It's that time again; time to file your FAFSA!
Starting January 1, 2016, the Department of Education's FAFSA website will be ready for students to complete the 2016-2017 FAFSA. Items needed to complete the FAFSA application include:
- Social Security Number
- Driver's License Number
- 2015 W-2's Forms
- 2015 Federal Income Tax Return
- FSA ID
If you are a dependent student you will also need your parent's 2015 financial information (2015 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 2016. 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.
Dropping a Class or Withdrawing?
If you are considering dropping a class or withdrawing from the entire term, here are some things to think about...
- If you are actively participating in your class, and have spoken with the instructor and you both feel that there is no way that you will pass the class with at least a "D", you should drop the class prior to the last day of withdrawal which is April 21st. A "withdrawal" from a class and an "F" in a class results in similar financial aid repercussions. Both result in zero hours completed, but an "F" will lower your GPA. Save your GPA by not getting a failing grade!
- If you are considering withdrawing from the entire semester and you have already spoken with your instructors and your semester performance will be less than a 2.0 GPA, please contact the Office of Student Financial Assistance to discuss your options before withdrawing.
The General University Scholarship Application deadline is February 1st. It is highly recommended that the application is submitted by this date. Our office also recommends that students complete the FAFSA by March 1st to be considered for certain scholarships that require financial need. It is important for students to contact the department in which their degree will be in, to determine if additional information is required for consideration for the departmental scholarships.
The Scholarship Committee holds several meeting through out March to award General University Scholarships to qualified students. Letters of notification are then mailed out to the scholarship recipients with information concerning the acceptance of the award.