Applying for Financial Aid
Apply for Financial Aid
It is widely known that a college education is one of the most important investments you and your family will make. At Simpson, we know the world of financial aid well, and we help students and their families navigate the process with confidence.
Affordability is certainly important, but equally so is value. You and your family are looking for value in your choice of a college. Our efforts to keep our quality high and our cost affordable are among the many distinctions of which Simpson College is most proud.
To apply for financial aid:
- Complete the FAFSA (Free Application for Federal Student Aid) to apply for federal, state and Simpson financial aid. There are two ways to complete the FAFSA. There are no fees required in the application process regardless of which method you choose.
- The strongly preferred filing method is on line by using FAFSA on the Web . You may apply at this link. Remember, if you are a dependent student, at least one parent needs to obtain their own FSA ID to sign the FAFSA.
- Simpson’s school code for FAFSA purposes is 001887.
- Students must be admitted to the College prior to being awarded financial aid.
- Prepare to submit your FAFSA as soon as possible. It is open for the academic year for which you are applying for. Be aware of deadlines. Some funds are limited and are awarded on a first-come, first-served basis.
- You will receive a Student Aid Report (SAR) shortly after you submit your FAFSA. If you have not received your SAR within two weeks, check your application status. Review your SAR and if corrections need to be made, contact the office of financial aid at Simpson College. If there are no corrections to be made, keep the report for your records. SAR data is transmitted electronically to Simpson and is used to calculate your financial aid
- Simpson College may request additional information or forms. Make sure you respond promptly to avoid delays in receiving your financial aid. Many applications are selected for review in a process called “verification.” If your application is selected, don’t be alarmed. The process will require you to provide Simpson with additional information. Please comply with the request promptly. If you have questions concerning verification, contact the office of financial
- After Simpson has processed your application, you will receive a financial aid notification outlining your financial aid package. Review your notification carefully and make sure you understand the terms of the aid being offered. For example, some grants may require you to live on campus. Remember, if you area new student, to return a signed copy of your notification to the office of financial aid at Simpson College. Please remember, we are only a phone call away if you need any assistance understanding the terms and conditions of your financial aid
- If you intend to take out loans, an additional application or promissory note may be needed. Your financial aid notification will notify you of the loans for which you qualify and the amount you are eligible to borrow.
Helpful Links to assist you in your financial aid application process
- College Board
- Iowa College Access Network
- College Savings Iowa
- US Department of Education Loan Database System
- FAFSA – Free Application for Federal Student Aid
- FSA ID
- FastWeb – Scholarship search
- Federal Direct Loan on-line entrance counseling
- Federal Direct Loan on-line exit counseling
- Federal Direct Loan Master Promissory Note
- Federal Direct Plus Loan Master Promissory Note
- FIN AID – The smart student guide to financial aid
- Iowa College Aid
- Iowa United Methodist Foundation
- S. Department of Education