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6. If I accept a Conservatory Scholarship from the San Francisco Conservatory of Music, I agree not
to consider any other financial aid offer from an institution member of the National Association of
Schools of Music for the 2016-2017 academic year, except with the written consent of the Dean of
the San Francisco Conservatory of Music.
7. If I have been awarded Federal Work-Study or Student Employment, this indicates that I
will receive priority for part-time work at/through the Conservatory. If I am interested in this
option, I understand that I need to contact the Conservatorys Human Resources Office and
express my interest in student employment during the first 2 weeks of the fall semester. After
that time, I understand that I will be treated as all other Conservatory students regarding
student employment.
8. Perkins and the Direct Stafford Subsidized Loans are excellent federal loans for paying part of
Conservatory expenses, as a full time student pays no interest or principal for these loans while
enrolled. Both loans are awarded on the basis of financial need as demonstrated on your FAFSA.
The Perkins Loan comes from a limited pool of money and must be awarded under federal
guidelines. The Federal Direct Stafford Loan program has significant resources but is limited to the
following maximum amounts:
Freshman
- $3,500
Sophomore - $4,500
Junior - $5,500
Senior - $5,500
I understand my eligibility for these loans. If I need additional resources, I understand that the
following loan options are available, depending upon my status: Additional Direct Unsubsidized
Loan Funds of $2,000 for all undergraduate students and the Direct Parent Plus Loan for Parents of
Undergraduate Students (PLUS).
Graduate students are eligible for the Direct Stafford Unsubsidized Loan of $20,500 per year and a
Graduate Plus Loan for any remaining need.
For International Students, there is the International Student Loan (which requires a co-signer who
is a US citizen or permanent resident). I understand that I need to contact the Conservatorys
Director of Financial Aid if I am interested in learning more information about additional loan
options.
If you have been awarded a loan and this is your first Federal Direct Student Loan please visit:
www.studentloans.gov in order to complete a new MPN and an entrance loan counseling
session. If you are a parent or a graduate student applying for a Plus loan, please complete the
attached loan application form and visit the www.studentloans.gov website to complete the
necessary information per the directions. Please see the attached Direct Loan informational sheet.
Name_________________________________________ Date _____________
Please Print or Type
Students Signature________________________________________________
PLEASE KEEP ONE OF THESE FORMS FOR YOUR RECORDS AND
RETURN ONE SIGNED COPY TO THE FINANCIAL AID OFFICE.