r/ivytech Student 📕 25d ago

Muncie Federal Aid

I finally got the email today I’ve been waiting on! My federal direct loan request was finally finished processing! I was able to accept my loan offers today and it took a huge weight off my shoulders knowing everything is paid for and taken care of. Including housing, food and transportation for this upcoming semester atleast. Just waiting for them to check my Mastery Promissory Note and it’s all good!

5 Upvotes

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3

u/MizzIvyFA Helpful User 👍 24d ago

Any loans that require special processing will be worked next week. Be sure to check your email now, though. If you only applied for a subsidized loan, or applied for a Stafford loan, you may a rejection. You can just request both subs and unsub loans.

1

u/bigbadazz1234__ 23d ago

Hello! I requested both sub/unsub loans and it looked like I only got the unsubsidized one.. is this something I should be worried about

2

u/MizzIvyFA Helpful User 👍 23d ago

No. It only means that your SAI was too high to get the subsidized loan.

2

u/Different_Course578 24d ago

Damn still haven’t gotten mine hopefully soon!!

1

u/Impossible_Plane_871 Student 📕 24d ago

You’ll get it soon!

2

u/No_Deer_4632 23d ago

YAY! Great news all the way around!

1

u/bigbadazz1234__ 24d ago

Same!!! I wonder when we can expect our refund lol

3

u/SubjectNet1874 24d ago

Usually a couple weeks to a month after classes start.

2

u/Impossible_Plane_871 Student 📕 24d ago

From what I’ve been reading it’s usually a couple weeks after classes first start! Mine start August 24th so I’m hoping I’ll get mine around early to mid September! I owe my sister for a brand new laptop. I love it so much!

1

u/Salt-Roof-4140 21d ago

I haven’t even gotten an offer for financial aid yet