Renewal Application Procedures
- Every year, at the start of the spring semester, returning students are mailed a FAFSA reminder postcard on the financial aid process for the upcoming academic year.
- The postcard is mailed to the students' home mailing address.
- Additional email reminders will be sent throughout the spring semester.
- The FAFSA must be completed by April 15th for all students applying for need-based aid programs.
The financial aid review process for returning students begins upon the completion of the spring semester, at which time academic progress is evaluated.
Students who wish to borrow a Federal Direct Loan will automatically be reviewed for the loan.
Students' parents applying for a PLUS loan must renew the request annually by going through a credit check and requesting a new loan at www.studentloans.gov. PLUS borrowers are encouraged to wait until July 1st to complete their PLUS application request.
Alternative Loans must be reapplied for annually starting in June. Interested borrowers should go to www.elmselect.com for additional and comparative information on private education loan products.Apply for the PLUS and Alternative Loans for the full academic year.
Step 1: Complete Federal tax return as soon as possible after January 1.
We recommend that you file your federal tax return(s) as soon as possible, so you can take advantage of the IRS Data Retrieval Tool when completing the FAFSA. Using the IRS Data Retrieval Tool will help you complete your FAFSA faster and more accurately! It is available for those who submit a FAFSA online and will allow you to pull parent (where applicable) and student (where applicable) tax-filing information directly from the IRS onto your FAFSA. Note: If you are not eligible to use the IRS Data Retrieval Tool, you will still find the FAFSA much easier to complete with complete federal tax return data.
Step 2: Make sure you have the FSA ID you created with the Department of Education.
All students completing a FAFSA must have an FSA ID. If the student is a dependent student, at least one parent must also have an FSA ID. If you do not know or have lost your FSA ID, please read the instructions.
Step 3: Submit the FAFSA by February 15 (School code 003296).
Returning students who wish to be considered for federal aid, state and institutional need-based financial aid must complete a Renewal FAFSA each year. The Renewal FAFSA should be completed online as soon as possible after January 1 for the upcoming academic year. The priority filing date for returning Marywood students is April 15th. The Free Application for Federal Student Aid is a free application at www.FAFSA.gov.
Be cautious of paid filing organizations and services such as FAFSA.com.
Step 4: Check your email for FAFSA results and errors.
If you provided a valid social security number and email address, you will receive an email notification approximately 3 days after submitting the online FAFSA with instructions for viewing and printing your Student Aid Report (SAR). The SAR is notification of your application and eligibility status and provides a means of correcting and confirming your application data. If you did not provide a valid email address or a valid social security number a paper SAR will be mailed to you. Check your SAR for accuracy and make sure that Marywood University is listed as a recipient of your information. As long as Marywood University is listed as a recipient of your data, that information should be transmitted electronically to the institution for review.
Step 5: Submit additional requested documentation promptly.
If you were selected for verification or other documentation has been requested by the Financial Aid Office, we strongly recommend that you respond within 14 days of the date of our request . Failure to do so could result in delays, reductions, and cancellation of your aid. Some of the most common reasons for additional documentation requests include but are not limited to; verification, selective service registration, proof of social security number and/or date of birth, veteran status or proof of citizenship. If you have been selected for verification, please review the verification instructions.
Step 6: Submit the Scholarship Notification Form if you expect to receive an outside scholarship(s).
If you expect to receive any outside assistance or scholarships (any funding not administered by Marywood University and not on your Financial Aid Award Letter), you must report that aid to the Financial Aid Office immediately. Outside scholarships and assistance should be reported using the Scholarship Notification Form.