10 Steps to Financial Aid

#406students #406parents

  1. Apply to a university or college by the school deadline
  2. Search for scholarships. Keep track of the details and deadlines.
  3. Complete the FAFSA at fafsa.gov after Oct 1. Check the school’s priority filing date.
  4. Receive award notification from the school (may be paper or electronic).
  5. Respond to the award notification by accepting, rejecting or accepting a reduced amount of financial aid.
  6. Complete entrance counseling if accepting a loan.
  7. If accepting student loans, complete and sign a master promissory note.
  8. Follow the school’s procedures to confirm attendance so that financial aid can be applied to charges.
  9. Make payment arrangements for any outstanding balances due to the school.
  10. If receiving a credit refund, set up a budget for the school term.
Kathleen from Missoula