The Free Application for Federal Student Aid (FAFSA) opened on Oct. 1 for high school seniors looking to earn student loans, grants and work-study funds toward their college tuition. It is the most important step in the financial aid process, and students should fill out their FAFSA application as soon as possible to ensure the largest aid package possible.
Virtually every Transylvania University applicant who completes the FAFSA is offered some form of aid, with an average package of approximately $30,000 per year.
“We encourage all admitted students to submit a FAFSA, whether they think they are going to qualify for financial help or not,” says Vice President for Admissions Johnnie Johnson. “Ninety-eight percent of our students receive some type of federal aid, so the chances of students qualifying for some help is very likely.”
To start the application, go to the FAFSA website and be sure to use Transylvania’s school code: 001987. You will need identification and financial documents including a driver’s license, social security card, W-2s, etc. Go to Transy’s FAFSA webpage for more information. The application is completely free; families shouldn’t pay services to complete the form for them.
“If you have questions, feel free to contact our financial aid office at 859-233-8239 or financialAid@transy.edu for assistance,” Johnson says. “They are willing to walk you through the process and answer your questions.”
For even more help, check out five tips for filling out your FAFSA.