NEW FINANCIAL AID UPDATE
Students are now able to submit a FAFSA as early as October 1, 2017 for the 2018-2019 academic year using the 2016 income tax information. Don't delay, complete the FAFSA October 1, ,2017!Greeting Rattlers!
The Office of Financial Aid is committed to assisting students in meeting the cost of a college education at Florida A&M University. One of the best resources available to help assist is the Free Application for Student Aid (FAFSA). We want our students to take advantage of all the grants, loans, and work-study opportunities available to them. We are located on first floor in the Foote-Hilyer Administration Center with a counseling staff that is ready and eager to assist navigating through the financial aid process.
Thank you for selecting Florida A&M University as your school of choice. We look forward to assisting you.
Check Your Aid Status
All students receiving financial aid are responsible for keeping track of their aid file and awards through iRattler, including providing information still needed to complete their financial aid file. Use your "iRattler
" and review your student center page to find out if your financial aid file is complete or if you have outstanding requirements that will prevent the disbursement of your financial aid.
Expect Financial Aid E-Mails
Check your FAMMail e-mail frequently for important financial aid correspondence. The Office of Financial Aid (OFA) uses email as the primary way to communicate with financial aid applicants and recipients.
OFA also generates e-mails directly from your aid file to alert you of the requirements you have yet to complete.
Types of financial aid e-mails include:
- Financial Aid Awards and Revised Awards
- Financial Aid Follow-Up Letters
- Direct Loans Correspondence (e.g. Entrance Counseling)
- Satisfactory Academic Progress Notifications
- Verification Notifications
- Requests for Additional Documentation
- Financial Aid Priority Dates and Deadlines
Please Note: Under Florida Law, email addresses are public records. If you do not want your email address released in response to a public records request, do not send electronic mail to the university. Instead, contact the specific office or individual by phone or in writing.
We encourage all students to apply for financial aid. Apply online by submitting the 2016-2017 Free Application for Federal Student (FAFSA).
Apply Now for Financial Aid
|FINANCIAL AID UPDATES|
|Changes to 2016-2017 and 2017-2018 Verification Requirements|
The IRS and FSA announced the Data Retrieval Tool on fafsa.ed.gov and studentloans.gov will be unavailable until further notice. While the Data Retrieval Tool is unavailable, a borrower may submit a paper copy of his or her tax return. Students and parents completing a 2016-2017 and 2017-2018 FAFSA should manually enter 2015 tax information (not 2016).
If you are required to submit documentation for verification (check your To-Do List) here are some useful tips to help you - The US Department of Education has announced that you may now submit a signed paper copy of the 2015 IRS tax return for verification documentation. This is effective for both the 2016-2017 and 2017-2018 verification requirements.
Students who have not filed taxes, you must provide a signed statement certifying that you have not filed and are not required to file a 2015 income tax return, as well as a document listing the amount and sources of any income from that year. You must also submit a copy of your w-2 for any source of employment from that year.
Summer Financial Aid
The Ofiice of Financial Aid is now accepting summer applications. In order to receive financial aid during the summer, students will need to submit a summer financial aid application after enrolling for at least half time. The deadline to submit a summer financial aid application is July 21, 2017. For more information click here
Half Time Status:
Undergraduates = 6 credit hours;
Graduates/Professionals = 3 credit hours;
Law = 4 credit hours.
What's Changing for 2017-2018?
Starting with the 2017-2018 Free Application for Federal Student Aid (FAFSA), these changes will be in effect:
Important Things to Know
- You'll be able to submit your FAFSA earlier. You can file your 17-18 FAFSA as early as October 1, 2016. The earlier submission date will be a permanent change, enabling you to complete and submit a FAFSA as early as October 1st of every year.
- You'll use earlier income and tax information. Beginning with the 2017-2018 FAFSA, students will be required to report income and tax information from an earlier tax year. For the 2017-2018 FAFSA, you and your parent(s) as appropriate will report your 2015 income and tax information, rather than your 2016 income and tax information.
- Since you have already completed your taxes by the time you fill out your FAFSA, you may be able to use the IRS DATA Retrieval Tool (IRS DRT) to automactically import your tax information into your FAFSA. More Info
Attendance holds must be cleared in order for awards to disburse; please check your "Holds" in iRattler.
All one-term loans will be disbursed in two installments.
All loans for first-time borrowers have 30-day delay from the start of the semester before loans will be disbursed.
All first time loan borrows must complete Loan Entrance Counseling and a Master Promissory Note (MPN) in order to recieve student loans.
Any student loan borrower who is graduating, withdraws, or drops below half-time status must complete Loan Exit Counseling.
Please visit: www.studentloans.gov to complete all counseling and the MPN