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Saint Paul College verifies Free Application for Federal Student Aid (FAFSA) information of students selected by the Federal Student Aid or selected by Saint Paul College. Students selected for verification will be notified by email that the Aid Application Status Letter, explaining the required documentation to complete the verification process, is available on their eServices account. The Aid Application Status Letter will request specific information and/or documents required for verification. Self-reported information including household size or number attending college may be requested or documents including proof of citizenship or child support paid may be needed. The documentation requested will depend on the verification group the student is placed in, as chosen by Federal Student Aid or Saint Paul College.

Students should submit all required documentation within 30 days of the request. The financial aid process will not continue until the required documentation is received. Not submitting the requested documentation in a timely manner may result in loss of eligibility for the current academic year.

Once all required documentation has been received, students should allow a minimum of 14 business days for the verification process to be completed. If the FAFSA data matches the verification information, the Financial Aid process will continue toward a complete and accurate file at which time the student Award Notification can be viewed on-line at www.saintpaul.edu under the student鈥檚 eServices account. Any FAFSA discrepancies found as a result of the verification process will be corrected by the Financial Aid Office and electronically submitted to the central processor. Upon receiving a corrected FAFSA report from the central processor, an Award Notification will be available to the student.

Financial Aid and other awards start applying to your student account during the third week of each semester. If you are using financial aid to pay your tuition and fees, you will have a balance on your account until the third week of classes. Students interested in charging books and supplies to their students accounts, can apply for book charging through the Tuition Office. Any charges made through book charging, will be added to your account and then paid when aid is applied.

Any remaining excess funds will be disbursed to the student through BankMobile Disbursements, a technology solution, powered by BMTX, Inc. For more information about BankMobile Disbursements, visit this link:聽.

After the first disbursement of the semester, aid applies weekly to student accounts on Wednesdays. Any credit balance refunds will be available to students within 14 days. First-time loan borrowers must wait 30 days until the first disbursement of their loans. All loans must have at least two disbursements. Semester-only loans will be disbursed at the beginning of the semester and at the half-way point of the semester.

Any cases of suspected fraud of misreported information or altered documentation to fraudulently obtain federal funds will be discussed with Saint Paul College administration and referred to the Office of Inspector General of the Department of Education via Minnesota State Colleges and Universities.

Your security matters. If you suspect identity theft or fraud, act quickly. Visit the Identity theft & fraud website to learn about how protect your identity and next steps to report it.