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How To Apply For Financial Aid

Student Financial Assistance Quick Reference

The primary role of this office is to provide financial assistance to students and families, facilitating their full participation in the total educational experience. We encourage all students to apply for financial Aid by completing the application procedures listed below by the priority deadline. More detailed information is available in the Florida Memorial University Financial Aid consumer bulletin.

1. FAFSA2013-2014 Free Application for Student Financial Aid

  • Sign FAFSA using your Federal Pin.
  • Dependent studentsparent must sign FAFSA using parent Federal pin.
  • Include Florida Memorial University school code: 001486.
  • Please use the IRS Data Retrieval Tool inFAFSA on the Web to transfer you and/or your parent(s) 2012 income tax information.

 

2.   2013-2014 Florida Memorial University Financial Aid Application

  • Complete all pages that are applicable to you.
  • Application Priority Deadline – March 15, 2013

 

3.   FRAG – Florida Residents ONLY should complete the Florida Resident Access Grant Application to be considered for the State of Florida Financial Aid programs:

  • The parent/guardian of the Dependent student or the Independent student must provide yearly two (2) documents supporting the establishment of legal residency. Documents must be dated, issued, or filed at least 12 months prior to the first day of the student’s first semester here at Florida Memorial University.
  • A list of required documents for proof of Florida residency can be found on the FRAG Application.

 

4.  Statement of Educational Purposes & Identity Certification 2013-2014

  • Must provide government issued Photo ID and sign form in presence of a Financial Aid Officer or a Notary Public.

 

5.  To Apply for Student Loans:

  • Student must fill out a Student Loan Request form and submit to the Office of Financial Aid.
  • Also, you must complete student loan Entrance Counseling and Master Promissory Note (MPN) electronically using your Federal Pin.
  • To complete your Entrance Counseling and MPN log onto www.studentloans.gov. Click on the Sign In box. You will be required to enter your SSN Number, first two characters of your last name, your Date of Birth and PIN.
  • Once you have logged in, select Complete Entrance Counseling. You will need about 30 minutes to complete the counseling session.
  • After completing your Entrance Counseling go to home tab and select Complete Master Promissory Note (MPN). Be sure to select the MPN you need for the type of loan you accepted.

 

6.    Additional Information:

  • If YOU FILED or WILL FILE a tax return for 2012, submit your and/or, your spouse and/or your parents 2012 IRS Tax Return Transcripts.  Order IRS Tax Transcripts at www.IRS.gov or 1-800-908-9946.
  • If you and/or your parent DID NOT FILE or WILL NOT FILE a 2012 tax return, please complete the Untaxed Income Statement.
  • If you worked, please submit w-2s for each of your employers.

DEPENDENT STUDENT – Required Forms

  • Student’s 2012 IRS Tax Return Transcript
  • Student’s Untaxed Income Statement
  • Parents’  2012 IRS Tax Return Transcript
  • Parents Untaxed Income Statement
  • Copy of Parents’ Driver’s License, Voter Registration and
  • Vehicle Registration -  ( FL Residents only)

INDEPENDENT STUDENT – Required Forms

  •  Student’s, or (Student’s & Spouse’s) 2012 IRS Tax Return Transcript
  • Student’s or (Student’s & Spouse’s) Untaxed Income Statement
  • Copy of Student’s Driver’s License, Voter Registration and
  • Vehicle Registration – (FL Residents only)

How to Order an IRS Tax Return Transcript

The best way to verify income on your FAFSA is by using the IRS Data Retrieval Tool that is part of FAFSA on the Web. If you have not already used the tool, go to www.fafsa.ed.gov, log in to your FAFSA record, select “Make FAFSA Corrections,” and navigate to the Financial Information section of the form.

From there, follow the instructions to determine if you are eligible to use the IRS Data Retrieval Tool to transfer 2012 IRS income tax information into your FAFSA.

The IRS Data Retrieval Tool in FAFSA on the Web can be used to transfer the student’s parents’ (and, if married filing jointly, your spouse’s) 2012 IRS income information into your FAFSA, either on the initial FAFSA or when making a correction to the FAFSA. 

It takes up to two weeks for IRS income information to be available for the IRS Data Retrieval Tool for electronic IRS tax return filers, and up to eight weeks for paper IRS tax return filers.

Please use the IRS Data Retrieval Tool in FAFSA on the Web, submit to the financial aid office your 2012 IRS tax return transcript(s) only when requested—not photocopies of the U. S. Individual Income Tax Return.

  1. ONLINE:  To obtain an IRS tax return transcript, go to www.IRS.gov and click on the “Order a Return or Account Transcript” link.  Make sure to request the “IRS tax return transcript” and not the “IRS tax account transcript.” You will need your Social Security Number, date of birth, and the address on file with the IRS (normally this will be the address used when your 2012 IRS tax return was filed). It takes up to two weeks for IRS income information to be available for electronic IRS tax return filers, and up to eight weeks for paper IRS tax return filers. If you are married and you and your spouse filed separate 2012 tax returns, you must submit tax return transcripts for both you and your spouse.
  2. BY PHONECall the IRS toll-free number at 1-800-908-9946
  3. BY MAIL: You may also request tax transcripts by mail using IRS Form 4506T-EZ (Request for Transcript of Tax Return) which can be found by going to the www.IRS.gov clicking on Forms and Publications and request form 4506T-EZ – Short Form Request for Individual Tax Return Transcript, print the form, complete it and send it back to the address listed on the form.

Application Procedures

Note: The following procedures may take 4 to 6 weeks to complete. Please apply well in advance of stated deadlines.

Students need to APPLY for financial aid EACH YEAR by completing their FAFSA application.