Process
- Financial aid information is included with course registration information or it may be requested from the Financial Aid office (after acceptance into the program). Enrollment in the MAT program in 2013 will be considered to be in the 2013-2014 aid year. Instructions for completing the 2013-2014 Free Application for Federal Student Aid
(FAFSA) on the Web are found on the Covenant College Financial Aid Application. The application may not be completed until after January 1, 2013 and must be completed with information from the applicant’s 2012 income tax return.
The Covenant College Financial Aid application and the Employee Reimbursement Form should be completed and returned with registration documents to the Master of Arts in Teaching office.
These forms must arrive at Covenant College by May 1 for priority consideration for financial aid.
The FAFSA must be completed on the Web at least one week prior to the priority deadline.
- Financial aid applicants meeting the May 1 deadline will be notified by May 15 of their award.
- If after financial aid is disbursed, a balance remains on the applicant’s account, the balance can be financed by Covenant College; however, please be aware that finance charges will be charged on the unpaid balance at the
end of each month.
When all financial aid paperwork has been received and the award has been completed, the Financial Aid office will contact the student through email that the award is available to view/accept on the Banner web site. The Financial Aid office will electronically process the loan.
If the student has completed the Stafford Loan Entrance Counseling and a Master Promissory Note (MPN) with the Federal Direct Loan Program while attending a former institution, they do not have to complete these requirements again. The student will need to notify Margaret Stewart in the Financial Aid office if this applies to them.
The loan will be disbursed electronically to Covenant College and then disbursed onto the student’s account, once the loan is processed and the enrollment period beings.
When the loan is credited to a student’s account causing a credit balance, the Financial Aid office will email the
student that the disbursement was made. If this causes a credit balance on the account, the student may request a
check for the balance on the account.
If the student has had a previous student loan on which payment is currently being made, the loan may be deferred while enrolled at Covenant College, at least half time (six credits). The lender should be able to check the National Database for enrollment information. If the lender requires enrollment certification to defer the loan, the student may request enrollment certification from the Records office.
NOTE: Please be aware that the college provides electronic statements only; students will be notified through their Covenant College email of any account balance. It is the responsibility of the student to review their account through Banner, the campus information system. Students are assigned a Banner ID number and Covenant College email address when accepted as a student to Covenant College. More detailed information regarding managing accounts and services through Banner is provided in the registration packet.
To stay informed, it is critical that MAT students log onto Banner upon receipt of ID and PIN. E-bills and other communicaques are sent to each student's Covenant email account.
Payments may be made online: www.covenant.edu/resources/students_faculty_staff click on Pay Student Bill Online.
Questions regarding Financial Aid should be directed to:
