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.
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 the 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.
Priority Dates
FAFSA
· March 1 of the award year if attending summer semester.
· April 1 of the award year.
Verification
· Promptly upon request
Award Letter
· 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
All Others
· Confirm dates on applications or with the appropriate agency
Late Applications
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.
Verification
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, 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 parent’s tax returns 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.
