| |
What to Do |
Usual Time Frame |
Step 1: |
Submit a FAFSA (Free Application
for Federal Student Aid)
- On the web (www.fafsa.ed.gov)
- By mail |
Mar 1 - on time |
Step 2: |
FAFSA sent electronically to the colleges listed
by the student |
|
| - Web FAFSA |
2 weeks |
| - Paper FAFSA |
4 weeks |
Step 3: |
College requests additional information or documents
needed to review file |
1-2 weeks |
Step 4: |
File goes to REVIEW status and financial aid counselor determines
eligibility. |
2-4 weeks |
Step 5: |
Award letter sent to student at mailing address in Banner. |
1-6 days |
Step 6: |
Student signs and returns award letter to Financial Aid Office |
1-30 days |
Step 7: |
Students who accept a loan must sign and submit Promissory
Notes as instructed |
1-2 weeks
(starting June 1) |
Step 8: |
Register for Classes |
|
Step 9: |
Accept charges (bill) with the Business Office prior to semester
Aid credits to student's business office account |
2 weeks |
Step 10: |
Aid in excess of school charges sent as refund check to student |
2-6 days |
| NOTE: The time estimates listed above require that the school receive
a VALID Student
Aid Report (SAR). If the school receives a REJECTED SAR, the student is responsible for resolving any omissions
or errors, usually missing signatures. The college does not
know which students are selected for verification/audit until
we receive a valid SAR. At that point we will send the student
a letter asking for the necessary signed copies of tax documents.
If we receive unsigned tax forms or illegible documents the
review process can extend for weeks longer than the time estimates
listed above. |
