You May File for Financial Aid Beginning October 1, 2017 Beginning October 1, 2017 all students may complete the Free Application for Federal Student Aid (FAFSA) for 2018-2019 academic year. Please go to www.fafsa.gov to complete your application. You will be using your 2016 federal income tax information. The IRS Data Retrieval Tool is now available for use this year and we suggest all students take advantage of this tool. To enhance security all tax information will be masked as it is imported into the FAFSA. Belmont Abbey College encourages all students to complete the FAFSA as soon as possible after October 1, 2017. All FAFSA’s should be submitted no later than February 1, 2018.
Also, North Carolina students must now verify their residency.
How to Apply for Financial Aid
All Students applying for any Premier Belmont Abbey College Scholarship must complete the Free Application for Federal Student Aid (FASA). The FAFSA Code for Belmont Abbey College is: 002910 www.fafsa.ed.gov We encourage you to apply for Financial Aid by our priority deadline of February 1, 2018.
Types of Aid
- Scholarships and Grants are considered gift aid and generally don’t have to be paid back (sometimes a repayment is required if a student withdraws);
- Loans are funds that you borrow and must be paid back, usually after you leave school.
Step by Step Instructions
- You should file your FAFSA as soon after October 1, 2017 as possible. Watch the short video below for more information on why you should file your FAFSA.
2. Before you begin both you and your parents need to create a FSA User ID and Password. Watch the video below for instructions.
3. Use your 2016 Federal Income Taxes to complete the information on the FAFSA Watch the short video below for more information.
4. What happens next? The short video below will explain what happens next.
Tax Transcript Information
How to Get a Copy of Your Tax Transcript Information: A tax return transcript shows most line items from the tax return (Form 1040, 1040A, or 1040 EZ) as it was originally filed, including any accompanying forms and schedules. It does not reflect any changes you, your representative, or the IRS made after the return was filed. In many cases, a transcript will meet the requirements of lending institutions such as those offering mortgages and student loans. You should receive your tax return transcript within 10 working days from the time the IRS receives your request. To request a transcript by phone call: 1-800-908-9946 or you may print a copy of your tax transcript at http://www.irs.gov/Individuals/Get-Transcript.