Financial Aid Requests
PLEASE NOTE THE FIRST DAY TO SUBMIT FINANCIAL AID REQUESTS FOR THE SUMMER 2016 SEMESTER WILL BE THURSDAY, MAY 5, 2016
The Financial Aid Request Form allows students to deposit funds onto their Hoot Loot account from excess financial aid award funds (or excess funds available on their University account, i.e. a negative balance/credit).
- About Financial Aid Requests
- Authorization for Payment of Non-Institutional Charges
- Parent Loan Authorization for Payment of Non-Institutional Charges
- Financial Aid Request Form
Students transferring excess financial aid to their Hoot Loot account may initially request up to $800 be transferred from excess aid. The transfer of excess financial aid prior to the start of the semester (and enrollment verification process) is intended for students to purchase textbooks and supplies necessary for the upcoming semester. Students requiring more than $800 for textbooks and supplies may request additional funds (up to $200) be transferred to their Hoot Loot account, only after they have spent the majority ($400) of the initial $800 transfer request at the SCSU Bookstore.**
After purchasing textbooks and supplies from the SCSU Bookstore, remaining funds on the Hoot Loot account can not be reversed. Any remaining funds available on the student's Hoot Loot account may be used at any participating on campus or off campus merchant.
PLEASE NOTE: Hoot Loot funds are not available for cash withdrawal.
**Summer financial aid requests are limited to $800 maximum for all for all of the summer sessions (A, B and C) combined. No additional funds beyond $800 may be transferred from excess aid during the summer semester(s).
Students who have not authorized the University to use excess Title IV funds to pay non-institutional charges (including Hoot Loot) are not able to transfer excess aid to their Hoot Loot. To change or adjust your authorization, log in to MySCSU and access BannerWeb, go to Financial Aid, then select Award, then select Award for Aid Year and choose the current academic year (i.e. 2015-2016) and click submit. On the Award Package by Aid Year page select the "Resources/Additional Information" tab. Here you will be able use the drop-down options and select Authorize to the question in Section 2: Current Term Charges Authorization and then click "Submit Information." Click here for additional information from the Office of Financial Aid & Scholarships about this authorization process.
If your student has a Federal Direct PLUS Loan (DLPLUS), they may be required to have the Parent Loan Borrower's authorization prior to transferring excess loan funds to their Hoot Loot account. Parents must complete the 2015 - 2016 Federal Direct PLUS Loan Information Form (and return it to Southern's Office of Financial Aid & Scholarships) and must have authorized the University to "apply the credit balance derived from the DLPLUS loan funds to other non-institutional charges on my child’s account such as Hoot Loot..." Click here for additional information.
The following overview outlines when students can submit financial aid transfer requests and when approved requests funds become available for use:
|Semester||Requests Accepted||Approved Request Funds Available*|
|Fall Semester||July - December||August 1|
|Spring Semester||December - May||January 1|
|Summer Semester||May - August||May 5|
* Approved request fund availability dates are tentative and subject to change without notice.
Summer financial aid requests are limited to $800 maximum for all for all of the summer sessions (A, B and C) combined. No additional funds beyond $800 may be transferred from excess aid during the summer semester(s).
Note: In an effort to provide increased security, requestors are required to log in with their MySCSU username and password in order to submit a Financial Aid Request Form. For assistance with your MySCSU Password, please visit the Password Assistance page or HelpDesk web site.