Applying for Assistance
1. Apply for admission to Augustana College
High school seniors and transfer students should apply to Augustana as early as possible. A financial assistance package is prepared (March-April) after a student has been accepted for admission and submitted all required forms to the Office of Financial Assistance.
2. Complete the FAFSA after Jan. 1
Students should apply for financial assistance by filing the Free Application for Federal Student Aid (FAFSA) by Feb.1. Augustana will mail instructions for completing the FAFSA in January to all students who have applied. FAFSA on the Web Worksheets and paper FAFSA applications (which must be mailed to the processor) also may be available in high school guidance offices.
Although it is helpful to have filed federal tax returns before filing the FAFSA, students and families may estimate income on the FAFSA if their tax returns are not completed by Feb. 1. Once 1040s are complete, families must correct their FAFSA data if they completed the FAFSA using estimated information.
Eligible families may use IRS Data Retrieval when completing the FAFSA. This that allows FAFSA filers to link to the IRS and transfer tax return information to the FAFSA. The Federal Department of Education and Augustana College recommend using this. See details on IRS Data Retrieval and a video tutorial.
For Augustana to receive the results of the FAFSA, families must enter Augustana's Federal School Code of 001633.
3. File the FAFSA
You may file the FAFSA online (working with the FAFSA on the Web Worksheet) or by mailing the paper FAFSA to the processor using the envelope provided in the FAFSA application packet. One FAFSA should be submitted per student, so only select one method of filing.
The preferred filing method is online at Federal Student Aid FAFSA.
Before you begin the FAFSA on the Web, apply for a Federal Student Aid (FSA) ID in order to electronically sign your FAFSA. One parent (see Section 3 of the Web Worksheet for clarification of "parent") and the student must apply for a FSA ID. Once IDs have been set up, you can file your FAFSA entirely online.
Should you opt to file online but do not have IDs, you will need to print the "Signature Page" from the FAFSA site, sign (both the student and one parent), and mail to the federal processor.
The FAFSA on the Web Worksheet should be used as a "pre-application" worksheet of your data before entering online. The worksheet closely mirrors the sequence of questions associated with FAFSA on the Web. Keep the Web Worksheet for your records.
4. Complete the New Student Financial Assistance Information form
The 2015-16 New Student Financial Assistance Information Form is required on an annual basis for all students regardless of the type of assistance they pursue. The form will be mailed to both prospective and current students in January with the FAFSA filing instructions.
In some cases, you will be required to submit additional documents. You will receive instructions from the Office of Financial Assistance if necessary.
If an IRS tax transcript is required, you may be asked to submit the following:
• Parent's and student's 2014 Federal 1099-R forms.
• W-2 forms if the parent and/or student are a non-filer.
After you have been accepted for admission to Augustana, the results of your FAFSA and other requested documents have been received, your file will be reviewed. Augustana will prepare a financial assistance package for you that may include scholarships, grants, loans, and/or work-study. Your "Financial Assistance Award Notification" will be mailed to your home address. You may accept the plan in total or in part.
Augustana will begin mailing Award Notifications for prospective first-year and transfer students beginning March 1.
Scholarships, grants, and other need-based assistance are awarded each year. To receive need-based assistance, students must complete the FAFSA and the New Student Financial Assistance Information form every year.
Renewal for all awards requires maintaining satisfactory academic progress and financial need. Need-based awards may be continued, increased, or decreased depending on changes in the families' expected contributions. As a general rule, if a student demonstrates comparable financial need from year to year, comparable assistance may be expected.
Non-need-based awards such as academic and talent scholarships will be renewed automatically provided the student has fulfilled the renewal criteria originally outlined in the award notification material.