Steps to Receive Financial Aid
Step 1: Receive Award
Once your financial aid application file is complete, you will receive an award notification to your Southeastern email directing you to view, accept, or decline your financial aid award on your LEONet account.
Step 2: Complete Entrance Counseling and Master Promissory Note (MPN)
If you are accepting loans as a first-time borrower with Southeastern you will need
to complete and submit the applicable promissory note(s) and entrance counseling. You will need to sign in using your FSA ID to complete these steps.
Please note: Direct Subsidized/Unsubsidized Loans and Direct PLUS loans require separate MPNs. For example, if a student has a Direct Subsidized/Unsubsidized Loan and a Direct Parent PLUS loan on their account, separate MPNs need to be completed by each borrower. One by the student for Direct Subsidized/Unsubsidized Loan and one by the parent who is taking out the Direct Parent PLUS loan. Your aid will not disburse until this is complete.
Step 3: Check Account Balance
You can view your account balance on your LEONet account under Campus Finances > Account Inquiry. All outstanding charges, as well as pending financial aid is listed. You should review the Fee Payment FAQ's for further details.
Step 4: Receive Disbursement
After classes have begun and the Add/Drop period has ended, your funds are ready for disbursement to your student account. Only funds that have been ‘Accepted’ are eligible to disburse. If your semester funds are in excess of your semester charges, you may receive the excess in the form of a refund. Southeastern partners with BankMobile for all refund payments and processing.
Step 5: Maintain Satisfactory Academic Progress
You will need to maintain Satisfactory Academic Progress in order to continue receiving aid. Details on the SAP policy can be found here.