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Step 5 Video: - Watch this video to understand and receive tips on this last step of the process.
Every year Student Financial Services conducts a fall review process to finalize student contributions and financial aid awards. The information provided during this process (and outlined below) will be used in our determination of your final financial aid award and final LIPP Eligible borrowing amount for the 2014-2015 year.
During Step 5, you will complete ALL of the remaining documents listed on the "Documents" tab of My HLS Financial Aid. The information provided below will help you understand what is expected of you to complete this step. The deadline to submit all of the remaining documents listed as required in your customized documents list, and to complete the e-signing process for all required loan promissory notes, is Friday, September 12, 2014at 5PM. You will receive emails as web forms and promissory notes become available for you to complete/submit, as well as reminders about the deadline.
The fall review process timeline is as follows:
The following is a list of documents that you may see on your "Documents" tab. Please refer to your actual list of required documents by logging in to "My HLS Financial Aid". ALL documents listed on your Documents tab must be "Received" or "Waived" by September 12th.
This form is REQUIRED from ALL financial aid recipients, including those receiving only loans and/or those who did not work over the summer. The information provided on this form is used to finalize our determination of your student contribution with regard to financial aid for the 2014-2015 academic year. This, in turn, allows us to finalize both your grant eligibility (if you are receiving grant) and any potential future eligibility for loan repayment assistance from LIPP.
NOTE: All students receiving SPIF regardless of whether a paystub is required still need to complete the Summer Update Web Form
When completing this form, please note the following definitions of "Summer":
To substantiate the summer income information you will provide on the Summer Update Web Form (listed above) the following income documentation is also required: Please remember to refer to our Document Submissions Guidelines when submitting your income documentation/pay stubs to our office.
All of these loan programs generally require you to e-sign a master promissory note only once for all three years of borrowing that you may do in these programs. Your "Documents" tab will list which promissory notes you are required to complete, please refer to the statuses below to determine what you need to do.
Loan Promissory Note Document Statuses listed on "My HLS Financial Aid"
To determine if you need to e-sign a promissory note for any of these loans, proceed to the "Documents" tab in "My HLS Financial Aid." You can find the status listed next to each loan promissory note which appears on your individualized document list. Below is the key which tells you what each document status means and outlines any action that is associated with that given status.
Links to E-Signing Instructions by Loan Program
Federal and American Bar Association regulations as well as HLS policy require that all entering students, transfer students and first-time aid applicants complete financial aid entrance counseling at the start of enrollment or when they receive Federal aid for the first time as a student at HLS. To fulfill this requirement you will need to log in to the federal entrance counseling form using your FAFSA login and pin information via the link below. Once you have successfully logged in, you will see a list of options both on the left hand side and the center of the page. Click on the “Complete Entrance Counseling” link and be sure to go through the entire form before you log out. You will receive a success page at the end and we will receive your completion notification with 48 hours. We ask that all new students complete this form, even if it is the case that you currently are not receiving funds through one of the federal loan programs. This will allow us to process any future loan applications and disburse the funds immediately instead of waiting for you to complete Entrance Counseling at a later date.Direct Loan Entrance Counseling
The HLS Restricted Funding Form is a web form required for all HLS need-based aid recipients. We use the information collected here to allocate our restricted funds according to a particular donor's intended preferences. Your responses to the following questions will have no impact on your grant/loan eligibility status or the actual amount of assistance you have been awarded.Restricted Grant Funding Web Form
All grant recipients each year are required to borrow a minimum of the base loan, which for 2014-2015 is set at $44,300. For domestic students the base loan is made up of a $20,500 Federal Direct Stafford Loan, a $6,100 Perkins Loan, a $2,900 HLS Unsubsidized Loan, and a $14,800 required supplemental loan. For international students the base loan is made up of $23,400 in Unsubsidized HLS Loan, $6,100 in Subsidized HLS Loans (to mimic the federal loans) and a $14,800 required supplemental loan. In order to remain eligible for the grant, students must apply for the required supplemental loan through a lender of their choice before we can finalize their aid. Once you submit a loan application we will automatically remove this document from your required list.
All grant recipients who originally reported that they would have one or more siblings enrolled in school during the 2014-2015 academic year must obtain documentation of this enrollment from their sibling's school. Having siblings enrolled in school at the same time as you are enrolled at HLS has a significant impact on our determination of your eligibility for need-based financial. As such, we require this documentation to verify that the number of siblings we treated as enrolled in our initial review of your eligibility for aid was correct. To complete this process, you will need to use the PDF found on the forms page of our website and be sure to have a separate form completed by the school of EACH sibling enrolled in school.Verification of Sibling Enrollment Form (PDF)
All international students are required to complete this form in order to disclose any funding they may be receiving from any entity in their country of origin to help finance their legal education at HLS.International Student Funding web form
Any other documents listed on the "Documents" tab must be completed prior to the deadline. This includes, but is not limited to:
In order for us to finalize your award you will need to submit all remaining parental tax information and parent web forms. We realize that many parents will not complete their tax forms until the October 15 tax extension deadline and therefore you will not be able to submit any outstanding parent tax data until then. Please complete all other items by the September 12th deadline and then follow up with any remaining parent items immediately after the October 15th filing deadline. We will be contacting all students in these categories directly to outline what is expected in more detail.
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