To review a series of questions to determine your dependency status, please click on the link below.
Financial Aid Application Process (FAFSA)
Step 1: Obtain a Federal Student Aid ID (FSA ID)
In order to log in and sign the Free Application for Federal Student Aid (FAFSA), both the student and one parent need to create a FSA ID from the U.S. Department of Education (ED).
Step 2: Complete the Free Application for Federal Student Aid (FAFSA)
The FAFSA application is the only form needed to apply for institutional, state, and federal financial aid at MSOE. MSOE encourages you to complete the FAFSA online. When filing, you will need to list MSOE’s school code, which is 003868. You can start filing the FAFSA beginning October 1 for the next academic year. For example, a student wishing to start at MSOE in fall 2019 can file the FAFSA beginning October 1, 2018. We encourage you to have your FAFSA filed by our priority deadline of January 1, 2019.
Returning students must reapply for Financial Aid each year.
Families are encouraged to use the IRS Data Retrieval Tool when completing the FAFSA application. This tool allows you to directly import your federal tax information into your FAFSA.
MSOE receives your submitted application electronically from the U.S. Department of Education. We will contact you beginning in late November to let you know we have received your FAFSA. MSOE begins processing applications and sending award offers out after January 15 for prospective MSOE students and April 1 for returning MSOE students.
Step 3: Complete Verification (if selected)
Verification is the federal process of verifying or confirming the information provided on the FAFSA is accurate. The Student Aid Report (SAR) you receive after your FAFSA is processed will indicate if your FAFSA has been selected for verification. Roughly one third of all FAFSAs filed are selected for this process.
If selected, you will be required to submit a MSOE Verification Worksheet plus the following documents to MSOE:
- You and your parents’ IRS Tax Transcript. You and your parents can request IRS tax transcripts by contacting the IRS at (800) 908-9946 or visiting the IRS Website. Or you can update your FAFSA application using the IRS Data Retrieval Tool. This tool will allow you and your parents to transfer tax information directly from the IRS on to the FAFSA.
- Independent students and parents of dependent students who did not file a federal tax return in 2017 would need to request an IRS Non-Filing Letter.
- Your and your parents’ 2017 W2 forms.
MSOE will notify you by mail or MSOE email if you are selected for verification. MSOE cannot disburse your federal and state aid until completion of the verification process
Step 4: Respond to Your Award Offer
Once you have completed the FAFSA, MSOE will use your FAFSA to determine your eligibility for institutional, state and federal funds. The MSOE Financial Aid Office will generate a financial award offer listing all eligible financial aid. New student financial aid award offers are mailed after January 15 and returning MSOE students will receive an award offer notification via MSOE email after April 1. You can accept your award online.