Leslie Dunn's Profile Picture

Polaris Financial Strategies Group

Leslie E. Dunn
Managing Principal
335 Tamiami Trail
Suite 104
Port Charlotte, FL 33953
703-467-0370
Leslie.Dunn@polarisFS.com
www.polarisfs.com

Company Logo

February 06, 2020

Financial Aid for College
 

Financial Aid Calendar

If your child is applying for financial aid for college, here is a calendar highlighting the important tasks to be done during senior year of high school. The dates are generally relevant for students applying regular decision.

SeptemberOctoberNovember
  • Create a timetable of financial aid deadlines for each college
  • Obtain an FSA ID at fafsa.ed.gov as a prerequisite for submitting the FAFSA online (only need to do this once)
  • Obtain a username and password at collegeboard.org as a prerequisite for submitting the CSS Profile online
  • Gather last two years of tax returns for parent and student
  • Complete and submit the FAFSA as soon as possible after October 1
  • Complete and submit the CSS Profile if student is applying to college early action or early decision
  • Research college and private scholarships and gather supporting materials (students may be considered for college scholarships automatically when they apply)
DecemberJanuaryFebruary
  • Complete and submit the CSS Profile if student is applying regular decision
  • Complete additional college-specific aid forms, if any
  • Complete and submit private scholarship applications
  • Review Student Aid Report (SAR) from FAFSA showing your expected family contribution (EFC)
  • Verify that all required federal and college financial aid forms have been submitted, and submit any additional documents as requested
  • Continue to complete and submit private scholarship applications
MarchAprilMay
  • Watch for college acceptances; if acceptance contains offer of merit aid, make sure to understand requirements of any merit scholarships
  • Receive financial aid award letters from colleges detailing financial aid package; read each award letter carefully
  • Watch for notifications from private scholarship sources
  • Compare financial aid awards by comparing out-of-pocket costs at each college as well as total overall costs
  • Decide on a single college!
  • Sign and return financial aid award letter
  • Contact financial aid office to confirm all paperwork is in
  • Notify financial aid administrator of any changes in circumstances that may affect your family's ability to pay EFC
JuneJulyAugust
  • High school graduation!
  • Student signs student loan promissory notes, if applicable
  • Student receives federal student loan counseling, if applicable
  • Congratulations! Off to college!
Refer a friend To find out more click here

The accompanying pages have been developed by an independent third party. Commonwealth Financial Network is not responsible for their content and does not guarantee their accuracy or completeness, and they should not be relied upon as such. These materials are general in nature and do not address your specific situation. For your specific investment needs, please discuss your individual circumstances with your representative. Commonwealth does not provide tax or legal advice, and nothing in the accompanying pages should be construed as specific tax or legal advice. Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser.

This informational e-mail is an advertisement.  To opt out of receiving future messages, follow the Unsubscribe instructions below

Prepared by Broadridge Advisor Solutions Copyright 2024.