Frequently Asked Questions
How and when will I be notified of important financial aid information?
Students will receive a financial aid offer after they have been admitted to Rollins, completed the Free Application for Federal Student Aid (FAFSA), and submitted any supplemental documents as requested by the Financial Aid Office. Be aware that the Financial Aid Office may use electronic means to communicate with you, including sending the financial aid offer. It is your responsibility to keep your Rollins' e-mail address current and to read messages that are sent. It is also important that you keep your mailing address and phone number current with records' officials.
How is my need determined?
The Free Application for Federal Student Aid (FAFSA) determines your Expected Family Contribution (EFC). The EFC determines your eligibility for most need-based aid. Items that will affect need-based aid eligibility from year-to-year include: dramatic changes to income and/or assets, changes to the number of family members in college, changes to the number of family members residing in the household, etc.
Is need-based aid offered to first-year international undergraduate students?
Yes! Rollins offers limited need-based financial aid to international undergraduate students. Timing is critical in the financial aid process, so international students seeking need-based financial aid must apply at the same time they apply for admission. The pool of international applicants is highly competitive and the level of support provided from Rollins ranges widely, depending on particular family circumstances. Aid is determined based on the information provided by the family on the International Student Financial Aid Application (ISFAA), as well as the amount of Rollins academic scholarship received. Students seeking need-based aid will receive an email containing a link to the application once they submit their admission application to Rollins. We recommend that you submit the ISFAA within a few days of applying.
Can my award be increased?
The Office of Admission determines scholarship eligibility based on your academic history. Need-based financial aid is awarded based on uniformly applied policies designed to distribute available resources in an equitable manner. These awards are not negotiable.
What if I have unusual family circumstances?
We recognize that the need analysis process does not always consider every family situation. If your family has experienced an unusual change in financial circumstances not considered on the Free Application for Federal Student Aid (FAFSA), you may wish to request consideration. Loss of income, excessive medical expenses, and other situations may impact your family’s ability to fund your education. Please contact our office to request a review. We will review your situation to determine if additional aid is available. We will make every effort to incorporate these circumstances into the need analysis calculation. A review may only be conducted for circumstances that can be documented.
What happens to my financial aid if I must withdraw from class or am unable to complete a semester?
When a financial aid recipient withdraws from a semester or unofficially withdraws by ceasing to attend classes, federal regulation requires a Return of Title IV Aid (R2T4) calculation to determine if any federal Title IV aid must be repaid. Federal Title IV aid includes Pell Grants, Supplemental Educational Opportunity Grants (SEOG), Direct Loans, and PLUS loans.
The amount of federal Title IV aid to be repaid is calculated based on the percentage of time completed within a semester, which involves calculating the amount of Title IV aid earned by the student and the amount of institutional charges for that semester. Please contact us at email@example.com prior to withdrawing in order to determine the impact on your financial aid.
When unearned federal Title IV funds are repaid, they are returned by the program and up to the disbursed amount for each program. Unearned federal Title IV aid will result in a reduction to each aid program in the following order:
- Unsubsidized Direct Loan
- Subsidized Direct Loan
- PLUS Loan
- Pell Grant
Additional reductions may be made to the Florida Student Assistance Grant, Effective Access to Education Grant (EASE), and Bright Futures according to state regulations.
You will be notified by mail no later than 45 days after the determination that you withdrew during the semester. Your notification will provide detailed information on the aid programs which were repaid. If the notification includes eligibility for a post-withdrawal disbursement, you will have fourteen days to respond to accept or decline the award. The return of these funds typically results in additional charges to your student account that is the student's responsibility to pay.
Withdrawing from the semester may impact future eligibility for federal, state, and institutional financial aid. See the section on Satisfactory Academic Progress for specific information.