Financial Aid is money awarded to the student to cover the costs of tuition, fees and other costs related to school such as books.
There are 3 kinds of financial aid:
It is made up of a username and password and is used to log into and submit your FAFSA on the Web.
If you do not already have an FSA ID, you can create an FSA ID.
FAFSA (Free Application for Federal Student Aid) is the application that you complete when requesting financial aid from both the Federal and State Governments. It can be completed on-line or on paper version that is mailed in.
It is best to complete the FAFSA before May 1st in order to be considered for the most amount of aid since Massachusetts (which receives your FAFSA information) does not give out full time grants to those students whose applications are processed after this date. The Federal deadline for the FAFSA is June 30th at the end of the school year for which you are applying. NOTE: You do not have to have already applied for admissions in order to complete a FAFSA.
You must be either a U.S. Citizen or have permanent resident status. Eligibility is determined by a U.S. Department of Education formula. Your college then determines the amount based on this determination and will notify you.
You are a dependent if you are under the age of 24 prior to January of the current school year and answer no to each of the following questions: