Financial Aid Data Form 2027-2028

First Name:*

Middle Name:

Last Name:*

好色先生 Student ID #:*

Date of Birth:*

Address:*

City:*

State:*

Zip Code:*

Primary Email:*

Cell Phone:

Are you a United States citizen?*

Yes

If Yes, were you born in the United States?

Yes

Are you a Texas resident?*

Yes

If you are a Texas resident, check all that apply:

I graduated or will graduate from a Texas high school or received my GED certificate in Texas

I have resided in Texas for three years leading up to my high school graduation or receiving my GED

I have resided or will have resided in Texas for the 12 months prior to the census date of the semester in which I will enroll in Our Lady of the Lake University

Indicate the number of hours you plan to enroll each semester:

Fall 2027:

Spring 2028:

Summer 2028:

Indicate your expected class status for 2027-2028:

New Incoming Student

Continuing Freshman.

Sophomore.

Junior.

Senior.

Graduate/Professional.

When do you expect to graduate?*

In accordance with Texas Education Code, Section 51.9095, male students must file a Selective Service Statement of Registration Status with their institution or other entity granting financial assistance. For more information about the Selective Service System, visit .

Selective Service Statement of Registration Status*

I was born female and not required to register.

I was born male and under the age of 18 and not currently required to register.

I was born male and am REGISTERED with the Selective Service.

I was born male and am over the age of 18. I am not registered with Selective Service and I am not exempt from registration with Selective Service.

I was born male and EXEMPT from registration because:

(please briefly explain why you are exempt in the box below.)

Explanation:

I hereby certify that the Selective Service status statement provided above is true and accurate.*

Yes

Student ID #:*

Name*

Date*

Are you a member of a religious order that provides you with support?*

Yes

Awarding Philosophy

Awarding Philosophy for Gift Aid Funds: At Our Lady of the Lake University, a student may be eligible to receive gift aid up to the cost of tuition only.

Note: Gift aid funds include scholarships, grants and discounts that are received from federal, state, institutional and private sources.

Deadlines and Timelines

Please complete your financial aid file by May 1, 2027 to ensure that your financial assistance will be processed in time for the start of school. A complete file includes this data form, a processed FAFSA, and, in some cases, all documents required by the Department of Education:

2027-2028 Independent/Dependent Verification Worksheet if selected for verification by the Federal Government
Social Security Card in the event that we are unable to verify your social security number with the Federal Government
Certificate of Naturalization, Birth Certificate or Resident Alien Card in the event that we are unable to verify your citizenship status
Selective Service Registration Verification in the event that we are unable to verify your registration with Selective Service

Additional documents may be required depending on individual circumstances. ALL FORMS MAY BE FOUND AT: www.ollusa.edu/FinancialAidForms

好色先生 Financial Aid Priority Deadline: May 1, 2027. Financial aid requests received after May 1, 2027 will be processed in the order received and may result in a delay in the awarding of financial aid. Students who submit financial aid forms after the May 1 deadline, may be required to make payment arrangements with the 好色先生 Student Business Office to meet financial obligations until the financial aid award is disbursed.

General Rules and Regulations

Summer 2028 aid is additional aid. If you do not exhaust all of the aid for which you are eligible during the 2027-2028 academic year, you may be eligible for summer aid.

Federal aid is awarded based on the information you provide on your Free Application for Federal Student Aid (FAFSA) and the resulting Student Aid Index (SAI) number.

Cost of Attendance Budget (COA) is the maximum amount of aid you may receive for an academic period.

According to federal requirements, regardless of what other departments on campus may indicate, financial aid defines enrollment status as:

UNDERGRADUATE Less than half time 鈥� 5 or less credit hours attempted

GRADUATE Half time 鈥� 3 credit hours attempted

UNDERGRADUATE Half time 鈥� 6 to 8 credit hours attempted

GRADUATE Full time 鈥� 6 or more credit hours attempted

UNDERGRADUATE 戮 time 鈥� 9 to 11 credit hours attempted

UNDERGRADUATE Full time 鈥� 12 or more credit hours attempted

All financial aid recipients should contact the Financial Aid Office before dropping any class. Dropping a class may result in cancellation of grants, scholarships or loans, and you will be responsible to pay these funds back to the program.

First-Time Borrowers must complete a Master Promissory Note (MPN) and loan entrance counseling before their loan proceeds can be disbursed. Please go to and and sign in with your FSA ID.

