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Financial Aid Information for All Students

FAFSA* Students should file the Free Application for Federal Student Aid (FAFSA) as soon after October 1 as possible, but before March 1 to ensure access to all aid programs. Our Federal School Code is 001416.

 

  • All returning students can access their award letters online by going to web advisor.
  • New way to manage your refunds directly on your myUB portal.
  • Graduating or withdrawing do not forget to do your Exit Counseling*

* Please Note: You will be leaving the University’s site to go to another third party site when you click on these links

 

Exit Counseling


Exit counseling is a process that must be completed by undergraduate and graduate students. The requirements for completing an exit interview are graduation, withdrawal, or if you drop below half-time attendance. The counseling session provides information about how to manage your student loans after college.

NOTE: if you received both types of loans you MUST do both exits. The University may hold your transcripts and/or degree until we have received notification of your completed exit(s).

Helpful links: Income-based repayment calculator * Estimates your monthly payment amount under the income-based repayment plan for Federal Stafford (subsidized and unsubsidized), Grad PLUS, and Consolidation Loans which do not include any Parent PLUS loans.

Loan Consolidation


Loan consolidation* allows you to refinance any or all eligible outstanding federal student loans and create a single new loan with one monthly payment. The combining of existing loans into one new loan can result in lower monthly payments but higher total debt. The new loan will have a fixed interest rate, new terms, and may have an extended repayment period of up to 30 years.

*Please Note: You will be leaving the University’s site to go to another third party site when you click on these links.

U.S. Department of Education Consumer Disclosure Requirements


  1. Graduation or completion rates and, if applicable, transfer-out rates of the school’s undergraduate students; Visit Website
  2. Graduation or completion rates and transfer-out rates of the school’s undergraduate student athletes, if applicable; Download PDF
  3. Equity in Athletics Disclosure Act (Report on Athletic Program Participation Rates and Financial Support Data), if applicable; Visit Website
  4. Institutional policies and sanctions related to copyright infringement (effective 8/14/08); Visit Website
  5. Student body diversity including gender, Pell Grant recipient, and self-identified race or ethnic group, if applicable (effective 8/14/08); Visit Website
  6. Placement in employment of, and types of employment obtained by, graduates of the institution’s degree or certificate programs (effective 8/14/08); 
  7. Types of graduate and professional education in which graduates were enrolled, if applicable (effective 8/14/08);
  8. Retention rates of certificate- or degree-seeking, first-time, full-time, undergraduate students (effective 8/14/08); Visit Website
  9. Institutional policies regarding vaccinations (effective 8/14/08); 
  10. Institutional policy for compliance with the Family Education Rights and Privacy Act (FERPA); 
  11. Voter registration information, if applicable. The University has voter registration cards (in English and Spanish) at the Registrar’s Office and Student Services Offices.

Frequently Asked Questions


 

University of Bridgeport school code is 001416.

Email: -it is important that you check your UB account frequently and set up your Bridgeport email account after you register for classes. Our contact information is: Student Financial Services Magnus Wahlstrom Library, Garden Level 126 Park Ave, Bridgeport, CT 06604

Email: sfs@bridgeport.edu
Phone: 203-576-4568 Fax: 203-576-4570

You can use the above address for regular, certified or campus mail. It is also important that your address is up to date with the registrar office.

You MUST apply for financial aid every year by completing the FAFSA on or after October 1. Paper forms are available by contacting the Central Processing Center at 1-800-433-3243. You can complete your application electronically at www.fafsa.ed.gov*. We strongly recommend that all students complete their aid application by February 15 (CT Residents deadline) and by March 1st for the UB priority deadline

Starting with the 2017-18 FAFSA, which was available as of October 1, 2016, the tax information used will be from 2015. The 2018-19 FAFSA will use the tax information from 2016. Using the previous tax year information will now eliminate any delay in processing your FAFSA.

There are no income cutoffs when determining a student’s financial aid eligibility. Many factors are taken into consideration when determining a family’s ability to pay beyond parental income such as household size, number of dependent children in college, family assets, and cost of the institution; so it is impossible to determine your eligibility based strictly on income. To know if you will qualify for financial aid you must apply.

New applicants to the University of Bridgeport must be accepted for admission before an aid award letter will be sent to them. Once accepted an award packet will be sent for review. All students must have a processed FAFSA on file in order to receive an aid award letter. Returning students award letters will be available online on their WebAdvisor.

You are REQUIRED to apply for financial aid each year. Sometimes family situation changes; another child attends college, a parent returns to the workforce, or a parent dies. For the most part if your family situation does not change from year to year your award letter will remain unchanged.

There are circumstances that will enable the financial aid office to adjust a student’s aid eligibility. These circumstances could include the following: job loss due to unemployment or illness, a one-time benefit that affected your federal adjusted gross income, separation or divorce, or unusual medical expenses. If conditions such as these occur during any of your four years at University of Bridgeport, please contact the financial aid office. Do not send any letters to the federal aid-processing center. They are not able to adjust your aid eligibility.

Verification is a process to confirm information you provided on the FAFSA. You may have been chosen because: 30% of our student population is randomly selected by the Department of Education, the FAFSA information submitted was incomplete or inconsistent or the FAFSA contains estimated information. If you are selected for verification, you must provide specific documentation that has been requested by the Office of Student Financial Services. Please be advised that documentation for verification is time sensitive and must be submitted in a timely manner to ensure proper payment on your account.

You must complete BOTH a Master Promissory Note and a Entrance Counseling at studentloans.gov/myDirectLoan/index.action

All financial aid, with the exception of work study funds (funds MUST be earned), will be credited to your billing account in two equal disbursements: fall and spring. Once your charges have been paid (tuition, fees, room and board), any additional funds will be refunded to you to help pay for off-campus living costs, books, or personal expenses. Please enroll in the direct deposit option on your myUB portal to have funds deposited into your bank account. If a direct deposit is not completed, a refund check will be mailed to the student.

You can specify on your signed returned award letter that you would need summer aid or email sfs@bridgeport.edu for further information.

Only United States Citizens, permanent residents or Eligible non-citizens are eligible to qualify for Federal Financial Aid. As an International Student you may qualify for a private loan with a co-worthy US citizen.

No student information can be released unless we have a completed Family Rights and Privacy Act (FERPA) form on file listing whom is entitled to receive that information.

All students MUST have medical insurance that is compatible to the insurance offered by the University. If students have medical, insurance they can waive it by going online to www.universityhealthplans.com/ub and completing an insurance waiver form.

Please enroll in the direct deposit option on your myUB portal (go to Financial Information, View Account/Make Payments, sign in again, click eRefunds) to have funds deposited into your bank account. If a direct deposit is not completed, a refund check will be mailed to the student.

Students can contact the Student Financial Services.

*Please Note: You will be leaving the University’s site to go to another third party site when you click on these links.

At the end of January each year 1098T Tax Forms are mailed to the current address on file. Forms may also be obtained online at www.ecsi.net as of January 31st of each year. Our school code is “OZ”, to obtain a PIN, contact customer service at 1-866-428-1098. The representatives will help walk you through the log in process. NOTE: You must have a valid social security number to be eligible to receive a 1098T form.