|Location:||Enrollment Services Center (ESC),
Lawshe Hall, Room 130
|Monday and Thursday:||7:30 a.m. – 4:30 p.m.|
|Tuesday and Wednesday:||7:30 a.m. – 6:30 p.m.|
|Friday:||7:30 a.m. – 4:30 p.m.|
Financial Aid Office Phone Number: (219) 989-2301
|Monday and Thursday:||8:00 a.m. – 4:00 p.m.|
|Tuesday and Wednesday:||8:00 a.m. – 6:00 p.m.|
|Friday:||8:00 a.m. – 4:00 p.m.|
Note: Student Accounts opens ½ hour later and closes ½ hour earlier than the posted ESC hours.
Student Accounts Phone Number: (219) 989-2560
On a DAILY basis, students should:
- Check personal e-mail (as provided by student on their FAFSA) and Purdue Calumet e-mail for important messages.
- Check PCSTAR (Purdue Calumet Student Access to Records) for important messages and to review any documents or action that may be required.
Student Accounts accepts payment for tuition and fees, issues refunds as appropriate for dropped credit courses, distributes financial aid refunds, administers payment options, and collects payment for University traffic tickets and other miscellaneous University charges. Students should access PCStar or myPUC to view their account. A student insurance plan is available through an outside vendor. Packets are available in the Enrollment Services Center, Lawshe 130. Personal checks (up to $50) will be cashed upon presentation of a student ID, driver’s license, or state ID. A notary public is available for notarizing University documents.
Financial Aid administers a comprehensive financial aid program that includes scholarships, grants, loans, and work-study. Students requiring assistance in understanding the financial aid process and in meeting their college expenses are encouraged to meet with a financial aid counselor.
To insure full consideration for all forms of financial aid, students must:
APPLY FOR ADMISSION:
Students must be admitted to the University as degree-seeking students to be considered for financial aid. Students should not wait to be admitted to file their Free Application for Federal Student Aid (FAFSA).
All applicants, new and continuing, should file a FAFSA annually, designating Purdue Calumet (001827) as a recipient of the data. The FAFSA should be filed by March 10 in order to receive priority consideration for Federal, State, and institutional aid. The deadline for state aid eligibility is March 10.
How to Apply:
Students interested in applying for financial aid must complete a Free Application for Federal Student Aid (FAFSA) to be considered for grants, loans, work-study, or need-based scholarships. The FAFSA can be completed in one of three ways:
- FAFSA on the WEB: first time filers should enter their information at www.fafsa.gov. Previous filers will be prompted to update their prior year FAFSA information. To electronically sign your FAFSA (new or previous filer) students and parents (if applicable) must have a PIN which can be obtained at www.pin.ed.gov.
- FAFSA Paper Form: students can request a paper FAFSA by calling the Federal Student Aid Information Center at 1-800-4-FED-AID (1-800-433-3243). A paper FAFSA can also be obtained by accessingwww.federalstudentaid.ed.gov and by clicking on “FAFSA Filing Options” under Announcements.
- FAFSA on the Phone (1-800-433-3243) is a non-Web, paperless alternative. The FAFSA on the Phone is completed with the assistance of a Federal Student Aid Information Center customer service representative
Note: Students must reapply for financial aid each year! Students who are hearing impaired should contact the TTY line at 1-800-730-0913.
How Financial Need is Determined?
Submission of the FAFSA is the first step in the financial aid process. The FAFSA contains detailed information about yearly income and assets, taxes paid, family size, and number of family members enrolled in college. The purpose of the FAFSA is to determine the Expected Family Contribution (EFC). The EFC is an amount the federal government determines the student and family are expected to contribute toward the student’s education for the academic year. If a family’s financial situation has changed (loss of income, high medical expenses) since last year, or since the FAFSA was filed, the Office of Financial Aid and Student Accounts should be contacted to determine whether a special circumstances appeal may be submitted.
Since students are the primary beneficiaries of their college education, they are expected to provide whatever resources are available to them toward the cost of their education. These resources may consist of employment earnings, savings, and other assets.
