The mission of the Student Financial Services Office is to assist students and families in identifying and accessing resources that will aide in affording the opportunity for students to pursue academic success at the university and to facilitate the delivery of such resources.
Check the status of your Financial Aid: HERE
7 Steps to Filling out the FAFSA (Free Application for Federal Student Aid)
IMPORTANT: On May 10, 2015, the way you log in to fafsa.gov has changed. You now must use an FSA ID to log in and sign the FAFSA online. You can no longer use a PIN. If you are required to provide parent information on the FAFSA, your parent must register for an FSA ID too. To create your FSA ID at StudentAid.gov/fsaid
the FAFSA is FREE to complete and you don’t need money in order to fill out the
2. Log in using your FSA ID
you completed a FAFSA last year:
Click “Login” and enter your FSA ID. If you haven’t transitioned your PIN to an
FSA ID, you can do so here.
If possible, make sure you link your PIN during the FSA ID registration
process. Otherwise, you will need to wait 1-3 days before you can use your FSA
ID to sign and submit your renewal FAFSA.
this is your first time completing the FAFSA: Click “Start a new FAFSA” and enter your
FSA ID. If you haven’t created an FSA ID yet, you can do that here. You
will be able to use your FSA ID to sign and submit your new FAFSA right away.
you are a parent: Click
“login” and “Enter the student’s information”.
which FAFSA you’d like to complete
new FAFSA that becomes available on January 1, 2016, is the 2016–17 FAFSA. You
should complete the 2016–17 FAFSA if you will be attending college between July
1, 2016 and June 30, 2017. Remember, the FAFSA is not a one-time thing. You
must complete your FAFSA each school year.
Note: The 2015–16 FAFSA is available and must
be submitted by June 30, 2016 if you will be
attending college between July 1, 2015 and June 30,
2016, and you haven’t applied for financial aid yet.
your personal information*
is information like your name, date of birth, etc. If you have completed the
FAFSA in the past, a lot of your personal information should pre-populate to
save you time. Make sure you enter your personal information exactly as it
appears on official government documents. (Absolutely, no nicknames.)
your financial information*
· You should use income records for the tax year prior to
the academic year for which you are applying. For example, if you are
filling out the 2016–17 FAFSA, you will need to use 2015 tax information. If
you or your parent(s) haven’t filed your 2015 taxes yet, which at this point,
most people haven’t, you can always estimate the amounts using your 2014 tax return; just
make sure to update your FAFSA once you file your 2015 taxes. Once you file
your taxes, you may be able to automatically import your tax information into
the FAFSA using the IRS Data Retrieval Tool. It makes completing the FAFSA
6. Choose up
to 10 schools
Make sure you add any school you plan to attend, even if you
haven’t applied or been accepted yet. You can add up to 10 schools to your
FAFSA at a time. The necessary information will be sent over to the schools you
listed so they can calculate the amount of financial aid you are eligible
to receive. If you’re applying to more than 10 schools, this is what you
7. Sign the
document with your FSA ID*
FSA ID serves as your electronic signature, or e-signature. You’ll use it to
electronically sign and submit your FAFSA. If you don’t have an FSA ID, you’ll
need to get
one. If you’re considered a dependent student, at least one of your parents or your legal guardian
will need an FSA ID as well. You will use your FSA ID to renew/correct your
FAFSA each school year, so keep it in a safe place. If you have forgotten your
FSA ID, you can retrieve it.
If you have siblings, your parent can use the same FSA ID to sign FAFSAs for
all his or her children.
*If you are considered a dependent
student, your parent(s) will also need to do this.
For all undergraduate subsidized and unsubsidized Stafford loans first disbursed on or after July 1, 2015, and before July 1, 2016 the interest rate is fixed at 4.29 percent. The rate for graduate unsubsidized loans is 5.84 percent. For Stafford Loans that are first disbursed on or after October 1, 2015 and before October 1, 2016 there is a fee of 1.068 percent of the loan, deducted proportionately from each loan disbursement. Access more information on federal student loans at Federal Student Aid.
To receive a Stafford Direct Loan:
Complete the FAFSA.
Complete the Stafford Master Promissory Note.
Complete Stafford Entrance Counseling.
Federal Direct Loan Exit Counseling
As required by federal regulation, all student Federal Direct Loan borrowers must complete Loan Exit Counseling when they graduate, withdraw, or cease to be enrolled at least a half-time at a college or university. The exit counseling informs a borrower of their rights, responsibilities, and terms of repayment of the loan. Exit counseling online may be accessed atwww.nslds.ed.gov using the federal FSA ID used to complete the FAFSA. Complete Exit Counseling Online>>
Your federal student loans will be reported to, and tracked by, the National Student Loan Data System (NSLDS) which is accessible to you, guaranty agencies, eligible lenders, and eligible institutions of higher education as authorized users of NSLDS. Your access is through the use of your FSA ID, at www.nslds.ed.gov
Student Financial Services | Caldwell Hall Room 102
Phone: (870) 575-8302 | Fax: (870) 575-4622 | Email: email@example.com