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Bringing It Home – The Saint Rose Blog

Everything You Need to Know About Accepting Your Financial Aid Award Letter

The time has come for you to review and accept your financial aid award from Saint Rose. Congratulations! We value your investment in College and can’t wait for you to experience some of the most rewarding and exciting years of your life.

To help walk you through the process of reviewing/accepting your financial aid, we talked with Janice Baumeister, associate director of financial aid at Saint Rose, who outlined in detail all the appropriate next steps, and we included important links to helpful resources. All YOU have to do is follow these instructions:

Here’s how to review and accept your financial aid award

  1. The first step is to log in to our Secure Area, which is where we store important, protected information, at https://bannerweb.strose.edu. To log in, you will need your unique student ID and PIN numbers, which we’ve sent you in an email. The first time you log on to this site, your PIN will be your birth date, in the format MM/DD/YY (for example, If your birth date is 01/11/2001 your PIN would be 011101).

  2. After successfully logging in, you will get prompted to change your PIN. Save this number!

  3. Voilà! You’re in. Now, click on Student and Financial Aid. Then, select Financial Aid, and then select Your Award Information, and then select View/Accept Award Offer by Aid Year. Are your fingers tired yet? Now, under Select Aid Year, use the dropdown arrow to select the 21-22 Financial Aid Year, and then click on the submit button. Pay attention to the tabs Award Overview and Accept Award Offer: This is where you can view and accept your aid, respectively.

  4. Review your award and make sure you have no unresolved issues or questions about the aid you received. You can use our Cost of Attendance Worksheet to help determine your total aid and remaining balance. If you still need help understanding something, then reach out to the Saint Rose Financial Aid Office at finaid@strose.edu. Our counselors are monitoring their emails and are happy to help.

  5. Make sure you understand all the stipulations and guidelines tied to your aid. For example, for some scholarships and grants, you might have to maintain a specific GPA. For Federal Work-Study, you have to work a certain amount of hours to receive your aid. Learn more about grants here, and read more about scholarships here.

  6. Keep in mind that you do not have to accept all the loans you received. However, if you find that the total amount of grants and scholarships do not cover the total cost of attendance, loans are a good option. A parent PLUS loan can help to subsidize your balance. Private loans are also an option, though we encourage you to investigate other opportunities first. Remember that you will have to pay back all loans with interest. For more on student loans, click here.

  7. Now it’s the moment you have been waiting for! It is time to select/decline the aid offered to you. Make sure you are comfortable with the award you are receiving before making your decision.

  8. Congratulations! You made your submission. If you haven’t by now, you should submit your Intent to Enroll. We can’t wait for you to officially join our community!

A few things to note moving forward:

  • All students who wish to receive need-based financial aid must submit the Free Application for Federal Student Aid (FAFSA) each year. The sooner they file, the better.
  • All Institutional financial aid awards are offered for full-time study (at least twelve credits per term for undergraduates, or nine credits per term for graduates) unless stated otherwise.
  • Any Institutional Housing Grant requires that the student is living on campus to receive the award. If a student does not reside in on-campus housing, the award will be removed and the student is no longer eligible for the grant.

Of course, if you have any questions, please reach out to our Financial Aid Office at finaid@strose.edu. Our counselors are available to help!

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