Incoming First Year Students
Each year, you must complete the Free Application for Federal Student Aid (FAFSA) or the Renewal FAFSA.
File your 2013-2014 FAFSA no later than April 1,
2013 to prevent your financial aid being delayed.
To file a FAFSA or renewal FAFSA, you need a Personal Identification number (PIN) or Electronic Access Code (EAC).
PIN numbers were sent in December for those who filed a FAFSA last year. If you did not receive it, or are filing for the first time, you may request a new PIN or have your PIN re-mailed to you.
It is important to read the instructions before completing your FAFSA as it should answer most of your questions. If you still need assistance, please call:
- 1-800-4-FED-AID (1-800-433-3243)
- or contact the Student Affairs Office
OSU-COM’s Title IV School Code is G11282. This code must be listed on the FAFSA section for your information to be sent to the school. Failure to use this code could greatly delay your aid.
The federal government processes your FAFSA and electronically sends the results to the Office of Student Affairs, provided you listed us as one of the schools to receive the results.
You will receive a Student Aid Report (SAR) via email shortly after the federal processor receives your FAFSA.
- review the SAR
- make any corrections (follow instructions listed)
- keep a copy for your records
The data you put on your FAFSA is put through a needs analysis formula called the Federal Methodology. The output of this formula is called the Expected Family Contribution (EFC). The lower your EFC, the more financial need you have.
Keep copies of all federal income tax returns. It is possible that the Office of Student Affairs may need signed copies of your tax returns along with other information to complete the verification process.
It is your responsibility to make certain the information reported on the FAFSA is correct. If you filed your FAFSA using estimated financial information and corrections are necessary, please make the needed changes when you receive your paper SAR and return to Central Processing Unit for re-processing.
Our philosophy is to package aid according to federal standards and guidelines with the best interest of the student in mind. However, all students receiving assistance from sources other than this office must notify the financial aid office so the necessary adjustments can be made to the student aid package.
If other campus-based aid is granted after the student receives notification from this office, that student’s aid package will be adjusted accordingly.
An award letter is sent to every accepted student who completed the FAFSA. This letter states the amount of your loan eligibility.
To request this loan you must first complete your promissory note at www.studentloans.gov
You are borrowing from the Direct Student Loan Program. This will be the only promissory note you will complete during your time at OSU-CHS.
First time borrowers at OSU-CHS will need to complete an Entrance Interview for the Direct Loan and the Perkins loan if applicable.
All students must return the Loan Request Form to the Student Affairs Office! There is one for each year.
MS I – Loan Request Form
The loan Request form is used to declare with the financial aid office how much money is requested and if you will be receiving any outside aid such as a Military Scholarship, Indian Health Scholarship, National Health Service Corp.
All new borrowers and current borrowers who are not currently set up on direct deposit may do so by going to OSU Office of the Bursar website and log-in using your OKEY username and password. Direct Deposit is a banking term used to refer to the transfer of funds that are paid directly to your checking or savings account rather than issuing you a paper check. Once you sign in to the Bursar website, select Direct Deposit Authorization and enter your banking information to activate this refund option. Direct deposit will transfer any overpayment of the Bursar account to your bank account within 48 hours. To obtain help with the bursar website please call (918) 594-8320.
If you choose not to have Direct Deposit, your funds will be delivered by check and may take up to two weeks for delivery.