Financial Aid programs help pay the cost of education after high school. If you want to continue your education, but think you can’t afford it, you should apply for financial aid. The first step is to visit the financial aid office of each college to which you apply. Learn the college’s due dates for aid, and ask if the college has its own financial aid form. Elkhart High School West will host financial aid sessions throughout the school year. Complete the Free Application for Federal Student Aid (FAFSA) anytime after October 1 but no later than April 15.
Guide to completing the FAFSA:
Apply and receive admissions to the university you would like to attend.
You may apply for a FSA ID on the FAFSA website.
• Select your own FSA ID (and complete the security questions).
Complete the Free Application for Federal Student Aid (FAFSA). This application will determine the type(s) of federal aid for which you are eligible. To complete the FAFSA you will need the Title IV code for each school you list on the application. You can obtain each school’s Title IV code at http://www.fafsa.ed.gov/FOTWWebApp/FSLookupServlet.
Your financial need will be determined by the school. The financial aid office calculates you need by subtracting your Expected Family Contribution (EFC) from the Cost of Attendance (COA). Information from the FAFSA helps determine your EFC. Your EFC will be the same at any college you plan to attend. The COA, however, varies and will usually include the following: tuition and fees, room and board, books and supplies and personal and other miscellaneous expenses.
Once your FAFSA has been processed, your school will notify you of the type and the amount of financial aid that you may be eligible to receive.
You will receive a Student Aid Report and your school will receive an Institutional Student Information Report (ISIR).