Financial Aid Process

Tags fafsa

How do I apply for financial aid?

All students who wish to apply for financial aid (grants, scholarships, loans or work aid) should complete the Free Application for Federal Student Aid (FAFSA). Students can apply online at studentaid.gov, using Baker College's school code (004673).   Remember that students must apply for financial aid every year (new applications become available October 1st each year).   Always complete the FAFSA as early as possible, as the deadline to qualify for state aid is March 1st.   

Steps to complete the FAFSA

  1. Create an FSA ID
    • Students and parents of dependent students are required to obtain an FSA ID in order to sign the FAFSA application electronically.  Please visit studentaid.gov for more information.
  2. Start the FAFSA form at studentaid.gov
  3. Fill out Student Demographic information
  4. List Baker College (004673) in the School Selection
  5. Answer Dependency Status questions
  6. Fill out Parent Demographic information (dependent students only)
  7. Provide your financial information
    • Students and parents are encouraged to use the IRS Data Retrieval Tool (DRT). This process links to the IRS website to retrieve tax information.
  8. Sign and submit your FAFSA form

What happens next?

Baker College will receive electronic notification that you completed your FAFSA. You will also receive a Student Aid Report (SAR) via email or by mail, which informs you that your application has been processed. You should review your SAR to confirm the information you entered is accurate. If necessary, you can make corrections online at studentaid.gov.

  • Baker College will review your FAFSA and determine if a financial aidoffer can be made or if additional information is needed.
  • If your application is selected for verification the Financial Aid Office will request additional information from you. An email will be sent to your Baker College email directing you to log in to your Student Financial Aid Portal. From the portal you can review and download required documents and upload the completed information securely. Once all necessary documents are received, you will be sent a financial aid offer.
  • If no additional information is required, you will receive a financial aid award offer via your Baker College email. Log in to your Student Financial Aid Portal to review your offer.
  • If the financial aid offer includes a loan(s), the student will need to take action via the financial aid portal to accept, decline or reduce the loan amount. The Financial Aid Office will complete the loan certification process for all accepted loans.
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Details

Article ID: 89210
Created
Sat 10/12/19 10:26 AM
Modified
Tue 10/18/22 1:58 PM

Related Articles (1)

How do I use the IRS Data Retrieval Tool? What happens is I am selected for verification? Learn the answers to these questions and more by reviewing this article.

Related Services / Offerings (1)

Submit a general question about financial aid, documents financial aid is requesting, or your financial aid offer.