Financial Aid FAQ

Financial Aid FAQ

 

Question and Answer

  • Question

    When should I apply for financial aid?

    Answer

    Each year the new FAFSA application is available starting January 1. Submit your application as soon as possible after that to improve your chances of receiving financial aid, and to hold your classes.

    Financial aid documents are processed on a first-come first-served basis, so if the Financial Aid Office

    requests additional information for your file, it’s important that you provide it as soon as possible. Check your student email account frequently.

  • Question

    What is the deadline for financial aid?

    Answer

    The Financial Aid Office must receive your completed financial aid application by each semester’s tuition deadline to hold your classes. Otherwise, students must pay their tuition in full or set up a payment plan by tuition due date.

  • Question

    What do I need for the FAFSA form?

    Answer

    Aside from basic identification information (your driver’s license number, Social Security number, address, etc.), you will need to provide information related to your own income, earnings, property value and your academic goals (the degree or certificate you seek).

    If you are a dependent or married, you will also need to provide earnings and income information for your parents or your spouse. You can preview a FAFSA PDF here.

  • Question

    What is my FAFSA code?

    Answer

    The Anoka-Ramsey FAFSA code is 002332.

  • Question

    Have you received my FAFSA?

    Answer

    Allow several weeks to receive notification. You will receive a postcard and notification to your student email address when we have your FAFSA results.

  • Question

    When is my disbursement check coming?

    Answer

    Financial aid will disburse to student accounts beginning the third Wednesday of the term. Check your status on your student email account, using your Student ID and PIN. Students should monitor their account balances throughout the school year.

  • Question

    When will I receive my excess funds/overage?

    Answer

    If the amount of your financial aid award exceeds institutional charges, the credit balance overage will be applied to your financial aid account via direct deposit or mail within 14 days. Often, the credit balance overage is applied the third Friday of the term and each Friday thereafter.

  • Question

    Can I charge books against my financial aid?

    Answer

    If you qualify for financial aid, and the amount you receive exceeds your tuition and fees, you may Charge Your Books to your financial aid account. Book charges are allowed one week prior to the semester and the first week of the term (excluding holidays). You must have a FAFSA on file in order to charge your books.

  • Question

    How do I get my Tax Return Transcript?

    Answer

    Use this form: Form 4506-T to request a Tax Return Transcript. For more help, visit: IRS.gov/Individuals/Get-Transcript.

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