Financial Aid Data Form 2020-2021
Applying for Financial Aid
Follow the steps below to apply for financial aid at Our Lady of the Lake University.
Create a Federal Student Aid ID (FSA ID) – The FSA ID can be created at any one of the following sites:
Note: FSA ID will be used to log in to all U.S. Department of Education websites.
Complete your 2020-2021 Free Application for Federal Student Aid (FAFSA) using your current 2018 tax return at www.fafsa.gov .
Most students will also need their parents 2018 tax return to complete the FAFSA.
Be sure to list OLLU’s school code 003598 on the FAFSA so we may access your information
Financial Aid will mail you documents to complete your student file approximately two weeks after we have received your completed FAFSA from the U.S. Department of Education.
Complete and submit all requested documents to the Financial Aid Office. Requested forms can be found at https://www.ollusa.edu/costs-aid/financial-aid-forms-resources.html
Important Note: Please make sure all documents submitted to Financial Aid Office have your legal name, OLLU student ID or date of birth.
Once your file is completed, you will receive an award notification. Please review your award notice and if you have any questions, please contact the Financial Aid Office.
If you choose to accept your Federal Direct Loan award, you will need to complete the following steps:
First-Time Borrowers at OLLU
Complete Direct Loan Entrance Counseling and complete an Electronic Promissory Note (eMPN) at https://studentaid.gov/myDirectLoan/index.action
Returning Student Borrowers at OLLU
All returning students who received direct loans in the previous academic semester will not need to complete a new Master Promissory Note or loan counseling.
Note: If you choose not to accept your student loan award, please notify our office via email, mail or in person.