How to Apply for Financial Aid
- You must either be a U.S. citizen or permanent resident to qualify for federal financial aid. Aid is awarded according to two principles: need and merit. Financial aid is distributed on an academic-year basis, and students must reapply for aid each year. All forms of financial aid will be credited one-half per semester to your University billing account. Funds that exceed your semester charges will be refunded directly to you by the Bursar’s Office.
- You must file a FAFSA form if you are requesting need-based financial aid from federal or institution sources. The FAFSA should be submitted directly to the federal processor online at www.fafsa.ed.gov.
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Suggested filing date:
Entering Students: March 1
Current Students: April 15
- On the FAFSA form, our college name should be listed only as: University of Virginia, Title IV Code: 003745
- If estimated figures are used when completing the FAFSA, you must use your Student Aid Report (SAR), sent to you by the Federal Student Aid Center, to provide the correct information. The SAR is to be used whenever changes need to be reported. A xerox copy of these changes should be sent to the Financial Aid Office before you return the revised SAR back to the processor.
- All students seeking financial aid must complete the Institutional Application for Financial Aid. Students must complete a similar form each year to continue to receive financial aid. Current students will be notified when the form is available from the Financial Aid Office and its appropriate submission date.
- Please note that, although provision of a social security number is optional in the admissions process, an applicant for finanical aid must provide a social security number for FAFSA matching purposes.
- The Federal Central Processor may select some financial aid applications for verification. If your application is selected for audit, you will be asked to provide signed copies of your (and your spouse’s, if appropriate) federal tax forms, W-2 forms, or other financial documents to compare with information on the financial aid application. Title IV funds will not be available until the verification process is complete and any discrepancies are resolved. Our office may also elect to verify students’ files not selected for federal verification.
