Who should apply for financial aid?
Every student who would like help with college costs. Do not assume you are not eligible for financial aid. Review the below and apply for financial aid today!
To be eligible for federal financial aid, you must meet the requirements for each of the below:
- Enroll as a degree-seeking student
- A U.S. citizen or an eligible noncitizen
- Maintain satisfactory academic progress
- Not be in default on a federal educational loan
- Not owe a refund on a federal educational grant or loan
- Register with Selective Service (if you are a male born on or after January 1, 1960, over 18 years of age and not currently in the armed forces)
- Have a high school diploma or equivalent
Determine Your Dependency Status
To see if you need to include your parents' information on your Financial Aid application, determine your dependency status for Financial Aid.
For financial aid purposes, the federal government must determine if you are required to include your parent’s information when you apply for financial aid. If you can answer ''no'' to the questions below, you will need to include your parent’s information on the Free Application for Federal Student Aid (FAFSA).
To review your dependency status for financial aid, visit the Department of Education’s ''Will I need my parents' information?''
Obtain a Federal Student Aid PIN (FSA PIN)
Your PIN can be used each year to electronically apply for federal student aid and to access your Federal Student Aid records online. Your PIN serves as your electronic signature and provides access to your personal records. You should never give your PIN to anyone, including commercial services that offer to help you complete your FAFSA. Keep your PIN in a safe place.
To apply for your FSA PIN, visit: http://www.pin.ed.gov/. If you do not already have a PIN or forgot your PIN, visit http://www.pin.ed.gov/ and follow the on-screen instructions to request a duplicate.
If you are a dependent student, both you and a parent will need a PIN to electronically sign your FAFSA.
Complete the Free Application for Federal Student Aid (FAFSA)
To complete your FAFSA online, visit: http://www.fafsa.ed.gov/. SNHU's school code is 002580.
After completing your FAFSA, print the FAFSA Confirmation Page for your records. If you have already completed a FAFSA for another school, click on "Make a Correction to a Processed FAFSA” and add SNHU’s school code - 002580.
You will need your previous year tax information to fill out the current years FAFSA. With the IRS Data Retrieval Tool the Department of Education makes it easier than ever to submit this information.
You and your parent(s) (or spouse) can access 2011 IRS tax return information to complete your 2012-2013 FAFSA using the IRS Data Retrieval Tool. If you are eligible, we highly recommend using the tool for several reasons:
- It's the easiest way to provide your tax data
- It's the best way of ensuring that your FAFSA has accurate tax information
- You won't need to provide a copy of your or your parents' tax returns
If you are unable to use the IRS Data Retrieval Tool, you will need 2011 tax information to complete your 2012-13 FAFSA. You may also need records of your parents' income (if you are a dependent student). Please use the following as a guide to gather your documents:
- Your 2011 federal income tax return (and your spouse's, if married)
- Parents' 2011 federal income tax return (if you are a dependent student)
- W-2 forms or other records of income earned
- Records of other untaxed income received, such as welfare benefits, Social Security, military or clergy allowances
- Current bank statements and records of stocks, bonds and other investments
- Business or farm records, if applicable
Review your Student Aid Report
Your Student Aid Report (SAR) is a paper or electronic document that gives you some basic information about your eligibility for federal student aid as well as listing your answers to the questions on your FAFSA. Submit requested documentation to complete your Financial Aid application. For more information visit FSA’s Student Aid Report Site
Submit additional documents, if needed, to complete your Application for Financial Aid
The Department of Education might require SNHU to ask from you verifying documents confirming your income, household, to complete your application for financial aid. This will request will be sent to the e-mail address you used at the time of applying (new student) or your SNHU e-mail address (returning student).This e-mail would detail what is needed, where to find this information, and how to submit these documents. Be sure to submit these documents quickly so we can create your Financial Aid award. Financial Aid Awards are not created until your Financial Aid application is complete.
At peak times, this process can take multiple weeks to process.