Financial Aid and Scholarships
The Financial Aid Office is available to assist qualified students in paying for the cost of their education. The types and amounts of aid awarded are determined by financial need, availability of funds, student classification, and academic performance.
Financial Aid is available through grants, scholarships and loans through federal, state, institutional, and private funds. Grants and scholarships are financial aid that students do not have to repay. Loans are borrowed money that must be repaid with interest.
Financial Aid is designed to supplement the financial resources of the student and/or the student’s parents.
Before You Apply- the FAFSA4caster.ed.gov
The FAFSA4caster can help students prepare financially for college before applying for financial aid. The FAFSA4caster provides an instant estimate of eligibility for federal financial aid funds, along with the type of award(s) the student is eligible for and an estimated amount for each.
FAFSA Application Procedure
The Aultman College school code is 006487.
You must file the Free Application for Federal Student Aid (FAFSA) each academic year in order to be eligible for all federal, state and institutional aid.
Incoming freshmen and transfer students must complete the college’s admissions process. This process includes the submission of an official copy of your final high school transcript or a copy of your GED scores to the Registrar’s Office.
· Apply for a Department of Education personal identification number (PIN) at www.pin.ed.gov.
· After January 1 and completing your federal tax return, complete and submit the Free Application for Federal Student Aid (FAFSA) or renewal FAFSA online at www.fafsa.ed.gov
FAFSA processing can take up to 4 weeks. The results will automatically be forwarded to Aultman
College of Nursing and Health Sciences by the federal government as long as our school code is listed.
The Department of Education will forward a copy of the Student Aid Report (SAR) to the student
once the FAFSA is completed. Please review the SAR to confirm the accuracy of the information
and make any corrections, if applicable.
Upon receipt of the award letter, students must accept or reject the award and return the signed
letter with 14 days to the Financial Aid Office and complete the loan application process, if applicable.
· March 1 of the award year if attending summer semester.
· April 1 of the award year.
· Promptly upon request
· 14 days from receipt
Online Loan Request
· May 1 of the award year if attending summer semester
· August 1 of the award year if attending fall semester
Other required documentation
· Promptly upon request
Additional Deadline Dates
Ohio National Guard Scholarship
· April 1 of the award year if attending summer semester
· July 1 of award year if attending fall semester
· November 1 of the award year if attending spring semester
Ohio War Orphans Scholarship
· July 1 of award year
Nurse Education Assistance Loan Program
· July 15 of award year
Ohio State Grants and Scholarships
· October 1 of award year
Pennsylvania’s State Grant Program
· May 1 of award year
· Confirm dates on applications or with the appropriate agency
Applicants who apply after the priority dates may still receive financial aid, if eligible. However, some funds may be limited. Students should seek other means to meet payments deadlines until late applications can be processed and funds can be released.
After filing your FAFSA, you may be notified that you have been chosen for a process called verification. Verification is a process
governed by federal regulations and is used to insure that the information
reported by applicants on the FAFSA is accurate.
If you are selected for verification, you will be required to submit a copy of your/your spouse’s
most recent Tax Return Transcript, W-2’s and a Verification Worksheet. If you are a dependent
student, as determined by the FAFSA, you will also be required to submit your parents’
Tax Return Transcript in addition to your own. Among items verified are income, household size,
number of family members in college and independent student status. Your signature on the
FAFSA indicates willingness to provide proof of the information, if requested.
Verification must be completed before any federal funds can be applied to students’ accounts.
Please respond to all requests for information promptly.
How to Obtain a Free Tax Return Transcript from the IRS
If your FAFSA is selected for verification, and you did not use the IRS Data Retrieval option or you changed the IRS data, you will be required to request a tax return transcript from IRS and submit it to the Office of Financial Aid. Personal copies of tax returns can no longer be accepted. The Office of Financial Aid appreciates your patience as we implement this new requirement for the U.S. Department of Education.
Please make sure you request a Tax Return Transcript. DO NOT request a Tax Account Transcript or Record of Account because they cannot be used for financial aid verification purposes.
· There are three ways to request your Tax Return Transcript: by phone, online or mail.
o To order by phone:
§ Call the IRS at 1-800-829-1040, the select the following prompts:
Option 2 (Personal Income Taxes)
Option 1 (Tax History)
Enter and verify Social Security Number (if joint return both SSN’s required)
Enter and verify number of street address
Press 2 for Tax Return Transcript and indicate which year (i.e. 2011)
o To Order Online:
§ Go to www.irs.gov, then select the following:
Click Order a Tax Return or Account Transcript located in the left-hand column
Click Order a Transcript under Step 3
Enter your SSN, Date of Birth, Street Address, and Zip Code
Select Transcript for Tax Year (i.e. 2011)
o To Order by Mail:
§ Complete form 4506-T (Request for a Transcript of Tax Return)
Form 4506-T is available online at http://www.irs.gov/pub/irs-pdf/4506t.pdf
Mail to the address indicated on the form.
Your transcript(s) will be mailed within 5 to 10 days from the IRS.