How do I apply for financial aid; and when is the application available?
You will be required to complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov. You must apply for financial aid for each academic year and the application is available on January 1st annually. To complete the FAFSA you will need to create a FSA ID. The FSA ID consists of a user-created username and password. It replaced the PIN effective May 2015.
What documents do I need to complete the FAFSA?
When completing the application, applicants and parents should have their financial documents on hand. In addition to financial documents applicants should have the following:
Are only U. S. citizens qualified for financial aid?
No. Non-citizens who have permanent citizenship or a green card and a valid social security number are eligible for financial aid.
If I did not file taxes, can I still complete the FAFSA?
If you are not required by law to file a tax return, you can still complete the FAFSA. However you will be required to provide any source of income or benefits earned.
How can I contact the federal processors about my FAFSA?
What is UVI's Federal School Code?
The University of the Virgin Islands has two school codes. Use only ONE code on your FAFSA.
What is the early application deadline?
March 1 is the priority deadline. An application submitted after June 1 is considered late and can be subjected to processing delays.
Why should I file by the University's priority deadline?
By filing your application by this date, you may qualify for campus based aid such as the Supplemental Education Opportunity Grant, UVI Grants, Perkins Loan, and Work Study. These programs are limited in funding and are only awarded to students who meet this deadline and have a completed all their financial aid requirements.
How do I apply for UVI scholarships?
UVI scholarships are available MARCH 1 for each academic year. Most scholarships require a 3.00 GPA in order to qualify.
When will I receive my award notification?
Once the application is complete and all required documents submitted, newly admitted students will begin receiving notification in May and returning students will begin receiving notification in June.
I attend college part-time, will I still be eligible for Financial Aid?
Once, eligible, financial aid is available for part-time as well as full-time students. Part-time students can receive Pell Grants and Direct Loans. However, students must be enrolled at least for 6 credits in order to have a Direct Loan processed.
Can I receive Financial Aid for summer classes?
You may have remaining eligibility for a Pell Grant. If you attended part-time during the academic year or were enrolled for one semester only. You may also apply for a direct loan if you did not exceed your loan limits for the loan period use up your full loan eligibility. Be sure to check with the Financial Aid office.
If I completely withdraw from classes, will this affect my financial aid?
If you completely withdraw from all classes, a withdrawal calculation will be done to determine the amount of financial aid that must be repaid.
Does UVI offer a Net Price Calculator?
Yes. UVI uses the U.S Department of Education sponsored Net Price Calculator. The Net Price Calculator is available from the Financial Aid homepage - and from this direct link: UVI Net Price Calculator.