How Graduation or Withdrawal Affects Student Aid

Graduation

Congratualtions on your graduation! If you borrowed Federal Student loans while in school, your loans will enter into their grace or repayment period. The Department of Education requires that you be informed of your rights and repayment responsibilities of your student loans through an Exit Interview.

Prior to graduation, if you have received federal loans or a TEACH grant to assist in your education expenses, you will be notified to complete a Loan Exit Interview by the Financial Aid office for Federal Stafford Direct Loans and the TEACH grant or the Business Office for Perkins Loans. Exit interviews must be completed before graduation.

You may click on the links below to begin the loan exit interview process on-line.

Federal Stafford Direct Loan Exit Interview

You must have your federal PIN issued to you when you filed your FAFSA to access your Federal Stafford Direct Loan account.

If you have any questions regarding your Federal Stafford Direct Loans, please contact Alayne Bowman in the Maryville College Financial Aid Office at 865-981-8087.

Perkins Exit Interview

If you have any questions regarding your Perkins Loans, please contact Lori Crisp, Maryville College Business Office at 865-981-8147.

If you are uncertain if you have received a Federal Loan while in attendance at Maryville college, you may check your Federal Financial Aid History at www.nslds.ed.gov. You must have the PIN issued to you when you filed the FAFSA to access your account.

TEACH Grant Exit Interview

You must have your federal PIN issued to you when you filed your FAFSA to access your TEACH grant account.

If you have any questions regarding your TEACH grant, please contact Alayne Bowman in the Maryville College Financial Aid Office at 865-981-8087.

Withdrawal

The date a student withdraws from college wil determine how the student's financial aid is affected.

Warning: Because Federal and Institutional Aid are re-calculated using different methodology, a withdrawal may result in a balance owed to Maryville College. You may want to consult the Financial Aid Office before making a final decision to withdraw from college.

Federal Financial Aid

Federal Aid is earned throughout the semester according to Department of Education established guidelines. Although awarded in full at the beginning of the term, if a student withdraws from the college during the semester, the Federal Financial Aid received may be pro-rated and adjusted to the student’s account according to the Federal Department of Education formula.

Federal Stafford Direct Loans and Perkins Loans will enter into a grace period effective the last day in attendance at the institution. All students who have received Stafford or Perkins loans while attending Maryville College must complete an exit interview upon their departure from the college.

Maryville College Aid

Upon withdrawal from Maryville College or dropping to below half-time student status, any Institutional Aid you may have received is re-calculated according to the Maryville College Student Withdrawal Policy found in the Student Handbook in the Academic Matters section. For example, if you withdraw at a point in the semester where you will be assessed 50% of Tuition, Fees, Room and Board, you will be allowed to keep 50% of your Institutional Scholarships, grants and awards.

Federal Stafford Direct Loan Exit Interview

You must have your federal PIN issued to you when you filed your FAFSA to access your Federal Stafford Direct Loan account.

If you have any questions regarding your Federal Stafford Direct Loans, please contact Alayne Bowman in the Maryville College Financial Aid Office at 865-981-8087.

Perkins Exit Interview

If you have any questions regarding your Perkins Loans, please contact Lori Crisp, Maryville College Business Office at 865-981-8147.

TEACH Grant Exit Interview

You must have your federal PIN issued to you when you filed your FAFSA to access your TEACH grant account.

If you have any questions regarding your TEACH grant, please contact Alayne Bowman in the Maryville College Financial Aid Office at 865-981-8087.

If you are uncertain if you have received a Federal Loan while in attendance at Maryville college, you may check your Federal Financial Aid History at www.nslds.ed.gov. You must have the PIN issued to you when you filed the FAFSA to access your account.