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Financial Aid

How to Request Financial Aid

A student requests assistance from the Financial Aid Office by completing and submitting the following materials:

(1) Thomas Aquinas College's Confidential Family Financial Statement (CFFS). This form is obtained from the College and submitted directly to the College's Financial Aid Office. The CFFS can also be downloaded from College's website.

(2) The Department of Education's Free Application for Federal Student Aid (FAFSA). The FAFSA is required of all U.S. citizens and permanent residents seeking financial aid fromt he College. The easiest way to complete the FAFSA is on-line at www.fafsa.ed.gov. (The student and at least one parent will need to request a PIN from www.pin.ed.gov in order to sign the FAFSA on-line.) The FAFSA can also be completed using a paper version of the form, but the processing time is much slower. Paper FAFSAs can be obtained from college counseling offices at most high schools or from the Financial Aid Office at Thomas Aquinas College.

The results of both the on-line and paper forms will be sent to the College so long as the College's schools code is included in the appropriate section of the FAFSA. The school code for Thomas Aquinas College is 023580. Thomas Aquinas College requires that parental income and asset information be included on the FAFSA for both dependent and independent students unless the Director of Financial Aid has specifically instructed otherwise.

(3) Tax returns: Beginning in 2010-11, all financial aid applicants must submit a signed copy of their parents' federal tax return with W-2s (T-4s for Canadians), supporting schedules, and K-1s, as well as a signed copy of the student's federal tax return with all W-2s (T-4s for Canadians), supporting schedules and K-1s.

If a student's parents have separated or divorced, the noncustodial parent's household (including spouse, if remarried) must provide a signed copy of their federal tax return with all W-2s (T-4s for Canadians), supporting schedules, and K-1s.

If a parent or student has applied for an extension to file the tax return, send a copy of the extension form to the Financial Aid Office by April 15th and then send a copy of the tax return when it is completed. You must correct the FAFSA and CFFS immediately after filing the tax return.

(4) Noncustodial Parent Statement: If a student's parents have separated or divorced, the noncustodial parent must complete a Noncustodial Parent Statement. This form is available on our website or may be requested by e-mail from the Financial Aid Office. As explained above, tax information is also required.

(5) Business Farm Supplement: If a parent or student is self-employed, owns a farm, or has an interest in a Limited Liability Company (LLC), Partnership or Corporation, he must complete a Business/Farm Supplement. The Business/Farm Supplement is available on the College's website or can be requested by e-mail from the Financial Aid Office.

A parent or student with an ownership interest in a Partnership, "C" Corporation or "S" Corporation may provide a signed copy of their most recent 1065, 1120 or 1120S tax return in lieu of the Business/Farm Supplement. All related schedules, balance sheets and K-1s must also be provided.

(6) Other Information: In some cases the College may require additional information to clarify unusual circumstances or to satisfy verification requirements of state or federal agencies.

(7) Loan application: If a student intends to borrow from the Stafford Student Loan program, and is an incoming freshman, a Master Promissory Note application (MPN) will be sent with the financial aid award letter. The MPN should be completed and returned to the College's Financial Aid Office along with the other signed financial aid paperwork. Alternatively, a student may complete his MPN online through the website of any one of the participating lenders. Please notify the Financial Aid Office by phone or e-mail if you have completed your MPN on-line. If a student intends to borrow from a source other than the Stafford Student Loan program (e.g. Canada Student Loan program), the appropriate forms should be obtained by the student and submitted to the loan agency.

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