To apply for most forms of financial aid, students must complete the Free Application for Federal Student Aid (FAFSA). Students must submit new financial aid applications for each academic year. Forms are available online at www.fafsa.gov beginning January 1 for the upcoming year and should be submitted as soon as possible.
As part of the FAFSA application, students and parents (if applicable) must provide income information. In many cases, students and parents may be able to retrieve their tax information from the IRS and transfer it to their FAFSA. Students and parents are highly encouraged to use this option when applicable. For an online FAFSA Tutorial, watch Seven Steps to Filing the FAFSA!
Students and parents can sign the Free Application for Federal Student Aid (FAFSA) electronically.
In early 2015, the U.S. Department of Education will replace the current form of electronic signature known as the PIN with a Federal Student Aid user name and password.
Determining who to list as your parent(s) on your FAFSA, and what their current marital status is can be confusing. The Office of Financial Aid has created the following documents to use as a guide:
Students who have a documentable extenuating circumstance that prevents them from supplying their parent's information, have the ability to complete the Petition for Independent Status Form. Extenuating circumstances generally are defined by a student's inability to have contact with their parents.
* The Free Application for Federal Student Aid (FAFSA) must include the Owens Title IV school code 005753.
|Program||Application(s) required||Deadlines for 2015-2016 academic year
Summer 2015 - Spring 2016
|Federal Pell Grant||FAFSA*||30 days before last date of enrollment|
|Iraq and Afghanistan Service Grant||FAFSA*||30 days before last date of enrollment|
|Federal Supplemental Educational Opportunity Grant||FAFSA*||February 20, 2015, priority deadline|
To be considered, the student must indicate on the FAFSA that he/she is interested in Federal Work-Study
|February 20, 2015, priority deadline|
|Owens Community College Grant||FAFSA*||February 20, 2015, priority deadline|
|Federal Direct Loan||FAFSA*||45 days before last date of enrollment|
|Federal Direct Parent PLUS Loan||Parent PLUS Loan Request
|45 days before last date of enrollment|
|Nurse Education Assistance Loan Program||FAFSA*
|July 15, 2015
FAFSA must be processed before the NEALP application can be submitted
|Owens Foundation Scholarships||FAFSA*
Foundation Scholarship Application with written personal statement
|February 16, 2015
(Scholarships based on financial need must have FAFSA on file with Owens by March 1, 2015)
If the student has already completed the FAFSA for the current year and is transferring to Owens, add the Owens Title IV School Code 005753 to the student's Student Aid Report (SAR) by making a correction using FAFSA on the Web.
What happens next?
After the student's FAFSA has been processed, the student will receive a Student Aid Report (SAR). If the student completed the FAFSA on the web and provided an electronic signature and email address, the student's SAR will usually be sent to that email address within 1-2 days. If the student did not provide an email address, the student's SAR will be mailed to the mailing address provided on the FAFSA within 7-10 business days. If the student sent a paper FAFSA application to the FAFSA processor, allow 2 to 3 weeks to receive the SAR.
Information regarding the student's financial aid is usually sent to his/her Owens Ozone account. For instructions on how to use the Ozone account, click on the Guide to Online Account Information listed below:
Students that answered "Yes" to FAFSA question 23 (Have you been convicted for the possession or sale of illegal drugs for an offense that occurred while you were receiving federal student aid?) may be required to complete the following Drug Eligibility form.
A consortium agreement allows for students who are seeking a degree or certificate from Owens Community College and are enrolled in courses at another institution, to receive financial aid based on your combined enrollment at both institutions. Eligibility requirements do apply; refer to Consortium Agreement Instructions for further details.
Students with Bachelor's degrees
Students with bachelor's degrees (or higher) are not eligible for grants, but may complete the FAFSA to be considered for the Federal Work Study program and the Federal Direct Stafford Loan program.
The Free Application for Federal Student Aid (FAFSA) requires students who are considered dependent to provide information about their parents. The instructions on the FAFSA state that you must provide information for your parents even if you do not live with them.
Your legal parents are considered your biological, adoptive, or state-designated parents. A person would also be considered your legal parent if they were determined to be so by the state (for example, if the parent is listed on the birth certificate).
Grandparents, foster parents, legal guardians, aunts and uncles are not considered parents for your FAFSA unless they have legally adopted you. If you have any questions about who counts as a parent, please contact Oserve.