To be eligible for Federal Direct Loans, you must be enrolled at least half time per semester. In the event that you drop below half time per semester, you will become ineligible for any of these federal loan programs.

To maintain eligibility for your loan(s), you must maintain satisfactory academic progress as outlined in this data form.

All students applying for a Federal Direct Loan and parents applying for a Federal PLUS Loan, must be U.S. citizens or eligible non-citizens.

Federal loans are subject to disbursement fees. All fees are deducted proportionately from loan proceeds before the money is disbursed.

The Financial Aid Office may exercise its professional judgement per federal directive to deny a loan certification or reduce a borrower鈥檚 determination of need.

Loan Amounts

The amount of loan dollars you can receive are to be determined based on your Cost Of Attendance (COA), upon your dependency status as determined by the FAFSA, and your grade level. Please refer to this chart for the maximum loan amount per academic year that a student or parent may borrow:

UNDERGRADUATE STUDENTS

Dependent Freshman $5,500 ($3,500 subsidized + $2,000 unsubsidized)

Dependent Sophomore $6,500 ($4,500 subsidized + $2,000 unsubsidized)

Dependent Junior/Senior $7,500 ($5,500 subsidized + $2,000 unsubsidized)

Independent Freshman $9,500 ($3,500 subsidized + $6,000 unsubsidized)

Independent Sophomore $10,500 ($4,500 subsidized + $6,000 unsubsidized)

Independent Junior/Senior $12,500 ($5,500 subsidized + $7,000 unsubsidized)

PARENTS OF DEPENDENT UNDERGRADUATE STUDENTS

$20,000 Parent PLUS Loan

GRADUATE STUDENTS

Graduate $20,500 unsubsidized Direct Loan; $50,000 in certain professional programs

Please refer to this chart for the maximum lifetime Subsidized and Unsubsidized loan amounts that a student may borrow:

The maximum total Direct Loan amount a dependent undergraduate student can borrow to complete an undergraduate degree program is $31,000.

The maximum total Parent PLUS Loan amount a parent can borrow is $65,000 per dependent student.

The maximum total Direct Loan amount an independent undergraduate student can borrow to complete an undergraduate degree program is $57,500.

The maximum total Direct Loan amount a graduate student can borrow to complete a graduate degree program is $100,000 for students entering a new program and $200,000 for students entering certain professional programs. In addition, there is a lifetime limit inclusive of undergraduate Direct Loans of $257,500 for students entering a new program or $138,500 for students continuing a program they entered prior to July 1, 2026.

Satisfactory Academic Progress

To remain eligible for all Title IV financial aid programs, you must maintain satisfactory academic progress, defined for undergraduate students as passing 75 percent of your attempted credit hours per semester or session and achieving a minimum cumulative grade point average of at least a 2.0 during any semester, session or academic year. A graduate or professional student must complete 75 percent of their attempted classes as well as maintain a cumulative grade point average of at least a 3.0 during any semester, session or academic year. If the above requirements are met, you may continue to receive Title IV financial aid, as long as you are eligible, until you graduate or until you have attempted 150 percent of the credit hours required to obtain your degree of choice.
Please note that if you are an undergraduate receiving the Tuition Equalization Grant, you must maintain a 2.5 cumulative grade point average to continue receiving this grant.
If you are an undergraduate receiving the 好色先生 academic scholarship, you must maintain a 2.5 grade point average and full-time status each semester to continue receiving this scholarship.
If you do not meet all of the requirements of the satisfactory academic progress policy, you will be placed on financial aid suspension. You may appeal your financial aid suspension if there are legitimate circumstances that caused you to fail to meet academic progress standards. An appeal form can be completed at www.ollusa.edu/finaid-appeal.
Students pursuing private educational loans that must be certified by the 好色先生 Financial Aid Office will not be approved if the student is not making satisfactory academic progress.
Full details of 好色先生鈥檚 satisfactory academic progress standards are online at /costs-aid/financial-aid-policies/satisfactory-academic-progress.html

