Can you describe what steps a financial aid application goes through before an applicant receives a financial aid package?
For undergraduate students, once we receive your FAFSA and other required financial aid information, provided you have been accepted for admission, you’ll be reviewed for federal, state and University aid (note that review/notification for merit scholarships occurs at the time the admissions acceptance is made). We’ll prepare a financial aid package for you and email you the link to view and accept your financial aid package online via our Student Financial Aid Portal at http://finaid.arcadia.edu. We will also mail it to your home address. For graduate students, those in full-time graduate programs are also reviewed for merit scholarships and graduate assistantships at the time of acceptance. After we receive your FAFSA And other required financial aid information, we will process any loans you have applied for and send you an award letter which lists any scholarships, loans or assistantships you will be receiving.
