FAFSA - Saybrook University
FAFSA - Saybrook University
FAFSA - Saybrook University
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Completing the 2010-2011 Free Application for Federal Student Aid<br />
(<strong>FAFSA</strong>)<br />
Tips for <strong>Saybrook</strong> <strong>University</strong> Students/Spring 2011<br />
The <strong>FAFSA</strong> is the Free Application for Federal Student Aid. The federal government<br />
uses this form to determine a student’s eligibility for financial aid, which can include grants, scholarships, work-study<br />
and loans. The <strong>FAFSA</strong> is used to determine how much of this aid you’re eligible for. So is imperative that you<br />
understand why it is so important for you to complete the <strong>FAFSA</strong>. If you are applying for the Spring 2011 Academic<br />
Year please do the following:<br />
Filing out the <strong>FAFSA</strong><br />
<strong>FAFSA</strong> on the Web http://www.fafsa.ed.gov/ is the quickest option. It is processed faster than a paper <strong>FAFSA</strong>; the<br />
web sites uses edit logic to improve the accuracy of your data submission; and it allows for quicker and easier<br />
corrections. If you choose <strong>FAFSA</strong> on the Web, please pay close attention to the signature requirement. The US<br />
Department of Education issues a “<strong>FAFSA</strong> on the Web worksheet” annually to help students prepare their data.<br />
When should I file the <strong>FAFSA</strong> for spring 2011?<br />
The <strong>FAFSA</strong> deadline date for spring 2011is October 8, 2010. Try to submit the <strong>FAFSA</strong> as early as possible to maximize<br />
your chance of receiving aid on time. Do not mail tax forms or Worksheets with your <strong>FAFSA</strong>. If you are supposed to<br />
file a 2009 federal income tax return, we recommend that you complete it before filing out the <strong>FAFSA</strong> Form. If you<br />
have not yet completed your 2009 tax return, you can still submit your <strong>FAFSA</strong> using best estimates. However, after<br />
you submit your tax return, correct any income or tax information that is different from what you initially submitted<br />
on your <strong>FAFSA</strong>. In addition to completing the 2010-2011 <strong>FAFSA</strong>.<br />
What is a PIN?<br />
You are encouraged to apply for a Federal Student Aid PIN to sign your online application.<br />
Your PIN will serve as an identifier and as your electronic signature. It works much like the personal identification<br />
number you get from your bank. You can apply for a PIN from within <strong>FAFSA</strong> on the Web or at the Federal Student<br />
Aid PIN Web site at www.pin.ed.gov.<br />
What are the <strong>FAFSA</strong> signature requirements?<br />
The preferable method is for you to obtain a Personal Identification Number (PIN) in advance and use your PIN to<br />
sign your <strong>FAFSA</strong> electronically. You should apply for your PIN at http://www.pin.ed.gov before completing your<br />
<strong>FAFSA</strong>. It remains valid for filing your <strong>FAFSA</strong> in subsequent years, so keep them safe and confidential. Without the<br />
appropriate signature (or PIN) a <strong>FAFSA</strong> is not valid. It is your responsibility to provide a valid <strong>FAFSA</strong> to <strong>Saybrook</strong><br />
<strong>University</strong>. The School Code is G21206 for <strong>Saybrook</strong> <strong>University</strong>.<br />
Prior Year <strong>FAFSA</strong> Filers<br />
If you filed a <strong>FAFSA</strong> application last year (2009-2010) when you start to complete your 2010-2011 <strong>FAFSA</strong> application<br />
you will be asked if you want the information from that application to pre-fill the new application. If you filed a<br />
2009-2010 <strong>FAFSA</strong> this process will allow you to complete the 2010-2011 <strong>FAFSA</strong> in less time.<br />
Student Aid Report (SAR)<br />
Once you complete the <strong>FAFSA</strong>, you will receive a SAR, showing your Expected Family Contribution (EFC). Please<br />
read the SAR carefully for messages regarding your application status and database matches. The SAR will provide<br />
your Expected Family Contribution (EFC). The federal processor will also electronically transmit the analysis of the<br />
data to each college you specified on the <strong>FAFSA</strong>.<br />
Dependency and Parent Information<br />
Student’s sometime answer questions about student degrees and grade levels incorrectly (items Q28 and Q29). As<br />
a graduate/professional student you are independent. Complete only the student areas of this form (Student Areas<br />
Only). No parental data is required unless you are applying for state-funded programs that require parental<br />
information. Question 28 (Grade Level) Enter “6” if you are a first time graduate or professional student or “7” if you<br />
are a second year Graduate/professional or beyond.
