USF System Regulation USF3.0120: Financial Aid
USF System Regulation USF3.0121: Financial Aid Administration, Distribution and USF of Financial Aid Resources
USF System Policy 10-013: Financial Aid Policy on Refunds and Payments
USFSM makes every effort to ensure that all qualified students have access to an education. All student financial aid programs are administered or coordinated through the USFSM Office of Admissions and Financial Aid. The above website provides step-by-step guidance through the financial aid application process and lists all deadlines. The Office of Admissions and Financial Aid communicates important information regarding your aid via OASIS and official USF e-mail throughout the year.
The USF System Online Access Student Information System (OASIS) allows students to monitor the status of their financial aid from application to disbursement of funds. OASIS can be accessed through your USF NetID at http://my.usf.edu.
The first step in obtaining financial aid is to complete the Free Application for Federal Student Aid (FAFSA). Be sure to list the University of South Florida System school code 001537 to receive your information. All students wishing to receive financial aid are encouraged to start the financial aid process as early as possible each year (beginning October 1). The USF System priority FAFSA deadline is January 1. Many programs are funded on a limited basis, so it is to your advantage to apply early. Priority application dates and detailed information regarding financial aid are provided each year on our website.
Tuition deferments are automatically posted for qualified financial aid applicants. Please check with the USFSM Office of Admissions and Financial Aid for eligibility. Upon satisfaction of eligibility criteria, financial aid will be credited to student accounts after the drop/add period. Monies in excess of charges will be electronically deposited to each student’s checking account via eDeposit, or checks will be mailed to student’s local address.
If you withdraw from USFSM, either officially or unofficially, before the end of a semester, you may be required to repay all or a portion of the aid you received. For detailed information on the Federal Return of Title IV Funds requirement visit http://www.usf.edu/financial-aid/know-this/withdraw.aspx.
The Office of Admissions and Financial Aid office at USFSM provides prospective and currently enrolled students with a central location to access scholarship information. The office monitors the Florida Bright Futures Scholarships and a variety of privately-funded scholarships made possible through the generosity of friends and alumni of the University. The Financial Aid office also manages the scholarship renewal process for students who have been awarded scholarships through USFSM. An online search for USF System scholarships can be found on the Financial Aid webpage.
The USF System Office of Undergraduate Admissions and the USFSM Office of Admissions and Financial Aid offers a number of scholarships based on academic merit to students planning to enter USFSM for the first time as a Freshman or an upper-level transfer student. These scholarships are highly competitive. The criteria noted for the various scholarships are used as minimum starting points for consideration and meeting or exceeding the minimum requirements will not guarantee selection. For non-Florida residents, a limited number of out-of-state tuition waivers are available based on academic performance.
New freshmen and transfer students are advised to contact the USFSM Office of Admissions and Financial Aid about the individual college scholarship opportunities. A list of scholarship opportunities can also be accessed by using the USF System Scholarship Search on the Financial Aid website.
Veterans Affairs (VA) Benefits
The USF System is approved for the education of veterans, eligible dependents, members of the selected reserve, and active-duty personnel who are eligible for benefits under public laws now in effect. All degree programs currently offered at USFSM are approved by the State Approving Agency.
Students who may be eligible for benefits are urged to contact Veterans Services for information, procedures, and forms as early as possible. To initiate, change, or renew benefits at USFSM, a request must be submitted through that office every semester.
To be eligible for full-time VA benefits at USFSM, undergraduate students must enroll for 12 or more semester hours, and graduate students must enroll for 9 or more semester hours each normal academic term. Pro-rated benefits are available for students enrolled less than full-time.
VA regulations require that students take only courses that are applicable to their degree program or other approved programs and make satisfactory progress toward their degree. Students should log on to USF Veterans Services web site for information on various programs/services and VA rules and regulations. Under no circumstances will the VA pay benefits to a student taking a course by audit. It is the student’s responsibility to inquire concerning all VA rules and regulations and to report any change in number of registered hours, change of majors, or adding a double major or dual degree which affects his/her benefits. Additionally, VA benefits will be terminated for students who are dismissed for academic or disciplinary reasons and can only be reinstated after academic counseling.
The VA toll-free number is 1-888-442-4551.