Financial Aid Updates
Below is important information that all students with financial aid should read in order to avoid delays in the processing of your financial aid. Please feel free to make an appointment with me to discuss financial aid at any time this summer. I can be reached via e-mail at lawfinaid@utoledo.edu or by phone at 419.530.7929. I am often required to be out of my office for meetings and for duties related to the processing of student financial aid, so making an appointment will be the best way to make sure I will be available when you stop in.
The University of Toledo will be processing all loans through the Direct Loan Program. All of your federal loans will be processed through the Department of Education.
Remember that you must maintain at least 6 credit hours in order to obtain federal financial aid. This means you must take at least 6 credit hours in the summer, fall and spring. Due to staggered term start dates and flexible and module course scheduling a course must have started (attending hours) to be considered eligible credit hours and be counted towards the ‘minimum hours’ required for the aid program(s). If you do not have at least 6 credit hours you will need to find alternatives for financing your course load. Please contact me at 419.530.7929 if you plan to take fewer than 6 credit hours and would like to discuss your options.
Once your aid has been awarded, you will receive an award letter that shows what your eligibility includes. You will receive your original award letter in the mail, however, you will be notified via e-mail of any revisions made to your awards and you will need to access these changes through the self service portion of the myUTportal. You can accept your awards online through self service or you can return your award letter to the Law School Financial Aid Office.
A Grad/Plus Loan Application Form is required before a Grad/Plus loan can begin to be processed. The application can be turned into the Law School Financial Aid Office. You must complete a new application form each year showing intent to participate in this program. An application will be included with original award letters or accessed online.
Renewable scholarship eligibility will be determined after spring grades are completed. Once continued eligibility is determined it will be applied to the financial aid award. Until eligibility is verified it will not show on any award letters. Once the scholarship is applied, loan eligibility will be adjusted and a revised notification will be sent. Remember this information when budget planning for next year and when submitting award letters because the scholarship will impact loan eligibility.
Information is now available on scholarship opportunities for continuing students. The information has been submitted through the student activities emails. Please refer to these emails for additional information and specifics on the scholarships available.
Rocket Numbers/Student Identification
You will need to determine your Rocket ID number (R number) in order for the financial aid office (and other offices) to access your information. This is a more secure, identification method than your social security number and is what the University will require on all paperwork. The R number is not the number on the Rocket Card. The R Number can be found at myut.utoledo.edu. Log in and click on “my UT account” in the left corner. After all identifying information is entered the R Number will be listed on the left side of the page. Please access the R Number and have it available in order to ensure smooth and easy processing.
If you plan to apply for in-state residency this could impact your financial aid. If residency goes through mid-semester it often times requires the returning of financial aid funds and owing a bill to the University. If you are going to apply, please contact Law School Financial Aid so that plans can be made to ensure aid is not applied over the in-state budget.