How To Apply for Financial Aid
Don’t Be Worried…
About the financial aid application process! Our experienced Financial Aid Advisers can assist you through the entire process whether it be completing the FAFSA form, completing and on-line Master Promissory Note or answering questions about the verification process (if you’re chosen by the Department of Education). Our advisers can identify the federal aid programs that will help you meet your needs and guide you through each process. Just contact our office. We’re here to help!
The beginning point for all federal financial aid starts with applying for a federal PIN number. Students (and a parent if the student is “dependent”) can apply on-line through the Department of Education website at www.pin.ed.gov. PIN numbers are needed in order to complete the next step – completing and signing the Free Application for Federal Student Aid (FAFSA) form.
The On-Line FAFSA Application
The FAFSA form can be completed quickly and easily on the U.S. Department of Education’s website located at http://fafsa.ed.gov. If you’d like to “do it yourself”, we’re certain you’ll find the process easy to understand. However, if you are nervous about the application, or just have questions, we are here to help. Our Financial Aid Office staff will sit down with you to help you complete the application, or answer your questions over the phone or by e-mail.
The information that you provide in the FAFSA application will help the college determine if you are eligible for a Federal Pell Grant, and Federal Student Loans. When completing the FAFSA form make sure you list Quest College your school choice (federal school code #034003) as this will ensure we receive your information in a timely manner.
It’s best to have your FAFSA completed at least 10 days prior to the start of classes since we cannot process any aid until your data is received from the federal processor. The absolute deadline to file your FAFSA is a few days before you finish school, as we must receive your information while you are still enrolled in order to process your aid.
Approximately one out of every three FAFSA applications will be chosen by the Department of Education for a review process known as verification. If your application is selected, you (and your parent if you are a dependent student) will be asked to provide copies of prior year tax transcripts, along with other income and asset information. We will let you know if you were selected for verification and give you a list of necessary documentation.
Upon completion of the FAFSA, the the U.S. Department of Education (DOE) will determine amounts that the student, spouse (if any), and (in the case of a “dependent” student), the parent(s) are expected to contribute toward the student’s education. The combined “expected family contribution” (EFC) amount is deducted from the student’s “cost of attendance” to determine financial “need”. This concept of how financial aid is calculated is explained in detail at the DOE’s website.
Your Financial Aid Package
Upon completion of the application and verification (if required) processes, your Financial Aid Adviser will prepare a financial aid “package” for you based on your eligibility and financial need as determined by your FAFSA form. This information will be provided to you in an “Award Letter”. Your adviser can also discuss timing of your financial aid payments, billing procedures and alternative financing options. If you would like more detailed information concerning the financial aid process, please do not hesitate to contact the financial aid office at 210-366-2701.