Applying for and Following up with Financial Aid T. Gould EDU653
Applying for Financial Aid Click on the picture below to watch a 5 minute video on Financial Aid.
Complete the Free Application for Federal Student Aid (FAFSA) www.fafsa.ed.gov Step 1:
Things you will need to complete the FAFSA Your Drivers License Your Social Security Card Last years tax returns Last years W’2s Step 1 Cont.
Prior to completing the FAFSA information online, it is a good idea to use the FAFSA worksheet so you know what will be required Step 2
The form will look very similar to the electronic form that you will complete at the FAFSA website. Step 2 Cont.
Create a pin number for your FAFSA Needed for electronic signature If you are filing as a dependent, parents will need a pin also Step 3
Make sure to include school code (002251) Sign Form Electronically Print signature page and mail in Step 4
School listed will receive Student Aid Report (SAR) If signed electronically 2 -3 weeks If printed signed form mailed in 5 -6 weeks You will receive SAR If signed electronically 2 -3 weeks If printed signed form mailed in 5 -6 weeks In your SAR, your Estimated Family Income (EFC) will be listed Step 5
You will receive an email sent to your college email with what your eligibility will be Step 6
Your email will state that you: Have been awarded Need to submit more information Have been Denied and what other options you have Step 6 Cont.
You’ve been selected for verification The government randomly selects student for verification. Complete verification form and submit all documentation of income reported on the FAFSA Submit copies – all submitted documents will be shred after verification process is completed Step 7
Complete Verification Form With attached copies of Tax returns (must be signed) and W’2s Step 7 Cont
Apply for Loans Subsidized – government pays interest Unsubsidized – student pays interest Parent Loans Complete loan application and turn it in to Financial Aid Office Step 8
Microsoft Office 2007, (2007). Clip Art Library. Clip Art Delta College (2011). MyDelta. Retrieved from https://mydelta3c.delta.edu/WebAdvisor/WebAdvisor?&TYPE=M&PID=CORE-WBMAIN&TOKENIDX=8017067719 FAFSA.gov (2010). Free Application for Federal Student Aid. Retrieved from http://www.fafsa.ed.gov/# FAFSA.gov (2010). FAFSA on the Web Worksheet.Retrieved from http://www.fafsa.ed.gov/fotw1112/pdf/fafsaws12c.pdf FAFSA.gov (2010). Federal Student Aid Pin.Retrieved from http://www.pin.ed.gov/PINWebApp/pinindex.jsp Fastwebcontent (2008). The Five-Minute FAFSA.Retrieved from http://www.youtube.com/watch?v=kor_9cK593M&feature=player_embedded Delta College (2011). 2011-2012 Verification Worksheet.Retrieved from http://www.delta.edu/financial-aid-office/forms.aspx Delta College (2011). Federal Direct Student Loan Request/Cancellation Form.Retrieved from http://www.delta.edu/financial-aid-office/forms.aspx References