Accept/Decline Financial Aid Award

Accept/Decline Financial Aid Award

1. Log in to myNOVA.
2. Click on SIS: Student Information System.
3. Click on the Financial Aid tile.
   
4. Under the Awards section, click Accept/Decline. 
   
5. In the Award Decision column, select if you want to Accept or Decline the offered loans or work-study. 
   
6. Select Yes to confirm your decision
   

For Direct Loan Borrowers

If you accept a student loan at NOVA, you will be borrowing through the Direct Loan Program.

• Students must complete Entrance Counseling and the Master Promissory Note at Federal Student Aid.
• NOVA does not process paper Master Promissory Notes for Direct Loans.
• Awards are for the entire year or for your period of enrollment if aid is received for only one term.
• To decrease your loan amount, change the accepted amount field and update the total.
• Accepted loan amounts must be at least $200. 
• Loan fees are subtracted from the total loan amount before disbursement.
• Full subsidized loan amounts should be accepted before taking any unsubsidized loan.