Applying for Federal Aid

Title IV

Title IV aid refers to Federal Student Aid established by  the Higher Education Act of 1965 which also outlined the general rules that apply to those programs. The U.S. Department of Education (ED) regulations only allow schools to use your Federal Student Aid to pay for current academic year institutional charges, unless you have granted permission to apply these funds to non-allowable charges as well.  Examples of Title IV aid include, but are not limited to, Federal Direct Student Loans, Federal Pell Grant, Federal Perkins Loan and Federal Supplemental Educational Opportunity Grants.

FINANCIAL AID ASSISTANCE APPLICATIONS

To apply for federal and state assistance you must complete the Free Application for Federal Student Aid (FAFSA). You may apply online at www.fafsa.ed.gov, or request a form from your local high school. If you applied for financial aid during the prior academic year, you may also use the Renewal Application mailed to you from the US Department of Education. Both applications provide the same output. Students who wish to be considered for federal or state financial aid assistance must complete the FAFSA or Renewal Application each year. Our institutional code number is #010460. You are encouraged to file your federal tax return prior to completing the FAFSA or Renewal Application. American Baptist College uses a priority filing date of May 1 when awarding Federal Supplemental Education Opportunity Grants (FSEOG) or Federal Work-Study (FWS) funds. The Tennessee Student Assistance Corporation strongly encourages students to submit the FAFSA as soon as possible after January 1 each year. Awards are made until funds are depleted. 

You will receive a Student Aid Report (SAR) approximately four weeks after completing the FAFSA or Renewal Application. You should review the SAR for accuracy and make any necessary corrections.

 

ELIGIBILITY:

  • YOU MUST demonstrate financial need
  • YOU MUST have a high school diploma or GED
  • YOU MUST be a U.S. citizen or eligible non-citizen
  • YOU MUST have a valid social security number
  • YOU MUST be a degree-seeking student
  • YOU MUST be making satisfactory progress
  • YOU MUST have registered, if you are male, for Selective Service  before turning 26 years old. 

 

For the spring semester, your FAFSA and all required documents must be received by the Financial Aid Office by 4:30 pm on December 17, in order to have aid processed in time to pay fees prior to the first purge. If you delay in submitting all of the required documents by the priority date, you will need to be prepared to pay your registration fees in full or set up a deferred payment plan with the Bursar’s Office in order to keep your classes from purging.

 

STEPS FOR COMPLETING THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA):

  1. Apply by going to www.fafsa.ed.gov
  2. You will need the following in order to complete your FAFSA:
    • A FSA USER ID (Pin numbers will no longer be used) to sign your FAFSA.  If you are a dependent student your parent will also need a USER ID in order to sign the FAFSA.
    • You will need both student and parents (if dependent) current year taxes and w2’s, if filed.
    • Social Security Number
    • Drivers License Number
    • American Baptist College School Code – 010460

 

Additional Forms That May Be Required by the Financial Aid Office

 

FINANCIAL AID CONTACTS

General information about student aid and applying for student aid: Federal Student Aid Information Center 1‐800‐4‐FED‐AID (TTY 1‐800‐730‐8913)

Visit www.federalstudentaid.ed.gov to access a variety of student aid publications, including Funding Education Beyond High School: a comprehensive overview of federal financial aid.

For information about the Direct Loan Program visit www.direct.ed.gov

For information related to repayment of your Direct Loan, contact the Direct Loan Servicing Center at 1‐800‐848‐0979 (TTY 1‐800‐848‐0983)

For information about Direct Loan Consolidation and how to apply for consolidation, contact the Direct Loan Consolidation Center at 1-800-557-7392 or (TTY 1-800-557-7395).

For more information regarding financial aid, please contact the ABC Financial Aid Office at 615-687-6903.