All applicants applying for federal student loans must complete a Free Application for Federal Student Aid (FAFSA). Campbell Law's federal school code is 002913. This form is available online at www.fafsa.gov. A new form must be completed and submitted each year. It is recommended that applicants complete the FAFSA as soon as possible after January 1. Please note that all law students are considered independent for FAFSA purposes, even if their parents still claim them as a dependent.
Upon completion of the FAFSA, the Campbell Law School Financial Aid Office will mail a financial aid packet detailing the students' federal loan eligibility. The award letter will direct applicants to the Campbell University website in order to complete and return the Stafford and Graduate PLUS Loan Authorization Forms. These forms notify the financial aid office how much of an applicant's loan eligibility he or she would like to accept. Loan authorization forms must be returned to the Financial Aid Office before any loans can be certified.
Along with loan authorization forms, all applicants are required to complete loan entrance counseling and Master Promissory Notes (MPN). If an applicant is interested in a Stafford Loan, he or she must complete the Stafford MPN. Applicants who wish to accept a Graduate PLUS Loan must complete the Graduate PLUS application and Graduate PLUS MPN. Every student applying for a federal loan must also complete the online loan entrance counseling. All Stafford and Graduate PLUS loan requirements must be completed online at www.studentloans.gov. Campbell Law School is not able to certify any federal loan until all of the above requirements are completed by the student.
If all the steps are met in a timely manner, an applicant's loan monies should arrive within the first two weeks of classes. When the funds arrive at the university, the Business Office will deduct tuition and fees first. If a student has excess funds after tuition and fees, he or she may request those funds as a financial aid refund.
Financial Aid Refund
In addition to requesting financial aid to cover tuition and other required costs, students often request additional funds to use for living expenses. Thus, the total financial aid credited to a student's account frequently exceeds the semester's total expenses. These credit balances may be applied to payment of the following semester's expenses, or students may request a refund of such balances.
Students requesting a financial aid refund must first sign up for direct deposit. All you have to do is log into your WebAccess account, find CashNET, and click enroll in e-Refunding. You will then be prompted to enter your bank account and routing numbers. It is that simple. Once your account information is submitted, all of your financial aid refunds from that point will be directly deposited into the account you specified. Just sign up for e-Refund once... and your funds will automatically be deposited as soon as they become available each semester.
Authorization to transfer funds
Students may also transfer excess funds to their Campbell Card in order to purchase textbooks, make purchases at the coffee shop, or to print. In order to do so, students must complete the Authorization to Transfer Funds Form. Please be aware that any unused dollars transferred to your card will remain there until the end of the spring term.