It's that time again; time to file your FAFSA!
Starting January 1, 2015, the Department of Education's FAFSA website will be ready for students to complete the 2015-2016 FAFSA. Items needed to complete the FAFSA application include:
- Social Security Number
- Driver's License Number
- 2014 W-2's Forms
- 2014 Federal Income Tax Return
- FAFSA PIN
If you are a dependent student you will also need your parent's 2014 financial information (2014 W-2 forms and Federal Income Tax Return).
If you or your parents will not complete your tax return until a later time, do not wait to file the FAFSA. The FAFSA can be completed using estimated tax information and be updated once the tax return has been completed. For those that have their taxes filed, it is recommended that you use the FAFSA-IRS Data Retrieval process if possible. This process will become available to use beginning February 2015. This process is an easy and secure way to obtain tax information needed on the FAFSA from the IRS directly, allowing you to complete the FAFSA faster and more accurately.
All Direct Loan and Perkins/Nursing Loan borrowers are required to complete an Exit Counseling once they complete their degree or withdraw from school. This process is important because it allows the lender to have the borrower's current mailing information. The Direct Loan Exit Counseling is completed online through the National Student Loan Data System which has information regarding federal student loan history. The Perkins/Nursing Loan Exit Counseling is completed through the Cashier's Office.
Considering Summer School?
Students may be eligible to receive financial assistance for summer classes. Eligibility for summer aid is based on several factors:
- the number of hours the student is enrolled in
- the length of the classes in weeks
- loan eligibility
For more information about summer financial assistance and how to apply, see our summer page online that will become available in March 27th or visit our office in Horace Mann.