Graduate Program in International Taxation

1. A Free Application for Federal Student Aid (FAFSA). You may access this form on-line at www.fafsa.ed.gov. If you do not have on-line access you may call 1-800-4FED-AID to request a paper application. Please allow a minimum of 4 weeks processing time. The result of your FAFSA is called a Student Aid Report (SAR) and it will summarize the data you reported on your application. You will receive your SAR by mail or via e-mail confirmation. Please be sure to read and review this information carefully for accuracy. Should you need to make corrections you may do so on-line utilizing your Personal Identification Number (PIN) provided by the Department of Education or by submitting your corrections on Part 2 of your SAR to the address on your SAR. Be sure to sign your correction request prior to mailing.
   
   St. Thomas University’s Institutional Title IV code is 001468
   
2. A Federal Stafford Loan Master Promissory Note. You may request these from your lender of choice or contact the financial aid office to have a Financial Aid Application Packet mailed to you. You may wish to visit the following web sites for more information regarding the Federal Stafford Student Loan Programs. For your convenience you may apply for a Federal Stafford Loan electronically or by phone with one of the following lenders.
   

   Access Group / www.accessgroup.org / 1-800-282-1550
   USA Group / www.usagroup.com / 1-800-824-7044
   Law Loans* / www.salliemae.com/lawloans / 1-800-984-0190
   * LLM students only
   

3. A St. Thomas University 2002-2003 Federal Stafford Loan Request Form. If you received a Financial Aid Application Packet this form should have been included in the packet. If you do not have a Loan Request Form you may obtain one on-line at www.stu.edu/forms.
4. A Loan Entrance Counseling/Interview Form. Federal regulations governing the borrowing of Federal Student Loans require that all students receiving a Federal Stafford Loan complete a Loan Entrance Form. You may complete your Loan Entrance Counseling requirement on-line at www.suntrusteducation.com.
5. Additional Documentation. Once you have received your SAR, you may be instructed to provide the Financial Aid Office with additional documentation. If you are selected for verification you must submit a Verification Worksheet (available through the Financial Aid Office or on-line at www.stu.edu/forms along with a signed copy of your and your spouse’s (if married) previous year’s tax return forms and W2’s. Other forms of documentation that may be requested are proof of citizenship, selective service registration, letters of non-default, copy of your Driver’s License or State Identification Card and/or a copy of your social security card. Additional documentation may be requested on a case-by-case basis. Failure to submit the required documents will delay or may result in your forfeiting eligibility to receive financial aid.

To apply for a private loan you will need to:

Complete a Private Loan Application with your lender of choice. You may request the application directly from your lender or contact the Financial Aid Office to have an application sent to you. Your eligibility for a private loan will be based solely on your past credit history. It is recommended that you obtain a copy of your credit report and check it for discrepancies prior to submitting a private loan application. International students will be required to apply with a credit-worthy United States citizen as a co-signer/borrower. In some cases the lender may require that you submit additional information along with your application such as, proof of citizenship or proof of income. For more information regarding securing a private loan, interest rates, fees, and repayment options please contact one of the following lenders.

Access Group / www.accessgroup.org / 1-800-282-1550
Citiassist / www.studentloan.com / 1-800-692-8200
Law Loans* / www.salliemae.com/lawloans / 1-800-984-0190
* LLM students only

Tuition $675.00 per credit per semester
Fees $1,500.00 per trimester
Electronic Books & Materials $225.00 per course
(required to be purchased from publisher)

Allowances have been made to include up to 3% student loan fees
Some lenders may charge fees exceeding 3%, which will reduce the amount of your loan disbursement.
All unpaid balances on a student’s account is the responsibility of the student
Budget Adjustments may be possible for reasonable educational related expenses with proper documentation.

Please be sure to indicate on your Loan Request Form the term for which you are applying. Your loan period is determined by the start date and end date of the semester for which you are requesting aid. Funds for each semester will be disbursed by the lender in two equal installments one at the beginning of the semester and one at the mid-point of the semester. All loan proceeds will go towards your tuition costs unless your St. Thomas University account reflects a credit balance in which case a refund check will be mailed to you or directly deposited into your personal bank account. For direct deposit information please contact the Business Office at (305) 628-6561.

To receive financial aid funds you must meet all of the following:

1. Be enrolled in a degree-seeking program at least half time at St. Thomas University.
2. You must maintain satisfactory academic progress.
3. Not owe a refund of Title IV funds or be in default of any previous Stafford Loans.

Your request for student loans can only be processed once your financial aid file is complete. Normal processing time for lenders to disburse loan funds is 10-15 working days from the date your loan application is submitted to the lender by the Office of Financial Aid. You should receive an award notification shortly after your loan application has been processed.

HOW TO CONTACT THE FINANCIAL AID OFFICE

Telephones:

Local: (305) 628-6547 or (305) 628-6724
Toll-Free: In State (800) 367-9006
National (800) 367-9010
Fax: (305) 628-6754

Mail:

St. Thomas University
Office of Financial Aid
16401 Northwest 37 Avenue
Miami, Florida 33054
E-Mail: amarrero@stu.edu