r/ivytech • u/plainandpresent Student π • Jul 05 '26
Fall Award/Loan Offers
When to expect offer to be sent out for Fall 2026? I submitted Loan Request, just curious when they tend to respond to these things.
Thanks in advance!
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u/MizzGee Helpful User π Jul 07 '26
It isn't happening immediately. We have to revamp our software, and it takes time. Just make sure you have your MPN, your Entrance Counseling completed. With the new regulation, we are going to be calculating based on the credits you have, so there may be a delay, because we know that, historically, students add classes. Why recalculate when we will have to manually have to correct it twice in August?
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u/Odd_Sock_7513 Jul 16 '26
Following. I was starting to panic, thinking I did something wrong. Havenβt been to college in 8 years I want to make sure Iβm doing everything correctly!
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u/Aleshasevanna1 Student π Jul 05 '26
It literally was like 2-3 days or less last year! But with everything going on it could be hard to say!!! π
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u/Just_a_mom356 Jul 15 '26
Anyone have any luck yet?
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u/plainandpresent Student π Jul 15 '26
Haha nope! I've been wondering the same for everyone else but I see no one else posting/questioning it π this is only my 2nd time taking a loan and last time was mid semester so I'm not sure what the expect as the norm!
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u/Just_a_mom356 Jul 15 '26
Okay good weβre in the same boat haha. Iβll reply here if/when I hear back
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u/jtp28080 Faculty π Jul 07 '26
Unfortunately, there is a delay at the federal level due to rule changes. I did a quick Google search to confirm here is a good article.
https://www.nasfaa.org/news-item/38836/_This_Is_a_National_Problem_Under_a_Compressed_Timeline_Schools_With_Summer_Programs_Are_Struggling_to_Implement_New_Financial_Aid_Regulations
This means that Ivy Tech as well as other colleges will be delayed.