What is Financial Assistance & How do I apply?

Financial aid is a combination of scholarship, grants and loans obtained to assist a student in going to college.   There are basically two types of financial assistance:

Scholarship/grants – if eligible a students does not have to pay this type of assistance back.

Student Loan – assistance you have to pay back after you graduate or are not enrolled in at least half time.


How do you apply?

The application for federal financial assistance begins with the Free Application for Federal Student Aid (FAFSA).

The FAFSA is designed to collect student (and parent for dependent student) information such as income, household size, and the number of people in your household who will be attending college.   The information is then put into a formula which determines the level of financial need for the student and his or her family.   The College of Nursing uses the result of this formula to determine which type of assistance the student is eligible to receive.

How do I complete the FAFSA?

The FAFSA can be found online at www.fafsa.ed.gov.   You can submit your FAFSA as early as January 1, 2009.  We recommend you complete your FAFSA no later than February 15, 2009 to maximize your financial aid opportunities.  

Before you go online to complete your fafsa, make sure you and your parent’s (if dependent) have your Personal Identification Number (PIN).   If you don’t have a pin number or can’t locate the one you already have, go online to www.pin.ed.gov and follow the instructions.   The PIN number is a way to sign your FAFSA application electronically.

When you are ready to complete your FAFSA, you will need you and your parent’s tax information from the previous year and the school code for the College of Nursing (006240).    There is also a Pre-application worksheet you can download and complete. This form has the same questions of the FAFSA in the order they should appear on the website.   When you have all this information, simply go Online and complete the process.   It is a quick, convenient way to apply for federal assistance.   Once you complete the online process, the College of Nursing will receive an electronic copy of your application from the federal government.


What Happens Next?

Once we receive a copy of your FAFSA, we will review it and contact you with the documents we need to complete your financial aid file.   When you file is complete, we will send you a financial aid award letter packet which will include federal Stafford loan paperwork.   The booklet which includes your award letter documentation will outline the next steps in the process.   Please remember that you will have needed to complete the College of Nursing admissions process before we will process your financial aid application.

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