How to Apply – Office of Student Financial Aid (2024)

To be considered for most forms of financial aid awarded by our office, you need to complete and submit theFree Application for Federal Student Aid (FAFSA). The University of Illinois Federal School Code is 001775.

Students interested in being considered for state aid as part of theRISE Actcan learn more about the Alternative Application.

If you’re applying for financial aid for fall 2024, spring 2025, or summer 2025, complete the 2024-2025 FAFSA.

The 2024-2025 FAFSA must be submitted to be considered for aid for fall 2024, spring 2025 or summer 2025. Our preferential filing date for 2024-2025 year is April 15, 2024; however, you are encouraged to submit your FAFSA as soon as possible to be considered for all federal, state, and institutional financial aid programs. It must be submitted prior to your last date of attendance or June 15, 2025, whichever is earlier. You will use 2022 income and tax information to complete your 2024-2025 FAFSA.

Students who are planning to attend summer 2025 must also complete an OSFA summer financial aid application. The application will be available on our OSFA homepage in April 2025.

Other FAFSA Application Information

Students and parents also need to create a Federal Student Aid (FSA) ID to electronically sign federal student aid documents, including the FAFSA. To create your FSA ID, please visit Federal Student Aid’s website.

Additional information on how to complete the FAFSA is available through the 7 Easy Steps to the FAFSA: A Student’s Guide to the Free Application for Federal Student Aid tutorial.

Scholarship Application Information

Academic awards and scholarships are primarily awarded by the college or department in which the student is enrolled. Search for a scholarship will help you identify scholarships. Students are also encouraged to complete the Undergraduate Scholarship Supplement Form. This form collects supplemental information that’s used in the selection of recipients for restricted scholarship funds.

Making a Change

If there was a significant change in your family situation from the information on the 2024-2025 Free Application for Federal Student Aid (FAFSA), OSFA can re-evaluate financial aid eligibility to reflect catastrophic changes in the family financial situation. This process is called a Special Circ*mstance.

If there was a significant change from the information on the 2024-2025 FAFSA, please review https://secure.osfa.illinois.edu/specialcirc/ to determine if you might qualify for a re-evaluation.

For adjustments to be made, the total household income must be at least 20% less with a minimum of a $2,000 decrease. If you are seeking a review of the 2024-2025 FAFSA, there must be a significant loss in either 2023 or projected 2024 income.

Please note that OSFA will only re-evaluate your financial aid eligibility under serious circ*mstances.

Requests are reviewed on a case-by-case basis and your submission of the form does not guarantee we will be able to award additional funding. The University of Illinois does not negotiate financial aid or try to match offers from other colleges.

Unusual Circ*mstances

Dependency status is determined by the response to a series of questions (more information from Federal Student Aid: https://studentaid.gov/apply-for-aid/fafsa/filling-out/dependency) on the Free Application for Federal Student Aid (FAFSA), and schools may update a student’s dependency status in limited situations. Also referred to as a Dependency Appeal, the University of Illinois Urbana-Champaign has the authority to update a student’s dependency status in highly extraordinary circ*mstances where there is a serious family problem beyond the control of the student. Potential situations that might merit a dependency override include abusive and/or unsafe family environment, abandonment, inability to locate parents, etc. The process and requirements for requesting a reevaluation of your dependency status due to an unusual circ*mstance can be found on this form.

How to Apply – Office of Student Financial Aid (2024)

FAQs

How do I ask for more money from the financial aid office? ›

To request an aid adjustment, contact your school's financial aid office. Your school may ask you to provide documentation about your circ*mstances so that they can consider making an adjustment to your FAFSA information and aid offer.

What do you say when asking for financial aid? ›

Your letter should clearly state the facts of your family's financial situation and your financial need. It should explain why you need additional aid, even if the reason is something you find difficult or even embarrassing to talk about. Be candid and honest about your family finances.

What is the most common mistake made on the FAFSA? ›

Some of the most common FAFSA errors are: Leaving blank fields: Too many blanks may cause miscalculations and an application rejection. Enter a '0' or 'not applicable' instead of leaving a blank. Using commas or decimal points in numeric fields: Always round to the nearest dollar.

What are three helpful hints for applying for FAFSA? ›

7 Tips for Filling Out the FAFSA
  • Ensure that your school and program are FAFSA-eligible. ...
  • Determine your dependency status. ...
  • Collect all required information and documents. ...
  • Start your FAFSA application early. ...
  • Review all information before submitting. ...
  • Ask for help if needed.
Feb 6, 2024

How can I get extra money from financial aid? ›

How can I get more aid?
  1. searching and applying for scholarships.
  2. working at an on-campus part-time job.
  3. getting on a payment plan with your school's billing office to help you meet your remaining costs by making several payments throughout a semester.

