Apply for Undergraduate Financial Aid
Steps to Apply for Financial Aid
1. Apply for admission.
You must be accepted for admission before financial aid offers can be made. It is recommended that you apply for admission in the fall or early winter.
2. Complete the scholarship applications for USF.
The University of Sioux Falls offers numerous scholarship opportunities. Some have deadlines and require additional forms. You do not need to complete the FAFSA prior to completing a scholarship application. Photocopy any scholarship applications before they are mailed.
3. Apply for Department of Education PIN (personal identification number). The student and at least one parent should apply for a PIN before completing the FAFSA. The PIN will serve as the electronic signature when filing the FAFSA on-line, as well as making corrections to your FAFSA on-line. It also allows you to e-sign a Master Promissory Note (eMPN).
4. Complete a Free Application for Federal Student Aid (FAFSA) as soon as possible after January 1, 2014 and include the USF school code (003469).
USF has a priority filing date of March 1, 2014 for the FAFSA.
The FAFSA allows you to be considered for aid from Federal Financial Aid Programs. When applying on-line, print a copy of your FAFSA before submitting it. About 2 weeks after filing the FAFSA, you will receive a report called a Student Aid Report (SAR). If there are extraordinary circumstances in your family's situation that you feel aren't reflected on the FAFSA, you should provide documentation, including a written statement, explaining those circumstances to the Director of Financial Aid. Special Circumstances are reviewed on a case-by-case basis.
5. Respond quickly to requests for additional information.
The University of Sioux Falls may request additional information in order to verify the information on your FAFSA. Verification is the process a school follows to check the accuracy of the information reported by a student on the FAFSA. This is done by collecting documents used to complete the FAFSA and comparing them with the answers the student provided on the FAFSA. If your application is selected for verification, you must complete the verification process before your eligibility for need-based financial aid can be determined and awarded to you. If verification is required, you will receive a notification via mail from the Financial Aid office outlining exactly what documents must be submitted. The following are the FAFSA verification documents that normally must be provided:
Verification worksheet which verifies:
IRS Tax Transcript or use of IRS Data Retrieval Tool which verifies:
- family size (as defined on the FAFSA)
- number of college students (at least half-time and pursuing a degree) in student’s household
- funds paid for child support and documentation of amount received in food stamps
IRS Data Retrieval Tool is available on the www.fafsa.ed.gov website under the financial information tab.
- Adjusted gross income
- Taxes paid
- Tax-exempt interest
- Untaxed IRA/Keogh distributions/deductions
- Untaxed pensions and annuities
- Education tax credits
6. Investigate sources for other scholarships.
a. Contact your high school guidance counselor.
b. Ask parents' employers or organizations to which your parents belong
about scholarship possibilities.
c. Check with community organizations.
d. Do research at the library.
e. Check out scholarships on the Internet.