Radford University Financial Aid and RA Housing Credits

Financial Aid Status and Timeline

  • The financial aid award process for the upcoming fall and spring terms (20262026-20272027) is currently underway for returning students.

  • The student's FAFSA is confirmed to be on file; unlike the summer term, no additional application is required.

  • Expected Release: Award offers are anticipated to be sent out toward the end of June or during the first week of July.

Aid Eligibility and Changes

  • The student's Student Aid Index (SAISAI) is higher than the previous year due to increased family income.

  • Award Impact: The upcoming aid package is expected to be smaller than the previous year's package.

  • Grant and Loan Status: Eligibility for the Pell Grant is unlikely, though the student may still qualify for state grants, institutional scholarships, and student loans.

Resident Assistant (RA) Billing Process

  • RA benefits cover the cost of room and board.

  • Billing Method: The student will remain charged for room and board, but a corresponding "RA credit" will be applied to the account to offset the balance.

  • Departmental Oversight: This credit is managed by the Bursar's Office based on a list provided by the housing department; it will not appear on the Financial Aid dashboard.

  • Timeline: Fall bills are scheduled for release on July9July \, 9, and the credit should be visible on the account statement by that time.

Questions & Discussion

  • Amani: "Do you see anything, like, for my financial aid? Because I know this year that my financial aid might be less because my mama made more last year. So is there a potential… anything that I might have to pay out of pocket?"

  • Connor: Stated that because the SAISAI is higher, the aid package will be different. He confirmed there would likely be fewer grants and scholarships but noted that exact out-of-pocket costs cannot be determined until the financial aid is fully set up.

  • Amani: "I have a question about if so I have I got the RA job at Radford Carillion, and I wanted to know if the room and board would show directly on my financial aid or would it come off?"

  • Kayla: Explained that RAs are still charged for room and board, but an RA credit is placed on the account. She noted that while it acts like a scholarship, it is not technically a financial aid award and must be viewed through the account bill rather than the financial aid dashboard.

Student Information

  • Student Name: Amani

  • Student ID: 901055046901055046