To receive any type of financial aid, you must first complete the Free Application for Federal Student Aid (FAFSA) online. (Ferris Title IV code 002260) Your financial aid will not be packaged until you are admitted into a degree granting program at Ferris.
Undergraduate Degree Programs
The first thing you need to do is to file your FAFSA online at www.fafsa.ed.gov. Make sure to use the correct federal school code for Ferris so that we get your information. (Code is 002260.)
Next, if you will also be taking classes from one of Ferris' consortium community college partners, you need to fill out the community college consortium form after you are registered in your classes at both institutions. You must fill out a new form for each semester that you are enrolled.
Please log into MyFSU, select the Student tab, the Financial Aid quick link button, and then the select Online Consortium Form link from the Consortium portlet (right side, third one down). Complete the form and submit electronically.
Eligibility for financial aid begins with acceptance into a degree granting program. Undeclared or non-degreed status does not allow you to be eligible to receive financial aid. To receive financial aid, undergraduate students need to carry at least six credits each semester.
Graduate Degree Programs
File your FAFSA online at www.fafsa.ed.gov; make sure to use the correct federal school code for Ferris so that we get your information (code is 002260). Students must be accepted into a program and have completed a FAFSA application. To receive financial aid, graduate students need to carry at least five graduate credits each semester.
Accessing Financial Aid Funds
Once we have all of your paperwork processed, we will apply your aid to any Ferris charges first, and then issue a direct deposit to you for the remainder of your aid. It is your responsibility to pay the community college course tuition.
You will need to pay for your books up front with a credit card or check because a refund, if any, will not be issued until after the 100% refund date. To set up your direct deposit bank information, log in to MyFSU, go to the Student tab, choose the MyAccount quick link, then the Direct Deposit quick link.