Applying for financial aid can be intimidating. But finances should not be a roadblock to getting your education and making your dreams come true. Below is a step-by-step guide to help you through the application process – and remember, we are always here to help you at every step.
- Complete the FAFSA – this form collects information about your family to determine the amount of assistance you might qualify for.
- If you are selected for Verification (a federal quality control process) you will be asked to provide additional information to the school.
- If you need addition assistance Federal Student Loans are available to help
- Remember to check your Financial Aid Status regularly to see if we need additional forms, or to see your financial aid award offer.
- Remember, if you believe you have special circumstances, reach out to us. Together we can find a solution.
- Complete Your FAFSA
- Apply for Student Loans
- Check My Financial Aid Status
- Special Circumstances
The FAFSA is always a FREE application
You do not need to pay any money to complete a FAFSA!
If you are asked to make a payment to complete the FAFSA, then you are on the wrong site and should go directly to studentaid.gov.
The FAFSA collects information and calculates your family’s ability to help fund your education. Based on this information, a school can determine how much you will qualify for in grants, scholarships, loans and work.
To qualify for federal student financial aid, you must meet the following eligibility requirements:
- Be a US citizen or eligible non-citizen
- Not be in default on a federal student loan or owe a repayment of a federal student grant receive at any institution.
- Be enrolled as a degree-seeking student in an eligible program of study, and
- Maintain satisfactory academic progress
To complete a FAFSA, both the student and parent must have a Federal Student Aid ID (FSA ID) username and password. This FSA ID will enable you to electronically sign documents and assures security with the US Department of Education. To create an FSA, ID you will need your social security number and your own mobile telephone number and email address.
What is Verification?
Verification is a process used to ensure accuracy of information submitted on the FAFSA.
The U.S. Department of Education may, at any time, select applications for verification based upon the FAFSA information provided. This process is required to assure that all aid is awarded to students according to federal, state, and institutional regulations. If selected, the verification process must be completed before financial aid can be awarded.
Below are some of the most common reasons why FAFSAs are verified;
- The submitted FAFSA application has incomplete data.
- The data on the FAFSA application appears to contradict itself.
- The FAFSA application has estimated information on it.
- Random selection
- You will be notified on your Student Aid Report with instructions to contact your school
- You will receive an email from EGSC with instructions on how to complete verification.
EGSC partners with Campus Logic to complete the verification process. Requested forms will be uploaded directly into their site.
Create an account with Campus Logic using your EGSC credentials.
Federal Direct Student Loans are low-interest loans for students and parents to help pay for the cost of a student's education. The lender is the U.S. Department of Education.
With the affordability of EGSC, we strongly encourage you to only borrow if you need to cover direct school costs.
To borrow from the Federal Student Loan Programs at EGSC you must complete the following
Parents wanting to borrow from the Federal PLUS program must complete the following applications
Federal Financial Aid regulations establish a base year to be used to calculate a family’s ability to contribute to a student’s education. This ensures that calculations are done equitably nationwide. However, there are times when special circumstances outside of a family’s control can negatively impact a family’s financial situation (loss of a job, medical emergency that used up savings, etc). When special circumstances occur, a financial aid administrator can use current year income information, with proper documentation, to calculate a families need.
To request a professional judgment, complete an Income Adjustment Request Form
A student’s dependency status for receipt of financial aid is determined by a series of questions on the FAFSA. If the determination is that the student is dependent, parental information must be included on the FAFSA. The conditions below are NOT circumstances that would qualify as a special circumstance for purposes of a dependency override;
- A parent’s refusal to provide the information,
- A parent claims the student as a tax exemption,
- The student demonstrates total self-sufficiency,
- The parent refuses to contribute to the student’s education
Special circumstances to support a dependency override include abandonment by parents or an abusive family environment that threatens the student’s health or safety.
To document the special circumstance, a student must provide the following:
- A detailed letter explaining the circumstances that warrant a dependency override,
- Your most recent tax return and W-2s
- A budget showing your monthly expenses (include copies of lease agreements, utility bills, car payments, etc.)
- Other supporting documentation (court documents, police reports, letters form clergy, counselors, school official that are familiar with your circumstances)
A transient student is a student who is enrolled at one school (the home institution) and has decided to classes at another school (the host institution).
The choice to become a transient student is usually convenience:
- Online classes
- better class time options
- classes closer to home
- lower cost for classes
Transient students are still eligible for financial aid. However, the process is a little differently. This is the only situation where you can receive financial aid at more than one school at a time.
EGSC as the Home School
You are attending EGSC and want to take classes at another school:
- Request a transient letter to be sent by EGSC to the school you want to attend. Access this document on the Registrar's Forms Page.
- The EGSC Transient Representative will submit a consortium agreement to the host school.
- Once your host school completes the consortium agreement listing the classes you are taking there, we can award the appropriate amount of financial aid.
Please be aware your financial aid will be refunded at the regularly scheduled refund date for that semester. You will need to be prepared to pay your tuition and fees at the host school if your financial aid has not paid before their payment deadline.
HOPE Scholarships are the only exception to this rule. Partial HOPE Scholarships can be paid out to both your home and host schools, based on hours enrolled at each school.
These steps need to be completed well in advance of payment deadlines to guarantee financial aid payment.
EGSC as the Host School
You are enrolled at another school and want to take classes at EGSC
- Apply for admission to EGSC.
- Once the application has been completed, request a transient letter of permission from your home school.
- The Transient Representative from your home school will send EGSC a consortium agreement. EGSC will complete and return this agreement.
You will be expected to pay your tuition, fees, and books to EGSC by the payment deadline. There are no exceptions to this rule.
Your home school will issue your financial aid refunds at their regularly scheduled time.
The HOPE Scholarship will pay each school separately based on hours enrolled at each school.
This process must be completed well in advance of payment deadlines to guarantee financial aid payment.