Pell
Grants |
| Actual credit
will be applied after Student Financial Services
has performed extensive eligibility verification
required by federal regulations. You must be
enrolled for at least four credit units to receive
full Pell Grant credit. |
| |
| Third
Party / Outside Scholarships and Billable Agencies |
University of Pennsylvania,
Student Financial Services
Attn: Outside Scholarships/Billable Agencies
140 Franklin Building - 3451 Walnut Street
Philadelphia, PA 19104-6270
Do Not send Third Party / Sponsored Scholarships to the
P.O.
Box address used for submitting personal payments. |
| |
| Federal
Stafford Loan |
| If
your Financial Aid award includes a Federal Stafford
Loan, but you have not yet filed a Master Promissory
Note, you should do so as soon as possible to
avoid losing Stafford Eligibility for this year. |
| |
| Perkins,
Health Profession, Nursing, Penn Guaranteed and
Wharton Loans |
| Loan credit will be
applied to your student account after SFS receives
your signed promissory note. |
| |
| CitiAssist
Loans |
Funds will be disbursed
to your student account via electronic funds
transfer each term as funds are received from
Citibank.
|
| |
| Federal
Work-Study Program |
| These funds are not applied to your
student account. You will be paid weekly through
the University's payroll system by the employing
department based on the hours you work. |
| |
| Temporary Credits |
| You are responsible
for the full amount due on your bill. However,
some sources
of funds, such as Federal Stafford Loans and Penn
CitiAssist Loans, are not available at the time
of billing. As a convenience to you, temporary
credits for these awards will be posted to your
account. This allows you to pay the amount due
net of your pending disbursements. These temporary
credits will be removed on the date indicated on
your statement, or earlier, as actual payments
are received. |
| |
| Important
Note: |
| Check Penn
Portal for the status
of your loan application and disbursements as
well as the status of your financial
aid application. No action can be taken on your
financial aid application until our office receives
all required documents. |
