To apply for financial aid, students must submit the Free Application for Federal Student Aid, a Department of Education form used by all colleges and universities in the U.S. to determine eligibility for the preferred types of financial assistance.
Through the FAFSA, all students are considered for federal education loans that feature low fixed interest rates, extended repayment periods, and flexible payment options. In addition, New College students are considered for the federal Pell grant, while full-time traditional undergraduate students are also considered for state and university grants. Eligibility for grants is based on family size, income and assets, so not all students qualify.
How to Complete the FAFSA
Step 1: Get a Federal Student Aid (FSA) ID at fsaid.ed.gov
The FSA ID is a user-selected username and password that will allow you to:
- Complete and sign the FAFSA electronically
- Check the results of your FAFSA and make corrections to the application online
Since the FSA ID is user specific, parents must request their own FSA ID in order to sign the FAFSA.
Step 2: File Your FAFSA at fafsa.gov
Make sure to submit the FAFSA which corresponds to the school year you'll be attending. For example, students starting in Fall 2020 should submit the 2020-2021 FAFSA. Make sure to list St. Edward's federal school code, 003621, in the school release section of the application.
Step 3: Monitor the Status of Your FAFSA
After you've filed your FAFSA, you can check the status of your application at fafsa.gov, or you can call the Federal Student Aid Information Center at 800-433-3243 and use their automated response system. St. Edward's generally receives the results of your application within three days after it has been processed. If you do not receive a response from the Department of Education within two weeks of submitting your FAFSA, contact the Federal Student Aid Information Center for assistance.
In addition to submitting the FAFSA, you also need to apply and be accepted to St. Edward's in order to receive your financial aid offer.