Applying for and Following up with Financial Aid

T. GouldEDU653

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

Check MyDelta for Award Letter

Step 9

MyDelta

Step 9

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