Applying For Financial Aid

If you are interested in financing your education by taking a Federal Direct Unsubsidized Loan or a Federal Graduate PLUS loan you must begin the process with the following steps.

Getting StartedApply for an FSA ID: The beginning point for all federal financial aid starts with applying for a federal FSA ID. The FSA ID is your “electronic signature” for completing all your financial aid documents on-line. To apply for an FSA ID simply go to fsaid.ed.gov and create a username and password of your choice. You will be asked to confirm your e-mail address using a secure code that will be sent to you. Once you confirm your e-mail address you will be able to log into the FAFSA website using your email address. Your Email address will be needed in order to complete the next step – completing and signing the Free Application for Federal Student Aid (FAFSA) form.

The On-Line FAFSA Application: The FAFSA form can be completed quickly and easily on the Department of Education’s website located at fafsa.ed.gov. If you’d like to “do it yourself”, we’re certain you’ll find the process easy to understand. However, if you are nervous about the application, or just have questions, we are here to help. The Financial Aid Student Experience Center may be contacted at 585-484-9866 for assistance in in helping you complete the application or answer your questions.

The information that you provide in the FAFSA application will help Colgate Rochester Crozer Divinity School determine your eligibility for Federal Direct Loans. When completing the FAFSA form, be sure to list Colgate Rochester Crozer Divinity School as your school choice (G02700) as this will ensure we receive your information in a timely manner.

FAFSA Application Deadline: Requested information must be submitted no later than two (2) weeks prior to the last day of your current term/payment period to avoid the possible loss of your financial aid eligibility for the term/payment period.

Your Financial Aid “Award Letter”: Once the Financial Aid Student Experience Center receives your electronic FAFSA, a financial aid “Award Letter” will be generated for you and will be sent to you via email by the Financial Aid Student Experience Center. Your Award Letter will list the aid for which you are eligible.

Please sign the award letter and return it to the Financial Aid Student Experience Center using the Student Portal at the following link as soon as possible so that your financial aid can be processed. If you are a new user to the Student Portal, please follow the directions to set up a new user account.

https://ufassnapprod.regenteducation.net/

In order to be considered for federal student financial aid programs, you must meet the federal student aid eligibility rules and complete an on-line application. Simply follow the easy steps on the How to Apply for Financial Aid page (once we know the page address it should be hyperlinked here. Of course, if you need any help or have questions about the application process; the Financial Aid Student Experience Center is available to assist you.

The federal student financial aid programs available at Colgate Rochester Crozer Divinity School are as follows: (The name of each program is a link to the U.S. Department of Education’s website for the specific program. This site contains the most current and detailed information available).

Federal Direct Unsubsidized Loan is a loan* available to students in which you are not required to demonstrate financial need. Interest accrues (accumulates) on the loan from the time it is first disbursed (paid out). You can still pay the interest while you are in school, during grace periods and deferment periods. If you choose not to pay the interest, it will be added to your loan balance and interest will accrue on the higher principal loan amount. The loan amount is based on graduate grade level.

Federal Graduate PLUS Loan is a loan* available specifically to graduate students enrolled at least part time. This loan is credit approved and eligible students may borrow up to the full cost of attendance minus any other financial aid.

* A loan is a financial obligation that must be re-paid in the future through monthly payments, including interest. It is very important to know and understand the terms of a loan before signing a promissory note and entering a loan obligation. The terms of a loan include interest rate, repayment schedule, and borrower rights and responsibilities.

If you are interested in applying for institutional aid either for a divinity school grant or scholarship, you must first complete the 2019-2020 FAFSA and then complete the Colgate Rochester Crozer Divinity School Financial Aid application.

Please see Polly Bush, Student Services and Financial Aid Associate for a copy of the Financial Aid application or it can be found on our website by clicking or following the link provided https://www.crcds.edu/financial-aid/grants-and-scholarships/

DIVINITY SCHOOL GRANT
The Divinity School Grant is based upon financial need. It is available to full-time M.Div. and M.A. students and is given on a first-come, first-served basis. Financial need is determined in part from the amount of expected family contribution (after a student completes a FAFSA) and from other financial aid the student has independently obtained. The grant is then allocated by calculating a percentage of the need.

The student account is credited the grant award per semester, in a ratio equal to the number of registered classes.

A student must demonstrate financial need on an annual basis by completing the FAFSA.

SCHOLARSHIPS

The Presidential Scholarship is based upon merit and is offered to new students who have achieved a GPA of 3.25 or greater on their last completed degree. This scholarship is renewable if the continuing eligibility qualifications are maintained. To be eligible, a student must maintain a GPA of 3.25; be in full-time study (part-time with documented disabilities) and be in good standing with the school. Eligibility will be reviewed annually before the fall semester.

Helpful Numbers:

We are here to help! Remember: If you have questions, need help, or just would like more information concerning financial aid, please contact one of the Financial Aid and Student Billing contacts below as your question or concern pertains to their area of Financial Aid and Student Billing.

Financial Aid Financial Aid Student Experience Center – 585-484-9866

Polly Bush – Student Services and Financial Aid Associate
585-340-9633 or pbush@crcds.edu. For questions regarding how to begin the Financial Aid process and other general Financial Aid questions.

Meg Donovan – Staff Accountant (questions regarding student billing and student loan refunds) – 585-340-9637 or mdonovan@crcds.edu.

Additional information about CRCDS Grants and Scholarships
may be found at this link.