Why Is FAFSA Important?
Who Should Fill Out a FAFSA?
Is the FAFSA Hard to Fill Out?
Am I Eligible to Receive Federal Student Aid?
- Applicants need to demonstrate financial need. Financial need is calculated by evaluating a student’s cost of attendance (COA) for the school they’ve applied to, minus their expected family contribution (EFC). According to the website of the Office of Federal Student Aid, an Education Department agency, “This number is calculated with the EFC formulas, which use the information that students provide on the Free Application for Federal Student Aid (FAFSA).”
- Applicants need to be a U.S. citizen, U.S. national, or permanent resident (green card holder). Certain non-U.S. citizens may qualify for federal financial aid if they have a T visa, battered immigrant status, or an Arrival-Departure Record (I-94) from the U.S. Citizenship and Immigration Services that indicates that they’re an “eligible noncitizen.”
- Applicants need to have a valid Social Security number (applicants from the Federated States of Micronesia, Republic of Palau, and the Republic of the Marshall Islands are exempt from this requirement).
- Applicants need to have a high school diploma or a General Educational Development (GED) certificate. Students who’ve completed their high school education in a homeschool environment are also eligible to apply.
- Applicants need to be enrolled in or accepted to attend college as a regular student in an eligible certificate or degree program.
- Males aged 18-25 need to be registered with the Selective Service System (SSS).
- Applicants need to sign certifying statements that they’ll only use their student aid for educational purposes. They also need to certify that they’re not in default on a prior federal loan and don’t owe the government a refund on prior federal grant disbursements.
- Students need to maintain at least half-time enrollment to be eligible to receive direct loan funds, including direct subsidized loans, direct unsubsidized loans, and direct PLUS loans.
- Students who receive federal financial aid need to maintain their school’s standards for satisfactory academic progress.
Undocumented Students and the FAFSA
- Can DACA (Deferred Action for Childhood Arrivals) recipients receive federal student aid? DACA recipients aren’t eligible to receive federal student aid; however, they should fill out the FAFSA because they may still be eligible to receive private scholarships, state aid, or financial aid from the college they plan to attend.
- When is an I-94 holder considered to be an “eligible noncitizen”? Eligible I-94 holders include the following:
- Applicants with refugee status.
- Applicants who’ve been granted asylum.
- Applicants classified as Cuban/Haitian entrants.
- Applicants who’ve been classified as conditional entrants. This is valid only if the I-94 was issued before April 1, 1980.
- Certain applicants who’ve been classified as parolees. According to the website of the Office of Federal Student Aid, applicants “must be paroled for at least one year, and you must be able to provide evidence from the USCIS that you are in the United States for other than a temporary purpose with the intention of becoming a U.S. citizen or permanent resident.”
- I’m a noncitizen but I don’t qualify as an “eligible noncitizen.” Can I still get financial aid? Consult the institution you plan to attend to see if it offers aid packages for students like you. Scholarship opportunities may also be available. Finally, check with your country’s local consulate or embassy about any aid programs that you can apply for.
- Is my parents’ immigration or citizenship status impact considered in federal student aid calculations? Additionally, the FAFSA doesn’t ask you to provide information about your parents’ citizenship or immigration status.
How to Fill Out the FAFSA Online
- Social Security number
- Alien registration number (if applicable)
- Federal tax information (or a copy of your most recent tax return)
- Records of untaxed income, such as disability benefits, workers’ compensation, and child support payments
- Checking and savings account balances
- Information about your personal investment accounts, such as an IRA or a 401(k)
Maryville FAFSA Tips and FAQs
- The FAFSA application asks for an institutional code. What is Maryville’s? When filling out the FAFSA online, Maryville’s institutional code is 002482.
- How can I access my student aid decision? Information about your financial aid package should be made available to students in the Financial Aid section of their student portal. You will receive an email when the award is ready to be reviewed, accepted, rejected, or adjusted. The following steps must be followed to complete the award acceptance process on StudentAid.gov:
- If you are an undergraduate student and a first time federal loan borrower, you will need to complete the Master Promissory Note and entrance loan counseling.
- If you are a graduate student and a first time federal loan borrower you will need to complete the Master Promissory Note and entrance loan counseling.
- You must also complete Plus Loan entrance counseling if you are applying for a graduate Plus Loan.
- If you are a first time Maryville University student and have borrowed federal loans while attending other universities or colleges, you will need to complete the Master Promissory Note for Maryville University.
- How many Maryville students receive financial aid? In the past year, a total of 93% of full-time Maryville students have received some form of aid.
- Should students fill out a FAFSA before or after they apply? Students should fill out the application when applying to Maryville.
- How far in advance of enrollment should students fill out the FAFSA? Students should fill out the FAFSA as soon as possible, as processing times vary throughout the year.
- I still have questions. What should I do? Every situation is unique, and you’re always welcome to speak privately with your enrollment advisors: 1.888.266.0574 who will help direct you to the right resources.