The Free Application for Federal Student Aid (FAFSA) is the only application required to apply for federal student aid. Students complete the FAFSA annually to determine eligibility for federal grants and loans. There is no charge to apply for federal financial aid. Post University’s school code is 001401 and must be included on the FAFSA for Post to receive a student’s information within three to five days. The information on the Institutional Student Information Record (ISIR) will be reviewed and awards determined for those who qualify.
To complete the FAFSA or for more information, visit: https://fafsa.gov.
Steps to Complete the FAFSA
Step 1: Create a Federal Student Aid ID. Students, and parents if applicable, must create an FSA ID to complete and electronically sign the FAFSA. The FSA ID confirms identity when financial aid information is accessed electronically. If students or parents don’t already have an FSA ID, one can be created by visiting https://fafsa.gov. The authentication allows access not only to the FAFSA on the web but also to other student aid websites. The FSA ID replaces the Federal Student Aid PIN.
Step 2: Complete and submit the FAFSA by visiting https://fafsa.gov. This application allows Financial Aid to determine a student’s eligibility for federal, state and institutional aid. The FAFSA must be completed every year. Post’s school code is 001401 and must be included on the FAFSA for Post University to receive a student’s information.
Please note, when completing the FAFSA, students and parents are encouraged to use the IRS Data Retrieval Tool (DRT) if the tax return has already been filed. This option is available during the completion of the FAFSA and is the most accurate way to submit income information. If a tax return has not been filed, the DRT process cannot be used. Students and parents will need untaxed income information to complete the FAFSA. Examples include prior year W-2 forms, 1099-SSA, etc.
Step 3: Once the FAFSA is electronically submitted, students can expect to receive a Student Aid Report (SAR) within three to five days. Carefully review the Student Aid Report (SAR) and follow any instructions on the SAR for making corrections or updates.
If assistance with the SAR is needed, contact the Federal Student Aid Information Center at 800.4.FED.AID.
Step 4: The U.S. Department of Education will randomly select students for a process known as Verification. Students selected will be notified by a message on their SAR. Verification must be completed before the disbursement of any federal funds. Please note this process is very time sensitive. The financial aid process is not considered complete until all required documents are received.
Step 5: Students who decide to accept a Federal Direct Stafford Loan must complete a Master Promissory Note (MPN) if they have not already done so. The Master Promissory Note (MPN) contains information on a student’s rights and responsibilities of borrowing from the federal student loan programs. The MPN is electronically signed using the FSA ID and is available at https://studentloans.gov.
Step 6: Students who decide to accept a Federal Direct Stafford Loan and are considered first-time borrowers must complete Entrance Loan Counseling electronically using the FSA ID, available at https://studentloans.gov.
Financial aid is available to those who qualify. To learn more about how Post University can make education more affordable and more valuable, visit the Tuition & Fees page to guide you through your educational expenses.