Traditional Federal/State Aid

Application Process

Free Application for Federal Student Aid (FAFSA)
To be eligible for federal financial aid, you must meet certain requirements. For example, you must

  • Be a U.S. citizen or eligible non-citizen
  • Be registered with Selective Service (if required)
  • Attend a college that participates in the Title IV programs
  • Be working toward a degree or certificate
  • Be making satisfactory academic progress
  • Have no "owed refund" on a federal grant or be in default on a federal educational loan
  • Have "financial need" as determined by the FAFSA.


Application Process
Complete the Free Application for Federal Student Aid (FAFSA). Make sure you include Trevecca’s Title IV school code. Our code is 003526. Please note that this is the first step and must be completed to determine eligibility for grants, loans, and some scholarships. Apply now at www.fafsa.ed.gov.
 

  • Our office will receive a copy of your application 7-10 days after completion.
  • You will be notified if additional documents or corrections are needed to your application.
  • Once all information has been received and you have completed your requirements for admission to the University, our office will mail you an award packet.
    • Freshman awarding beginSaves in March
    • Awarding for returning students begins in May
  • Remember to complete your FAFSA as early as possible each year in order to be eligible for the maximum aid available.

Federal/State Aid

Pell Grants are awarded by the federal government to those students who are determined to be eligible after completing the FAFSA. A Pell Grant is applied directly to your student account and does not have to be repaid. The amount is determined according to eligibility and the number of hours in which you enroll. Pell Grants are not available to students who have already completed a bachelor’s degree.

The Supplemental Educational Opportunities Grant (SEOG) is a federal grant administered by the University. The SEOG Grant is applied directly to your student account and does not have to be repaid. To be eligible for the SEOG Grant, you must meet the same Pell Grant eligibility requirements and you must apply early since SEOG funds are limited. The amount is subject to change based on availability of funds.

The Tennessee State Grant (TSAA) is a state grant awarded to eligible students who are Tennessee residents. This grant does not have to be repaid. Eligibility is determined by the FAFSA. Funds are usually limited and you must apply before the priority date of January 15. More information is available by going to: http://tn.gov/collegepays/.

Federal Direct Stafford Loans

There are two Federal Direct Stafford Loan Programs available for student borrowers, subsidized and unsubsidized. All students who wish to borrow through either of these programs must complete the FAFSA each year.

A Subsidized Federal Direct Stafford Loan is a federal loan that must be repaid. Ability to participate in the Subsidized Federal Direct Stafford Loan Program is based on calculated need as determined by the FAFSA. The interest rate is fixed at 3.4%. "Subsidized" means that the interest on this loan is not paid by the student while he or she is enrolled in school. The government pays the interest on this type of loan while you are in school.

An Unsubsidized Federal Direct Stafford Loan is also a federal loan that must be repaid. If a student is not eligible for the Subsidized Federal Direct Stafford Loan, as determined by the results of the FAFSA, an Unsubsidized Federal Direct Stafford Loan can be an alternative. "Unsubsidized" means that interest will accrue while the student is in school. The student can choose to pay the interest while in school or defer the interest and have it added to the principal balance. The interest on this loan is also fixed at 6.8%.

Federal Perkins Loan
The Federal Perkins Loan Program is also a federal loan that must be repaid. It provides money to students with established need at a low interest rate and long-term repay. The loans bear no interest to the borrower until nine months after graduation or interruption of study; then the interest rate is 5% of the unpaid balance. The minimum monthly payment is $40.00. Loan repayment may be deferred for periods during which a borrower

   1. Is at least a half-time student.
   2. Is pursuing a course of study in an approved graduate fellowship program or approved rehabilitation training program for disabled individuals excluding a medical internship or residency program.
   3. Is unable to find full-time employment but not in excess of three years.
   4. May be suffering an economic hardship but not in excess of three years.
   5. Is engaged in service described under the cancellation provisions.

Awarding of this loan is based on need and availability of funds. Completion of the FAFSA is required. It is very important to apply as early as possible since funds are limited.

Your award letter will notify you if you have been awarded a Perkins Loan. You will be notified by the Office of Accounting about completing your Perkins Promissory Note. Loan repayment begins nine months after you graduate or after you are no longer enrolled for at least six hours.

Federal Direct Parent PLUS Loans
The Federal Direct Parent PLUS Loan is a loan that is available for parents of undergraduate students to borrow. It is a federal direct loan and it must be repaid. The interest rate is fixed at 7.9%. Eligibility is based on credit history as determined by federal guidelines. The maximum loan limit is not to exceed the student's federal budget less any additional assistance the student may be receiving. Prior to disbursement, the government withholds 4% from the loan amount.

Repayment for the Federal Direct PLUS Loan Program begins 60 days after the second disbursement of the loan. For loan deferment options, you should go to www.studentloans.gov

Federal College Work-Study

Jobs are available on-campus and a limited number of Federal College Work-Study jobs are available off-campus. Trevecca spends at least 7% of its College Work-Study Program in community service off-campus jobs. The Center for Leadership, Calling and Service assists students in locating jobs. Students are paid every other Friday. If there is a dollar amount of work-study shown on your award letter, this amount reflects an estimated amount that could be earned if you choose to work. This money must be earned and is not available as a credit at the time of registration.

Verification Process

The U. S. Department of Education chose you for verification. This is the process of checking the accuracy of the information supplied by students when they apply for federal aid through the FAFSA.

Important: The Department of Education has instituted some changes to the verification process for the 2014-2015 academic award year. Students and/or parents can no longer submit a signed copy of their 1040, 1040A or 1040EZ tax return. When completing the FAFSA, you are given the option to have this data retrieved directly from the IRS . If you chose not to use this tool or cannot for other reasons, you will need to print a tax return transcript from the IRS by going to, http://www.irs.gov/Individuals/Get-Transcript.

2013-2014 Verification Forms

2014-2015 Verification Forms

2014-2015 Other Verification Items

 

We will use these documents to check the accuracy of your information against your Student Aid Report (FAFSA). We will notify you if corrections need to be made or if we need additional information. If corrections do not need to be made, we will continue the process of awarding financial aid to you.

Please mail, fax or email these documents to our office at:

Financial Aid Office
Trevecca Nazarene University
333 Murfreesboro Road
Nashville, TN 37210
FAX: 615-248-7728
E-mail: financial_aid@trevecca.edu