FAFSA Opens October 1, 2018
The FAFSA (Free Application for Federal Student Aid) is a tool that is used for determining a student’s eligibility for need-based financial aid – including federal and state aid, work-study, and institutional need-based aid. We encourage ALL students and families to file the FAFSA, regardless of the student’s post-secondary plan and the family's financial situation. Complete and submitting the FAFSA is free and easier than ever, and it gives you access to the largest source of financial aid to pay for college or career school.
Students and families will file the FAFSA during the student’s senior year of high school, and they will need to file every year that the student is enrolled in post-secondary education. The FAFSA opens October 1st and the deadline to file is April 15th. To file the FAFSA, go to www.fafsa.gov.
NOTE: PHS will hold two FAFSA filing workshops on Thursday, October 4, 2018 and Thursday, January 31, 2018. Both programs will run from 10:00 am – 1:00 pm and 3:00 pm – 7:00 pm. Financial aid experts from INvestEd will be available to meet with students and parents and help them file their FAFSA during this program.
Below are brochures that provide more information about the FAFSA and what families will need to file:
INvestEd - Financial Aid Information: PHS partners with INvestEd to provide financial aid information & resources for families
Steps in the financial aid process
- File the FAFSA at www.fafsa.gov. The federal processor must receive your FAFSA on or before April 15 each year for students to receive priority consideration for all financial aid programs (many colleges and universities have earlier deadlines to be considered for the most amount of aid, so please check the schools you're applying to).
- Review Your Student Aid Report (SAR). You'll receive a link to your electronic SAR via the email provided on the FAFSA. Carefully review your SAR for accuracy and make any necessary corrections.
- Respond immediately to any requests for additional information to verify your eligibility for aid. Requests may come from a college's Financial Aid Office or from the Indiana Commission for Higher Education (CHE). These requests may come through the college's portal (website), emails, or letters. It's important to check the portal and your email on a regular basis and respond to these requests in a TIMELY manner - you do not want to miss out on any financial aid assistance.
- Review Financial Aid Awards. You will receive an award notification from the universities you've applied to - these awards can be reviewed online or a copy will be mailed. Carefully review these packages and any special messages that may be associated with the award(s).
- Accept Your Financial Aid. Once you make your college decision, you will need to accept your financial aid by their deadline. Keep track of all financial aid deadlines!
- Notify your college of any outside scholarships you receive. Be sure the college is aware and receives the proper paperwork so that scholarship money can be applied towards your bill.
- Establish a Payment Plan. Contact the office that deals with student accounts so you know when payments are due and how you are going to pay the remaining balance.