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Financial Aid

To apply for student financial aid from the federal government, including the Pell Grant and Stafford Loans, you will need to submit the Free Application for Federal Student Aid (FAFSA). The FAFSA is also required by all state and many school student assistance programs. The FAFSA is available in several formats, including online, PDF and paper versions. The best option is to complete the web-based version of the FAFSA at www.fafsa.ed.gov, known as FAFSA on the Web. It includes step-by-step instructions for completing the online FAFSA as well as pre-application worksheets.

STEPS IN APPLYING FOR AID USING ONLINE FAFSA

SUBMIT ALL YOUR OFFICIAL TRANSCRIPTS

In order to qualify for financial aid thru Pace University, you must be matriculated into a program. Your official transcripts from high school and all prior colleges must be submitted for this process.

CREATE YOUR FSA ID

Students are required to use an FSA ID, made up of a username and password, to access certain U.S. Department of Education websites. Your FSA ID is used to confirm your identity when accessing your financial aid information and electronically signing your federal student aid documents. Refer to the following website to create your FSA ID: https://studentaid.ed.gov/sa/fafsa/filling-out/fsaid

GATHER THE INFORMATION REQUIRED TO ENTER IN APPLICATION

  • Driver's license and social security card.
  • Income tax returns, W-2 forms, and 1099 forms for the previous year. If you are married, you will also need the documents for your spouse.
  • Current bank statements and mortgage information.
  • Records relating to stocks, bonds, mutual funds, and other investments.
  • Documentation of non-taxable income, such as Social Security income, AFDC, and Veterans Benefits.
  • Business and farm records.
  • Records relating to any unusual family financial circumstances, such as medical and dental expenses not covered by health insurance, tuition expenses at elementary or secondary schools, unusually high child care costs, death, divorce, and loss of employment.

COMPLETE YOUR APPLICATION

Please note that filing the prior year's tax return is necessary before starting this step.

Enter all necessary information at www.fafsa.ed.gov.

Need help filing the FAFSA? Be sure to view the videos available at
http://www.aie.org/fafsamadeeasy/videoarchive_english.cfm


If you still have questions about completing the FAFSA or federal student assistance programs, call the Federal Student Aid Information Center at
1-800-4-FED-AID (1-800-433-3243, TDD 1-800-730-8913)
from 9:00 am to 8:00 pm Eastern Standard Time, Monday through Friday.

If you have or are planning to file a FAFSA, please notify our office by completing the form below so we can facilitate the process from our end.


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Alternative Student Loans

Private student loans provide additional funding for a student that has not yet been matriculated into the NACTEL program or has hit the aggregate limit with Stafford Loans. Depending on the lender, private loan (alternative loan) terms can vary considerably based on your credit history.
Payment and interest can be deferred until 6 months after graduation, or as long as the student is enrolled at least halftime. Please note that INTEREST WILL ACCRUE DURING THIS DEFERMENT PERIOD AND IS ADDED TO THE PRINCIPAL, therefore you may wish to make interest payments while you are attending school. More information on alternative student loans is available at http://www.finaid.org/loans/privatestudentloans.phtml.

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