Applying for Aid
How to Apply for Financial Aid
- All admitted students are automatically considered for merit-based scholarships based on their application for admission.
- The Free Application for Federal Student Aid (FAFSA) is the only application required to be considered for need-based financial aid.
- Apply online at fafsa.gov and use our Federal School Code 003694 to have your FAFSA sent to Saint Michael’s.
- The student and at least one parent (for dependent students) will need a Federal Student Aid ID (FSAID) to electronically sign the FAFSA.
- When submitting the FAFSA, look for IRS Data Retrieval Tool to directly link your IRS income information to your FAFSA. Linking your IRS tax information directly to your FAFSA streamlines aid processing and reduces the need to Student Financial Services to collect supplemental documentation.
We encourage all students to complete and submit the FAFSA annually to ensure consideration for all available sources of financial aid. FAFSA information is used to determine eligibility for federal and state financial aid and need-based aid from St. Mike’s.
Have you applied and now you have questions? Many answers can be found here, but you can always contact us directly!
When to Apply for Financial Aid
The 2021-22 priority financial aid deadline is March 1, 2021. Submit your FAFSA as soon as possible after October 1, 2020 to ensure consideration for all available sources of aid. Looking for aid for the 2020-21 school year including Summer 2021? It’s not too late! Submit your 2020-21 FAFSA no later than June 30, 2021! The 2020-21 FAFSA is available at fafsa.gov.
Determining and Maintaining Eligibility for Financial Aid
All financial aid programs have specific eligibility requirements, application forms, and deadlines. When you receive financial aid, you have the responsibility to make sure you are doing everything you can to retain your eligibility. Complete information about financial aid is available in the Student Handbook or from the Student Financial Services Office.
Eligibility for Federal Financial Aid:
- You must be a U.S. Citizen or eligible non-citizen.
- You must be enrolled in a degree program
- You must have a high school diploma, GED, or have completed a home school program.
- You must be enrolled in at least 6 credits
- You must not be in default on federal student loans or owe a refund on previous financial aid.
- You must be making satisfactory academic progress.
- You must be registered with Selective Service (if required).
- Suspension of Eligibility for Drug Related Offenses
- If you have a prior degree, check with your advisor for additional requirements.
Additional information about federal aid eligibility can be found here.
Contact our office or check out these resources:
General Information on Completing the FAFSA
Determining Dependency Status and Whether Parental Information is Required
Determining Who is Your Parent for FAFSA Purposes
Your Financial Aid Award
The exact timing of your financial aid award depends on several factors. If you are an applicant for Fall 2021 Admission, submit your 2021-22 FAFSA in October 2021 to ensure your financial aid award is issued as early in 2021 as possible. Your financial aid award may include estimated financial aid if we have requested any additional information or documentation or for federal/state award which are subject to budget approval.
Financial aid awards for returning students will be available in late May/early June provided the FAFSA and any additional required documentation were received by March 1st. Financial aid awards for continuing students are prepared after we verify academic progression at the end of the school year.
In the event your household financial information has changed from the FAFSA tax year to present, contact Student Financial Services to discuss a financial aid appeal.