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Shared Student Services

Frequently Asked Questions

Frequently Asked Questions  

No, the Free Application for Federal Student Aid (FAFSA), is a FREE application and does not include an expense for completion. You should use the following link to complete your application: FAFSA Application
Your FSA ID is used to access your FAFSA. You should create your FSA ID on the following website: Create Your FSA ID
  • The FAFSA should be completed every year that a student wishes to be considered for Federal financial aid. The FAFSA is available October 1 each year for the next academic year.
  • USF's priority deadline to submit the FAFSA is January 1st of each year.
  • USF's FAFSA School Code:  001537
Eligibility for most financial aid is based upon demonstrated need for the student and their family. Need is determined using the information reported on the Free Application for Federal Student Aid (FAFSA).
  • If you are a graduate/professional student you are considered an “Independent Student” under the criteria of the Dept. of Education. The level of support from parents will not affect your eligibility for Federal financial aid.
  • If you do not meet the Federal financial aid criteria to be considered independent, you will need to include parental information. If you have an extenuating circumstances you should contact the Office of Financial Aid.

Yes. A few of the eligibility requirements include:

  • A student must declare a major and be working towards a qualifying certificate or degree.
  • A student must have earned a high school diploma or a GED.
  • A student must also be a US Citizen or an eligible non-citizen (such as a legal non-resident).
  • If a student is in default or has an overpayment on a federal loan or grant they may not be eligible for any financial aid until that debt has been settled.
  • Meeting Satisfactory Academic Progress per your program's policy.
Yes, IF you are married on the day you are completing your FAFSA you must include your information and your spouse’s information. This rule still applies, if the two of you filed your taxes separately.
Divorced or students living separately from their spouse should not include their income in the FAFSA form. Only include income of your spouse if you are remarried.
The FAFSA covers the Fall, Spring, and (in some cases) the trailing Summer semesters.
  • Federal grants typically are not awarded to graduate/professional students.
  • Bright Futures students with remaining eligibility may use these funds to pay for their education.
  • Florida Pre-Paid may be used as reimbursement with approval.
Yes, you will need to contact the USF Office of Veteran Success. Please visit their website for the most current benefit and contact information.
  • Graduate and Professional students: unsubsidized and Graduate PLUS loans may be used.
  • Undergraduate students: will be considered for subsidized and unsubsidized loans; dependent students may also utilize a parent PLUS loan.
  • Each loan type requires the completion of separate Master Promissory Notes (MPN) and Online Entrance Loan Counseling. If these items are not completed, loan funds will not be disbursed.
  • A Master Promissory Note (MPN) must be completed once every ten (10) years per loan type.
  • The Online Entrance Counseling only requires one (1) time completion per loan type.
  • No, while attending USF Health, previously borrowed and newly requested loans should automatically go into In School Deferment. However, it is best to contact your loan servicer.
  • If required by a loan servicer, In School Deferment forms should be submitted to your program's Registrar to provide enrollment verification.
  • If a student borrows the Graduate PLUS loan, they will need to complete an In School Deferment form, as this loan goes into repayment as soon as it is disbursed.
  • Please find your loan servicer's information on the National Student Loan Data System. This is important to know, because you must repay your loans upon departure from USF Health.
  • Additionally when requested, In School Deferment forms must be completed with your loan servicer. Please obtain the necessary document from your loan servicer and visit your program's Registrar for assistance with your enrollment verification. Otherwise, you run the risk of your previous and newly borrowed loans going into premature repayment.
Apply at www.usf.edu/financial-aid/scholarships for USF Undergraduate and Graduate level scholarships. There are program-specific scholarships for MD, DPT, PA and PharmD students. Students should contact their program for program-specific scholarship information. All applications and supporting materials must be submitted by the scholarship deadline.
  • Students may only borrow up to the designated cost of attendance during the academic year. The cost of attendance includes the estimated costs for tuition and fees, housing and food, books and supplies, personal expenses and transportation.
  • The lifetime borrowing aggregate amounts are provided below:
    • $57,000 for undergraduate students: No more than $23,000 of this amount may be subsidized loans.
    • $138,500 for graduate students: No more than $65,000 of this amount may be in subsidized loans. The graduate aggregate limit includes all federal loans received for undergraduate study.
    • $224,000 for Health Professions students (Doctor of Pharmacy, graduate in Public Health, Doctor of Chiropractic, Doctoral Degree in Clinical Psychology, Masters or Doctoral Degree in Health Administration).
  • The aggregate amounts do not include any PLUS loan funds.
  • Use the following link (www.studentaid.gov) to complete the application, Grad PLUS MPN and Entrance Loan Counseling (these required tasks are separate from your unsubsidized loans). Upon submission, students will know immediately if their application is approved or denied.
  • This loan is not renewed automatically. You must reapply every academic year if you wish to borrow these funds.
  • 180 Day Rule: Students should not apply more than 180 days before the start of the academic year. If the application is more than 180 days old, the credit approval is no longer valid, and the student will need to resubmit the application.
  • As for all awarded aid, the amount requested will be divided into two separate even disbursements.
  • MD, PA, DPT students please contact MCOM registrars.
  • PharmD students please contact PharmD registrars.
  • Students are allowed to pay tuition and fee expenses out of pocket. Please refer to the "Tuition Assessment" communication from your program's Registrar's office for the guidelines of payment submissions.
  • Make sure you have sufficient funds; any returned check(s) will be assessed a fee. This will also delay your payment, causing you to incur additional late fees.
  • If your balance will not be covered by a financial aid award or other scholarship, please utilize one of the following methods:

