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Business Office

Thank you for visiting the Selma University business office page. Please review the following information carefully.


Financial Information

The following regulations govern the discharge of financial obligations to Selma University.

Students are required to pay the college fees upon registration, at the beginning of each semester. The student will not be able to start classes until general fees are paid.

The student is expected to fulfill their financial obligations to the school. When a student desires that a bill be sent to their guardians, the student may request that a statement from the Business Office be mailed to them. However, this does not release the student from penalties if bills are not paid when due.

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The Office of Financial Aid


Mrs. Yolanda Jackson
(334) 872-2533 Ext. 112
ygordon.finaid@yahoo.com
Fax Number: 334-872-7746
1501 Lapsley Street
Selma, Alabama 36701

SELMA UNIVERSITY holds full accreditation with the Commission on Accreditation of the Association for Biblical Higher Education.

5575 South Semoran Blvd. Suite 26
Orlando, FL. 32822

SELMA UNIVERSITY is an Equal Opportunity Institution and an Equal Opportunity Employer and does not discriminate on the basis of race, color, sex, national origin or physical handicap.

SELMA UNIVERSITY reserves the right to make changes at any time in the offerings and regulations established in this publication as circumstances may require.

Motto:  “Selma University, preparing men and women for Christian services.”

STEPS TO APPLYING FOR FINANCIAL AID

The Financial Office does not keep your FSA ID and Password on file. You must keep up with your FSA ID. It is a requirement to complete your financial aid process.

Financial Aid (The Basics)

Eligibility Requirements for Financial Aid Programs

• U.S. citizen or eligible non-citizen
• Registered with Selective Service (if required)
• Working toward a degree or certificate
• Making satisfactory academic progress
• Not owe a refund on a federal grant or be in default of a federal educational loan
• Demonstrate financial need via the application process
• Not receiving aid at more than one school during the same enrollment period

Financial Aid Programs 

Federal Pell Grant: This program is designed to provide financial assistance to persons at the undergraduate level who need funds to attend a post-high school educational institution. For the Pell Grant program, an undergraduate is one who has not earned a bachelor’s or first professional degree. All paperwork must be submitted to the Student Financial Aid Office during the period of enrollment for payment. 

Federal Subsidized Loan: This loan provides students the opportunity to borrow funds for education costs at low interest rates. For students with a defined need, the federal government subsidizes the interest during the certain specified periods.

Federal Unsubsidized Loan: This loan is for students with no defined need. The federal government provides loan funds with low interest rates, but does not subsidize the interest. Interest accrues to the student while enrolled in school.

Federal PLUS Loans: This loan provides the parents the opportunity to borrow funds for their dependent undergraduate student enrolled at least half time in an eligible program at an eligible school. PLUS loans require an acceptable credit history. Repayment for PLUS loans begins 60 days after the last disbursement.

Selma University does not certify loans to or for students on academic probation or for students failing to meet satisfactory academic progress standards as outlined in the preceding section.

Need help financing your education? Selma University recognizes that financial assistance is an important key to helping you reach your educational and career goals.

Selma University participates in the following Federal and Institutional Aid Programs:

v Federal Pell  Grant
v Federal Student Loans
VA Educational Benefits
Church Related Scholarships
***Selma University does not participate in state funding programs.

1. Student must apply for FSA ID (and parent if student is dependent); www.fafsa.ed.gov (http://www.fafsa.ed.gov). You must have an active FSA ID and Password.
 
2. Creating an FSA ID is simple and only takes a few minutes.
The final step in creating an FSA ID is to confirm your e-mail address. You will be sent a secure code to the e-mail address entered when you create your FSA ID. Once you retrieve the code from your e-mail account and enter it – confirming that your e-mail address is valid – you will be able to use this e-mail address instead of your username to login, making the log-in process EVEN simpler!

**NOTE** Remember, your federal student aid account information is valuable. Only the owner of the FSA ID should create and use the account, and you should never share your FSA ID.

3. Locate your most recent Student and Parent Federal Returns
4. Apply for a Free Application for Federal Student Aid at www.fafsa.ed.gov.
5. Selma University School Code is: 040673
6. Sign electronically with FSA ID (parent must sign with dependent student)
7. Submit application

Selma University participates in the Federal Direct Loan Program. To apply for a Federal Direct Loan visit: www.studentloan.gov and complete the following two documents:

v Complete a Master Promissory Note (MPN)
v Complete Entrance Counseling Form

Important: By completing your Entrance Counseling and Signing the MPN that does not mean your application is complete. The application must be ACCEPTED by the Department of Education.

The Financial Office does not keep your FSA ID and Password on file. You must keep up with your FSA ID. It is a requirement to complete your financial aid process.

Financial Aid Information