Transfer of Financial Aid

Visiting students from universities in the United States who receive financial aid and wish to study at John Cabot University may transfer some of their financial aid to John Cabot University through a Consortium Agreement between the two institutions.

Students are urged to contact the Financial Aid or Study Abroad Office of their home institution for more detailed information. John Cabot University’s Financial Aid Office can assist in arranging for the transfer with the home institution’s Financial Aid Office.
 
Please follow these simple steps to ensure that your financial aid will transfer without delay to John Cabot University.

Note: You may not begin this process before you are officially accepted to the university. Any applications submitted before such time will not be processed and a new application must be submitted after acceptance.

Note: Students participating in a direct exchange with John Cabot University do not need to follow this process. Students who pay their home institutions through a special agreement need not fill out this form.

STEP 1: Contact your home institution’s Financial Aid Office to find out if your financial aid will transfer. 

        - In most cases all US Federal Aid will transfer.

STEP 2: Obtain a consortium agreement from your home institution and email it to the Financial Aid Office at aidtransfer@johncabot.edu. 

        - A consortium agreement informs your home institution of the cost of attendance for JCU as well as your exact period of enrollment including how may credits you plan to take. 
        - Allow 2 weeks time from sending the consortium agreement for it to be processed.

Your Consortium Agreement should be submitted to John Cabot no later than:

                          November 1st for the Spring Semester;
                          July 1st for the Fall Semester;
                          April 15th for Summer I and Summer II Sessions.

STEP 3: Upon return of your consortium agreement, you will receive a payment-in-full deadline extension form. Fill out this form and return it via email to the Financial Aid Office at aidtransfer@johncabot.edu. 

        - Failure to return this form may result in late fees, a delay in registration, or a delay in housing assignment¹. 

STEP 4: Receive confirmation of payment-in-full deferment².

        - Confirmation may take up to 2 weeks.


Be advised that the tuition deposit ($500) and housing deposit, if applicable, ($1000) cannot be waived and are due by specified dates.

Please contact the JCU Financial Aid Office for further information.

                                                                                                                                                                         

¹ Housing ($1000) and tuition ($500) deposits must always be paid in full before you can be enrolled for classes or assigned housing. Housing may become unavailable after a certain date if you have not paid in full or completed and received confirmation of your payment –in-full deferment. 
² If at any time, your aid information changes during the period after you have received confirmation and when you begin courses, it is your responsibility to inform JCU Financial Aid and complete a new payment-in-full deadline extension form.