Financial Aid Award Notification

You will be notified by e-mail of the awards you are eligible to receive after you have submitted your FAFSA.  The expected dates for Award Notification emails for on-time applicants are noted on the calendar. Emails will be sent to the student's RU email address.  You must go to the MY RU and log in to accept/ decline your awards and complete all requirements such as promissory notes.

Your award package is developed according to federal, state, and institutional regulations to help meet your financial need. The amounts listed under the Fall and Spring columns on your Award Notification Letter are the awards offered to you to help meet costs. Any summer amounts that appear on the award letter refer to the Second Summer term last summer. Financial aid is NOT automatically renewable from one year to the next. Students applying for the 2010-2011 academic year should receive their 2010-2011 Renewal notification from the federal processor in December 2009. Renewal applications are accessible to students beginning January 1, 2010 on the fafsa.ed.gov web site.

Radford University reserves the right to adjust or cancel financial aid awards based on changes in eligibility, funding deficits, enrollment changes, etc. 

ACCEPTING, REVISING, OR REJECTING YOUR AWARD

You will need to accept, adjust, or decline your award on the MY RU website.  Follow instructions on MY RU.  It will step you through all required screens to accept your award.  If you have received scholarships, stipends, or other aid/awards that are not listed on the award tab (in MY RU), you will be asked to list these in MY RU.  If you receive an award after you have accepted your awards, please list them on a separate sheet of paper and return or email the information to us. Your award letter requires you to inform us of money or aid you receive but is not listed on your award notification. If you receive money from other sources at any time during the year, we may have to reduce your awards at that time. 

The award acceptance process on MY RU also includes a request for you to let us know from which lender that you want to borrow your Federal Stafford Loan.  You will also need to sign your promissory note for that lender on the following website:  http://finaid.asp.radford.edu/stafmpn.html (for 2009-10).  If you have not already done so, you will also need to complete an Entrance Interview if you are accepting your Federal Stafford Loan at: http://finaid.asp.radford.edu/entr.html

ESTIMATED AWARDS / REVISED AWARDS

Your awards that are listed on MY RU shows your current offer of aid.  If changes are made to your award, you will receive an email at your RU email address requesting that you review your awards on MY RU.  

Click here for a copy of the Award Memorandum that is sent with your award letter.  This
Memorandum explains your awards.