The complete process can take two to six months!
Step-By-Step
- Step 1 Student and parent (if dependent) apply for a PIN #.
One day if email address is provided or two weeks by mail
- Step 2 Student files a FAFSA.
Hint: File on the web at http://www.fafsa.ed.gov/. It's faster!!
- Step 3 FAFSA is processed. SAR is mailed to student; electronic copy is sent to WNC (IF listed on FAFSA).
Two to three weeks if filed online!
- Step 4 Financial Assistance Office enters data, awards aid (if eligible), or mails document request to student.
Two to three weeks
- Step 5 Student submits ALL required document(s).
??? Weeks, days? It depends on you!
- Step 6 Financial Assistance Office reviews documents and creates file.
Two to three weeks
- Step 7 Eligibility is determined and discrepancies resolved.
(Steps 4, 5 & 6 are repeated for discrepancies).
Two to three weeks
- Step 8 Business Office mails check or deposits it into student's bank account
Hint: Having your residual check directly deposited is much faster!
Incomplete applications/document(s) cause delays!
Processing times are approximate.
Insider's Information
"Those who read will have an advantage."
Top 11 reasons your financial aid could be delayed...
- WNC is not listed on your FAFSA. (Title IV code is 013896)
- The name on your FAFSA does not match the name on your Social Security Card.
- You or your parent did not sign your FAFSA with your PIN # or send in the signature page from FAFSA on the web.
- You made corrections to parental information on your SAR but the parent signature is missing.
- You made corrections on your SAR but your signature is missing.
- You received mail from our office but forgot to read it. (Read everything you get very carefully.)
- Your documents weren't turned into our office in a timely manner.
- Your documents were incomplete.
- When you filed your FAFSA, you used estimated income tax information, and when you filed your tax return, the information was different but you didn't correct your SAR.
- You didn't make Satisfactory Academic Progress the prior semester.
- Your FAFSA was filed late.