College Financial Aid Planning
How to Apply for Financial Aid
To apply for financial aid, you must complete a minimum of four steps:
- Complete the Admission process at Florida Tech
- Complete the Free Application for Federal Student Aid (FAFSA)
- Do not complete the FAFSA if you are in a non-degree program
- Non-degree programs may award a certificate instead of a degree
- Non-degree students may qualify for private education loans
- Review and follow up on errors or omissions identified in your Student Aid Report (SAR)
- Review your FInancial Aid status on PAWS
You must be accepted for admission to an eligible degree program at Florida Tech before an offer of financial assistance will be made. If you are not ready to apply for admission, check out our Net Price Calculator for a current estimate..
Students must complete the Free Application for Federal Student Aid (FAFSA) -- an internet application form that can be completed at no cost on the U.S. Department of Education website www.fafsa.ed.gov. You should be aware that some commercial firms have websites that charge you a fee to submit your information to the Federal government for you.
You can avoid many of the most common mistakes by reviewing this FAFSA Tip Sheet.
Our Title IV School Code is : 001469
You can expect to receive your Student Aid Report within a few days after completing the FAFSA online. Upon receipt of your SAR, you should read the cover letter carefully to see if the Federal processor detected any errors or omissions. Mistakes made while completing the FAFSA may prevent Florida Tech from processing your financial aid package and sending you an award letter until the problems are corrected. The most common mistake is the student or parent forgets to sign the application. Re-check all financial data you provided for accuracy. Incorrect financial data can affect the federal computation of your Expected Family Contribution (EFC). Make any needed corrections directly online at www.fafsa.ed.gov.
If you do not receive your SAR within two weeks after filing your FAFSA, check the status online or call (800) 433-3243.
The Panther Access Web System (PAWS) provides current, online information about your financial aid status, including Outstanding Requirements that could delay or prevent you from receiving all of the aid your are eligible to receive. You should check your financial aid status in PAWS periodically before each new term until you can see that all of your financial aid has paid into your student account. This is particularly true for the first term in each new academic year.
The Federal government screens student FAFSAs and selects some for a process called verification. In addition, the FInancial Aid Office is required to initiate verification if they find conflicts in information supplied by the student or the parent or guardian. If selected for verification, you will need to provide additional, supporting information which the Financial Aid Office will identify in a Tracking Requirement that you can see in PAWS. You can find out more information about PAWS on our Financial Aid home page -- look for the tab, "What is PAWS".