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Apply for Financial Aid: Continuing Undergraduate
Continuing undergraduate students must reapply for financial aid each year. The FAFSA should be completed online at www.fafsa.ed.gov by the priority deadline of May 1 for AU need based financial aid consideration.
Step 1: FAFSA
Complete the Free Application for Federal Student Aid (FAFSA) online atwww.fafsa.ed.gov for the academic year in which aid is being requested.
To ensure accurate and efficient completion of the FAFSA, the Financial Aid Office recommends that the dependent student and a custodial parent file taxes (if applicable) before filing the FAFSA. This provides students and parents the option of utilizing the IRS Data Retrieval Tool (DRT). By selecting the DRT option, student and parent IRS tax return information will populate the appropriate fields on the FAFSA. Please note the DRT option is available for use approximately two weeks after filing IRS tax returns.
American University School Code for the FAFSA is 001434.
Both the dependent student and a cusotdial parent will need to fill out or renew the FAFSA each year
The CSS Profile is not required for graduate students or currently enrolled undergraduates.
A pin number is required to electronically sign the FAFSA. Both the dependent student and parent may request a pin at www.pin.ed.gov .
Failure to file the FAFSA by the May 1 deadline will result in a reduction or loss of institutional financial aid for the upcoming academic year.
Step 2: Review the Student Aid Report (ISIR)
Once a FAFSA has been submitted, an electronic Student Aid Report (SAR) from the U.S. Department of Education « less
Do I need to fill out a FAFSA to keep my merit scholarship?
No, merit recipients do not need to complete a FAFSA to keep their scholarships.Â They only need to have met AUâ??s satisfactory academic progress (SAP) requirements in the previous academic year.
When will my financial aid package post on my AU portal for next year?
In general, returning students who have filed a FAFSA on time and have submitted any requested documents are able to view their packages on their AU portals by July 1st.
Will my financial aid change after my first year?
The financial aid office evaluates a studentâ??s financial aid eligibility each year. Provided that studentsâ?? financial circumstances remain relatively the same, our office will make every effort to ensure consistency in student financial aid awards.Â Families should complete the FAFSA each year by the prescribed financial aid deadlines for maximum consideration of aid.Â However, if your family financial circumstances change significantly from year to year this could affect your aid package during the next academic year.