Requirements for Crediting Financial Aid to a Student's Account:

• You must sign and return the award notification accepting/declining the assistance offered. Estimated financial aid will appear as a credit on your student account for the purpose of sending semester bills in June and November.
• After September 1, "expected" Outside Scholarship(s) will no longer be credited to your account until the check(s) has been received from the donor. If you receive the check directly, forward it to the Grinnell College Office of Student Financial Aid.
• If you have been awarded a Federal Perkins Loan or Grinnell College Loan, we will notify you at the beginning of the school term regarding times available to sign your promissory note.
• If we have recommended a Subsidized Federal Stafford Loan, you should complete the Stafford Loan Request Form and Master Promissory Note and return them to the Financial Aid Office beginning in June and before August 1.
• First-time Stafford and Perkins Loan borrowers are required to receive entrance loan counseling.
• All financial aid is subject to revision depending upon fund availability, changes in the family contribution, and/or credit load. Your award may be affected if you withdraw from Grinnell College or reduce your credit load to less than full-time status.
• You must maintain satisfactory academic progress according to standards prescribed by Grinnell College.

Students will be notified by the Grinnell College Office of Student Financial Aid if their federal financial aid will be withheld. Reasons for withholding aid include:

• default on Federal Perkins Loan or Federal Family Educational Loan;
• repayment owed on any previous financial aid;
• male who has reached his eighteenth birthday, but has not registered with Selective Service;
• documentation of citizenship;
• any other circumstance that precludes aid from being finalized.

If you receive additional resources, such as outside scholarships or tuition benefits, not listed on the award notification, you must contact the Office of Student Financial Aid immediately. Your award may need to be adjusted. It is your obligation to report any income and/or financial assistance not previously reported on your application.

• Scholarship, grant and loan awards are credited directly to your college account and applied toward the comprehensive fee (tuition, fees, room and board).
• Federal Work-study and/or Campus Employment will not appear as a credit on your account. Paychecks are issued twice monthly beginning in September. Students have the following options regarding earnings:
• use toward the comprehensive fee; arrangements must be made with the Office of the Treasurer.
• keep and use toward books, personal expenses, etc.