Financial aid is the best way to pay for your college education.
Apply for 2014-15 as soon as possible. Go to fafsa.gov.
If you want financial aid, start the process each year by filing a Free Application for Federal Student Aid online (FAFSA). You can apply starting January 1 for the upcoming academic year. Most students qualify for some type of financial aid – be sure to get your FAFSA in so you don’t get left out!
If you haven't already, you need to apply online for a federal Personal Identification Number (PIN) . Your PIN serves as your electronic signature. Your PIN will be available at the time of application so you can use it immediately to electronically sign your FAFSA. You will use your PIN to sign other financial aid documents, to check on the status of your FAFSA, make corrections, and check your loan history.
FAFSA filers can now complete their tax information automatically using the IRS Data Retrieval option. It takes approximately 1-2 weeks for the IRS to make the data available if you filed an electronic return (6-8 weeks if you mailed a paper return). When prompted, follow the links to retrieve your tax information from the IRS and transfer it to your FAFSA -- this makes filling out your FAFSA easier and eliminates time-consuming errors. Get all the data retrieval and tax transcript details online.
The FAFSA gathers information about your income, assets, and other related information to determine your expected family contribution (EFC). Once you’ve filed, you can check the status of your application with the federal processor online or by calling the US Department of Education Student Aid Information Center, 1-800-433-3243 (TTY users call 1-800-730-8913).
The federal processor creates your Student Aid Report (SAR), based on the information you provided, and sends it to the schools you listed on the FAFSA. Once WMU receives your SAR, we take the estimated cost of attendance minus your EFC. This determines your unmet need. We then apply the financial aid programs you qualify for toward your need.
Sometimes, you may need to make corrections to your FAFSA after it has been turned in. Do this online at FAFSA on the Web . You will need to use your PIN.
If you, WMU, another school, or the Department of Education submits FAFSA corrections after you have been awarded financial aid, your awards may be adjusted or canceled. In addition to submitting corrections based upon verification, WMU may also submit corrections if:
WMU may also request additional documentation from you to verify the information you supplied on the FAFSA.
12/20/2013 10:24 AM
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