Undergraduate Online RN/BSN Program

Matriculated students in an undergraduate degree-seeking program may be eligible for the following types of Federal Student Aid:

Federal Pell Grant: A federal need-based grant for students enrolled in their first bachelor’s degree who demonstrate exceptional financial need.

Federal Direct Subsidized Loan: A federal educational need-based loan available to students who demonstrate financial need and who enroll on at least a half-time basis in an undergraduate program.

Federal Direct Unsubsidized Loan: A federal educational loan available to students who enroll on at least a half-time basis in an undergraduate program.  Not based on financial need. 

Federal Direct PLUS Loan: A credit-worthy loan for the parent or legal guardian of a dependent undergraduate student, who has borrowed the maximum amount of Direct Loan assistance.  The loan is available regardless of the level of financial need. 

State Grants: Certain states allow residents to take their state grants into Pennsylvania for study at Villanova University. Students are responsible for checking with the respective State Higher Education Agency as to the correct application necessary for state grant consideration, application deadlines, and whether their state awards grants to students enrolled in distance learning. 

Please note that students in undergraduate online programs are not eligible for Villanova University Grant assistance.

To apply for financial aid for the 2018-2019 academic year, a student will need to do the following:

Complete a 2018-2019 FAFSA online at www.fafsa.gov with Villanova’s school code 003388.

Complete a Borrower’s Authorization Statement and submit to the Office of Financial Assistance.

**If a student has been selected for the federal verification process after completing the FAFSA, please note that additional documentation will need to be submitted to the Office of Financial Assistance.  For information on what documents are required, please review the financial aid requirements listed in the MyNova portal.

After reviewing your FAFSA information, matriculation status, and enrollment, the Office of Financial Assistance will notify you of your Federal Student Aid eligibility by sending an email to your Villanova University email account.  The email will include instructions on how to view your awards in the MyNova student portal.

***A student must be matriculated at the start of the semester in order to be reviewed for financial assistance.

If Direct Subsidized/Unsubsidized Loans have been awarded, there are two requirements students need to complete in order for the loan funds to disburse:

• Complete the Entrance Counseling at https://studentloans.gov
• Sign a Master Promissory Note for the Direct Loans at https://studentloans.gov

Villanova University's Office of Financial Assistance will be notified automatically once both requirements are complete.

Federal Student Aid funds are required to pay directly to students’ Villanova University accounts in equal disbursement amounts.  The disbursement date is set after the drop period has ended.   

Please note that students will need to be enrolled in at least 6 credits per semester to be eligible for "half-time" status and Federal Direct Loans. "Half-time" status is defined accordingly:

• MUST be enrolled in 6 credits for Session I of the semester OR
• MUST be enrolled in 6 credits for Session II of the semester OR
• MUST be enrolled in 3 credits for Session I and 3 credits for Session II for the semester**

**For this option, students must be enrolled in all 6 credits at the start of Session I in order to receive Federal Direct Loan disbursement. Otherwise, the Federal Direct Loan will not be awarded or disbursed.

A student may not combine credits from another semester's session or term to qualify for half-time status. For example, a student who enrolls in Summer Session II for 3 credits and then Fall Session I for 3 credits cannot combine those terms for half-time status and Federal Direct Loan eligibility. The student in this scenario would be considered less than half-time.

Once federal financial aid has disbursed at Villanova, the Office of Financial Assistance will conduct a review of the student’s financial aid award. This review ensures the cost of attendance matches the student’s original plan of enrollment, and that any outside sources of aid, tuition discount, or employer tuition assistance, etc. have been included as resources for the student. The Office of Financial Assistance also reviews to ensure the student is enrolled for the specific session the grant and/or loan disbursement was received.

Bisk (formerly known as University Alliance) manages the billing of charges for the undergraduate online RN-BSN program.  Any billing inquiries should be sent directly to Bisk. 

Villanova University will send the financial aid disbursement (federal and private educational loans) directly to the student who is then responsible for submitting payment to Bisk for tuition and/or book charges.  In order to expedite the processing of a refund, it is highly recommended that students enroll in direct deposit through our e-Refund process. The e-Refund enrollment form can be found in your MyNova account, in the Bursar Dashboard under the Sign-up for Direct Deposit of Refunds Tab.

Students should contact their Bisk Student Services Representative at 1-855-300-1473 or via email at studentservices@villanovau.com to verify if they still have a remaining balance with Bisk after the full financial aid disbursement has been remitted for the semester.  Students have the option to apply for a Federal Direct PLUS Loan or a Private Educational Loan to assist in covering any remaining educational expenses.  Students should contact the Office of Financial Assistance if they have additional questions about the Federal Direct PLUS loan or Private Educational Loan Programs.

Upon the registration of courses, students will receive an "intent to enroll" form via email detailing their tuition and/or book charges for that term. Questions about the billing process should be directed to the Student Services Representative at Bisk at 1-855-300-1473 or via email at studentservices@villanovau.com.  Please note that if a student is not utilizing financial aid, all payment arrangements need to be made directly with Bisk.

For example:

A student first enrolls in undergraduate online program during the Summer II session, which for the 2018-2019 academic year runs from July 2, 2018 through August 26, 2018.  The student submits a 2018-2019 FAFSA and completes an entrance interview and Master Promissory Note for the Direct Loans:

• The Office of Financial Assistance will automatically award the maximum Direct Subsidized/Unsubsidized loans for the full academic year, which in this case will be for Summer II through Spring II sessions, in accordance with the student’s grade level.  If the student is eligible for a Federal Pell Grant, this will also be automatically applied.
• Disbursements will be scheduled to pay after the add/drop period for each semester.
• After enrollment and outside sources of aid are confirmed, Villanova University will send disbursement funds directly to the student.
• The student will then receive the funding and submit payment to Bisk for tuition and/or book charges.
• If a balance still exists for the semester after the full federal financial aid disbursement, the student will need to seek additional funding.

If a student withdraws from the University has utilized Federal Title IV funds during the term in which they withdraw, the University will observe the federally mandated process in determining what amount of money, if any, must be returned to the federal program.

To maintain financial aid from year to year, students must meet Satisfactory Academic Progress, or “SAP.”  SAP is reviewed annually at the end of the Spring II term.  Please review the SAP policy online.