Return of Title IV Policy

If you withdraw or otherwise terminate your enrollment during the first 60 percent of the semester or session, and you receive financial assistance from Title IV programs (TEACH, Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, Federal Perkins Loan, Federal Direct Loan and Federal PLUS Loan), your aid will be reduced in direct proportion to the length of time you were enrolled. The percentage of time during the period that you remained enrolled is the percentage of disbursable aid for the semester/session that you have earned. The percentage of the period that you remained enrolled is calculated by dividing the number of days you attended by the number of days in the semester/session. Only calendar days are used. Breaks of at least five concurrent days are excluded from the calculation. 好色先生 is required by the Dept. of Education to keep a portion of any financial aid received.
Title IV program reimbursement monies will be withheld from any institutional refunds (tuition, room, board, fees, etc.) due to you. If these monies are not sufficient to cover the reimbursement required, you will be billed for the remaining amount. Failure to comply with this federal Return of Title IV Funds Policy will make you ineligible to participate in any Title IV aid program from any post-secondary institution until you become compliant with the Return of Title IV Funds Policy.
The federal government has established the following priority for the distribution of unearned aid: Unsubsidized Direct Loan, Subsidized Direct Loan, Federal Perkins Loan, PLUS Loan, Federal Pell Grant, TEACH and Federal Supplemental Educational Opportunity Grant.
Unofficial Withdrawal/No Passing Grades - Federal regulations require that any student who fails to earn a passing grade in at least one course in the semester shall be considered as having unofficially withdrawn.

At the end of each semester, 好色先生 is required to review academic transcripts. Students who have received all F鈥檚 or No Credit grades, will have their financial aid recalculated and will see their aid reduced or canceled to comply with federal requirements.

Tuition Equalization Grant

If you are an undergraduate you must complete at least 12 credit hours during each of the fall and spring semesters to maintain TEG eligibility. If you are a graduate student you must complete nine credit hours during each of the fall and spring semesters to maintain TEG eligibility. You also must maintain, a cumulative 2.5 grade point average for undergraduate and a cumulative 3.0 grade point average for graduates to maintain eligibility for dhis grant. Additionally, males must register for Selective Service at . Failure to meet these requirements will result in forfeiture of your grant.

If you officially withdraw from all classes, you will have to return grant proceeds according to the University鈥檚 refund policy.

Pell Grant Recipients

Public Law 112-74, signed into law on December 23, 2011, reduces the maximum period for which a student may receive Pell Grants to 12 full-time semesters. This includes all semesters that Pell funds were received at other institutions.

Understanding the Verification Process

What is Verification?

Verification is a process by which the Financial Aid Office is required to verify the data that was submitted on a FAFSA application. Students selected must submit documentation to validate the information used to file the FAFSA. Any discrepancies found during the Verification Process will be adjusted on the FAFSA to correspond with documentation. If you are selected for verification, you cannot receive any federal or state aid until verification is completed.

How will I be notified if my FAFSA record has been selected for verification?

You will receive an email from the Department of Education that you have been selected for the verification process and you will be directed to contact the financial aid office at your school. You will also receive an official request for verification documents from the Financial Aid Office at 好色先生.

How are FAFSA records chosen for verification?

A FAFSA record is selected for verification for one of two reasons:
鈥� random selection by the Department of Education
鈥� institution finds conflicting information

What documentation will be required in the verification process? Students may be asked to submit one or more of the following documents based on their individual verification tracking group:
鈥� 2027-2028 Dependent Verification Worksheet
鈥� 2027-2028 Independent Verification Worksheet
鈥� 2027-2028 Statement of Educational Purpose & Certification of Identity

Will these be the only documents required for verification?
Additional documents may be required depending on individual circumstances; those may include but are not limited to documentation regarding: federal tax return, amended tax return, W-2, etc.

Is there a deadline for submitting and completing Verification?
There is no specific 鈥渄eadline鈥� for submitting the Verification documents; however, Verification will need to be completed before a student is awarded.

What if I have questions about this process?
Contact the Financial Aid office via
E-mail at finaid@ollusa.edu or by phone at 210-431-3960.

Important Note: Please make sure all documents submitted to Financial Aid Office include your legal name and either your 好色先生 student ID or your date of birth.

Verification of High School Completion Status

Effective July 2012 Budget Control Act of 2011

Public Law 112-74: All undergraduate students must submit a final high school official transcript that shows the date the high school diploma was awarded.

