Tougaloo college catalog 2013 2015

Tougaloo College Allow 4-6 weeks for processing time. Tougaloo College Title IV code for the FAFSA is 002439. Complete the Tougaloo College Financial Aid Application. First-year and transfer students must submit applications by April 15. Continuing students should submit applications by May 1st. Students may apply for aid electronically on the web at www.fafsa.ed.gov or with the paper FAFSA that is available from your high school, local library or college.

2. The FAFSA will generate a Student Aid Report (SAR). The Financial Aid Office will receive the report electronically.

3. If selected for verification, the Financial Aid Office will notify the student of the documentation required to complete his/her file. This will include a copy of the student’s prior year federal income return, as well as the student’s parents’ return if the student is a dependent student or the student’s spouse’s return if the student is married.

Additional documentation may be required in some cases. The verification process could take up to four weeks to complete.

4. If the verification process results in the mandatory corrections of the student’s information the Financial Aid Office will resubmit your SAR electronically to the federal processor. The average turn-around time is two weeks.

5. Once the student’s file is complete, it will be reviewed, and if the student is eligible a financial award letter will be generated. The student will receive an official award letter listing the programs and the amounts being awarded. The student will be required to accept or reject the awards and return the signed copy of the award letter to the Financial Aid Office. All aid will be disbursed equally for each semester.

6. If the student accepts the loan, he/she will be required to sign a master promissory note (MPN) the first year he/she receives the loan. The promissory note will be printed by the U.S. Department of Education. Students will be notified when to come and sign their note.

7. If the student receives outside scholarships, it is his/her responsibility to notify the Financial Aid Office. The student’s award will be reviewed and adjusted, if necessary, to comply with federal regulations. If the outside scholarship exceeds the unmet need remaining after College and federal aid has been issued, the student’s Page 70