The financial aid application season is officially upon us. With the 2016-2017 CSS PROFILE now available and application deadlines just around the corner, we want to share some helpful tips with our readers.
Before we jump into these, let’s first discuss the financial aid application requirements. At Northeastern, incoming freshmen and transfer students who are interested in applying for financial aid must complete two forms. The first of which is the College Board’s CSS Financial Aid PROFILE. The CSS PROFILE collects financial information from both the student and parent(s) and is used to determine a student’s eligibility for need-based institutional dollars. For those who are applying Early Decision or Early Action, be sure to submit your CSS PROFILE before the deadline date to receive a tentative financial aid award along with your admissions decision. When submitting your CSS PROFILE, include Northeastern as a recipient by using our school code, 3667. There is an associated fee of $25 to send your completed PROFILE to the first school and $16 for each subsequent school. Some students may be eligible for a fee waiver, as determined by College Board.
In addition to completing the CSS PROFILE, students must also complete the Free Application for Federal Student Aid (FAFSA). This form, which can be completed at no cost, is at the center of the financial aid world. The FAFSA allows students the opportunity to be considered for financial assistance from both federal and state sources. Similar to the CSS PROFILE, you must include our school code to ensure we receive your information. For the FAFSA, this code is 002199.
If this is the first time you’re hearing of these forms, don’t panic. There is still plenty of time to apply. We suggest keeping these tips in mind to help you navigate the process.
1. Be mindful of all deadlines. Our priority filing deadlines are always posted on our website. They vary by student population, so make sure to review the appropriate information. Below are the priority filing deadlines for incoming freshman and transfer applicants,
2. Submit your financial aid application materials as soon as possible. Don’t wait until you have received your admissions decision or completed your taxes to apply for financial aid.
3. Use our Net Price Calculator for an estimated financial aid award and out of pocket cost based on your
4. When completing the FAFSA, take advantage of the IRS Data Retrieval Tool, if you’re eligible. This tool populates the information from your completed tax return directly onto the FAFSA, simplifying the process for you.
5. Be consistent when completing all required forms and application materials.
We understand that the financial aid application process can be complex. If you have questions or need assistance, let us know!