Here you’ll find important information in regards to your financial aid (follow the step by step instructions for detailed information). Topics include award descriptions, rights and responsibilities, how to maintain your aid, annual cost of attendance figures, etc. This section also includes how you’ll be notified about the financial aid.
The Office of Financial Aid awards financial aid packages for eligible students that consist of a combination of scholarships, grants, work study and loan assistance. Award amounts from each program vary depending on the need and eligibility of the student. Those who apply by March 1 receive the highest priority according to eligibility and their need.
The financial aid packaging process ensures effective use of the funds available and ensures fair and equitable treatment of all aid applicants.
If you have a documented disability and believe it may impact your ability to take full-time coursework, you should notify the Office of Financial Aid prior to awarding. The Office of Financial Aid will work with you and Disability Support Services to determine if your disability documentation warrants a financial aid award that reflects less than full-time attendance. Contact Disability Support Services at 970-351-2289 or by e-mail for questions regarding eligibility for disability services.
The Office of Financial Aid will post your award offer online in Ursa. This award offer details the amounts and types of financial aid for which you are eligible. All offers are based upon full-time attendance at UNC as an undergraduate or graduate student.
We begin posting and mailing award notices in the spring. You have 20 days to review and accept your award or it will be cancelled. Follow the step by step process for detailed instructions.
How to accept your award letter
To accept your award letter please follow these steps:
1. Log onto your URSA and go to the Financial Aid tab
2. On the right hand side of the screen at the very bottom is a link that says “Award Letter” click on it and enter in the correct school year and push submit
3. It will bring you to a screen with 4 tabs at the top. If you haven’t already you will need to click on the 3rd tab over that says “Terms and Certification Conditions” and accept them.
- IMPORTANT: you are ONLY accepting that you have read the terms and conditions and you accept them. YOU ARE NOT accepting any of your awards yet.
- Once you have pushed “Accept” the 4th tab will light up that says “Accepting your award. This is where you will find exactly what you were offered. You will need to “accept” or “decline” the loan(s) you wish to pursue and then push the “submit decision” button.
- If you select the “Accept full awards” button you will automatically accept the full amount of all your awards. (Including your loans- student and parent.)
- If you mistakenly accept or decline certain loans on your account and you want to change your award letter please email the office at firstname.lastname@example.org with your name, bear number and exactly what loan you want accepted or declined on your behalf and the amount in which you want accepted or declined. Your request will be processed within 3-5 business days.
Notice: if you have NEVER had Federal Stafford loans with UNC before you will need to complete some additional steps at Studentloans.gov such as; the direct loans Entrance Counseling and the Master Promissory note.
Quality Assurance Program
The Office of Financial Aid participates in the Quality Assurance Program in cooperation with the United States Department of Education. The primary goal of the program is to improve equity and fairness in awarding public and private dollars to needy students and to assess the quality and accuracy of the financial aid process. This evaluation will take place through the study of a sample of federal financial aid recipients and verification of information reported on those applications. The Quality Assurance Program enables us to determine the types of errors made by students and families as they complete their applications and develop procedures to promote correct filing. The program also enables us to determine problematic areas in the processing of your financial aid so we can provide better service. Students selected for this process are usually asked to turn in supporting documents such as tax returns for verification.