(Module 4) Show Me the Money: Finances 101
About Financial Aid Services
Financial Aid Services is dedicated to making it possible for degree-seeking, admitted students to attend UHM regardless of their economic status.
Payment Deadlines for Fall 2019
- NON-Financial aid recipients (students not offered financial aid): August 15, 2019 at 4:00 pm HST.
- Financial aid recipients and those who registered after Aug 15, 2019: September 3, 2019 at 4:00 pm HST.
Steps to Securing Financial Aid
- Complete the FAFSA process
- The first “F” in FAFSA stands for FREE! There is no fee required!
- For questions on completing the FAFSA, please see the Financial Aid website for helpful videos, contact the office or check out the FAFSA help pages.
- Check your status at MyUH Services and follow up with any additional requirements that may be necessary to complete your FAFSA application.
- Financial Aid Services does not send out hard-copy notifications, but rather updates are emailed to your hawaii.edu email so don’t forget to check this account periodically.
- Accept your aid offers
- Once the FAFSA process is completed, you will be emailed a financial aid offer communication. Log in through your MyUH Services portal to review it and accept/decline your offered aid.
- Please carefully read the Terms and Conditions of your financial aid offer.
- Once you have accepted/declined the aid offered, complete any additional requirements necessary so that funds can be disbursed accordingly. Certain aid, such as loans, have additional requirements.
- Parent PLUS Loans have a credit history check approval requirement.
- If you change your mind and request an undisbursed loan to be cancelled, email (from your hawaii.edu account) Financial Aid Services.
- Register for classes
- Financial aid offers are based on full-time enrollment each semester at UH Mānoa, defined as 12 credits for undergraduates. If you will not be full time during a semester, it is important to inform Financial Aid Services so your aid offers can be adjusted.
- Credits must counts towards your degree to be eligible for financial aid.
- Non-degree seeking students may not be eligible for aid.
- Students taking 6-11 credits at Mānoa but are also taking credits at another UH system campus should submit a Concurrent Enrollment Form before the semester starts to have those courses count towards their financial aid enrollment. Students are only eligible to receive aid from one campus at a time.
- Disbursement- where does the money go?
- Financial aid may disburse 10 days prior to the start of the semester if you are registered for a full time credit load (or you informed Financial Aid that you will be less than full time and they have already processed those changes).
- Disbursed funds will go towards paying your UH-charged educational costs, tuition, fees and UH Housing, as shown on your Student Account on the MyUH Services portal.
- Unfortunately, you cannot charge your textbook purchases at the Bookstore to your UH account, and therefore books must be purchased separately.
- If you have more financial aid disbursed than your UH charges, you may be eligible for a refund. UHM does not hold onto funds for an upcoming semester.
- We recommend that you sign up for eRefund so that your refund can be sent directly to your bank account.
- If you do not sign up for e-refunds, a paper check will be sent to your mailing address on file, which may delay the receipt of funds.
- Refund amounts may be used for educational expenses such as books, supplies, off-campus rent, food, etc. It is the student’s responsibility to ensure that the refund amount is budgeted appropriately to last the entire semester.
- Apply for FAFSA & Scholarships every year
- Applying for financial aid is an annual process and FAFSA must be submitted each year for the following academic year. For example, students intending to take classes in academic year 2020-2021 can submit a FAFSA beginning October 1, 2019.
- It is highly recommended that students submit their FAFSA as close to the October 1 opening as possible, as some funds are awarded on a first-come, first-served basis.
- Students are encouraged to seek scholarships every year.
Scholarships-Things to Remember
- STAR (specific for ONLY UH Mānoa students) has deadlines usually in Mid-February for the following academic year.
- UH System Scholarships and any other scholarships all have varying dates, but generally you are applying for the upcoming academic year
- Check out the Financial Aid website for other scholarship links
- If you are receiving any scholarships, stipends, and/or fellowships, please inform Financial Aid in writing via an email, as those funds may affect your aid offer.
- If you need to submit a payment, follow these instructions.
- You may grant another person access to make a payment on your behalf through your MyUH Services or STAR
- You may also sign up for a payment plan through MyUH Services or STAR
Important to Know
- If you would like to allow another individual to be able to discuss your financial aid offers on your behalf, please see the Financial Aid office for an Authorization to Release form. This is different than granting someone access to make a payment on your behalf. This form must be completed for every academic year you are granting authorization.
- Students receiving financial aid who completely withdraw during the semester, or fail all courses in a semester, may be required to pay back some of the aid received for that term.
- Students must maintain Satisfactory Academic Progress (SAP) to be eligible for aid, defined by:
- GPA: a minimum cumulative GPA of 2.0 or higher as required by their department
- Progress: Students must pass 67% of all attempted credits (courses which the student receives a grade of F, W for withdrawal, NC for no-credit, NG for No Grade or I for incomplete do not count as passing)
- Timeframe: students can receive aid for 150% of the units required to earn the degree. For example, if the major requires 120 credits, the student can attempt up to 180 credits before being ineligible for further aid
- All courses must also count towards your degree
The entire policies regarding financial aid at UH Mānoa can be found here.
After completing Modules 3 & 4, please take a moment to complete Quiz 2 online.
View the entire New Rainbow Warrior (Making Mānoa Yours) Online Orientation Playlist on YouTube.