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  • Home / Cost & Aid / Financial Aid / Tips for Completing the FAFSA

    Financial Aid

    Tips for Completing the FAFS...

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    Tips for Completing the FAFSA

    • Apply as early as possible! Most funds are awarded on a first-come/first-serve basis. Late applications may result in loss of Institutional Aid.

    • Be sure to list the Ursuline College as the school to which you want your financial aid information sent. Ursuline College’s school code is 003134. If you do not enter the school code, we will not receive a copy of your application results.

    • Filing the FAFSA via the web is quicker and helps you in editing errors you may have on your application.

    • If you are filing the FAFSA on the Internet at http://www.studentaid.gov, you should first apply for your FSA ID. You can apply at www.studentaid.gov/fsaid.
    • If completing a paper FAFSA, please write legibly. You may only use a black pen to complete the FAFSA.

    • Make sure to answer all questions that are asked of you. Do not leave a question blank if the answer is zero.

    • It is best to answer all questions in the Asset Section of the FAFSA, even if you feel you are not required to do so. If this section is left incomplete or blank it could cause processing delays. If you provide asset information and you did not need to, the information will not be used in the analysis.

    • If you answer “NO” to all of the questions in Dependency Section of the FAFSA, you are considered a dependent student and will be required to list parental information on the FAFSA. The Central Processor will reject applications that are missing this information.

    • It is easiest to use the IRS Data Retrieval process offered within the FASFA application to input your financial information.  This will take you out to the IRS website to access your information and if you indicate to do so, the data will be automatically transferred to your FAFSA application.  If you are eligible and use this process, do not make any changes to the income data transferred – this will invalidate all of the data transferred.

    • If you must complete a paper FAFSA be sure to make a copy of your completed FAFSA application before mailing it. This will save a lot of time and heartache if your application happens to get lost in the mail.

    • The Federal Central Processor randomly chooses 30% (1 out of 3 applications) of all applications submitted for a process called Verification. If you are chosen, you will be required to submit documentation to verify the information you submitted on your FAFSA.  Income is verified with copies of student/spouse or parent (if applicable) IRS Tax Return Transcripts or by using the IRS Data Retrieval process within the online FAFSA application.  Copies of your IRS Tax Return Transcript can be obtained by calling the IRS at 1-800-908-9946 or through the IRS website at www.irs.gov/transcript.