Gadsden State Community College
Financial Aid Application Process
To determine whether a student is eligible to receive financial aid, he/she must complete the Free Application for Federal Student Aid (FAFSA). Information provided on the FAFSA determines the specific types of aid that may be received. The FAFSA must be completed annually and is available online at www.fafsa.gov. Remember to list Gadsden State's School Code on your FAFSA (001017). Please refer back to our Overview page for several links to FAFSA 'How To' instructions and web tutorials.
Usually, within one week of filing a FAFSA online, a Student Aid Report (SAR) will be sent to the e-mail address provided on the FAFSA (approximately four weeks for postal mail if no email address is listed). Once your SAR is received, review completely for accuracy of information. If corrections are needed, log back into your FAFSA and resubmit with the corrected information. Three to five days after filing your FAFSA, or submitting corrections to your FAFSA, begin checking your Self Service Banner account daily for a Financial Aid Tab. The Self Service Banner Financial Aid Tab will give you access to view your satisfied and unsatisfied financial aid requirements. CLICK HERE for How To instructions.
ATTENTION FEDERAL FINANCIAL AID STUDENTS
Beginning May 10th, the Department of Education is replacing the PIN (Personalized Identification Number) with the FSA ID. The FSA ID will replace the PIN for parents and students to electronically sign the FAFSA.
The FSA ID will include a username and password. The FSA ID…
·Requires users to enter less information (two fields instead of four)
·Provides more secure access to user’s information
·Links to PIN information during registration of the FSA ID
·Allows users to update personal information such as last name changes without applying for new identification, given the new FSA ID is a lifetime ID
So, how do you get this FSA ID? Beginning May 10th, you will be able to create an FSA ID when visiting certain U.S. Department of Education websites. The FSA ID process consists of three main steps:
1. Enter your log-in information: Provide your e-mail, a unique username, and password and verify you are at least 13 years old.
2. Enter your personal information: Social Security number, name and date of birth. Include your mailing address, e-mail address, telephone number, and language preference. Provide answers to five challenge questions.
3. Submit your FSA ID information. Agree to the terms and conditions. Verify your e-mail address. (Note: By verifying your e-mail address, you can use your e-mail address as your username when logging into certain U.S. Department of Education websites.)
Once you get your FSA ID, will you still be required to use your Federal Student Aid PIN? No. Your FSA ID will replace your PIN as the way to confirm your identity when accessing your financial aid information through certain U.S. Department of Education websites. When logging into these websites, you will be required to enter only your FSA ID (username and password).
Remember, the FSA ID that students, parents and borrowers must use to log into certain U.S. Department of Education websites begins May 10, 2015. If you have more questions, please visit one of the Financial Aid Offices.
You must request the federal
processor to send the results of your FAFSA to Gadsden State (simply fill out
step six of the FAFSA that asks for the federal school codes of colleges to
receive your SAR). Gadsden State's federal school code is 001017.
Each eligible student will receive an award notification after file completion. Please review all information carefully and follow directions as noted. Any financial aid award exceeding tuition, fees, and other allowable charges will be disbursed via postal mail to the address on file in the Registrar’s Office. Credit-balance checks will be mailed approximately two weeks after the registration period ends.
Your Federal Pell Grant award will be based on full-time enrollment and will be prorated for enrollment of less than full-time and/or for enrollment in classes outside your declared major. For applicable certificate programs, your Federal Pell Grant will be based on both credit and contact hours.
Your financial aid award may be reduced accordingly if you fail to begin attendance in classes, withdraw from classes, and/or enroll for classes not required for your declared major. You may be obligated to repay the difference between the amount of funds awarded and the amount recalculated. If you completely withdraw prior to the 60% point of the semester, you may owe a repayment to the U.S. Department of Education. Also, reducing your enrollment status may affect the required standards of Satisfactory Academic Progress (SAP) and cause you to lose your eligibility to receive additional financial aid. It is recommended you check with Financial Aid before dropping any classes or changing your schedule in order to determine how those changes may affect your financial aid. Refer to the Gadsden State Catalog and Student Handbook or visit the Financial Aid Office for more information.
The Financial Aid Office will update your FAFSA as needed in order to package your financial aid award. The Financial Aid Office reserves the right to amend or cancel your award due to changes in your academic status, your remaining need, or funding you received by Gadsden State Community College or another institution of higher learning.
|If you received a Pell Grant from another institution immediately prior to
transferring to Gadsden State, you must