FAU Financial Aid Timeline
Here is a chronological guide of important dates within the financial aid process at FAU. Use this as a checklist and guide to understanding what actions you should be taking throughout the Academic Year!
Financial Aid Timeline
Family Education Rights and Privacy Act (FERPA)
A FERPA form must be on file in the Registrar's Office in order for anyone other than the student to receive information on a student's account. Review information on the Family Education Rights and Privacy Act (FERPA) of 1974.
Example: If a FERPA is not on file and a parent calls to get financial aid information on their son/daughter, the financial aid office will only give out general information in regards to the student.
FAU STUDENTS (over 18 years of age): If you would like to give permission for another person to receive information on your student account, download/print the FERPA Form and submit the completed form to the Registrar's Office. You will need you to show your I.D. (FAU Owl Card or Driver's License/State ID) when you submit this form.
Cost of Attendance
Applying for FAFSA and using IRS Data Retrieval
We strongly encourage students to complete the 2021-2022 Free Application for Federal Student Aid (FAFSA) available October 1, 2020 using IRS Data Retrieval. By using the IRS Data Retrieval feature it saves time and effort in the following ways:
- No need to locate your tax return records;
- No need worry about making mistakes entering your tax return information on your FAFSA;
- If you use the IRS DRT and do not change any of the retrieved information in your FAFSA, you won't need to provide tax transcripts to the financial aid office if you're selected for federal verification;
If you need help with using the IRS DRT, here is a helpful video tutorial that clearly explains the process. Or as always, stop by or contact the financial aid office. Also, for more information about the FAFSA check out this short video.
Florida Atlantic University's first 2021-22 financial aid application filing priority deadline is January 1, and the second priority deadline is March 1.
Critical Steps for Timely Disbursement
Apply for Financial Aid early by submitting the FAFSA
Completing the Free Application for Federal Student Aid (FAFSA) is the first step in the financial aid process. Use it to apply for federal student financial aid, such as the Pell Grant, student loans, and college work-study. (When filling out your FAFSA also make sure you click on the 'FSA ID' link to create an FSA ID - a username and password which has replaced the Federal Student Aid Pin and must be used to log in to certain U.S. Department of Education websites [Create FSA ID].)
Our school codes are:
- 001481 - Boca Raton Campus
- E00584 - Davie Campus
- E00830 - Jupiter Campus/Honors College
Complete the FAFSA online beginning October 1 for the upcoming academic year to be eligible for most forms of aid. The first FAU priority deadline is January 1, the second priority deadline is March 1. All applications received after March 1 will be reviewed in order they are received. NOTE: When filling out the application, make sure to complete the planned housing code (on Step 6, Housing Plan, on your FAFSA form) with your appropriate housing status, since leaving this section blank could result in underfunding. If you are unable to complete the FAFSA due to extenuating circumstances please contact the financial aid office.
NOTE: Students must be admitted to Florida Atlantic University into a degree-seeking program in order to be eligible to receive most forms of financial aid (such as loans and work-study).
Apply for Scholarships
During your senior year in high school, start researching outside and private scholarships beginning in January. There are a host of available scholarships that will assist students in paying for their college education. It just takes time and patience to read through each scholarship. Apply for those scholarships in which you are meeting the criteria. Be sure to keep in mind the application deadline date of each scholarship when applying.
If you are bringing in scholarships from a private source, please follow these steps.
Review our database of Scholarships, which includes FAU specific scholarships as well as scholarships from other entities for various achievements.
There is no need to pay a search service to find scholarships for you because there is a wealth of information available free of charge on numerous websites.
FAU Scholarships are offered right before the Fall semester begins for Fall/Spring semesters. Make sure that you submit your scholarship application and other documents by each scholarships deadline date. Most scholarships are not available during summer semesters.
Estimating Your Costs
Review the Net Price Calculator to estimate your cost of attendance – including tuition, required fees, books, supplies, room, board (meals) and other related expenses.
For those students who have been accepted to FAU and received financial aid offers, the Financial Aid Disbursement Estimator tool gives you an estimate of what financial aid may disburse based on your FAU enrollment and financial aid offer status at that time. This tool is available on FAU Self-Service under Financial Aid.
There are various Offer Projection Estimators that will give estimates on college costs.
