Your electronic award
Please note: Read the complete instructions below before proceeding to the electronic award letter link.
During the summer you will receive an e-mail to your Concordia e-mail account along with a postcard in the mail notifying you that your award letter is available.
Within the electronic award letter you will find helpful links to explain your awards and help you evaluate the financing options available to you. It also includes an interactive feature that will calculate your estimated bill for the 2008-09 academic year.
Once you have read the instructions, you may view your Electronic Award Letter online.
Important information regarding the Electronic Award letter
Use the award glossary for information specific to your awards. You must accept or decline all the awards before you are allowed to submit the award letter. See instructions below for accepting the loans.
Scholarships
In the electronic award letter, you may click on the scholarship and see an abbreviated award description.
Loans
The electronic award letter allows you to accept the loan amount, modify the loan amount or decline the loans.
· Federal Stafford Loan (Subsidized and/or Unsubsidized)
Step 1 - Accept the loan and the amount you wish to borrow in the electronic award letter
Step 2 - Choose a lender in the electronic award letter
Step 3 - Submit the electronic award letter
New students/first time borrowers
Step 4 - When you receive a letter from Sallie Mae indicating you should complete your Master Promissory Note on-line, do so immediately.
Step 5 - Complete entrance counseling at www.cune.edu/loancounseling
Returning students/previous Concordia borrowers
Note: If you are choosing the same lender as last year, no further action is required. We will process your loan for the amount you have accepted in the electronic award letter. If not choosing the same lender, contact the financial aid office at FinAid@cune.edu or 800-535-5494, ext. 7270.
· Federal PLUS Loan (parent loan)
First time parent borrower
Step 1 - Complete the PLUS Loan Confirmation Statement found here (or in the electronic award letter) and return to the address listed on the form.
Step 2 - When you receive a letter from Sallie Mae indicating you should complete your Master Promissory Note on-line, do so immediately.
Loans will not be processed until these two steps are completed.
Note: If you choose to use a different lender other than Student Loan Funding, you must obtain a paper Master Promissory Note from Concordia's financial aid office. To have the form mailed to you, please contact the financial aid office at finaid@cune.edu or 800-535-5494, ext. 7270.
Returning parent borrower
Step 1 - If you wish to use the same lender as last year, complete the PLUS Loan Confirmation Statement found here. Loans will not be processed until this document is complete.
Note: If not choosing the same lender, follow steps for First time Parent borrower.
· Federal Perkins Loan
New students/first time borrowers
Step 1 - Accept the loan and the amount in the electronic award letter
Step 2 - Complete entrance counseling at http://www.cune.edu/loancounseling
Step 3 - When you arrive on campus you will need to complete paperwork in the student financial services office, Weller 106. View the Master Promissory Note that you will be asked to sign.
Returning students/previous Concordia borrowers
Step 1 - Accept the loan and the amount in the electronic award letter
Step 2 - Important documents that require your signature will be sent to your campus mail at the beginning of school. Return the documents immediately in the envelope provided.
Estimated billing
The estimated billing function is designed to help you determine how much money you will owe for your tuition, room and board. The estimated charges are based on full-time tuition and on-campus housing. Refer to your billing statement for your actual charges. Use the function to help you determine how much, if any, loan proceeds you wish to borrow. If you are interested in finding out about other payment options, such as an interest-free monthly payment plan, see our tuition payment plan page.
Reporting additional aid
Students are required to notify the financial aid office of the receipt of any outside aid. Please bring or send a copy of any documentation that you have about any additional scholarships to our office immediately for processing. You may also report outside aid on the Outside Scholarship Award Form found here.
Submitting your award letter
The award letter can only be accepted by selecting the SUBMIT button on the electronic award letter. Your acceptance must be received before any funds will be applied to your student account.
Note: If you were awarded loan eligibility, you must select a lender before you can submit your award letter. Follow the above steps.