Carroll University
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Prospective Students
Financial Aid Process for Graduate Students
 
 

Complete the FAFSA (Free Application for Federal Student Aid)

Step 1: Get organized.

  • Complete your taxes.
    • It is best to fill out the FAFSA using information from your completed tax forms. It is possible to use estimated numbers, but this will delay the processing of your financial aid award.
  • Apply for a PIN (if you don't already have one).
    • Go to www.pin.ed.gov and apply for a PIN number. You have the option to receive your PIN instantaneously or to have it sent to you via e-mail or postal mail. This four-digit number will serve as your electronic signature on the FAFSA when completing it on the web.

Step 2: Submit your FAFSA.

There are two ways to complete your FAFSA:

  • On the web at www.fafsa.gov - Processing time of 2 to 3 weeks.
    • We highly recommend completing your FAFSA on the web.
    • Follow the instructions and complete all questions.
    • Utilize the IRS Data Retrieval Tool while completing the FAFSA.
    • Carroll's FAFSA school code is 003838. By including this number on your FAFSA, your results will be sent directly to us.
    • Print out a copy of your completed FAFSA for your records.
    • Submit your FAFSA to the Department of Education.
   
  • With the paper version - Processing time of 4 to 6 weeks.
    • You can obtain a paper FAFSA by requesting one from the Department of Education by calling 1-800-4FED-AID.
    • Follow the instructions carefully and complete all questions.
    • Print neatly and clearly.
    • Carroll's FAFSA school code is 003838. By including this number on your FAFSA, your results will be sent directly to us.
    • Make a copy of your completed FAFSA for your records.
    • Mail your FAFSA to the Department of Education in the enclosed envelope.

Step 3: What to look for after you file your FAFSA.

  • Once the Department of Education receives and processes your FAFSA, you will receive a Student Aid Report (SAR). Review this form for accuracy. It does not need to be submitted to Carroll University.
  • The SAR will show your Expected Family Contribution (EFC) calculated by the information you provided on the FAFSA. The EFC is the amount determined by the Department of Education and it is the number we use when calculating a financial aid award.
  • Once we have your FAFSA results and any necessary documentation, you will be sent a financial aid award.

 
 
 
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