Financial Aid Information Specific to Coronavirus
Students and families who are experiencing financial issues and would like to discuss options for the current semester, summer 2020 or fall 2020, should feel free to contact the Financial Aid Office at 724-805-2555 or by emailing email@example.com. While we are not physically in the office, we are able to answer any questions you may have and work with you to address your concerns.
All students are encouraged to complete the Free Application for Federal Student Aid (FAFSA). In order for PA students to be considered for the PA Higher Education Assistance Agency Grant, the FAFSA must be submitted no later than May 15, 2020 (previously this deadline was May 1, 2020, but that has been extended). Students from other states should check their state's deadline. Completing the FAFSA sooner rather than later will allow students to be considered for certain campus-based aid programs, such as Federal Work Study and The Federal Supplemental Education Opportunity Grant. These funds are limited to schools and are awarded on a first- come, first-served basis. The priority filing deadline for these funds is May 15. Application for the FAFSA is at fafsa.gov or through the myStudentAid mobile app.
What if a family member has lost income due to Covid -19?
The FAFSA for the 2020-21 school year must be completed initially using the family's 2018 income information. Financial aid administrators (FAA) have statutory authority to use professional judgment to make adjustments on a case-by-case basis to the cost of attendance or to the data used in calculating the EFC to reflect a student’s special circumstances, such as using 2020 estimated income as opposed to 2018 income. The use of professional judgment where students and/or their families have been affected by COVID-19 is permitted, such as in the case where an employer closes for a period of time as a result of COVID-19. In making professional judgment determinations, FAAs must obtain documentation and retain it in each student’s file. This documentation must substantiate the reason for any adjustment. Examples of documentation we may request are: current year income statements, such as pay stubs and unemployment compensation determinations or other items based on individual circumstances as determinations must be made and documented on a case-by-case basis. Students/families finding themselves in this situation should contact our office. We can make a determination if you meet the criteria for the adjustment and provide you with the appropriate forms for reconsideration for federal and PA state aid if applicable.
Satisfactory Academic Progress concerns:
At the end of each spring semester, all students must meet SVC's Satisfactory Academic Progress requirements to continue to be eligible for financial aid. Information regarding SAP can be found on our website. Basically, all students must meet a 2.0 cumulative GPA (1.5 for students completing their freshman year) and must have successfully completed 67% of total credits attempted. Students that have not met the minimum standards are initially not eligible to continue to receive aid, but students may appeal the decision. The appeal may be based on an injury or illness of the student, the death of a family member, or other special circumstances. Circumstances related to an outbreak of COVID-19, including, but not limited to, the illness of a student or family member, compliance with a quarantine period, or the general disruption resulting from such an outbreak may form the basis of a student’s SAP appeal.
Students who are having difficulty in one or more of their classes are reminded of the pass/fail policy that was recently announced by SVC. Students experiencing difficulty should contact their advisor prior to making any decisions regarding withdrawing from a single class or from all classes. A withdrawal from a course or multiple courses will affect the student's completion rate negatively and may have consequences related to state or outside aid sources.
Correspondence with the Financial Aid Office:
Although we are not in the office, we continue to "process" aid applications for the current year as well as for the upcoming 2020-21 school year. You may have been receiving mail, including requests for federally required verification at your home address. If you are able to scan and email the requested information, this option is preferred. Correspondence can be emailed to firstname.lastname@example.org. If you are unable to scan and email, we will be picking up postal mail on a weekly basis. As always, when sending documentation by mail or email, please darken all but the last four digits for SSN numbers.
Suspension of interest charges and loan repayment requirements:
As a current student it is unlikely that you are in a repayment situation with regard to federal student loans. However, if your parent has borrowed a PLUS Loan held by the Department of Education on your behalf or a sibling's behalf, the loan may be eligible for the interest and repayment waiver recently approved. Borrowers may contact their loan provider for more details. If you do not know who your provider is or how to contact them, visit StudentAid.gov/login or call 1-800-4-FED-AID (1-800-433-3243; TTY for the deaf or hearing-impaired 1-800-730-8913) for assistance.
Contacting The Business Office
Over the past several weeks, Saint Vincent College has worked to operate in accordance with the protocols and recommendations, of our Federal, state, and local governmental agencies. We have continually acted in the best interest of our campus community when it comes to COVID-19. As a result, the Business Office has suspended face-to-face operations. Services that require on campus presence may be limited.
Our focus remains on providing students with the financial information they need. In order to ensure that we are able to provide timely responses to requests related to student accounts, please direct communications to email@example.com.
We will continue to process payments on account balances. If arrangements need to be made to pay via credit or debit card, please contact firstname.lastname@example.org. Payments received through the mail will be processed as they are received. Mailed payments can be addressed to:
Saint Vincent College
300 Fraser Purchase Road
Latrobe, PA 15650
Room & Board and Tuition
In light of the previously announced decision to move courses online and close the residence halls for the remainder of the semester, students who depart campus by 5 p.m. on Sunday, March 29, will receive a prorated room and board credit. At this time, no additional decisions have been made about any specifics related to the room and board credit. We will continue to communicate with everyone and provide additional information as it is available.
Saint Vincent students will continue to remain engaged in coursework designed to be consistent with the original learning outcomes set forth by the college. In addition, students will be able to earn the same amount of academic credits toward their respective degrees. As such, the college will not be issuing any financial credits related to tuition charges.