Award Letter Instructions
All students should review the steps below to ensure timely disbursement of aid listed on the Financial Aid Award Letter.
- Please visit WebAdvisor to view your offered awards.
- Please accept on Web Advisor all of the aid you wish to use for the 2011-2012 academic year. (Be sure to accept both terms if you will be attending Fall and Spring)
- If you would like to change the amount of any of your loans, please contact lawfinaid@chapman.edu and indicate the award you would like to change and amount you would like it changed to.
- If your are borrowing a new loan, please be sure to complete the loan application process detailed below.
Please review the links below for details and terms of each award.
Federal Regulations require that students meet certain requirements to receive aid. Please review the sections below to ensure your compliance.
Enrollment/Housing Status: Your eligibility is based on expected enrollment for the program you are admitted and your housing status listed on your Free Applicaiton for Federal Aid (FAFSA). If you will not be enrolled in the units or the housing status listed on your award letter, please contact the Law Financial Aid Office. lawfinaid@chapman.edu.
Changes of Enrollment can affect your eligibility be sure to review these policies if you will be dropping below your expected enrollment. A "Return of Funds" calculation must be completed on students who withdraw from any term. Complete withdrawal may require a return of some of the fund already disbursed and may result in a balance due to the University.
Disbursements - funds are generally applied to a student's account by the end of the first week of classes for the current term provided all of the conditions for the award are met. All awards are split in two equal payments, half paid in the fall term and half in the spring term. No award will be paid prior to the disbursement scheduled for the term. Once loan funds are posted, an email will be sent to your Chapman email. If a disbursement results in a credit balance, students can request a refund from the Student Business Services Office.
Students are expected to maintain Satisfactory Progress in order to receive Federal Title IV aid. Please review the satisfactory Progress guidelines for your program.
Please review the Student's Rights and Responsibilities information.
Merit Scholarships
Please review the JD Scholarship page for the terms and conditions for these scholarships. LLM students should refer to their admit letter for the terms and conditions of the awarded scholarship.
Need Based Scholarships
For catalog year 2009 and beyond, Need Based Scholarships are considered renewable provided student maintains need eligibility as determined by subsequent years' Free Application for Federal Student Aid (FAFSA).
Work Study
The Federal Work Study (FWS) Program provides eligible students an opportunity to earn money to help meet educational expenses. A student does not automatically qualify for a job based upon FWS eligibility, but must be interviewed and selected. Job opportunities are posted in the Career Services Office and the Student Employment Office. Work Study employment earnings are paid directly to the student, twice a month. First year students have typically not been considered for FWS until after successful completion of the first semester. Students wishing to decline their work study may be eligible to borrow more from the federal loan program.
Federal Loans
To receive Federal Loans students may need to complete additional loan procedures. Please follow the steps below to ensure that your loan funds are received in a timely manner.
New Federal Loan Borrowers - If you have not borrowed loans from Chapman Law in the past or have a new type of loan you must complete additional requirements to receive your award. All applications and counseling can be completed via Student Loans.gov. Please be sure to do the following:
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Complete Master promissory Note for the Stafford Loan (Subsidized and Unsubsidized) and/or Graduate PLUS loan.
Returning Chapman Borrowers
Returning borrowers will be required to complete new Master Promissory Notes for any loan that required a cosigner. In addition, if you are borrowing a loan type that you did not receive last year, you must complete a Master Promissory Note. You can do so on the StudentLoans.gov website. If you have already completed the loan entrance counseling for your prior Stafford and Graduate PLUS loans with Chapman, you are not required to complete them again.
Loan Programs
Stafford Loans - Low interest rate (fixed 6.8%) federal loans. The annual loan limit is $20,500. There are fees of up to 1.5% charged on these loans.
Graduate PLUS Loans - Low interest rate (fixed 7.9%) federal loan. This loan is designed to help fill the gap between the total cost of attendance and all other awarded resources. This loan has a minimum credit requirement and fees up to 4% charged.
Perkins Loans - Low interest rate (not charged while in school and 5% there after) federal loans. Funding is limited with maximum award $750 annually.
Private Loans - Offered by some lenders to students who cannot qualify for federal loans. These loans may not exceed the student's cost of attendance when combined with all other aid resources. These loans usually have variable interest rates, require good credit or a qualified cosigner, and may have charge additional fees.
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