HOW TO APPLY FOR FINANCIAL AID

Financial Aid at Eastern International College

HOW TO APPLY FOR FINANCIAL AID

STEP 1: APPLY FOR A FEDERAL STUDENT AID ID ( WWW.FSAID.ED.GOV)

All parties entering information on the Federal Student Aid applications will be required to create a UserID and Password to be used for retrieving and signing official aid documents. These log-on credentials must be kept private as it acts as a signature on secure documents and should not be shared. Do this before your Financial Aid Enrollment appointment to expedite processing. **The FSAID replaces the FSA PIN as was used previously.**

STEP 2: COMPLETE THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA; WWW.FAFSA.ED.GOV)

Enter all information as requested and submit the FAFSA On the Web using the FSAID created. The school code for Eastern International College is 031226; note that it will show the Jersey City campus as it is one database accessed by both campuses. Renewal applicants must apply by June 1st to be eligible for NJ State grants.

When prompted, utilize the IRS Data Retrieval Tool to import income information directly from the IRS. If any party is unable to use the IRS DRT, a Return Transcript or Verification of Non-Filing Letter as obtained from the IRS must be submitted.

STEP 3: APPLY FOR THE NEW JERSEY STATE TUITION AID GRANT (TAG; WWW.NJGRANTS.ORG)

Answer additional questions for the NJ State TAG application. A link is provided on the FAFSA On the Web Confirmation Page after initial submission to apply for state aid. The application is also available via the Higher Education Student Assistant Authority (HESAA) website.

HESAA continues to review applications throughout the award year and may request additional information if selected for state verification. HESAA will send communication regarding the TAG status and amount directly to the applicant. Approval and award amounts may not be available at the time of enrollment and can be adjusted during the award year.

STEP 4: ENTER A MASTER PROMISSORY NOTE FOR FEDERAL DIRECT LOANS ( WWW.STUDENTLOANS.GOV)

Navigate to the StudentLoans site to review and apply for Federal Direct Subsidized and Unsubsidized Loan funds. Applicants must complete a Master Promissory Note AND Entrance Counseling online prior to loan disbursement. This can be completed three-days following creation of the FSAID.

STEP 5: REQUEST A DIRECT PARENT PLUS LOAN ( WWW.STUDENTLOANS.GOV) ONLY IF DEPENDENT

Dependent students are limited in their Federal Direct Unsubsidized eligibility, however a Parent can apply for funds under the Federal Direct Parent PLUS program. The Parent must log on to the StudentLoans site and Request a Direct PLUS Loan for Parent borrowers; an immediate credit decision will be provided. If approved, the Parent will be directed to complete a PLUS MPN as well. This application is available three-days following FSAID creation.

All applications will be received approximately three days after completion. Prospective students should contact the Admissions Department to schedule an enrollment appointment. It is suggested that applicants print out copies of each completed step to expedite processing.

WHEN TO APPLY FOR FINANCIAL AID

All applicants should be aware of deadlines to apply for aid. Visit http://www.hesaa.org/Pages/StateApplicationDeadlines.aspx for current NJ State Deadlines.