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Returning Students
DISCLAIMER: The Office of Student Financial Aid reserves the right to reduce or cancel awards based on funding levels, change in enrollment, reduction of costs, or other events that may affect funding level and/or student eligibility.
Your Next Steps:
1. Review all awards made using WebAdvisor .
Instructions for navigating the financial aid functions of this site are available here. You should also review the "How to Read Your Award Offer" handout, as well as the "University Costs" portion of our website.
Rush Medical College applicants/students should review the "RMC Award Info" handout.
2. Decide which aid you would like to accept, and which aid you would like to reject. Submit your decisions using WebAdvisor.
The above referenced handout will also help you determine which aid amounts you should accept first.
- Grants/scholarships are "free money" and do not need to be repaid.
- You would then want to accept the lowest interest rate loan listed first, and continue accepting aid amounts until you have taken out how much you think you will need for the coming year.
- If you would like to borrow more or less in any specific loan program than the amount indicated, you will need to contact our office. You are not able to change the amounts listed using WebAdvisor.
- Students wishing to pay some/all of their quarterly charges should review the Rush University payment policy and billing procedures.
3. Complete all necessary loan paperwork based upon the aid you accept. Please note that MOST of the requirements below are only for NEW borrowers through that loan program, but read each requirement below to be sure. Those in red are required of all program participants.
All loan programs require new borrowers to complete additional paperwork:
University Billing
- Initial bills for registered courses are available on the RUConnected website. Financial Affairs will send additional bills to students as necessary.
- The university requires that all students have medical insurance coverage. Click HERE to learn more. The medical insurance policy information will be mailed out prior to the start of your program.
- You are responsible for submitting appropriate loan applications and forms to the Financial Aid Office as soon as possible. Loan proceeds will be scheduled to arrive approximately one week prior to the beginning of each quarter. Overpayments are available from the Office of Student Financial Affairs once a week on Wednesdays.
Payment Policy
- Full payment for tuition, fees, and on-campus housing, or satisfactory arrangements for payment must be made with Financial Affairs by the end of the first week of classes in any quarter by one of the three steps below:
- Make complete payment of all charges at the beginning of the quarter.
- Complete a Deferred Payment Plan Contract for payment of charges over the quarter (usually in one-third installments), so that the entire obligation is paid by the end of the quarter. Forms are available from Financial Affairs.
- Submit the necessary forms and applications for financial aid. Any University charges not payed for through financial aid for the quarter is to be met through either step 1 or 2 listed above.
- A full description of the payment policy can be found in the Rush University Catalog.
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updated 8/12/2009 |
