Financial Aid Blog

Financial Aid Office Closed on Friday, July 13th

The Financial Aid Office staff will be off campus on Friday, the 13th so the office will be closed.  If you have any questions or need to visit with the staff, please plan to do so before Friday.  No emails or calls will be returned that day. 

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Don't Pay to Complete the FAFSA

The actual FAFSA is ALWAYS free.

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2012 Clergy Tax Workshop

It is time to mark your calendar for the Annual Clergy Tax and ELCA Board of Pensions Workshop. This workshop serves as a brief primer to the intricacies of clergy tax law and a basic introduction to the options available under the ELCA Board of Pension benefit programs. For years, seniors have given this workshop high evaluations.

Register by Tuesday, February 14.......Don't miss out!  

December , J-Term, and Spring grads are welcome to attend.  
Lunch will be provided.  
Spouses are welcome

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2012/2013 Financial Aid Application

The 2012/2013 financial aid application is now available.  You can find it by going to www.luthersem.edu/faonline.  The login will be the same as your email and MyLutherNet login.  If you are unable to access the application please contact us at finaid@luthersem.edu.

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Change to the Federal Application Process (FAFSA)

2012-2013 FAFSA Information

The 2012-2013 Free Application for Federal Student Aid (FAFSA) form will be available for completion on 1/1/2012.  In order to be eligible for student loans for the 2012-2013 academic year, you must reapply or complete this form.  Before you can complete the FAFSA form however, you must complete your 2011 IRS taxes.  The FAFSA on the Web can be completed at www.fafsa.ed.gov .  Note:  The 2011-2012 form can be accessed until 6/30/11 on the website;

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Student Loan Default Facts and Repayment Tips for Struggling Borrowers

 

Default and Repayment Fact Sheet

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For Recent May 2011 Graduates

By now, you should have received repayment information and be getting ready to make your first payment on your Stafford student loan(s) – or making arrangements to postpone payments.  Remember:  You are responsible for making payments even though you may not have received any communication from the holder of your loan.  If you do not know who to make payments to, visit www.nslds.ed.gov to determine the holder of your loan.  You should then contact them (the contact information

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Take Advantage of Tax Benefits for Higher Education

It’s that time of the year again, when college students prepare for finals, and high school seniors make a few last edits on their college essays. But there’s another important lesson students shouldn’t overlook: learning how to best take advantage of higher education tax benefits available from Uncle Sam.

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National Student-Debt Refusal Campaign

Our office would recommend that you NOT participate in a National Student-Debt Refusal campaign. Hopefully the idea alone will get the attention of lawmakers, but participating can only do serious damage to your credit rating.  See more at:

chronicle.com

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Recent changes to the federal student loan program.

I know many of you are getting confusing information concerning the recent changes enacted by President Obama.  Below is a link to the clearest information that we have found.  We will continue to monitor these changes and update you as warranted.

Clearing Up Some Confusion About the New Federal Student Loan Rules

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