Steps to Complete Financial Aid

FAFSA stands for Free Application for Federal Student Aid. The FAFSA is the U.S. Department of Education's way of qualifying which students are eligible for financial aid.

The U.S. Department of Education uses the financial and family information provided on your FAFSA to determine your Expected Family Contribution (EFC). Your EFC represents the amount of money the Department of Education believes you and your family should be able to provide to help pay for your college expenses. This amount is not what you will pay, but what money may be available for you to contribute. 

The EFC number is used by the Department of Education to determine your level of need for financial aid assistance. The lower your EFC the more need-based aid, such as the Pell Grant, may be available to you.

Submitting the FAFSA also establishes your eligibility for the Federal Direct Stafford Student Loans. Your EFC helps to determine the type of loan money, subsidized or unsubsidized, that is available to you. For more information about the Direct Stafford Student Loans, go to www.studentloans.gov.

You must have applied for FAFSA before the fall semester begins and brought in any documents to complete your file by the first week of school. Attendance to class will be suspended with unexcused absences until your financial aid package is complete.

STEPS TO COMPLETE FINANCIAL AID

·        Step #1 - Students must complete a FAFSA (school code is 014305). The FAFSA opens on Oct. 1 every year, so you can begin it the year before you plan to enter college. 

·        Step #2 - Complete the Entrance Loan Counseling. (If you are a 1st time student at ABU, this MUST be completed)

·        Step #3 - Sign the Master Promissory Note. (If you are a 1st time student at ABU, this MUST be completed)

·        Step #4 – Admissions Office – All admission documents must be completed and you have been accepted to ABU in order for your financial aid to be processed.

FAFSA is required to be considered for ABU scholarships.

For more information regarding Financial Aid, contact Cindy Treat, Financial Aid Officer at 817.987.1706 or ctreat@abu.edu.

What if I'm Selected for Verification?

Verification is the process by which the information on the FAFSA is checked for accuracy. A student’s FAFSA can be selected for verification by the U.S. Department of Education or by the school. About 30-40% of all FAFSA’s sent to ABU are generally selected.

How do I get selected for Verification?

The reasons for being selected include but are not limited to the following:

  • Your FAFSA was randomly selected. 
  • Your FAFSA includes incomplete information.
  • The information on your FAFSA is contradictory.
  • The tax informaiton on your FAFSA was estimated.

​What happens if I am selected?

The ABU Financial Aid Office will contact you if your FAFSA is selected for verification. Your SAR (Student Aid Report) will also indicate if you are chosen for verification.

Tax Transcript

If you are selected for verification, you may verify your tax information in one of the following ways:

If you have any questions regarding whether you have been chosen for verification or questions regarding the verification process, please email the Financial Aid Office.

FINANCIAL AID DEADLINES

  • Academic Scholarships - Click Here for Scholarship Applications and Here for Scholarship Information
  • Summer Financial Aid Priority Deadlines - March 15, 2018
  • Fall Financial Aid Priority Deadlines - July 1, 2018
  • Spring Financial Aid Priority Deadlines, if not previously applied September 1, 2018

For more information regarding scholarships, contact Melissa Hayward at mhaward@abu.edu.