Student Responsibility<br />
It is your responsibility to ensure that you have submitted all forms necessary to complete your financial aid<br />
application. <strong>Saybrook</strong> <strong>University</strong> Financial Aid Office will notify you of any forms needed to complete your<br />
application. Be sure to submit all requested information as soon as possible. If you are unsure if all required forms<br />
are on file, contact the <strong>Saybrook</strong> <strong>University</strong> Financial Aid Office via email at finaid@saybrook.edu.<br />
Helpful Tips<br />
1. Gather all forms needed to complete the <strong>FAFSA</strong><br />
Your social security card, your driver’s license, and your Current bank statements.<br />
Your current mortgage and investment information, business and farm records, stock, bond and other<br />
investment records (if any)<br />
Your Alien Registration or permanent resident card (if you are not a U.S. Citizen)<br />
2009 You and Your Spouse (if married) student federal tax return<br />
2009 untaxed income records (if any) and your 2009 W2 forms and other record of money earned.<br />
Such as Welfare Benefits, Social Security Benefits, VA Benefits, disability, military or clergy allowance.<br />
READ the instructions printed with the <strong>FAFSA</strong>. Many applications are delayed due to illegible data.<br />
Be very careful when reporting your social security number and name. An error in either of these can<br />
cause significant delays. Make sure you report your name on the <strong>FAFSA</strong> as it appears in your social<br />
security card. If the name on your social security card needs to be updated, do that before you<br />
complete the <strong>FAFSA</strong>. If you do report the wrong social security number on the <strong>FAFSA</strong>, it is best to<br />
complete a new <strong>FAFSA</strong> using the correct number rather than correcting the number on your Student<br />
Aid Report (SAR).<br />
When there is no monetary value to report for an item, use -0- (zero). Do not leave the item blank.<br />
Blank responses can delay the application because the processor sometimes assumes you overlooked<br />
the item.<br />
For dates, enter numbers that correspond to the month, day, and year. For example, for January 1,<br />
1986 enter 01011986.<br />
2010/2011 <strong>FAFSA</strong> questions that refer to the "school year" mean the school year from July 1, 2010<br />
through June 30, 2011.<br />
Please contact to the financial aid administrator if you have unusual circumstances.<br />
Round to the nearest dollar and do not use commas or decimal points.<br />
So what happens after I complete the <strong>FAFSA</strong> form and the central processor has electronically emailed <strong>Saybrook</strong><br />
<strong>University</strong> Financial Aid Office my <strong>FAFSA</strong> results?<br />
The Financial Aid Office calculates the estimated cost of attendance including tuition, fees, books and supplies,<br />
room and board, personal expenses, transportation and miscellaneous expenses. To determine your financial<br />
need, your EFC is subtracted from the cost of attendance.<br />
The Financial Aid Office will email you your financial aid award letter outlining the financial aid included in your<br />
package. The packet will include information about each award offered and instructions on how to apply for the<br />
financial aid that has been awarded to you. Please note that loans and FWS require supplemental applications.<br />
So please follow instructions.<br />
What office disburses Financial Aid refund checks?<br />
The Business Office is responsible for disbursing your financial aid: Direct Loans Stafford Loans, Grad PLUS Loan,<br />
which are applied electronically to your student account. Your financial aid is applied directly to the payment of<br />
institutional charges (tuition and fees). The Business Office will refund any credit balance on your account to you<br />
and any remaining balance is made available in the form of a school check on Federal Work-Study funds are<br />
disbursed as earned by paycheck. Other aid is disbursed as directed by the funding agency.<br />
Please be aware the financial aid refund checks will be released to students after schools begins and not before.<br />
For specific information please contact the Business Office at (415) 394-5035 or email at tuition@saybrook.edu.<br />
Financial Aid Contact Information<br />
Email questions to the financial aid email address at Finaid@saybrook.edu.<br />
Financial office Staff<br />
Shandel Rosen Roberts/Director of Financial Aid<br />
Carol Garcia/Associate Director of Financial Aid