- Prospective Students Priority Filing Deadline February 15, 2014
- Returning Students Priority Filing Deadline Deadline April 15, 2014
Complete the FAFSA (Free Application for Federal Student Aid) or renewal FAFSA with the U.S. Department of Education electronically at www.fafsa.gov. The FAFSA serves as the official financial aid application for all federal, state and institutional need-based programs. Both the student and a parent must have their own Federal Student Aid PIN (www.pin.ed.gov) to sign the FAFSA electronically. Resources are limited and the deadlines stated above are very important. You must file by the priority deadline to be considered for maxium aid opportunities.
***Pennsylvania residents must file the FAFSA by May 1, 2014 to be considered for a PHEAA state grant. (Some state grant programs may require supplemental applications.) Please note that Allegheny’s deadline is April 15, 2014. Allegheny will not replace lost state grant funds due to late filing.
IRS Tax Transcript
The FAFSA should be updated with the tax return information by utilizing the IRS Data Retrieval Tool. The IRS Data Retrieval Tool inputs the tax return information into the FAFSA directly from the IRS. We strongly encourage all families to utilize the IRS Data Retrieval Tool if applicable. IF YOU DO NOT UTILIZE THE IRS DATA RETRIEVAL TOOL AND YOU ARE SELECTED FOR VERIFICATION, YOU MUST REQUEST THE TAX TRANSCRIPT FROM THE IRS TO SEND TO THE FINANCIAL AID OFFICE. It could take another several weeks to receive the tax transcript by requesting it from the IRS.
When data will be available from the IRS:
- Electronic Tax Filers (refunds or no payment due): Data will be available within 2 – 3 weeks of filing
- Electronic Tax Filers (tax payment due): Data will be available within 6 – 7 weeks of filing
- All Paper Tax Filers: Data will be available within 6 – 8 weeks of filing
If you are selected for verification, the Financial Aid Office will notify you. Required verification documents will be listed on WebAdvisor under “My Documents”. 2014-15 Verification Documents are due in the Financial Aid Office within 30 days of verification notification.
Dependent Student Verification Statement 2013-2014
Available HERE or at the Financial Aid Office on the second floor of the 454 House. This form requires both the student and a parent signature.
W-2 Wage Statements
Mail copies of all parents’ W-2 wage statements for 2013 to the Financial Aid Office. These should be stapled to the corresponding tax return, tax extension request, or Statement of Non-Filing form.
2012 Student ‘s and Parents’ Federal Tax Returns
Signed copies of parents’ and student’s 2013 Federal 1040, 1040A, or 1040EZ, including all schedules and attachments. A Declaration of Electronic Filing (Form 8453) is NOT a tax return, request a copy of your tax return from your tax preparer or print one from your software.
If your parent is not required to file a federal income tax return for 2013, please complete a Parent Statement of Non-Filing form. In lieu of a tax transcript, this form must be completed and mailed to the Financial Aid Office.
Tax Extension (Form 4868)
If either the parent or student is requesting a tax extension for 2013 from the federal government, mail a copy of the tax extension request and parents’ W-2’s to the Financial Aid Office. Mail a signed copy of the completed tax return as soon as possible. Your Federal Stafford Loan will not be available to you until we receive a copy of your parents’ 2013 federal tax return.
If your FAFSA has designated you as an independent student based on the series of questions 45-57, the Financial Aid Office will not require your parents’ information throughout the verification process. However, if you are married, you must provide your spouse’s information. Please click HERE for the Independent Students Verification Statement.
Financial aid awards will be mailed to returning students early in June of 2014. If these restrictions pose a hardship or if you have any questions, please call the office for assistance at 1-800-835-7780, or e-mail firstname.lastname@example.org.