2021-2022 financial aid priority deadline
Completing the Free Application for Federal Student Aid (FAFSA) is the first step toward getting federal aid for college or graduate school. Students can start preparing for the Fall 2021 semester by filing their FAFSA now for the 2021-2022 school year. Completing and submitting the FAFSA is free and quick.
The FAFSA determines eligibility for only one academic year; therefore, students must apply for financial aid every year. Even if a student only received loans the previous academic year, the FAFSA should be filed every year. The federal need analysis formula is complex enough that even a simple change in circumstances may have a big impact on eligibility for need-based financial aid. For example, an increase in the number of children in college may significantly reduce a family’s expected family contribution, which would increase eligibility for financial aid.
For the Fall 2021 or Spring 2022 semesters, students returning to Minot State University should complete and submit the 2021-2022 FAFSA online at studentaid.gov or download the new mobile app, myStudentAid. Enter the Minot State school code, 002994, on your FAFSA to have your information sent to Minot State. Submit your FAFSA by April 8 in order for the Minot State financial aid office to receive your FAFSA results by the priority-funding deadline of April 15.
Students meeting the priority-funding deadline will be considered for all federal student aid programs including the Federal Pell Grant, Direct Loan, Work Study, and Supplemental Education Opportunity Grant programs. Applications received after the priority deadline will be accepted, but funding may be limited to the Federal Pell Grant and Federal Direct Loan programs.
To log in and sign a FAFSA electronically, students will use their federal student aid (FSA) username and password. The FSA ID, a username and password can be completed online at studentaid.gov. If a parent signature is needed on the FAFSA, the parent must apply for their own FSA username and password. The FSA user ID is used to submit the FAFSA and to access federal loan information.
In the finance portion of the FAFSA, the IRS Data Retrieval Tool (DRT) should be used, if possible, to transfer data from a student and/or parent 2019 federal income tax return to the FAFSA. Using the DRT will ensure accuracy and possibly avoid being selected for verification.
The financial aid offers for returning students will be available on Campus Connection in early June.
For more information, please contact the Minot State financial aid office at 1-800-777-0750, 701-858-3375, or email@example.com.