Frequently Asked Questions
How does Say Yes confirm your enrollment?
As a first step in processing Say Yes Guilford scholarship funding, Say Yes has to confirm enrollment with the college where a student plans to attend. All rosters have been sent to our partner institutions. Students who indicated their school choice in the Say Yes Portal are on the rosters the college receives.
As part of this process, Say Yes Guilford requests data and information about you that is included on the FAFSA to help process the scholarship calculation and payment. Say Yes depends on the university to provide that data to us and without it, we are unable to make a calculation.
Why is the Student Aid Report and Financial Aid Award part of this process?
In mid-September 2017, the U.S. Department of Education ruled that Section 483(a)(3)(E) of the Higher Education Act (HEA) specifies that FAFSA data, which includes information related to Expected Family Contributions (EFCs) and awards, “shall be used only for the application, award, and administration of aid awarded under federal student aid programs, state aid, or aid awarded by eligible institutions or such entities as the Department may designate.”
That means that information that used to be provided by universities to third party scholarship providers, like Say Yes Guilford, is now protected only for use by the university. That’s why Say Yes Guilford is now reaching back out to parents and students to get the data directly from the them.
When does Say Yes make the scholarship calculation?
Once Say Yes receives the required information, calculations are made and Say Yes Guilford provides funding directly to the college or university (funding goes directly to the institution, not the student or guardian).
Are “holds” placed on student accounts?
Once we calculate the Say Yes award for tuition we ask schools to place holds on student accounts. Some university policies allow them to place those holds and some do not. In situations where holds are not placed, the parent or guardian may be asked to make the payment and then will be reimbursed through the school once the Say Yes payment is processed. We always ask that parents or students check with the respective school and get an understanding of their policies.
What are some general reminders?
Say Yes scholars, please make sure the FAFSA is complete and that you have completed any additional paper the institution where you plan to attend may require.
If a student has an incomplete FAFSA or has not completed verification through the Say Yes Portal, Say Yes cannot process an award.
Say Yes students must register for a full time course load (at least 12 credit hours)
What do continuing students need to do?
If a student does not complete a full time course load or does not maintain a 2.0 semester GPA, the student will be on probation with Say Yes for the following semester. While on probation, the student will receive funding, but must meet all eligibility requirements in order to receive funding for the following semester. If there are two consecutive semesters below a 2.0 GPA or not completing 12 credits, there will be no Say Yes award.
If you lose financial aid eligibility, you will also lose Say Yes funding.