Yes, the only way to be sure if you qualify for financial aid is to file a FAFSA. Everyone is eligible for some kind of financial aid, even if it's only student loans. Many families make the mistake of not applying for aid and losing out on financial aid that is available.
Also, there are a few sources of aid such as unsubsidized Stafford and PLUS loans that are available regardless of need. The FAFSA form is free. There is no good excuse for not applying.
The priority deadline is March 10th each year to be eligible for any Indiana state aid. You must have your FAFSA filed by midnight on March 10th. If you file your FAFSA after the deadline, you will still be eligible for federal aid, but not Indiana state aid.
Additionally, if you have any corrections that you must make to your FAFSA, you must do so by May 15th each year to keep your eligibility for Indiana state aid.
The IRS Data Retrieval tool links your IRS tax return information (and/or your parents' tax return informaiton) with your FAFSA, making it faster, easier, and more accurate.
To use the IRS Data Retrieval Tool:
If the information you entered on your FAFSA was incorrect as of the day you signed the FAFSA, you can use Corrections on the Web (FAFSA site) to correct your answers.
You cannot change:
Yes. In order to receive financial aid, you must file a new FAFSA each year. Depending on how your financial circumstances change, you may receive more or less aid.
After your first year you will receive notification of a "Renewal Application" from the Department of Education which contains preprinted information from the previous year's FAFSA.
Note that your eligibility for financial aid may change significantly, especially if you have a different number of family members in college.
If you haven't received a Student Aid Report (SAR), you can check the status of a submitted FAFSA by calling the Federal Student Aid Information Center at 1-800-433-3243 (toll free).
If you have already been admitted to IPFW, you can check if IPFW has received your FAFSA or if you have any outstanding requirements by logging on to myIPFW and clicking on the Enrollment tab. The Financial Aid Requirements box will indicate if your FAFSA was received and if you have documentation that you must submit to the Financial Aid Office.
You will need to add IPFW's school code (001828) to your FAFSA. Or you can call the Federal Student Aid Information Center at 1-800-433-3243 to add our school code.
You must also contact the financial aid office at your current school to cancel the aid you are receiving at that institution.
Graduate students are eligible to receive federal student loans. They are not eligible to receive any federal or state grants.
The guidelines to determine your dependency status are listed in step 2 (step 3 if paper) on the FAFSA.
Most students under the age of 24 who are not married, do not have children, have not served active duty in the military for reasons other than training, or who are not orphans or wards of the court will be considered a dependent student under federal guidelines. Living on your own and paying your own bills is not criteria to be considered independent.
You would report information about the parent you lived with for the greater amount of time during the 12 months preceding the date you file your FAFSA application.
If you didn't live with either parent, or if you lived with each parent an equal amount of time, then use information about the parent who provided the greater amount of financial support during the 12 months prior to the date you file your FAFSA application.
If you didn't receive any parental financial support during that time, you must report information about the parent who most recently provided the greater amount of parental support.
Your stepparent's financial information is required on the FAFSA if:
This does not mean your stepparent is obligated to give financial assistance to you, but his or her income and assets represent significant information about the family's financial resources. Including this information on the FAFSA helps the Federal Processor form an accurate picture of your family's total financial strength.
Please call the Financial Aid Office (260-481-6820) or visit the Financial Aid Office in Kettler Hall room 102 for information on your options.
Students who will receive CVO next year must be aware of recent changes made by the state of Indiana. Visit the state of Indiana's website to read more!