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FINANCIAL NEED INFORMATION
TO: GRADUATE
SCHOOL FACULTY AND
STUDENTS
FROM: Scholarship
Award Committees, GSBS
RE: Financial
Need Determination for Scholarship Eligibility
(not required for all scholarships)
If you are a
domestic student and did not apply for financial aid through the
Enrollment Services Office; or, if you are a foreign student,
you will need to follow the steps outlined below in order to
have your financial need calculated.
If you
completed the more extensive financial aid application process
through the Enrollment Services Office, you do not need to do this.
You will; however, have to advise
Enrollment Services that you need a signed
Financial Need Document
to submit with your scholarship application. We have
implemented these processes to ensure the same formulas are used to
determine all students’ financial need.
Before you begin,
locate a copy of your 2003 Federal income tax return (if filed), as
it contains information you will need in order to complete this
form.
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Go to
http://www.finaid.org/calculators/finaidestimate.phtml
to complete the streamlined Expected Family Contribution (EFC)
calculator. Select “Detailed Output”, Federal Methodology”, and
“2004-05” on the top of the page.
-
Provide only
student information. Parent information is not required (and is
not used) as you are considered independent for Federal student
aid purposes.
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Do not
complete the “Estimated School Costs” section of the form, as
those figures are already on the
Financial Need Document
used by Enrollment Services to determine your financial need.
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Click
“Calculate” on the bottom of the page, once all requested data
has been entered.
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Print the
first two pages of the results, and print your name and PID on
the top of each one. Finally, sign and date the second page on
the line just above the “Estimated School Costs” section, and
submit both pages to Enrollment Services. They are in Room 1.206
of Old Red.
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Enrollment
Services will use this information to produce the
Financial Need Document
needed to award scholarships that have a
financial need requirement. After an Enrollment Services
Specialist signs the document, it will be give to you to attach
to your scholarship application.
Please ensure
you complete this process early enough to meet the application
deadline date of Friday,
February 20, 2005 If you have questions
or need assistance, please contact Enrollment Services at
409-772-1215. |
