understanding financial aid 101: completing the 2016-17 ...css/financial aid profile . css/financial...
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Understanding Financial Aid 101:
Completing the 2016-17
Application Process
ND Financial Aid Application Process
• Free Application for Federal Student Aid
(FAFSA)
– Required for consideration for all federal financial aid
programs
• CSS/Financial Aid PROFILE
– Required for consideration for need-based
institutional scholarships
• Institutional Documentation Service (IDOC)
– Document collection service used to collect and
image supporting documents for verification (e.g. tax
returns, verification worksheet, etc.)
Priority Filing Dates
• February 15, 2016
– Free Application for Federal Student Aid (FAFSA)
– CSS/Financial Aid PROFILE
• March 1, 2016
– Institutional Documentation Service (IDOC)
Be Prepared
• Gather the following information for yourself and
your parent prior to beginning your applications:
– Social Security Number
– Most recent federal income tax returns, W-2(s), and
records of other taxable income
– Records of untaxed income
– Bank statements and records of investments
• The FAFSA and PROFILE are “smart”
applications
Free Application for Federal
Student Aid (FAFSA)
Federal Student Aid ID
• https://fsaid.ed.gov/npas/i
ndex.htmSign FAFSA
electronically
• Create ID for student
• Create ID for parent
• Used annually to
electronically sign your
FAFSA and access your
federal records
Free Application for Federal Student Aid
• Website: www.fafsa.gov
• You Tube: Completing the FAFSA for 2016, by PHEAA
• FAFSA on the Web Worksheet:
– Used as “pre-application” worksheet
– Questions follow order of FAFSA on the Web
IRS Data Retrieval Tool
• You Tube: IRS Data Retrieval Tool
• Applicant may submit real-time request to IRS for
tax data using FAFSA on the Web (FOTW)
• IRS will authenticate taxpayer’s identity
• IRS sends real-time results to applicant in new
window
• Applicant chooses whether or not to transfer data
to FOTW
• Data Retrieval Tool will be available February XXX
CSS/Financial Aid PROFILE
CSS/Financial Aid PROFILE
Notre Dame uses Question 524 which asks who saved the assets
reported in the student’s name.
Notre Dame School Codes
FAFSA 001840
PROFILE 1841
IDOC Service
Institutional Documentation Service
(IDOC) Process
• First email notices sent to student and parent if
email address provided on PROFILE
• Access IDOC portal at
https://idoc.collegeboard.org
• IDOC Portal available February 2, 2016
• Strongly encourage you to submit all documents
at one time
• Option for electronic upload
• Option for paper mail
