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Students

Enrollment Management

Financial Aid Process

  • Student and one parent, if a dependent aid applicant,  to sign the . The Federal Student Aid (FSA) ID is also used to sign loan documents and complete other federal aid processes electronically. The student and parent must apply for separate FSA IDs for their own personal use. The FSA ID serves as a legal signature and thus should not be shared with anyone, including family.
     
  • Student and parent(s) (if applicable) completes the FAFSA.
    1. It is important to file as soon as possible as some sources of financial aid have limited funds. 
    2. The federal school code for 91AV is 003639.
    3. It is recommended that students and parents use the  to import tax information directly into the FAFSA, if eligible.
       
  • Student receives a FAFSA Submission Summary (FSS), 7-10 days after the FAFSA is submitted.
    1. The U.S. Department of Education (DOE) sends the FSS to the email address provided on the FAFSA. If one is not provided or the email is not valid, a paper copy is sent.
    2. The FSS is a summary of the information provided on the FAFSA. Student reviews information for accuracy and verifies that 91AV is listed correctly.
    3. If the FSS has errors, you can correct your FSS using your FSA ID on the website
       
  • Verification may be required, submit documents and forms when requested. The U.S. Department of Education selects students who complete the FAFSA for Verification. Verification is a process where the school confirms the data reported on the FAFSA is accurate. Students will be informed by the U.S. Department of Education on the FSS if they are selected and will receive notices from 91AV of the required Verification documents that must be submitted to the Office of Student Financial Aid.
     
  • Financial Aid Offer Letter Created. After an electronic version of the FSS is received by the 91AV Office of Student Financial Aid (and verification has been completed, if applicable), the student's financial need is calculated. A student's estimated Cost of Attendance (COA) less the Student Aid Index (SAI) equals financial need. Several types of financial aid are based on financial need.
    1. The Financial Aid Offer Letter notice is then emailed to the student at the student's 91AV email account. The offer will include aid programs for which the student is eligible taking into consideration the calculated need. 
    2. The student should follow the instructions provided in the Award Offer email and utilize all of the supporting documents referenced in it.
       
  • Offer Review.  The student will need to log in to   to access and review the financial aid offer and to indicate the intended action (Accept / Reduce Offer Amount / Decline).
     
  • If accepting a Direct Student (Subsidized and/or Unsubsidized) Loan, the student must complete  and  online. Loan Entrance Counseling and the MPN need to be completed prior to disbursement of Direct Loan funds, otherwise release of the funds will be delayed. It is recommended that these loan application requirements be satisfied 2-3 weeks prior to the start of the semester of first enrollment.
     
  • Students must reapply for financial aid each year.