Financial Aid

Financial Aid

Applying For Financial Aid

Applying for financial aid begins when you apply for admission to Florida Tech, whether as a prospective freshman or transfer student. All undergraduate applicants' credentials are automatically reviewed for merit-based university scholarships and grants. These awards are applied to a student's account when the student completes the enrollment process and they renew automatically as long as the student maintains satisfactory academic progress. After enrolling for the first time, students are not required to take any action to "apply" for university merit aid again.

However, in order to be considered for need-based university aid and additional financial assistance from Florida State or the federal government, students must also complete the Free Application for Federal Student Aid (FAFSA). Completing the FAFSA is an annual requirement. We encourage all degree-seeking U.S. students to file a FAFSA. Doing so enables the university to put together a comprehensive financial aid package, including both merit-based awards and need-based opportunities, for your consideration. Families that do not file a FAFSA are not considered for federal loan programs or need-based grants.

Financial aid opportunities and processes differ for freshman, transfer, international and graduate students.

Follow These Steps to a Comprehensive Financial Aid Package

Apply for Admission / maintain Enrollment

You must be admitted to an eligible degree program at Florida Tech to be eligible for financial assistance. If you are not ready to apply for admission, check out our Net Price Calculator for a current estimate. If you are currently enrolled and maintaining satisfactory academic progress, you're all set.

Complete the Free Application for Federal Student Aid (FAFSA)

Students who wish to apply for Federal Student Aid must complete the Free Application for Federal Student Aid (FAFSA). 

  • There are not any fees associated with completing the FAFSA through the Department of Education; however, please 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 FAFSA mistakes by reviewing this FAFSA Tip Sheet.
  • Florida Tech's FAFSA School Code is 001469.

Check Your Student Aid Report (SAR)

You can expect to receive your Student Aid Report (SAR) within a few days after completing the FAFSA. 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 that the student or parent forgets to sign the application.
  • Doublecheck all financial data you provided for accuracy. Incorrect financial data can affect your Expected Family Contribution (EFC), which is used to determine your aid eligibility. You may 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.

Accepting Financial Aid

Accept Your Financial Aid (ACCESS / PAWS)

Upon admission to Florida Tech, you will receive information about creating a TRACKS login and password. Use your TRACKS information to sign into ACCESS. Inside ACCESS, you may use the Panther Access Web System (PAWS) to view current information about your financial aid status. PAWS will list any outstanding requirements that may delay or prevent you from receiving all of the aid you are eligible to receive.

  • Current students should check their 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, especially prior to each Fall term.

Submit Required Documents

Have you been awarded state or federal financial aid?  Certain documents may be required before awards will pay down tuition and other costs that appear on your Florida Tech billing statement. You can avoid late charges, or even dismissal from classes, if you Monitor Your Financial Aid and promptly provide required documents. Keep in mind:

  • Most required verification documents will be submitted through KHEAA Verify.
  • Other documents will be submitted to the Financial Aid Office.
  • If you have any question about what needs to be sent or to whom,  call or email the Financial Aid Office without delay.
What Is Verification?

The federal government screens student FAFSAs and selects some for a process called verification. Additionally, the Office of Financial Aid is required to initiate verification if we find conflicts in information supplied by the student or the parent/guardian. If selected for verification, you will need to provide additional, supporting information that will be outlined for you in PAWS as a "Tracking Requirement."

KHEAAVerify.Com

If this applies to you, you will receive a letter directly from KHEAAverify.com with guidance for creating a secure login and for uploading any required verification documents.  KHEAA stands for Kentucky Higher Education Assistance Authority, which is a public corporation and government agency. KHEAA has an experienced, dedicated team that specializes in federal verification requirements. For more information about the verification process, check out our verification FAQs.

Monitor Your Financial Aid

Students should periodically check status of their student account and financial aid to ensure the account is paid and they avoid late charges:

  • Watch for emails from the Financial Aid Office about outstanding requirements.
  • Watch for emails from KHEAA Verify about verification document requirements.
  • Look for your Financial Aid billing statement and verify aid is authorized or has paid.
  • In PAWS, navigate to Student Requirements:  Financial Aid Student Requirements.
  • In Access Florida Tech, navigate to the Student Money Tab and check Financial Aid Requirements.
Questions Or Concerns?
  • Drop by the Financial Aid Office or call to speak with a counselor during our operating hours. Email us anytime.
  • Contact  with questions regarding student account balances, payments or payment plans.