financial aid online brochure_2013_14_FINAL_web version - page 4

2. Complete the FAFSA at
. List Ferris State
University as one of the colleges you want to receive
your FAFSA information. Ferris’ school code is
3. Complete any requirements for admission to Ferris
State. You must be admitted in a degree-granting
program to receive an offer for financial aid.
4. Check MyFSU (Ferris State University’s student
information system) for any missing financial aid
requirements, such as missing FAFSA signatures.
Complete missing requirements as quickly as
possible. Contact the Office of Scholarships and
Financial Aid if you have any questions.
What are the citizenship requirements to receive
financial aid?
Generally, all U.S. citizens and resident aliens who have
been assigned a social security number are eligible to file
the FAFSA.
Do I have to include my parent(s) information on the
The federal government has very strict guidelines to
determine whether you are a dependent or independent
student. Supporting yourself or claiming yourself on
federal income tax returns is not enough to be considered
independent for financial aid purposes.
To file your financial aid application as an independent
student, you must meet one or more of the following
• You will be 24 or older on Jan. 1 of the aid year.
• You are a veteran of the U.S. Armed Forces.
• You are currently serving on active duty in the U.S.
Armed Forces for purposes other than training.
• You are in a graduate/professional or doctoral
• You are married prior to filing the FAFSA.
• You are an orphan, or at any time since you turned
age 13, were a ward of the court or in foster care.
• You have legal dependents other than a spouse.
• You are an emancipated minor as determined by
a court in your state of legal residence.
• You are under legal guardianship as determined by
a court in your state of legal residence.
• You were an unaccompanied youth who was homeless
as determined by a high school guidance counselor,
the director of an emergency shelter, or the director
of a runaway or homeless youth basic center.
If you do not meet at least one of the criteria listed
above, then you are considered dependent for purposes
of financial aid and must include your custodial parent’s
information on your FAFSA.
If your parents are divorced and your custodial parent
has remarried, you must also include your step-parent’s
information on your FAFSA, even if your custodial parent
and step-parent file separate tax returns.
If you do not meet any of the criteria listed above and
you are unable to obtain your parent’s personal tax
information due to a serious dysfunction in the family,
you may be a candidate for a Dependency Override.
If you are unsure if your situation meets the criteria for
a Dependency Override, please contact the Office of
Scholarships and Financial Aid.
What if my parents make too much money for me to
get any aid?
Unless you are in default on a previous student loan or have
already received your annual or lifetime loan limits, every
qualified applicant is eligible for a minimum of $5,500 in
low-interest federal loans, regardless of family income.
What if there has been a change in my family income
that is not reflected on the FAFSA?
The FAFSA is based on prior year tax returns. If there
has been a significant change in your family income
that is not reflected on your tax returns, you may want
to file a Special Consideration Request with Ferris’ Office
of Scholarships and Financial Aid. A Special Consideration
Request allows the office to separately review your
financial aid situation and make changes to your FAFSA
if warranted. Examples of changes that may warrant a
Special Consideration Request are student or parent
divorce or separation, death or disability of a dependent
student’s parent or independent student’s spouse, and
job-loss or significant pay reduction. Special Consideration
Request forms are available in the Forms section of the
Ferris Financial Aid website.
What is the verification process?
The Central Processing System that initially processes the
FAFSA selects student files for a routine audit process
called “verification.” Upon initially receiving your FAFSA,
the Office of Scholarships and Financial Aid will send you
a letter advising you of the documents that are required to
complete the verification process. These typically include
1,2,3 5,6,7,8,9,10
Powered by FlippingBook