Financial aid is awarded to meet financial need (the difference between the cost of attending Purdue University Calumet and the amount the family is expected to contribute toward the student’s education).
Note: Students must reapply for financial aid each year! Students who are hearing impaired should contact the TTY line at 1-800-730-8913.
Types of Financial Aid:
Financial assistance falls into two categories: Gift aid (aid that does not have to be repaid) and Self-help aid (aid that has to be repaid or earned through employment). Once the level of a student’s financial need is established, a “package” of financial aid is determined to help meet the student’s financial need. This “package” may include aid from several different sources as shown below.
A form of gift aid requiring a student to show financial need in order to be eligible. Grant programs from the Federal government include the Federal Pell Grant, and Federal Supplemental Educational Opportunity Grant (FSEOG). Grant programs from the State of Indiana include the Frank O’Bannon Grant, Twenty-first Century Scholars Program, and the Twenty-first Century Scholars GEAR UP Scholarship.
A student may earn money to help defray educational costs through employment in the Federal Work-Study Program. A student earns money by working part-time on or off campus while enrolled. Federal work-study is considered self-help aid.
Loans are also considered self-help aid and require repayment, with interest, usually beginning six months after the student graduates, withdraws, or is enrolled less than half time. See below for more specific loan program information.
William D. Ford Federal Direct Loan Program:
(Subsidized and Unsubsidized Stafford Loan Program) The Subsidized Stafford Loan is a need-based loan where the government pays the interest on the loan while the student is in school attending at least half-time. The Unsubsidized Stafford Loan is not a need-based loan and the government does not pay the interest on the loan while the student is in school.
If you are a dependent undergraduate student, excluding students whose parents cannot borrow PLUS (parent) Loans, each year you may borrow up to:
- $5,500 if you are a first-year student enrolled in a program of study that is at least a full academic year. No more than $3,500 of this amount can be a subsidized loan.
- $6,500 if you have completed your first year of study and the remainder of your program is at least a full academic year. No more than $4,500 of this amount can be a subsidized loan.
- $7,500 if you have completed two years of study and the remainder of your program is at least a full academic year. No more than $5,500 of this amount can be a subsidized loan.
If you are an independent undergraduate student, or a dependent student whose parents have applied for but were unable to obtain a PLUS (parent) Loan, each year you may borrow up to:
- $9,500 if you are a first year student enrolled in a program of study that is at least a full academic year. No more than $3,500 of this amount may be a subsidized loan.
- $10,500 if you have completed your first year of study and the remainder of your program is at least a full academic year. No more than $4,500 of this amount may be a subsidized loan.
- $12,500 if you have completed two years of study and the remainder of your program is at least a full academic year. No more than $5,500 of this amount may be a subsidized loan.
If you are a graduate or professional degree student, each year you may borrow up to:
Aggregate Loan Limits:
- Undergraduate Dependent Students: $31,000 (no more than $23,000 of which can be subsidized)
- Undergraduate Independent Students: $57,500 (no more than $23,000 of which can be subsidized)
- Graduate and Professional Students: currently $138,500 (no more than $65,500 of which can be subsidized.)
These amounts are the maximum annual amounts you may borrow in both subsidized and unsubsidized Direct Loans, individually or in combination. Because you cannot borrow more than your cost of attendance, less the amount of any Federal Pell Grant for which you are eligible, less any other financial assistance you will receive, you may receive less than the annual maximum amounts.
The interest rate for loans first disbursed on or after July 1, 2013 are as follows:
- Undergraduate Subsidized Stafford 3.4%
- Undergraduate Unsubsidized Stafford 6.8%
PLUS Loans for Graduate and Professional Students:
Graduate and professional degree seeking students may now borrow from the PLUS program. A good credit history is required. The repayment period begins on the date of the last disbursement of the loan, and has a fixed interest rate of 7.9%. Eligible students may borrow up to the cost of attendance, less other financial aid received. Filing a FAFSA is required.
Students may consolidate their federal education loans. Additional loan consolidation information may be obtained by visiting United States Loan Consolidation or by calling 1-800-557-7392 or TDD 1-800-557-7395.
