This series of videos explains how the financial aid process works and who is eligible to receive financial aid. Included is an overview of the financial aid process, step by step instructions on filling out the FAFSA, common myths about financial aid, as well as what one can expect after submitting the FAFSA.
1. Admission Status
All students must apply for Admission to Southern University and A & M College. Students Must be fully admitted into the university as a degree-seeking student to be eligible for Federal Financial Aid. All high school and any dual enrollment final official transcripts, as well as all test scores and immunization records must be submitted to the Admissions Office for review. New incoming First Time Freshmen students who are degree seeking and provisionally admitted can receive a financial aid award their first term. Transfer or Re-Admitted students must submit official transcripts from all colleges or universities previously attended. You can contact the Office of Admissions and Recruitment at 225-771-7827 or email@example.com for your admission status.
2. Complete/Renew the Free Application for Federal Student Aid (FAFSA)
If you do not already have an FSA ID, create a new FSA ID.
The FSA ID allows you to “sign” your FAFSA electronically which creates a totally paperless application process. Safeguard your FSA ID just like your Social Security Number! Keep your FSA ID with all of your other important documents. You will use your FSA ID again.
Do not give your FSA ID to anyone!
If you are providing parental information on the FAFSA, one of your parents will also need to apply for a FSA ID at: https://studentaid.gov/apply-for-aid/fafsa/filling-out#creating-an-fsa-id
The Free Application for Federal Student Aid (FAFSA) allows the student to be automatically considered for federal and state financial aid based on the Expected Family Contribution (EFC). You can apply online at: https://studentaid.gov/h/apply-for-aid/fafsa. The application process can take at least 4-6 weeks.
- Include SUBR’s school code:002025 on your application
- Aim to complete your FAFSA on October 1st each year
- SUBR’s Priority Deadline is March 31st each year
Important Reminder when completing the FAFSA
Link student and parent’s tax information to the FAFSA by using the IRS Data Retrieval Tool under the Income section. If you do not link your taxes, you and your parents will have to submit an IRS Tax Return Transcript to the Financial Aid Office for verification of income. A tax return transcript can be obtained online at http://www.irs.gov/Individuals/Get-Transcript or by calling 1-800-908-9946. If you are chosen for Verification, you will need to complete all requirements Before any federal financial aid awards can be processed.
There is no charge for submitting or receiving help with your FAFSA. It is FREE!
3. Review your SAR
Your SAR is the summary of your FAFSA.
Your complete, correct SAR will contain your Expected Family Contribution (EFC), the number used to determine your federal student aid eligibility. To check the status of your SAR visit: SAR status
It is your responsibility to ensure that we receive your FAFSA.
4. Banner Self-Service
Banner is your personal SUBR guide to…
- Check your financial aid status
- View any Unsatisfied Requirements
- Register for classes
- Check your Account Summary
- View and Accept your Award Offer
- View Academic Progress
5. Student Loans
All students taking out student loans will be required to complete an Entrance Counseling Interview and a Master Promissory Note (MPN) at https://studentaid.gov under the Complete Aid Process section.
- Loans will not disburse until the beginning of the appropriate hour in which you are enrolled. This is 6 hours for most Undergraduates and 5 hours for most Graduates.
- All financial aid awards are based on full-time enrollment status. On the last day of Add/Drop, your award amount will be adjusted based on the current number of hours in which you are enrolled.
6. Stay Informed and Up-To-Date
Continue to monitor your Banner Self-Service Account and SUBR/SUS Student Email throughout the Semester.
Carefully read the terms and conditions of your financial aid:
Your financial aid awards are subject to terms and conditions that impact how much money you may receive.
SUBR Office of Student Financial Aid Communicates Electronically