How Do I Apply for Financial Aid?
The first step is to complete a Free Application for Federal Student Aid or FAFSA. This is a financial aid application form used for federal and state grants, work study, and loans.
FAFSA on the Web
You can complete, submit, and track your application on the FAFSA website at www.fafsa.ed.gov. This is the easiest way to apply for federal aid. Make sure you fill in the correct Federal School Code on your FAFSA application. You can locate the Federal School Code by using the Search for School Codes link on the main page of the FAFSA website.
Your FAFSA PIN
Once you submit your online FAFSA application, apply for a PIN (Personal Identification Number). Your PIN is a unique personal identifier that gives you access to your personal information on U.S. Department of Education websites. Your PIN also serves as your electronic signature on federal applications so do not share it with anyone.
Before You Apply
We recommend that you have your income information available before filling out the FAFSA. Please note that you do not have to file your income tax return with the IRS before you fill out the FAFSA.
What Happens After You Apply?
A few days after you submit your FAFSA, you should receive an email or mailed form from the U.S. Department of Education called a Student Aid Report (SAR). Your SAR contains the data you entered on the FAFSA. Review the SAR carefully for errors and submit any necessary corrections. Your SAR also contains information on what you are expected to contribute to your total costs. The Financial Aid department can help explain to you the information on your SAR.
Applying for Loans
Loans let you pay your education expenses over a long period of time at a low (and often tax deductible) interest rate. Some loans are need based, while others are available to nearly everyone.
TESST College of Technology students are eligible to apply for the Title IV federal student loan programs. Federal loans are generally lower interest rate loans offering students a grace period in which payments are not due, as well as multiple repayment plans. The school currently offers Subsidized Stafford, Unsubsidized Stafford, and Parent Plus loans through the William D. Ford Direct Loan program with the U.S. Department of Education.
Whether you are a first-time borrower or a continuing student borrower, you may apply for a Direct Loan. Students can apply for a Direct Loan by completing a Free Application for Federal Student Aid (FAFSA) and by electronically signing a Master Promissory Note (MPN).
Many banks offer alternative student loans. Rates and conditions vary, so it is important to review all available information. These lenders usually provide streamlined loan processing, competitive rates, and reliable service.