New Students

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

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

Accepting Your Award

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

Federal Perkins Loans—To accept this loan, students should complete a Federal Perkins Entrance Interview at mappingyourfuture.org and a complete an Federal Perkins Loan Electronic Master Promissory Note (eMPN) available in SAIC Self-Service in the Financial Aid section. Completion is needed one time only at SAIC.

Federal Direct Stafford Loans—To accept the federal subsidized and/or unsubsidized loans, students should complete an undergraduate Federal Direct Stafford entrance counseling session and an online Federal Stafford Electronic Master Promissory Note (eMPN) (one application for both subsidized and unsubsidized) at StudentLoans.gov. Graduate students borrowing both Federal Direct Stafford and PLUS loans should complete the graduate entrance counseling session which has both Federal Direct Stafford and Graduate Direct PLUS Combined. Completion is needed one time only at SAIC.

Federal Direct PLUS Loan Eligibility for Graduate Students—To apply for this loan (credit check required), graduate students (post-baccalaureate students are not eligible) should request a Direct PLUS Loan at StudentLoans.gov.

If approved, an online Master Promissory Note (eMPN) must be completed at StudentLoans.gov. The eMPN is valid for 10 years once the first loan is issued, though additional loan funds will not be awarded or disbursed unless the student requests and is approved for additional funds. 

Students must also complete entrance counseling for graduate students at StudentLoans.gov before any Direct PLUS Loan funds can be disbursed to their student account. The counseling will satisfy the requirement for both Federal Direct Stafford Loans and PLUS Loans for graduate students.

To re-apply for additional Direct PLUS Loans during the same or subsequent award years while enrolled at SAIC, a new Direct PLUS Loan request must be submitted at StudentLoans.gov.

Federal Direct PLUS Loan Eligibility for Parent Borrowers—Parents of dependent, undergraduate students may apply for this loan (credit check required) by requesting a Direct PLUS Loan at StudentLoans.gov.

If approved, an online Master Promissory Note (eMPN) must be completed at StudentLoans.gov. The eMPN is valid for 10 years once the first loan is issued, though additional loan funds will not be awarded or disbursed unless the parent requests and is approved for additional funds. 

To re-apply for additional Direct PLUS Loans during the same or subsequent award years while the student is enrolled at SAIC, a new Direct PLUS Loan request must be submitted at StudentLoans.gov.

Federal Direct PLUS Loan Denials—Individuals denied for a Federal Direct PLUS Loan due to adverse credit history may appeal the decision or re-apply with a credit worthy endorser.

Federal Direct PLUS Loan Denial Options [PDF]

If the parent of a dependent, undergraduate student is denied a Federal Direct PLUS Loan, if eligible, SAIC will automatically award the student additional Federal Direct Stafford Loan funds (Up to $4,000 for freshman/sophomores and up to $5,000 for juniors/seniors) for the award year listed on the PLUS Loan request. The parent may still choose to appeal the decision or re-apply with a credit worthy endorser, however, if the PLUS Loan is then approved, any Stafford Loan funds awarded based upon the original denial may need to be cancelled.

Private Loan Eligibility—To apply for this loan (credit check required), students should complete a private loan application at the website of the participating lender of choice. Helpful information on the private loan process may be accessed at finaid.org. Borrowers must reapply with their chosen lender for each loan desired. Borrowers are not required to complete an entrance counseling session.

Continuing Students

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

Previous borrowers of Federal Direct Stafford Loans and/or Federal Perkins Loans who have been offered one or both of these awards again, as listed on their award letter, do not need to complete any additional steps to have the funds disbursed to their student account. If the student should not want to receive all or any of the loan funds listed on their award letter, a written request to Student Financial Services to have the appropriate award reduced and/or cancelled.

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. Please Note: SAIC is no longer using its own SAIC FEDERAL DIRECT PLUS LOAN REQUEST form.

If you have not completed a FAFSA, you should do so immediately at fafsa.gov by the priority filing deadline of March 1 before each year. The new award year always begins with the summer term at SAIC.

All Students

If you have not completed a FAFSA and are interested in financial aid, please complete the application online. Read the instructions for applying for financial aid on our website.

Award letters list your financial aid awards including eligibility for grants, scholarships, loans, and student employment. Included in your award packet is the SAIC 2014–15 Financial Aid Award Guide [PDF]. You should use this in combination with your award letter to finish necessary application steps and successfully finance your education at SAIC.