Financial Aid

Financial Aid

Our Financial Aid staff is ready to help you find ways to pay for your college education.  Take the time to look through your financial aid options, and get important information about completing your FAFSA, loans, Federal Pell Grants, college work study, state funded programs, including the HOPE Scholarship, SEOG and institutional scholarships through Gordon State College’s Office of Institutional Advancement.

 

 

On average, it takes 2-3 business days for the financial aid office to receive the results of your FAFSA application from the Department of Education after submitting. If your application is selected for verification, you will be required to submit documentation supporting the information provided in your application.

Click on a type of aid to learn about eligibility and how to apply.
 

 

Some students are selected by the Department of Education for verification. If your application is selected for verification, you will be notified by the Financial Aid Office, and will need complete these steps:

  1. Go to the GSC Verification system, and create an account.
  2. Upload the documents shown on the home screen.
  3. Done!

 

Step 1: You have been offered a Federal Direct Loan.  You must be enrolled in at least 6 credit hours a semester to receive the loan.  You do NOT have to accept this loan if you do not wish to do so.  You must either accept or decline this loan.  To do so, please login to your Banner Web account and follow the instructions below.

  1. Log into Banner Web
  2. Select “Financial Aid”
  3. Select “Award”
  4. Select “Award by Aid Year” and then select appropriate year
  5. Click on the "Terms and Conditions" tab at the top of the screen.
  6. Read the "Terms and Conditions" and accept at the bottom.
  7. Click on the “Accept Award Offer” tab at the top of the screen

At this point you may choose to:  1) accept the full amount of the loan, 2) reduce the amount of the loan, or 3) decline the full amount of the loan.

One business day after you have completed the steps listed above, you will be able to sign your Master Promissory Note and complete the Entrance Counseling at studentloans.gov . Please be sure to complete these requirements as the process will not be complete until you have done so.

Steps 2 and 3 are for students taking out loans for the first time.

***Students taking out loans for the first time must also complete entrance counseling and sign a Master Promissory Note. Follow this link for instructions on how to complete them.

****If you have previously completed entrance counseling and signed a Master Promissory Note on studentloans.gov, you DO NOT have to do this again.

 

Your aid award will be disbursed by the Bursar's Office. Any aid awarded is applied to any outstanding balances prior to disbursement to the student. Any refund owed to you will be processed within 14 days of financial aid being disbursed to the student account.

 

Do You Have a FERPA Code?

The Family Rights and Privacy Act (FERPA) of 1974 (Buckley Amendment) limits the type of information the Financial Aid & Veteran Affairs Office can release to third parties. Therefore, information regarding eligibility for aid, including type(s) and amount(s) of aid awarded is released only to the student applicant. Since an individual's identity cannot be verified by telephone, no information regarding aid awarded can be given over the phone.

 

Login to Banner Web to create a FERPA Code.

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