Tag: Application

To receive financial aid, you will need to apply and be accepted by the college. To apply, you will need to complete an application. The two basic types of financial applications are the Free Application for Federal Student Aid, or FAFSA, and the CSS PROFILE forms.

The FAFSA form is used to calculate EFC. All 2022–23 FAFSA^® forms must be submitted by 11:59 p.m. Central time on June 30, 2023.

There are three ways to file a FAFSA:
1) by mailing it to the FAFSA,
2) by filing online through FAFSA on the WEB (www.fafsa.ed.gov),
3) by filing online directly through the college.

The need based analysis uses your financial information from the tax return from 2 years prior.

FAFSA® Process

You can click on the “Apply Now” button on the home page, and just follow the directions on the screen.

You will be assigned an FSA ID, username and password which let you sign FAFSA®. Your FSA ID also can be used to sign loan contracts. Your FSA ID is used to confirm your identity when accessing your financial aid information and electronically signing your federal student aid documents. You will need to fill out your name, social security number, date of birth, address, driver’s license, Tax info including w-2, untaxed info, and all your financial situation, etc.

You can list a few schools on the online FAFSA. You can add more schools later. Schools you list on your FAFSA will automatically receive your FAFSA results electronically.

In order to receive financial aid, the student must: 1) Demonstrate financial need, 2) Received a high school diploma, 3) Be enrolled in college, 4) Be a U.S. citizen or eligible non-citizen, 5) Have a valid social security number, 6) Make satisfactory progress while in college (2.0 GPA), 7) Certify the financial aid will be used for educational purposes, 8) Not be in default of a federal loan.