Applying for Financial Aid
Overview of the Financial Aid Process
While the academic record of a student is important for admission, to the university, and for certain scholarships, most financial aid is awarded primarily on the basis of financial need. Financial need is determined by comparing the amount a student and their family can provide toward their college education with the actual cost of attending Allen University. The purpose of financial aid is to award students within the guidelines of federal, state, and institutional aid programs. To determine your financial need, the Free Application for Federal Student Aid (FAFSA) needs to be completed.
The first step to being considered for financial aid is to apply for admission to Allen University by completing the Admission application online and forward requested credentials to the Office of Admissions. As you complete your admission requirements, we strongly encourage you to complete the Free Application for Federal Student Aid (FAFSA). It is important that you fully complete the FAFSA as soon as possible. It is available as of October 1st each year. Regardless of which application is completed first, you must receive your acceptance packet before the Office of Student Financial Aid can process the financial aid application.
As of October 1, 2016, the federal government allows the prior year taxes to be used in completing the FAFSA. You should submit your FAFSA before our priority deadline, which is March 15th. Financial aid is distributed in the order of date completed and financial need. Without complete and current FASA information, we cannot process the financial aid award offer. Delays could possibly affect the amount of funds that the student will be able to receive.
After we receive your FAFSA, you will be able to access the Financial Aid portal. Once you have access, you will be able to view all of your financial aid information.
Following these guidelines should give us time to process your application and notify you of your eligibility in a timely manner. We encourage for you to send your requirements electronically for timely processing.
How to Apply
Please follow the steps listed below to apply for financial assistance at Allen University:
Apply for admission to Allen University by completing the Admission application online and forward requested credentials to the Office of Admissions.
Complete the Free Application for Federal Student Aid (FAFSA) form. It is important that you fully complete the FAFSA as soon as possible. Please be sure to indicate that you would like to attend Allen University by including the Federal School Code: 003417 on the FAFSA.
While filling out the FAFSA, you are encouraged to provide your consent to allow the IRS to populate the applicable income fields on the FAFSA with data from your federal tax return. If you chose not to participate in this process, you will be required to obtain a Federal Tax Return Transcript from the IRS and send a signed copy to our office.
Complete all other required financial aid forms and return them to Allen University Office of Student Financial Aid.
When the Office of Student Financial Aid receives your Student Aid Report, we will then process your award(s), email your award letter, and submit all award information via the Financial Aid Portal. We will also notify you in writing of any additional changes made to your financial aid award package via email.
Tuition and fees are due and payable as a part of the student's registration each semester. The need for financial assistance should be anticipated and all arrangements for aid should be made with the Office of Student Financial Aid prior to registration.
Verification
Allen University performs verification on students that are selected by the US Department of Education. Verification is a process in which a FAFSA is selected for review by the Department of Education or the Office of Student Financial Aid at Allen University. AU verifies information that the US Department of Education requires. If your FAFSA is selected for verification, the Office of Student Financial Aid will notify you and request signed copies of yours and your parent(s) Federal Tax Return Transcripts or with W-2 forms or with other financial documents and compare information from your FAFSA with the submitted documents.If there are differences between your FAFSA and your actual financial documents, Allen University’s Office of Student Financial Aid may need to make corrections electronically. These documents can be retrieved via the Financial Aid Portal. You will be required to submit the following documents to the Office of Student Financial Aid AS REQUESTED:
A copy of your Federal Income Tax Return Transcript (and your spouse's, if applicable) and a complete IRS 4506T form, if you chose not to use the IRS import option to populate the income section of your FAFSA.
A copy of your parent's Federal Tax Return Transcript (if applicable) and a complete IRS 4506T form if they chose not to use the IRS import option to populate the income section of your FAFSA.
Verification Worksheets are available in the following locations:
Financial Aid Portal (My Documents Section)
MyAllen portal under financial aid
Within the Office of Student Financial Aid (Campus Mall)
Not sure what to do next? Use the checklist below to assist you.
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