Financial Aid Process

Financial Aid Application

A financial aid packet is included with course registration information or it may be requested from the Financial Aid Office (after acceptance into the program). Enrollment in the MAT program starting in May 2027 will be considered to be in the 2027-2028 aid year. The 2027-2028 Free Application for Federal Student Aid (FAFSA) will be available October 1, 2026.  Instructions for completing the FAFSA are found on the Covenant College Financial Aid Application. It should be completed with your 2025 income tax return information if a 2025 tax return was filed. The FAFSA will require consent to the Direct Data Exchange so your income information can be imported from the IRS directly.   The Covenant Financial Aid application and the Employee Reimbursement form should be completed and returned to the Education Office, Master of Arts in Teaching, along with other registration materials.

These forms must arrive at Covenant College on or before May 1 for priority consideration for financial aid.  Plan to complete your FAFSA online as early as possible.

If, after financial aid is disbursed, a balance remains on the applicant’s account, the balance can be financed by Covenant; however, please be aware that a finance charge of 0.79% will be applied to the unpaid balance at the end of each month. 

The Financial Aid office will contact you via email when the award is available to view and accept on your Banner account. Loans will be divided between the three semesters and disbursed to the account once the enrollment period begins. Individual loan disbursement emails will be sent to the student. If this causes a credit balance on the account, you may request a check for the credit balance from the Accounting Office after the first day of enrollment in each of the three semesters. 

If the student had a previous undergraduate student loan, it may be deferred while enrolled at least half time (six credit hours). The lender should be able to check the National Student Loan Database (NSLDS) for enrollment information. If the lender requires enrollment certification to defer the loan, the student may request enrollment certification from the Office of Records.

NOTE: The college provides electronic statements only; you will be notified through your Covenant email of your account balance. It is your responsibility to review your account through Banner, the campus information system. Students are assigned a Banner ID number and Covenant email address when accepted as a student to Covenant College. See the registration packet for more information.