The daily Nebraskan. ([Lincoln, Neb.) 1901-current, August 23, 1990, Summer, Page 7, Image 7

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    Students still can apply for aid I
By Lee Rood
Staff Reporter
Students who find their bank ac
counts dwindling with the onset of
the fall semester still have time to
apply for financial aid, said John
Beacon, director of the Office of
Scholarships and Financial Aid.
Although the priority deadline for
aid has passed for the 1990-91 school
year, Beacon said students have until
May to apply for Pell Grants and
Stafford Loans for this school year.
Students who applied for financial
aid by March 1, 1990, were eligible
for all kinds of aid to meet their finan
cial need, he said. Students who ap
plied after the priority deadline will
not necessarily be awarded aid to
meet their entire financial need, he
said.
To apply for aid, students need to
pick up financial aid packets in the
financial aid office, located in the
basement of the Administration Build
ing.
To avoid delays, Beacon said,
students should remember to answer
ali questions in the Family Financial
Statement, sign the statements and
use their correct social security num
bers.
Beacon said students should re
ceive Student Aid Reports four to six
weeks after applying for aid. After
reviewing the reports for accuracy,
students should bring them to the
financial aid office for processing, he
said.
About 30 percent of students who
apply for aid arc selected at random
by the Department of Education for
verification, Beacon said. Others may
be selected if “something looks sus
picious” on their application, he said.
The verification process can delay
the award process, he said.
Students not selected for verifica
tion should know if they are eligible
for aid four to six weeks after they
turn in their Student Aid Reports.
Beacon said the financial aid of
fice had not processed as many appli
cations as it had by this lime last year
because of a decision to begin proc
essing applications later this year and
because of some problems with proc
essing changes, he said.
“We didn’t perform as well as we
would have liked to.” he said.
Students who applied for aid by
the priority deadline should have
received notices by now, Beacon said.
The office plans to notify students
who applied for financial aid during
the summer in the next few weeks, he
said.
“I expect to have large numbers
out within the next two weeks,” he
said.
Beacon said he did not know how
many summer applications have yet
to be processed.
First-time borrowers have to at
tend a loan counseling session in the
Nebraska Union before they can pick
up their loan checks. The sessions
will be at noon and 4 p.m., Monday
through Friday, until late September.
The location of the counseling ses
sions is posted daily in the Nebraska
Union.
Perkins Loans will be disbursed
Sept. 24, 25 and 26 — in time for the
Sept. 26 tuition deadline, Beacon said.
- -—
Bookstore using bag-check tent
to prevent back-to-school thefts
From Staff Reports
Adding to the circus-like back-to
school atmosphere, the University
Bookstore has erected a tent outside
the Nebraska Union.
The bookstore is providing a bag
check service to try to stem backpack
thefts during the first days of school,
said Dick Lewis, operating manager
of the University Bookstore.
Last semester during the book
buying rush before classes slartccT, 20
backpacks were stolen out of the lobby
totaling about S1,200 in lost property,
Lewis said.
Lewis said he expected about 500
backpacks to be in the 20-by-40 tent
at one time.
Students must show their student
ID cards to use the hag check, Lewis
said. The tent will he open through
Wednesday.
When the bookstore is closed,
Campus Activities and Programs will
use the lent for its orientation activi
ties, Lewis said.
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Loans from Union Bank & Trust can
help smooth the rocky road to
Union Bank & Trust can help finance
your education through a variety of
loan programs including:
I ‘Stafford Loans (Formerly GSL)
‘Supplemental Loans for Students
I (SLS)
‘Parent Loans (Plus)
‘Consolidation Loans •*
For more information or loan applications,
stop in and see us at The Reunion or at the
Union Bank and Trust Offices, 1944 “O” Street,
I or call us toll free: 483-8278
f.