When should I start planning for applying for financial aid for Academic Year 2011-12?
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Transcript of When should I start planning for applying for financial aid for Academic Year 2011-12?
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This presentation covers the process that families must follow to apply for financial assistance at Episcopal Collegiate School.
When
What
How
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When should I start planning for applying for
financial aid for Academic Year 2011-12?
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• The SSS Parents’ Financial Statement online application is available beginning November 1, 2010 for financial aid applications for the 2011-12 school year.
• Episcopal requests that applications be completed by March 1.
• Missing deadlines could result in reduced aid or no aid, as Episcopal’s budget for financial aid is limited.
• Plan ahead: Complete your tax forms early, as they are necessary as supporting documentation.
When should I apply and submit my financial information?
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What else do I need to know?
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What else do I need to know?
• Read the financial aid information available on the Episcopal website.
• On the PFS, fill in all “critical” fields.• On the PFS, give estimates and use zeros when appropriate (do
not leave items blank).• Keep copies of all forms and documents.• Make sure both parents submit the PFS, even if they are
divorced or never married.• Parents that are remarried or have a domestic partner should
include all adults in the household on the PFS.
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Additional resources are available on theSSS Website for Families at sss.nais.org
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How do I apply for financial aid?
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How do I apply for financial aid?
• Submit the financial aid application by completing the Parents’ Financial Statement (PFS)
• PFS Online: sss.nais.org/parents- SSS will charge a $35 nonrefundable fee (Pay by credit card, direct debit/ach, PayPal)
• Paper PFS: Receive from the school, or download PFS at sss.nais.org/parents. Mail to SSS.- SSS will charge a $47 nonrefundable fee (Pay by check money order)
• Mail or upload the required supporting documentation directly to SSS.
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How do I complete the Parents’ Financial Statement
online at sss.nais.org/parents?
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Go online to sss.nais.org/parents.
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Click on “Start a New PFS”
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The PFS application will guide you through each section.
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Input 2010 actual and 2011 estimated income.
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Input assets and debts.
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You will be asked what you think you can afford to contribute. Be honest.
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There will be an opportunity to explain situations not covered by the financial data. Tell your story.
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After submitting your PFS, submit (by mail or upload) the required
supporting documents.
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Need more information?
• PFS Application Helpline (800) 344-8328
• Information is availabel on the SSS website, sss.nais.org/parents, to help you understand financial aid and complete your PFS.
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