Understanding Your Award Letter

Download the "Your Financial Aid Eligibility Letter" booklet , which will explain the financial aid resources available to you. Read the information carefully and keep it for future reference.

Your Financial Aid Eligibility Letter  

Information Inside:

• Accepting your Student Loans
• Payment of your Financial Aid
• Appealing your Financial Aid
• Conditions of Your Financial Aid
• Glossary
• Financial Aid as Taxable Income

If you have any questions about your financial aid,
please contact us:

• finaid@upstate.edu
• 315 464-4329

Note: If you are receiving additional aid not reflected in your Eligibility Letter, or if your enrollment status has changed, we are required to recalculate your financial aid eligibility and, if necessary, adjust your aid.

To Accept or Reject Your Financial Aid

You must sign, date, and return your eligibility letter within two weeks of the date of the letter. All Entering students must also complete the back of the letter. If you are a Returning student and wish to change your lender, you must also complete the back of the letter. If any forms are enclosed, these must be returned to the Financial Aid Office before funds can be processed.

You may refuse any part of your financial aid. Cross out the funds you do not want, sign and date one copy of the letter, and return it to our office. Please do this within two weeks of the date shown on the enclosed letter.

If you wish to borrow less on any of your offered loans, indicate the amount you wish to borrow on the eligibility letter. You may request the remaining balance of your loan anytime during the current academic year. If you borrow the maximum loan now and later decide to borrow less, you can request that some or all of your student loan be returned.

NOTE: To apply for your Federal Stafford, Federal GRADPLUS, or Private loans, you must review the instructions listed in this document.