Financial aid can be a very time consuming, overwhelming and frustrating time as you’re examining your options to pay for school. With these four easy steps, we can curve the process.
Step 1: Get a Pin Number
BEFORE beginning the financial aid process, you should apply for a personal identification number (PIN) through the Department of Education. Visit www.pin.ed.gov to do this. r
This PIN is your electronic signature. TIP: Make sure your four-digit PIN number is something you won’t forget!
If you are a DEPENDENT make sure your parents get a PIN as well to sign your financial aid (FAFSA) application.
Step 2: Gather the information needed to complete the FAFSA
You will need:
* PIN number
* Driver’s license
* Social Security number (or Alien Registration Number if not a U.S. citizen)
* Copy of your federal tax information / tax returns INCLUDING W-2 information for yourself, your spouse (if married), and your parents (DEPENDENTS ONLY)
TIP: If you can’t find your tax return or W’2s you can call the IRS at 1-800-829-1040 and request them to be faxed to you or visit IRS.gov and access them immediately.
Step 4: Finish and submit your application!
Finally the hard, but often rewarding part! To apply for financial aid, FAFSA, you must visit www.fasfa.ed.gov
TIP: If you need help, there are helpful links on the website for all your questions, comments and concerns as well as a number to call the Federal Student Aid Information Center at 1-800-4-FED-AID.
You will be asked to enter your school code (that’s on the back-end for us. For example, MediaTech Institute Dallas code is 041298. Depending on your institution, you may want to give them a call. For MediaTech Institute, we ask you call us after submission.
We found a really great article from U.S. News defining a TON of financial aid terms we’ve skimmed over. You can view their article at http://www.usnews.com/education/blogs/the-scholarship-coach/2012/07/19/12-college-financial-aid-terms-defined
You can always give our Director of Financial Aid, Jennifer Osbourn a call if you’ve having difficulty with your application or general questions. Our campus is open from 9am – 6pm, Monday – Friday at 972.869.1122.