Financial Clearance Instructions

Financial Clearance Process

1. If you have completed your FAFSA, the next step is to receive an estimated award letter or an official award letter from Washington Adventist University. If you have not completed a FAFSA, then you must complete one so that Student Financial Services can award you. Go to www.fafsa.ed.gov and complete a 2013-2014 FAFSA application. You will need your 2012 tax returns to complete the form.

2. All health insurance information including immunizations must be turned in to the Student Life Office (WH Rm 428) each year before the financial clearance process is complete.

3. Meet with you advisor and register for your classes.

4. Registration is NOT FINAL until a signed Financial Clearance Agreement and Promissory Note has been turned in to Student Financial Services with the payment arrangements specified on that agreement.

There are three options for paying your first payment or your full remaining balance:

• Full payment in cash, check, or credit card with 5% discount (online or at the cashier window) after financial aid is calculated.

• Sallie Mae Tuition Time Payment Plan (TTP Plan)

• Direct Parent PLUS or Alternative/Signature Loan

If you choose to enroll in the Tuition Time Payment plan, log on to https://tuitionpay.salliemae.com/wau and click on Enroll Now. You may also enroll by calling Sallie Mae at 1-800-635-0120. If you enroll by July 1, there is a 10 month payment plan, after August 1st, it becomes a 9 month payment plan. There is a one-time $100 enrollment fee. Please contact the Student Financial Services office if you are not able make the monthly payment amount. Additional funding may be available. Students who default on the payment plan may be withdrawn from classes until their accounts are financially current.

New students will be required to complete Master Promissory Note (MPN) for the Direct Subsidized and Direct Unsubsidized Loans. You will find the e-MPN at https://studentloans.gov or on our website under Costs & Financial Planning, Important Links.

All students should be registered and financially cleared before classes begin. We encourage you to contact the Student Financial Services office to start your clearance as early as possible so you can avoid the long lines. Remember, you will not be able to move into the dorm until you are entirely financially cleared, even if a coach or employer asks you to return to school early.

Students who are eligible to receive Seventh-day Adventist employee subsidy should fill out the Education Subsidy form and return it to us. The Subsidy form is available online on the Financial Aid page of our website (click on Important Links).

Once Student Financial Services confirms your clearance, you will be able to get your student ID, purchase books in the bookstore, and move into your dorm room.