    • eCheck (recommended) – Check payments can be made in OASIS by entering the routing and account number from your checking account paper checks. Benefits: There is no additional cost to pay using this method and payments post immediately. You can make payments through eCheck in OASIS. Simply enter your checking account's routing and account number. The advantage of this method is that there is no additional cost, and payments are posted immediately.
    • Using Bill Pay Through Your Bank – If you are using bill pay through your bank, make sure to update the address, including the four-digit zip code extension.
    • Credit Card – MasterCard, American Express, and Discover credit card payments can be made in OASIS, but please note that a 2.75% convenience fee will be charged.
    • Tuition Payment by Check or Money Order – If you prefer traditional payment, you can mail your payment in the form of checks or money orders. Make sure to include your student's USF ID# and send it to the address provided below. We recommend sending payments with enough time to ensure they are received before the bill's due date.

      We recommend sending payments with enough time to ensure they are received before the bill's due date.

      USF Student Payments – Banner
      PO Box 737442
      Dallas, TX 75373-7442

    • Scholarship Payments Checks, including the student’s USF ID#, should be mailed to the address mentioned below. Please note that it may take 10– 20 working days for your scholarship award(s) to be visible in OASIS. Your awards will be scheduled to disburse to your student account after the end of the drop/add period each semester.

     

    University of South Florida
    USF Payments – Banner
    PO Box 737442
    Dallas, TV 75373-7442


Important: Do not send scholarship checks directly to the Financial Aid Office, as this will cause processing delays.

  • Financial Aid will be disbursed each semester. Students are encouraged to monitor OASIS for disbursement activity.
  • If a student receives funds in excess of charges posted in OASIS and has an active Direct Deposit, their aid will be received electronically; otherwise a paper check will be mailed to the local permanent mailing address.
You will need to update your address information in OASIS.
  • Yes, you will need to complete a Request to Return Loan Funds Worksheet no later than 14 calendar days from your disbursement date. Contact the Office of Financial Aid to complete this.
  • The amount being returned cannot be greater than the amount that was disbursed.
  • USF will return the funds on the student's behalf and pay the associated fees. The student will need to make their payment payable to USF. The amount due will be displayed in OASIS.
No, your Direct Deposit will remain activated. You will need to make sure that your banking account information is up to date.
  • At this time, appointments are not mandatory. If you have a pressing concern, making an appointment may be to your benefit.
  • For appointments, students should use the E-Scheduler links provided below:
  • You may contact the USF Health Office of Financial Aid team via ServiceNow email.
  • Walk-in services are available:
    • North Tampa Campus: Monday — Friday from 9:00 a.m. — 4:00 p.m., located in the WELL (MDA) building.
      • Mailing Address: University of South Florida, USF Health Financial Aid, MDC 42, 12901 Bruce B Downs Blvd, Tampa, FL 33612-4799
    • MCOM+HI (MDD Building): Monday — Friday from 9:00 a.m. — 4:00 p.m.         
      • Mailing Address: University of South Florida, USF Health Financial Aid, MDD 54, 560 Channelside Drive, Tampa, FL 33602