Students will not have to complete a summer application for financial aid. We will review students for loan eligibility as long as the student is enrolled in at least 6 hours for any combination of the summer semesters and a completed 2012-2013 FAFSA is on file. The review will be automatic and will begin around the first week of April. E-mails will be sent to students once the student has been packaged for summer. The process for accepting aid for summer will be the same as it is for the fall/spring semesters. For additional information, please click here.
Applying for Federal Aid
Follow these steps:
Step 1: Complete/Submit the FAFSA
Southeast’s Priority Financial Aid Deadline: March 1
The Free Application for Federal Student Aid (FAFSA) is used to determine your eligibility for all federal aid programs, most state aid programs and many Southeast programs. (Some state and Southeast programs may require additional applications, essays, interviews, etc.)
The FAFSA can be completed as early as January 1 for the following fall semester and is good for one academic year. The fastest way to submit your application is through the web at FAFSA on the Web. You will find it useful to have the following documentation available when completing your FAFSA:
- Driver’s license and social security card;
- W-2’s and other records of money earned;
- Completed Federal Income Tax Returns- we strongly encourage you to use completed tax returns to ensure a more accurate financial aid package and to prevent unnecessary delays, so try to have your federal tax return completed and your FAFSA submitted by February 14 to meet our March 1 priority processing deadline;
- Records of untaxed income (i.e. TANF, social security, child support, veterans benefits, etc); and
- Current financial statements including checking, savings, business, farm, and investments.
Step 2: Review/Correct Your Student Aid Report
Once your FAFSA is processed, the U.S. Department of Education will send you a Student Aid Report (SAR). If you provided an e-mail address on the FAFSA, the SAR will be sent to this address. If you have a spam filter, you may need to check your bulk e-mail for correspondence from the federal government.
Review all information for accuracy. Make necessary corrections electronically. If this is not possible, please contact Student Financial Services at (573) 651-2253.
Step 3: Southeast will Determine Your Aid Eligibility
The U.S. Department of Education uses the information from the FAFSA to calculate your Expected Family Contribution (EFC).
Your processed FAFSA is sent to the schools you listed and to your state of permanent residence. This allows the school and the state to determine your initial eligibility for financial aid. For some programs, such as the Federal Pell Grant, the Expected Family Contribution (EFC) is the primary determinant for initial eligibility. For most programs, your financial need and anticipated enrollment are the determining factor.
The Financial Need Calculation
[COA (Cost of Attendance)] - [EFC (Expected Family Contribution)] = Financial Need
Your Southeast Cost of Attendance includes an average cost for tuition and fees, room and board, books and supplies, personal expenses and transportation based on your anticipated enrollment.
Step 4: Review/Complete/Return Your Financial Aid Paperwork
Once your financial aid eligibility is determined, you will receive an award notification by email. Southeast begins sending award notifications in late-March (to coincide with the release of state aid award notification). Although Southeast sends as accurate an award as possible, your aid eligibility may change if you enroll less than full-time or if you receive other aid. It is imperative that you notify Student Financial Services of any additional aid (scholarships, grants, tuition reimbursements, etc.) you will be receiving as soon as possible.
You will receive an email to notify you that your aid eligibility has been determined and will include instructions for accepting your awards and other required documents (such as loan applications).