{"125161":{"#nid":"125161","#data":{"type":"news","title":"Students Encouraged to Mind May 1 Deadline for Fall Financial Aid","body":[{"value":"\u003Cp\u003EAmong the things students most look forward to about summer, worrying about fall financial aid is likely not one of them \u2014 but those who apply before the summer begins won\u2019t have to.\u0026nbsp;\u003C\/p\u003E\u003Cp\u003ETuesday, May 1, is the priority application deadline for fall financial aid packages; for those who apply by this date, they\u2019ll receive notice of their award by mid-June. Unlike applying for acceptance to the Institute, students must apply for aid every year.\u003C\/p\u003E\u003Cp\u003E\u201cDoing it earlier gives students more time to ensure it\u2019s complete, and makes sure we can review all their options,\u201d said Marie Mons, director of the Office of Scholarships and Financial Aid (OSFA). Mons said some funds require early application; for others, students simply have a better shot if they apply early and give OSFA more time to evaluate their options.\u003C\/p\u003E\u003Cp\u003ELast year, Financial Aid saw an increase in filings of the Free Application for Federal Student Aid, or FAFSA, and Mons expects applications will be at the same level or higher for 2012-13. A new federal rule this year requires that some applicants also submit a tax transcript, which they must obtain from the IRS, to verify certain financial information. Students required to submit this document will be notified via email and directed to BuzzPort for more information.\u0026nbsp;\u003C\/p\u003E\u003Cp\u003EProcrastination can put one at a disadvantage: later submissions are often drawing on a smaller pool of aid. Many students may still rely on assistance from parents for finances, but, because of Family Educational Rights and Privacy Act (FERPA) regulations on what information may be divulged to parents, the student is the primary contact for financial aid purposes.\u003C\/p\u003E\u003Cp\u003E\u201cOur goal is to deliver, and to have a financial aid path planned out for students,\u201d Mons said. Last year, OSFA delivered more than $187 million for Tech students.\u003C\/p\u003E\u003Cp\u003EMons encourages all students to apply for aid, even if they don\u2019t anticipate needing it for a certain term. If unforeseen circumstances arise and a student finds that aid is needed, their application will be in a stack among others that arrived late in the cycle.\u003C\/p\u003E\u003Cp\u003E\u201cApplying as early as possible makes us better equipped to help when things change,\u201d Mons said. Those who receive a financial aid package do not necessarily have to accept the award.\u0026nbsp;\u003C\/p\u003E\u003Cp\u003EA financial aid application requires the FAFSA and a brief Georgia Tech application telling what type of aid a student wants and, with many students co-oping or being intermittently off campus for other endeavors, when they will be on campus. Both forms are available on the \u003Ca href=\u0022http:\/\/finaid.gatech.edu\u0022\u003EOSFA website\u003C\/a\u003E.\u003C\/p\u003E\u003Cp\u003ETo apply for financial aid for fall 2012, visit \u003Ca href=\u0022http:\/\/finaid.gatech.edu\u0022\u003Efinaid.gatech.edu\u003C\/a\u003E. Students with questions or who need assistance may contact their financial advisor.\u003C\/p\u003E","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":[{"value":"\u003Cp\u003ETuesday, May 1, is the priority application deadline for fall financial aid packages; for those who apply by this date, they\u2019ll receive notice of their award by mid-June.\u003C\/p\u003E","format":"limited_html"}],"field_summary_sentence":[{"value":"Those who apply by this date will receive notice of their awards by mid-June."}],"uid":"27469","created_gmt":"2012-04-19 17:26:44","changed_gmt":"2016-10-08 03:12:04","author":"Kristen Bailey","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2012-04-19T00:00:00-04:00","iso_date":"2012-04-19T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"125801":{"id":"125801","type":"image","title":"Filling out the FAFSA","body":null,"created":"1449178604","gmt_created":"2015-12-03 21:36:44","changed":"1475894577","gmt_changed":"2016-10-08 02:42:57","alt":"Filling out the FAFSA","file":{"fid":"194504","name":"fafsa.jpg","image_path":"\/sites\/default\/files\/images\/fafsa_0.jpg","image_full_path":"http:\/\/www.tlwarc.hg.gatech.edu\/\/sites\/default\/files\/images\/fafsa_0.jpg","mime":"image\/jpeg","size":3003623,"path_740":"http:\/\/www.tlwarc.hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/fafsa_0.jpg?itok=iVXqh9SU"}}},"media_ids":["125801"],"related_links":[{"url":"http:\/\/finaid.gatech.edu\/","title":"Office of Scholarships and Financial Aid"},{"url":"http:\/\/finaid.gatech.edu\/verification\/index.php","title":"About Tax Verification Forms"},{"url":"http:\/\/www.fafsa.ed.gov\/","title":"FAFSA"}],"groups":[{"id":"1214","name":"News Room"}],"categories":[{"id":"129","name":"Institute and Campus"},{"id":"8862","name":"Student Research"}],"keywords":[{"id":"1572","name":"FAFSA"},{"id":"1411","name":"financial aid"},{"id":"31101","name":"office of scholarships and financial aid"},{"id":"167132","name":"Scholarships"},{"id":"166847","name":"students"}],"core_research_areas":[],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003E\u003Ca href=\u0022mailto:kristen.shaw@comm.gatech.edu\u0022\u003EKristen Shaw\u003C\/a\u003E\u003Cbr \/\u003ECommunications and Marketing\u003C\/p\u003E\u003Cp\u003E\u003Ca href=\u0022mailto:marie.mons@finaid.gatech.edu\u0022\u003EMarie Mons\u003C\/a\u003E\u003Cbr \/\u003EOffice of Scholarships and Financial Aid\u003C\/p\u003E","format":"limited_html"}],"email":[],"slides":[],"orientation":[],"userdata":""}}}