Your Award Letter

Accepting Your Award

Grants and Scholarships—No action needed. It is assumed that all students who are offered this award desire them.

Federal and Private Loans—Follow the loan application instructions at saic.edu/loansteps. Please note that you only need complete these steps one time only at SAIC for Federal Direct Stafford loans at SAIC. You must re-apply each year for Federal Direct PLUS and Private loans.

 

Canceling or Reducing Awards

Students who want to reduce or cancel some or all of their financial aid (including loans and work-study) should send an email request from their SAIC email account to Student Financial Services at saic.sfs@saic.edu to reduce or cancel the specific type of award. 

If reducing or canceling a specific loan or Federal Work-Study, this change could allow for an increase in the amount of eligibility in another type of award such as Federal Direct Subsidized Stafford Loans, Federal Direct PLUS, Private Loans or Federal Work-Study.  If the request is being done with the intent of increasing another type of award, please specify which loan type or Federal Work-Study.  See your award letter and the annual financial aid award guide for more information. 

You may wish to discuss this with your Student Financial Services Advisor for details before doing so.

Student Financial Services mails award letter packets to all new students who have:

  • Been admitted to SAIC
  • Completed a Free Application for Federal Student Aid (FAFSA)

Initial award letter packets are, generally, mailed eight to 10 business days after completion of the above items.

Student Financial Services will mail award letters to all eligible continuing students:

  • With a completed Free Application for Federal Student Aid (FAFSA) on file for the award year
  • If chosen for verification according to their FAFSA results, once the verification process has been completed

Previous borrowers of Federal Direct Stafford Loans who have been offered one of these loans again, as listed on their award letter, do not need to complete any additional steps to secure these loans.

Graduate students and parent borrowers of Federal Direct PLUS Loans must submit a new request at StudentLoans.gov for each award year and for each Direct PLUS Loan desired.