How to get the most money from FAFSA? ›

Also remember that FAFSA isn't the whole picture when it comes to financial aid.
  1. File Early. Perhaps the easiest move you can make is to fill out the FAFSA as early in the year as possible. ...
  2. Minimize Your Taxable Income. ...
  3. Clarify Who Owns Your Assets. ...
  4. Don't Assume You Won't Qualify. ...
  5. FAFSA Isn't the Whole Picture.

How do I write a letter to the financial aid office? ›

How to write a financial aid appeal letter
  1. Don't wait to write your appeal letter. ...
  2. Address a specific person. ...
  3. Be clear and concise. ...
  4. Use specific examples to support your claim. ...
  5. End on a positive note. ...
  6. Financial aid appeal letter example. ...
  7. Another school offers more financial aid. ...
  8. Your financial circ*mstances have changed.
Sep 5, 2023

What is an example of a financial aid request? ›

Unfortunately, my family cannot afford the cost (see link) to attend RIT, so I am asking for your help with financial assistance. I am writing to request partial or full financial support for my education. If you need additional information please let me know. I will gladly provide you with the information you need.

Should you answer yes to need based financial aid? ›

Need based grants examples include the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG) and state-based grants. In other words, always say “yes” to grants if your child receives them on the financial aid award! However, check into the requirements for the grant.

What is considered poor for FAFSA? ›

There is no set income limit for eligibility to qualify for financial aid through. You'll need to fill out the FAFSA every year to see what you qualify for at your college. It's important to make sure you fill out the FAFSA as quickly as possible once it opens for the following school year.

What happens if you accidentally put wrong info on FAFSA? ›

A mistake on your FAFSA can delay the processing of your application for financial aid. If your FAFSA is verified and contains errors, it can cost you.

How to beat the FAFSA? ›

Basic Principles
  1. Reducing income during the base years.
  2. Reducing “included” assets. ...
  3. Increasing the number of family members enrolled in college and pursuing a degree or certificate at the same time.

What are 4 things needed to complete FAFSA? ›

FAFSA Document Checklist:

Your Social Security card and driver's license, and/or alien registration card if you are not a US citizen. Your 2023 federal income tax returns (you don't have to wait - you can use the most recent returns you have from last year), W-2s, and other records of money earned.

What is the fastest way to complete the FAFSA? ›

The easiest, fastest, and most accurate way to complete a FAFSA form is using the online application and providing consent and approval for the access, disclosure, and use of federal tax information (FTI).

How much does FAFSA give based on income? ›

The FAFSA formula doesn't expect students or families to use all of their adjusted available income to pay for college. The formula allocates 50 percent of a dependent student's adjusted available income to cover college expenses and anywhere from 22 to 47 percent of parents' available income.

How do you negotiate higher financial aid? ›

5 Steps To Negotiate More Financial Aid
  1. Step 1: Access Changes In Your Financial Situation. ...
  2. Step 2: Gather Relevant Documents. ...
  3. Step 3: Compare Other Aid Offers From Comparable Colleges. ...
  4. Step 4: Write A Letter Appealing For More Aid. ...
  5. Step 5: Wait To Pay The Deposit. ...
  6. What Won't Work.
Mar 29, 2024

How do you ask for more scholarship money? ›

Ask the school if it can offer more scholarship money to make your attendance more feasible. Applicants should use family circ*mstances as compelling reasons for the school to reconsider. A substantial income change, medical issues, or childcare expenses could help sway the decision in your favor.

How do I write a letter to financial aid for more money? ›

How to write a financial aid appeal letter
  1. Don't wait to write your appeal letter. ...
  2. Address a specific person. ...
  3. Be clear and concise. ...
  4. Use specific examples to support your claim. ...
  5. End on a positive note. ...
  6. Financial aid appeal letter example. ...
  7. Another school offers more financial aid. ...
  8. Your financial circ*mstances have changed.
Sep 5, 2023

What increases your total loan balance in FAFSA? ›

Interest accrual, interest capitalization, fees, deferment, forbearance, and grace periods can all increase your student loan balance. Paying more than the minimum each month, making extra payments, and paying interest while in school can help reduce your loan costs.

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