All students, (new and continuing) who meet the eligibility criteria as designated by the scholarship donors, are automatically considered for both merit and need-based Purdue Calumet scholarships. Please note that a separate scholarship application is required for a few institutional scholarships: Access the following website for the applications. To be considered for Purdue Calumet need-based scholarships students must file a FAFSA by the priority deadline of March 10 each year. Need-based scholarships require a student to show financial need as well as exhibit academic achievement.
Detailed scholarship information is available by accessing Purdue Calumet Scholarships
10 Steps to Receiving Financial Aid
The financial aid process at Purdue Calumet is a 10-step process. By accessing PCSTAR via the home page you will be able to view where you are in this process. In addition, you are kept informed through e-mail correspondence from our office.
- Step 1: Submit a Free Application for Federal Student Aid (FAFSA).
- Step 2: FAFSA data received by Office of Financial Aid and Student Accounts (OFA&SA).
- Step 3: Submit requested documents or information as shown in PCSTAR.
- Step 4: Await review of FAFSA and documents by Student Financial Services.
- Step 5: FAFSA and documents reviewed (verified) by Student Financial Services.
- Step 6: Await receipt of your Financial Aid Award Notification.
- Step 7: Financial Aid Award Notification is e-mailed to student’s Purdue Calumet’s e-mail address and to the student’s e-mail address provided by the student on the student’s FAFSA.
- Step 8: Accept awards through PCSTAR.
- Step 9: Await arrival of disbursement date for disbursement (Payment) of Financial Aid onto your account.
- Step 10: Student’s Financial Aid is disbursed (paid) onto their account and refunds, if any, are issued.
Checklist of Important Dates
FAFSA form available to students
Complete the FAFSA on the web. First time and previous filers should enter their information via FAFSA; previous filers will be prompted to request their prior year’s FAFSA information for updating. We encourage all students to submit their FAFSA electronically at the above web site or contact the Office of Financial Aid and Student Accounts for assistance. To electronically sign your FAFSA, students and parents (if applicable) must have a PIN which can be accessed at FAFSA Pin.
College Goal Sunday, a statewide initiative providing assistance to students and their families in completing the FAFSA. Look for announcements at www.purduecal.edu/finaid, your local newspaper, radio station, or your high school guidance office. Student’s whose FAFSA is filed by February 15th will receive priority consideration for all levels of aid-federal, state, and institutional.
A student’s FAFSA must be received by the federal processor by the March 10 deadline to be considered for state aid. Student’s whose FAFSA is filed by March 10th will receive priority consideration for all levels of aid-federal, state, and institutional.
Complete your financial aid file with the Office of Financial Aid and Student Accounts.
The first group of Award Notifications is e-mailed to students with complete financial aid files. Students are encouraged to go to PCSTAR to accept or decline the financial aid offered to them.
Award notifications are sent on a weekly basis as financial aid files become complete.
By the end of July view your invoice on-line for the fall semester. The invoice will show all tuition and fee charges and all financial aid (except Federal Work Study), including any processed Direct Loans. If you have any questions or concerns regarding your invoice, please contact the Office of Financial Aid and Student Accounts.
Payment arrangements for the fall semester should be finalized by the designated payment deadline. Payment options (FACTS payment plan, on-line Financial Aid deferment) are available through the Office of Financial Services. All payments and required forms must be received and completed by the Office of Financial Aid Services before or on the designated payment deadline date in order to prevent possible cancellation of classes. If you have any questions or concerns regarding payment options, please contact the Office of Financial Services.
- If you are a financial aid (Title IV) recipient and intend to fully withdraw from the University, you may initiate the withdrawal process by calling the Office of the Registrar at (219) 989-2181. You may also complete the withdrawal process by visiting the Enrollment Services Center, located in Lawshe 130.
- Use PCSTAR (Purdue Calumet Student Access to Records) or myPUC to view your financial aid information via the Web on the Purdue Calumet homepage and watch for e-mails sent to your personal e-mail address as provided on your FAFSA and your Purdue Calumet e-mail account.