February is Financial Aid Awareness Month

FAFSA Website ScreenshotHave you completed your FAFSA?

If not, visit www.fasfa.ed.gov

  • State deadlines are right around the corner. Some state deadlines for grant and scholarship aid have already passed and others are quickly approaching.  Some states award aid on a first-come, first-served basis. All state deadlines are listed at fafsa.ed.gov/deadlines.
  • Families must use 2015 tax information. This should help simplify the application process, as families will no longer need to estimate their taxes for the FAFSA, or put off completing the form until they file their 2016 taxes. By using 2015 tax returns, more families will be able to utilize the IRS Data Retrieval Tool, which can help save valuable time by importing tax information directly into the FAFSA.
  • Award letters may be issued earlier. Some colleges have already begun sending financial aid award letters to students who have completed the FAFSA. Award letters provide important information, including the school’s estimated Cost of Attendance and the financial aid package — including scholarships, grants, and loans — offered to the student.

If you have questions about the financial aid process, please call the Northwood University Financial Aid Office at 989-837-4230 or email us at mi.finaid@northwood.edu.