Your Financial Aid Offer
The Financial Aid Office will prepare your financial aid offer once you have been accepted to the college and you have submitted your FAFSA. Don’t forget to add Elms College’s school code: 002140. Students will be provided with their log-in credentials for ElmsConnect once they have been accepted to the college. Once they receive this information, they can check on the status of their financial aid offer anytime.
On the Financial Aid Page on ElmsConnect students can also see if the Financial Aid Office needs any documentation from the student or their family before they can create their offer. The Financial Aid Office will communicate to the student via mail and email regarding any information that is missing but required in order for us to move forward with the student’s financial aid offer. Documents that need to be sent directly to the Financial Aid Office may be emailed to , faxed to 413-265-2671, or mailed to Elms College, Financial Aid, 291 Springfield Street, Chicopee, MA 01013. Documents can also be dropped off in person to the Financial Aid Office, located on the first floor of Berchmans Hall, Monday – Friday, 8:30 a.m. – 4:30 p.m. EST.
Along with being able to view their offer online, financial aid offer packets will be mailed directly to the student’s home address. These packets are filled with important next steps, as well as critical next steps for you and your family.
Accepting or Declining Your Financial Aid Offer
If you don’t actually accept it, you won’t get it! Within 14 days of receiving their offer packet, students will be required to visit the Financial Aid page on ElmsConnect to accept or decline their financial aid offers. If you accept any of the federal student loans you have been offered, you will also be instructed on ElmsConnect to complete both your Entrance Counseling (ENT) as well as your Master Promissory Note (MPN) on studentaid.gov.
Review the Financial Aid Enclosure
Although there is A LOT of information on this handout, it is super important to review so you and your family understand the financial aid policies at Elms College.
Calculate Your Balance with the Cost Planning Worksheet
Your financial aid offer packet will include a Cost Planning Worksheet that will allow you to use your financial aid offer to determine your out of pocket expense for the academic year. Sorry, there is math involved. Fill in the blanks using your financial aid offer. If you lost your financial aid offer, that’s okay! You can view your financial aid offer electronically on ElmsConnect (and even print a new copy for your records).
Understand Your Payment Options
Ok, you’ve figured out your estimated balance for the upcoming academic year. Use the 2020-2021 Payment Information handout you received in your financial aid offer packet, or visit the Loans & Payment Options webpage. Now’s the time to come up with a plan to reconcile your balance in preparation for your billing statement. If you have a plan, great! If not, feel free to reach out to your admission counselor or the Financial Aid Office for help.
Finalizing Your Financial Aid Offer
The Financial Aid Office may need to have students and/or parents complete/submit documents to our office in order for us to finalize the student’s financial aid offer. The Financial Aid Office will communicate to students via email, mail, and telephone. Students are responsible for responding to all requests from the Financial Aid Office in a timely manner. Students can view any outstanding documents on ElmsConnect 24/7. Documents that need to be sent directly to the Financial Aid Office may be emailed to , faxed to 413-265-2671, or mailed to Elms College, Financial Aid, 291 Springfield Street, Chicopee, MA 01013. Documents can also be dropped off in person to the Financial Aid Office, located on the first floor of Berchmans Hall, Monday – Friday, 8:30 am – 4:30 pm EST.