Financial aid is money made available to a student to help fund his/her education. Financial aid includes grants, scholarships, work-study programs and student loans. Most often it is a combination of these funds that help fund a students education.
Yes! The US Department of Education Office of Federal Student Aid maintains several websites and publications designed to assist you in learning more about financial aid programs and the application process. You can review their website for information and download helpful publications at: www.studentaid.ed.gov.
In order to be awarded federal financial aid we need to have a current FAFSA on file. If you have already submitted your FAFSA to a previous school you can just add Grand Valley State University to the "School Selection" section and resubmit. If you have not filled out a current FAFSA you will need to do so. FAFSAs can be completed or updated at www.fafsa.gov.
The school code for Grand Valley is 002268.
The 2016-2017 FAFSA is available now and can be completed at any time to be considered for aid in the current 2016-2017 academic year. The FAFSA for the 2017-2018 academic year will be available on October 1, 2016. The priority deadline to file your FAFSA is March 1, but a FAFSA can be filed at any point during the year.
The FAFSA looks at other criteria to determine if you are independent of your parents. You have to be able to answer "yes" to one of the questions below to be considered independent:
Will you turn 24 this current year? Are you working on a Masters or Doctorate degree? Are you married? Do you have children or dependents that you support? Are you a U.S veteran or actively serving? Are you or were you an orphan or ward of the court? As of today, are you an emancipated minor? As of today, are you in a legal guardianship? At any time on or after July 1, 2008 has it been determined that you were an unaccompanied youth who was homeless?
If the answer is "no" to all of these questions then the parents MUST fill out the FAFSA form with the student. If the student can answer "yes" to one or more of these questions then the parents do not have to fill out the form. NOTE: If you select "yes" to one of the above questions, the Financial Aid Office may verify this information.
Yes, it is required that a student complete a new FAFSA for each academic year. If you have completed a FAFSA before you can use the "FAFSA Renewal" option which pulls much of the information listed from your previous form to review and update for the new year.
Yes. The IRS offers several ways families can offset education costs. For basic information review our summary of education tax credits. For more in-depth information, see Publication 970, Tax Benefits for Education, which can be obtained online at IRS.gov or by calling the IRS at 800-TAX-FORM (800-829-3676).
The Financial Aid Office can work with you to determine your options for financing your study abroad program. It's a good idea to discuss financial aid and study abroad at least one semester before your program begins. Please email us at firstname.lastname@example.org if you would like more information or to set up an appointment.