Authorization to Rescind and Accept Federal Student Aid


AUTHORIZATION TO RESCIND AND ACCEPT FEDERAL STUDENT AID

 

Date:  

Award Year:  

Campus:  

I, am notifying the Financial Aid Office at Beal University that I wish to RESCIND my authorization to decline the following Federal Direct student loans. I accept the following student loans:

(Check all that apply) *See NOTES

FEDERAL DIRECT SUBSIDIZED AND UNSUBSIDIZED STUDENT LOANS

FEDERAL PELL GRANT *SEE NOTES



*NOTES: 

Subsidized Loans: Interest is paid by the US Department of Education while you're enrolled at least half time in college. No interest accumulates.

Unsubsidized Loans: Interest begins accruing as soon as the loan is disbursed, including while students are enrolled in school.

Payments begin 6 months after last date of attendance for all loans borrowed: Federal direct subsidized and unsubsidized student loans.

You must be enrolled at least 1/2 time to receive Federal Student Loans.

Pell Grant: A pell grant is a grant the student does not have to repay. There is a limit to the amount of Pell grant that a student can receive based on eligibility.

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Signature Certificate
Document name: Authorization to Rescind and Accept Federal Student Aid
lock iconUnique Document ID: 565040c32775d9a100c0ef6720feadf119e918ee
Timestamp Audit
May 19, 2022 1:36 pm ESTAuthorization to Rescind and Accept Federal Student Aid Uploaded by Financial Aid - fa@beal.edu IP 71.255.159.238
May 19, 2022 1:59 pm EST Document owner administrator@beal.edu has handed over this document to fa@beal.edu 2022-05-19 13:59:24 - 71.255.159.238