Getting Started at Potomac State

Getting Started

Timeliness is one of the most important factors in receiving the maximum amount of financial aid.

APPLICATION PROCESS

• Students apply for financial aid each year using the Free Application for Federal Student Aid (FAFSA), which is available October 1.  The quickest and most accurate way to complete the FAFSA is online at fafsa.ed.gov

• Students and parents will use their 2015 tax information to complete the 2017-2018 FAFSA.  Use the IRS Data Retrieval Tool available as part of the online FAFSA to update your FAFSA with IRS tax return information.

• To receive maximum consideration for aid, submit your FAFSA before March 1.  The earlier you file the better.  We will begin sending financial aid award offers to admitted students with a FAFSA on file as early as November, on a rolling basis.

• Both you and one parent (if you are a dependent student) need to apply for an FSA ID at fsaid.ed.gov

• The FSA ID serves as a legal signature and should not be shared with anyone.  To use your FSA ID, you need to know the username, password and answers to cllenge questions.  Plus, you need to access to the email account associated with the FSA ID.

• You must be admitted to Potomac State College in order to receive a financial aid award letter.

• Include the West Virginia University code (003827) on the FAFSA.

• You must be admitted to Potomac State College in order to receive a financial aid award letter.

If you are a West Virginia resident and plan to attend college as a full-time student, you should complete the PROMISE Scholarship Application and FAFSA by March 1 to be considered for the PROMISE scholarship. The deadline for priority consideration for the West Virginia Higher Education Grant is April 15.

Potomac State offers many scholarships for students, including WVU-integrated scholarships which continue when you change campuses to Morgantown. Make sure you are admitted and provide your ACT or SAT scores by February 15 for maximum consideration for scholarships.

FINANCIAL AID TIMELINE

October:
Apply for your FSA ID.
Submit the FAFSA at fafsa.ed.gov

December:
On a rolling basis through March, students receive their award letters detailing their financial aid offers and how to accept/decline.

June:
First-time Direct Loan borrowers complete online Master Promissory Note (MPN) and Entrance Counseling at studentloans.gov

July:
About a month before the beginning of each term, you will be notified of your account status by a MiX email from the Office of Student Accounts.
If you qualify for West Virginia or Pennsylvania state grants, you will receive an award notification from your state’s higher education agency.

August:
Your payment is due prior to the first day of term. 
You financial aid will be added to your student account.  Funds will first be applied to any Potomac State College charges.
If you are awarded Federal Work-Study, you must pick up your work-study assignment at the Office of Enrollment Services within the first 21 days of classes.

October:
Time to begin the financial aid process again by submitting the FAFSA at fafsa.ed.gov