Your Financial Aid Offer
For admitted students who have successfully submitted their FAFSA (and any additional info requested), the Office of Financial Aid Services will prepare and mail your Financial Aid Offer, along with some other handouts regarding your aid eligibility, to your permanent home address. Your Financial Aid Offer is also available electronically via the Financial Aid Portal on AMOS.
What’s in Your Offer Materials
Here’s an overview of what you’ll receive in your Financial Aid Offer:
- Your personalized Financial Aid Offer, including:
- All types of aid that you qualify for: This could include merit scholarships, need-based grants and scholarships, federal student loans, and student employment.
- Net price:
- Estimated bill with loans: What you will owe directly to Moravian after your student loans and other aid has been applied.
- Estimated bill without loans: What you will owe directly to Moravian after your aid has been applied, not including student loans.
- Payment and financing options: Ways to cover your estimated bill, including monthly payment plans, Parent PLUS Loans, private alternative loans, and more.
- “Understanding Financial Aid Lingo” Glossary
- “You're Accepted! What’s Next?” Checklist
Your Next Steps
Once you receive your Financial Aid Offer, there are a few important steps that you should complete before proceeding.
Step #1: Access your Financial Aid Portal on AMOS.
You have access to a personalized Financial Aid Portal where you can locate your Financial Aid Offer, aid requirements, and important messages about your aid eligibility. Please use the credentials you received upon acceptance to login to amos.moravian.edu and ensure that you can access your financial aid portal.
Eventually, you will no longer receive paper correspondence from the Office of Financial Aid Services and will only be notified via email to check AMOS when updates to your aid eligibility occur or action is required.
Step #2: Complete missing items for financial aid.
Don’t finalize your college decision without finalizing your financial aid! You received a Financial Aid Offer from Moravian University based on the information currently known to the Office of Financial Aid Services. If you have any requests for missing items on your account, then your financial aid eligibility is “estimated” until all outstanding requests are submitted and reviewed. You can check on your missing items in your AMOS Financial Aid Portal under “Documents & Messages.” Anything outstanding will have a status of “Not Received,” “Incomplete,” or “Not Signed.” Please take action so we can finalize your offer!
Step #3: Ask questions about your Financial Aid Offer and net cost.
As you explore the contents of your Financial Aid Offer, please reach out to the Office of Financial Aid Services with questions that you have about your aid eligibility, net cost, and any change of financial circumstances your family may be experiencing. This step helps you see what your bottom line will look like, financially, if you were to attend Moravian University. It’s also smart to compare Moravian’s offer to the offers you’ve received from your other schools of interest.
Our goal is to make sure that you feel confident in understanding your financial aid information as you make an important decision and investment in your education. As you review your Financial Aid Offer, here are some of the things that you should be thinking about:
- Are the types of resources that I am receiving merit-based, need-based, or both?
- Are the types of resources I am receiving “gift aid” (grants and scholarships that don’t need to be paid back) or “self-help aid” (loans and work-study)?
- What are the eligibility requirements that I need to meet in order to receive financial aid?
- Do I have to reapply for aid annually? How could my aid change from year to year?
- What is the Cost of Attendance? What will be billed to me directly by the University? What costs might I pay for out-of-pocket?
- What would my Net Cost look like without utilizing loans? What would I owe if I utilize loans?
- Will I need to use loans to bridge the gap between the Cost of Attendance and my Financial Aid Offer? What types of loan options are available?
- Do I expect to receive any external resources?
- Do I have any savings I plan to contribute?
- Is there a payment plan available?
We strongly encourage you to think about your education as not just a one-year commitment, but rather as a multi-year commitment from the day you step on campus until you graduate with your degree.
Step #4: Explore payment & financing options.
As you think about your Financial Aid Offer and Net Cost, we encourage you to start thinking about the options that are available to help you bridge the gap between the cost of attendance and your financial aid resources.
Moravian University bills each semester (fall bills are released in July; spring bills are released in December). In addition to paying out-right or for a portion of the semester bill online, via check, or credit card (credit card payments are assessed a 2.75% fee on the transaction amount), the following options are available:
- Monthly Payment Plan (starts on June 1st)
- Payment from an Educational Savings Plan
- Federal Parent PLUS Loan
- Private Alternative Loan
Step #5: Chat with the Office of Financial Aid Services.
The Office of Financial Aid Services is here to help guide you through the financial experience at Moravian University. Our financial aid advisors are available to assist with any questions you have, whether you wish to connect via email (email@example.com), phone (610-861-1330), or face-to-face (schedule an in-person or virtual appointment or stop by our office in Colonial Hall). You are encouraged to meet one-on-one with a financial aid advisor to thoroughly review your Financial Aid Offer, calculate your total net cost, talk about payment and financing options, and discuss any special circumstances that you may be experiencing that aren’t represented on the FAFSA.
Step #6: Think about fit and return on investment (ROI).
At the end of the day, you need to choose a school that is the best fit for you—academically, socially, and financially. Be sure to chat with your counselors from the Offices of Admission and Financial Aid Services to learn about the return on investment that a Moravian University education can have for you and your future.
Step #7: Submit enrollment deposit and accept financial aid offer.
To accept your offer of admission to Moravian, entering first-year students must pay the matriculation fee (“deposit”) by May 1. By submitting your deposit, you are accepting the gift aid (grants and scholarships), as well as any student employment offered to you. Accepting your offer of admission and financial aid does not obligate you to borrow student loans—you have the right to reduce or decline any offer of student loans.
How Financial Aid Offers are Determined
Financial aid is provided to help bridge the gap between a family’s demonstrated ability to pay and the cost to attend university. When all necessary financial aid application information has been submitted, a financial aid advisor will review the accuracy of the data reported and begin to assemble a Financial Aid Offer. The offer may include a combination of scholarships, grants, loans, and employment. The exact composition of a student’s Financial Aid Offer depends upon several factors, including admission and retention indicators of performance, financial need, and the availability of funds. Academic record and progress, date of admission, and the date of receipt of the financial aid application may also affect the makeup of the Financial Aid Offer.
Need-based aid is determined by financial and household information provided on the financial aid application. Financial aid that is not need-based, such as merit scholarships, is based on information provided by the student on the application for admission. A student’s Financial Aid Offer may include one or both forms of aid.
Moravian University offers institutionally-funded financial aid on the basis of financial need, as well as academic achievement and promise. A student may also qualify for resources through the U.S. Department of Education and applicable State Grant Agencies; as well as from various external sources. All offers are subject to change based on receipt of additional information, and the Office of Financial Aid Services reserves the right to review, revise, correct and/or cancel an award at any time. Offer revisions may be warranted due to changes in need; changes in enrollment or housing status, changes in academic standing; federal, state, or institutional requirements, availability of budgeted funds; or unusual circumstances.