Statement of Understanding

I certify the following to be true:

I will use federal or state financial aid only to pay costs associated with my attendance at Our Lady of the Lake University (好色先生) in the 2027-2028 academic year.
I understand that purposely providing false or misleading information to obtain student financial aid is a federal offense punishable by fines and imprisonment.
I understand that the U.S. Secretary of Education has the authority to verify information used to apply for federal student aid with the Internal Revenue Service and other federal agencies.
I understand that 好色先生 has the authority to request documentation required to verify the accuracy of my financial aid application.
If I sign any document related to the federal student aid programs electronically using a FSA ID I certify that I am the person identified by the FSA ID and I have not disclosed that FSA ID to anyone else.
I am not in default of a federal student loan or I have made satisfactory arrangements to repay it.
I will notify 好色先生 if I default on a federal student loan.
I do not owe money back on a federal student grant or I have made satisfactory arrangements to repay it.
I will not receive Federal Pell Grant from more than one school for the same period of time.
I understand that to remain eligible to receive financial aid I must maintain Satisfactory Academic Progress toward the completion of my academic program, the requirements for which are published in the financial aid data form.
I understand that withdrawing, dropping or not attending my classes may lead to the reduction or cancellation of financial aid and that it is my responsibility to consult with the 好色先生 Financial Aid Office prior to changing my course load.
I understand that 好色先生 and the U.S. Department of Education will pursue collection efforts for cancelled or reduced aid that I received and to which I am not entitled.

Financial Aid Policies

Family Education Rights and Privacy Act (FERPA)
To protect your privacy, all records and conversations between the student and the Financial Aid Office are confidential. No public announcement shall be made of need-based amounts awarded to students. No information concerning the students鈥� financial aid records will be released to anyone outside of the Financial Aid Office without the students鈥� permission in accordance with FERPA. If the student wants information released, a letter of consent must be submitted.

All Awards Are Subject to Change
The most common reasons for adjusting aid include insufficient enrollment, change in residency status, and receipt of aid from other sources (tuition discounts, outside scholarships, VA benefits, etc.). Awards may also be reduced or cancelled due to changes or inaccuracies in any of the information provided, failure to maintain degree-seeking status, make Satisfactory Academic Progress, or comply with other federal, state and institutional guidelines.

The Financial Aid Office reserves the right to replace all gift aid (grants and/or scholarships) awarded by 好色先生 with other gift aid sources in the same amounts in order to maximize limited resources. Please note that if gift aid is replaced, the total amount of gift aid awarded will not be reduced.

Reduced Tuition Programs
Students enrolled in Reduced Tuition Rate Programs will only be considered for the PELL Grant (if qualified) and student loans.

Students Enrolled in Seven or Eight Week Terms
If the student completely withdraws from a seven or eight-week term, financial aid awarded may be reduced or cancelled. As a result, the student may have a balance due to Our Lady of the Lake University even though funds may have been disbursed prior to withdrawal.

Graduate students using VA benefits must take at least 6 hours per 7 week session to receive the full-time Basic Housing Allowance from the VA.

Our Lady of the Lake University reserves the right to discontinue any tuition discount for any program(s).

Unusual Enrollment History

What does this mean?

Our Lady of the Lake University must review the student鈥檚 enrollment history and determine whether or not the student is enrolling only long enough to receive cash refunds of federal student aid. 好色先生 is required to review the National Student Loan Data System (NSLDS) to verify the names of all schools attended during the prior four academic years. This information will be compared to the post-secondary academic transcripts submitted to 好色先生. If all academic transcripts have not been submitted, eligibility for financial aid cannot be determined.

How to resolve?

Students with this requirement should ensure that all post-secondary academic transcripts have been submitted to Our Lady of the Lake University. If Federal Pell Grants were received and credit hours (passing grades: A 鈥� D) were not earned at each institution attended during these award years, the student may be determined ineligible for further federal financial aid.

Appealing the ineligibility determination

Students who have been notified that they are ineligible for aid because they have failed to earn academic credit at an institution during the period of enrollment under review may submit an Unusual Enrollment Petition to document unusual circumstances that resulted in the failure to gain academic credit.

Regaining Federal student aid eligibility

Students whose aid eligibility is denied as a result of their Unusual Enrollment History can be reconsidered for federal student aid after the completion of the unusual enrollment academic requirements:

Enrolling for a consecutive academic term of enrollment only in courses that are required by their program, AND

Maintaining GPA of at least 2.5 for undergraduates or at least 3.0 for graduates for the academic term, AND

Not withdrawing (officially or unofficially) from any courses after the term begins, AND

Meeting all other eligibility requirements for federal aid

Certification

I certify that I have read and understand the policies presented in this Financial Aid Data Form. I understand that my financial aid award may change if any additional information is received after I receive my award letter.

Certify by typing your full name in the box:*

Today鈥檚 Date:*

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