Policies

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The Office of Financial Assistance adheres to the following policies in the administration of the federal, state and university financial aid programs.

Academic Progress Policy

Students receiving financial assistance are required by Federal regulation to be making Satisfactory Academic Progress in order to continue to receive aid while enrolled at Villanova University. read more...

Financial Aid Code of Conduct

In the administration of its student financial assistance programs Villanova University (VU) abides by the National Association of Student Financial Aid Administrators (NASFAA) Statement of Ethical Principles.  In addition, Villanova University has adopted a Code of Conduct for Financial Aid. read more...

Packaging Policies

Villanova University’s Office of Financial Assistance must resolve conflicting information before awarding or disbursing any financial assistance. read more...

Return of Title IV Funds

If a student completely withdraws from the University and has utilized Federal Title IV funds (e.g. Federal Pell Grant, Federal Supplemental Educational Opportunity Grant [SEOG], Federal Perkins Loan, Federal Direct Subsidized/Unsubsidized Loan, Federal Direct PLUS Loan, Federal Direct Graduate PLUS Loan), during the semester in which they withdraw, the University will observe the federally mandated process in determining what, if any amount of money must be returned to the federal program(s). read more...

Verification

Verification is a requirement of the U.S. Department of Education and is the process of confirming information submitted for consideration of the various Federal Title IV Funds including the Federal Pell Grant, Federal SEOG, Federal Perkins Loan and Federal Direct Loans. read more...

IRS Data Retrieval Tool

The U.S. Department of Education in conjunction with the Internal Revenue Service (IRS) introduced the IRS Data Retrieval Tool, a feature that allows students and parents to import their previous year’s tax information from their filed federal 1040 tax forms directly into the FAFSA on the Web. read more...

Freshman Class of 2019 Financial Assistance application deadlines:

  • February 7, 2015 -- 2015-2016 Free Application for Federal Student Aid (FAFSA) must be filed PRIOR TO this date online at www.fafsa.gov
  • February 7, 2015 -- 2015-2016 College Board PROFILE must be filed PRIOR TO this date online at www.collegeboard.com
  • March 1, 2015* -- Completed signed copies of custodial parent(s)', stepparent's, and student's 2014 U.S. Federal or Puerto Rico Tax Return as well as 2014 Federal W-2's, 1099/1099R's, and all tax schedules must be submitted to IDOC.

    *As early as February 7, 2015, but no later than March 1, 2015

 

THE VILLANOVA UNIVERSITY DEADLINE FOR 2014-2015 FINANCIAL AID FOR RETURNING STUDENTS IS:

April 30, 2014 - Completed application materials must be postmarked by this date.

·2014-2015 Free Application for Federal Student Aid (FAFSA) must be filed PRIOR TO this date online at www.fafsa.gov.

·2014-2015 College Board PROFILE must be filed PRIOR TO this date online at www.collegeboard.com.

·Completed signed copies of custodial parent(s)’, stepparent’s, and student’s 2013 U.S. Federal or Puerto Rico Tax Return as well as 2013 W-2’s, 1099/1099R’s, and all tax schedules must be submitted to IDOC (https://idoc.collegeboard.org/idoc/index.jsp). *Do not submit tax documents to the Office of Financial Assistance*

·IRS Data Retrieval Tool: If you and/or your parent(s) filed your 2013 U.S. Income Tax Return at least two weeks before filing the FAFSA (and have paid taxes owed, if applicable), you should use the IRS Data Retrieval Tool when completing the FAFSA.

·2013 U.S. Tax Return Transcript: If you do not choose to participate in the IRS Data Retrieval Process when filing the FAFSA, you will be required to provide a copy of your and/or your parent(s)’/stepparent’s transcript to the Office of Financial Assistance. This can be requested through the IRS website at www.irs.gov.