- Complete the Free Application for Federal Student Aid at fafsa.ed.gov
- Check your Student Portal within 4-5 business days to see if we have received your FAFSA information.
- Continue checking your Student Portal regularly to see if you are required to submit additional documents to our office.
- Your award information should be available on your Financial Aid Awards page 10-14 business days from the time you submitted your last complete document (this time may be longer during periods of high volume).
- Students will only receive federal financial aid for courses required for program applicable credits
- Blank fields: Leaving fields blank can cause miscalculations. All fields should be filled out instead with a 0 or “not applicable”.
- Decimals or commas: Please round amounts to the nearest dollar.
- The wrong Social Security Number: You must use the correct Social Security Number or driver's license number. Don't make up identification numbers.
- Incorrect name: The name used on the FAFSA must match the name on your Social Security card.
- Incorrect address: Temporary addresses should not be used on the application. Please use only a permanent address.
- Income tax amount: The correct amount that you paid is on your income tax return, not your W-2 form.
- Report children: Children that will be born during the year of the award need to be reported as a member of the household if more than half of the child's support will be paid by you.
- The Federal School Code: Our federal school code is 001625.
- Sign and date: Use your FSA ID to complete your FAFSA.
- Some websites, such as FAFSA.com, require payment to complete your FAFSA. Don’t pay for FAFSA. FAFSA stands for Free Application for Federal Aid. There is no cost to complete this application. Go to www.FAFSA.ed.gov to fill out your application free of cost.
FAFSA is the Free Application for Federal Student Aid which can be found at fafsa.ed.gov. The FAFSA determines your eligibility for federal student aid. The FAFSA must be filled out every academic year in order for you to considered for federal aid.
A general estimate can be found using FAFSA4caster. Please remember the estimate you receive is based on full time enrollment for two semesters. After your FAFSA and any required documents have been successfully submitted, the actual amount will be determined by the university.
To determine whether you are an independent or dependent student for your FAFSA, see the Federal Student Aid website.
The BYU-Idaho Financial Aid Office is required by federal regulations to verify the applications the U.S. Dept of Education and/or BYU-Idaho selects for verification. If your Free Application for Federal Student Aid (FAFSA) was selected for review in a process called verification, the law says that before awarding Federal Student Aid, we may ask you to confirm the information you reported on your FAFSA. To verify that you provided correct information the Student Financial Aid Office at BYU-Idaho will compare your FAFSA with the information on required documentation you need to provide. If there are any differences, your FAFSA information may need to be corrected. You must submit required documents to the Student Financial Aid Office at BYU-Idaho. The Student Financial Aid Office may ask for additional information. If you have questions about verification, contact the Student Financial Aid Office at BYU-Idaho as soon as possible so that your financial aid will not be delayed.
After you submit your FAFSA, you will need to check your Student Portal (follow instructions under the Finance tab on your student account). This page will show you missing and received documents you are required to submit in order to complete verification. The BYU-Idaho Student Financial Aid Office will also send a Missing Document Email every 7 days to a student’s BYU-I email that he/she is required to submit documentation to our office to process the FAFSA application. Students should know if they need to complete and submit documents for verification within 7 days after their FAFSA has been correctly completed and received by the school.
Using the Student Portal and the Missing Document email notification, students must review their student portal to complete and submit any required documentation to the Student Financial Aid Office prior to the Federal Aid Priority Deadlines and/or the FAFSA Federal Deadlines. After you submit any documentation through the portal or to our office, the financial aid office will review those documents and update the student portal with any additional requests or information needed from the student to complete the verification process. Students who fail to meet the Federal Aid Priority Deadlines will risk not having their aid in time for the start of the semester, but they can still receive their federal aid awards during the award year. Students who fail to meet the FAFSA Federal Deadlines will risk losing eligibility for federal financial aid for the entire award year. It is important that students complete and submit their documents and forms (such as verification documents) correctly the first time. Any corrections or re-submissions of documentation also need to be completed and submitted by this deadline. Information for documents may take a few additional weeks to gather, so please plan accordingly and apply early.
Direct Loans are fixed-rate student loans for undergraduate students attending college at least half-time (six credits or more). Students are considered for these loans through the FAFSA.
Direct Subsidized Loan: The federal government pays the interest on a subsidized loan while the student is enrolled in school with at least six credits. Current interest rates can be found here. Principle and interest payments are postponed while students are enrolled in at least six credits. Students also have a six month grace period after they stop being enrolled in at least six credits where payments are still postponed, but interest begins accruing.
Direct Unsubsidized Loan: The student is responsible for the interest that accrues on an unsubsidized loan while they are in school. Current interest rates can be found here. Payments are postponed while students are enrolled in at least six credits and during the six month grace period that follows.
Plus Loan: A Parent Loan for Undergraduate Students (PLUS) is a federal guaranteed loan and is available to a parent of a dependent undergraduate student. The parent may borrow up to the student's annual cost of attendance minus any financial assistance the student has been (or will be) awarded during the period of enrollment. Interest begins to accrue once the first portion of the loan is available to the student and repayment begins within 60 days after the loan has been fully disbursed. Current interest rates can be found here. Students and Parents will need to re-apply every academic year for the loan, as needed.
Students with loans are not required to start repayment until six months after dropping below six program applicable credits. This is called a “grace period”. If you defer a semester and are below six program applicable credits for more than six months, repayment will begin and your grace period will have been spent.
If you submitted a FAFSA and were not selected for verification, you will usually be awarded within 10-14 business days.
If you submitted a FAFSA and were selected for verification, you will usually be awarded 10-14 bussiness days from the time you submitted your last complete verification document.
Financial aid awards (scholarships, grants and/or loans) are disbursed within the first week of the semester if the student has submitted a FAFSA and requested documents by the priority deadline. Occasionally, some financial aid awards are disbursed earlier or later than others; however, there is no guaranteed date of disbursement.
Financial aid funds are released to your Personal Account. Any funds released to your account will show under the heading “Deposits and unapplied amounts”. If funds have been released, account names and balances will show under this heading. Amounts listed in red are owed; amounts listed in green are available to you.
Financial aid funds are intended to be used for education costs. Your financial aid will be used first to cover your tuition costs and any tuition (class) based fees. Remaining financial aid funds can then be used to pay off any outstanding school balances, books, school supplies, and any other educational expenses (i.e. housing, gas, food, etc.)
Please note, certain financial aid awards, (such as some private scholarships), have requirements limiting funds to tuition costs only.
A tax return transcript is the IRS record of the taxes filed by you or your parents. We can no longer accept a copy of your tax return in place of the tax return transcript. This transcript must be requested directly from the IRS and can be printed from their website or mailed to you. Learn more at the IRS website here.