Financial Aid
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Going to college involves three separate processes:
1. applying for admissions at the college;
2. arranging for housing; and
3. applying for financial aid.
Applying for financial aid may seem confusing, but in reality, you only need to take the following 10 basic steps:
Step 1: Submit the Free Application for Federal Student Aid (FAFSA) to the central processor or apply on line at www.fafsa.ed.gov.
Step 2: The results are sent to the colleges you listed on the FAFSA form.
Step 3: The colleges you listed will contact you.
Step 4: You must respond to the colleges’ requests and provide them any needed information.
Step 5: Notification of your financial aid eligibility will be
sent to you based on the information you provided in steps one and four.
Step 6: You must respond to the colleges’ financial aid offer by accepting or rejecting the financial aid offers. If you don’t respond by the deadline the award will be cancelled. Be sure to inform the colleges you decided not to attend that you are rejecting their award so the college can re-allocate the funds to students who are planning to attend their institution and they can close your file.
Step 7: If you have accepted a student loan as part of your financial aid award, you must complete and sign a Master Promissory Note (MPN), per the college’s instructions.
Step 8: After you have been accepted for admission and register for classes, you will receive a bill listing your charges and the financial aid you accepted.
Step 9: You must respond to the Business Office to confirm your attendance and arrange final payment of your account. If you do not your classes may be cancelled.
Step 10: Financial aid in excess of college charges will be available to you in a refund check, if applicable.