Complete All Student Requirements
Students will not receive a financial aid offer until all required documents have been submitted and satisfied. Students will receive an email at their FAU email account to view these requirements or students may review student requirements online via FAU Self-Service to make sure that you do not have any unsatisfied requirements:
STEP 1: Access Financial Aid section of FAU Self-Service via MYFAU
- Sign into MYFAU with your FAU credentials
- Click/tap the "Money Matters!" tile
- Click/tap the "Your Financial Aid" tile to go directly to Financial Aid within FAU Self-Service
- Sign into MYFAU with your FAU credentials
- Click/tap the "FAU Self-Service" tile to access FAU Self-Service
- Click/tap the "Financial Aid" tab to access Financial Aid within Self-Service
STEP 2: Reviewing requirements within FAU Self-Service
- Click/tap the "Financial Aid Status" tile
- If prompted, select "Academic Year" from the drop-down list
- Click/tap the "Student Requirements" link
If you have been selected for Verification by the U.S. Department of Education or the FAU Office of Student Financial Aid, you will need to submit the Verification Worksheet and/or other documents ASAP, to avoid further delays in the offer process. Learn more about the Verification Process.
Accepting your Financial Aid Offer
Students will receive an email at their FAU email account to review/accept/decline their financial aid offer online via FAU Self-Service. The financial aid office will begin the offering process as follows for the upcoming academic year (dates are subject to change):
- March 15 - Incoming (First Time In College) Students
- April 15 - Returning FAU Students
- April 15 - Transfer Students
The financial aid offer package will be based on full-time enrollment (Undergraduate = 12+ credit hours, Graduate = 9+ credit hours). Most financial aid offers will be prorated down if you are enrolled less than full-time. Most financial aid offers require a student to be enrolled in a minimum of 6 credit hours.
Pell Grant, the Bright Futures Scholarship and some other scholarships will be accepted for you automatically; however, you must accept or decline student loans, other grants and/or work study. Private loans require application to the lender of your choice.
Complete Entrance Counseling
(Only complete if student is accepting a Direct Loan for the first time)
If you accepted or requested a loan, you will receive an email to your FAU email account directing you to complete the 20-30 minute online tutorial that serves to educate you on your rights and responsibilities as a loan borrower. Upon completion, print the confirmation page for your records. If you are a first time borrower, your student loans will not disburse until you log on to Student Aid and complete the Entrance Counseling requirement. After completing the Entrance Counseling, FAU will receive your submission electronically within 3-5 business days and update this requirement as satisfied on your financial aid account.
E-Sign your Master Promissory Note (MPN)
(Only complete if student is accepting a Direct Loan at FAU for the first time)
If you accepted or requested a Federal William D. Ford Direct Loan or PLUS Loan, you will receive an email via your FAU email instructing you to sign a Master Promissory Note (MPN). This serves as your loan agreement contract. Visit StudentAid.Gov to complete and electronically sign your MPN. After completing the MPN, FAU will receive your submission electronically within 3-5 business days and update this requirement as satisfied on your financial aid account.
If you have requested a private loan with a private lender you will need to sign an MPN with your chosen lender. Contact the lender or visit their website for more information.
Step 8: Sign up for Direct Deposit Online
Direct deposit is a fast, safe and convenient way to receive your financial aid refunds. It's easy! Students sign up online with your existing bank account! For more information regarding the direct deposit online form and FAQs. View Disbursement Information.
Need Money to Buy Books? (How to buy books tutorial)
Two options students have for assistance purchasing textbooks before the disbursement of financial aid include:
Submit the Mandatory Course Entry Quiz
Students will be required to complete the Mandatory Course Entry Quiz for ALL classes enrolled. According to Federal Regulations, a student is considered not to have begun attendance if a school is unable to document the student's attendance in each class. The quiz must be completed for each course in order for financial aid to disburse.
In addition to completing the Mandatory Course Entry Quiz, students are required to maintain eligibility for Title IV funding by displaying documented academic activity in the course. Examples of valid forms of documented activity include faculty attendance rosters, graded assignments, quizzes, or exams. Students should be aware that they may be required to repay any aid disbursed for a course for which they have no documented academic activity, even if the Mandatory Course Entry Quiz was completed.
Make sure that you have read the Terms & Conditions of Offers. These terms are outlined for you to understand how financial aid may impact the amount of money you are eligible to receive.
Email notifications will be the primary method of communication between students and the Office of Student Financial Aid. It is the responsibility of the students to frequently monitor their FAU email account for notifications sent from this Office. It's to your benefit to regularly check your status, student requirements and financial aid offers. Offers may be modified if this Office receives updated information.
Students must adhere to policies and rules/regulations set forth by the Office of Student Financial Aid. Click for more information on these policies.
Keep your information up-to-date with the Registrar's Office (i.e. phone numbers, mailing address, etc.).