Apply for Federal Student Aid
You can use the Federal Student Aid Estimator which will provide you an estimate of how much federal student aid the student may be eligible to receive. These estimates are based on the Student Aid Index (SAI), an index to determine federal student aid eligibility. With this tool, students can find out how much federal student aid they may be eligible for starting with the 2024–25 award year—note that this tool estimates the Student Aid Index (SAI) for 2024–25 award year, not the Expected Family Contribution (EFC) for 2023–24 award year.
Types of Federal Student Aid
Grants (Federal Supplemental Opportunity Grant (FSEOG), PELL Grant), Federal Work-Study, Direct Subsidized/Unsubsidized Loans.
For specifics on each type of federal funding available, you can visit: https://studentaid.gov/understand-aid/types
Start by Submitting Your FAFSA
The Free Application for Federal Student Aid (FAFSA) allows students to request federal grants, work-study, and loans, all in one application.
When Should I Apply?
The FAFSA application opens October 1 each year.
You can submit the Free Application for Federal Student Aid (FAFSA) at studentaid.gov throughout the year, starting October 1 for the upcoming academic year.
You must submit a new FAFSA each year to renew your federal financial aid for the next academic year.
What FAFSA do I need to Submit?
If you are planning to enroll Fall 2023, Spring 2024, or Summer 2024 the 2023-2024 FAFSA is required.
If you are planning to enroll Fall 2024, Spring 2025, or Summer 2025 the 2024-2025 FAFSA is required.
Who Should Apply?
Everyone Should Submit a FAFSA Application.
We encourage everyone to complete the FAFSA, whatever the family’s income level. Please contact the Office of Financial Aid if your are waiving the FAFSA and do not wish to use Federal student aid, or to receive need based aid (such as scholarships or grants).
What is Randolph College’s Federal School Code Number?
When completing your FAFSA, add Randolph College, Federal School code number 003734
Do I Have to Submit a New FAFSA Every Year?
Returning students will complete a new FAFSA every year they are in school and wish to receive Federal Student Aid, preferably by June 1.
Returning students will not receive a Financial Aid award letter until they have submitted a FAFSA for the upcoming academic year, or have waived the FAFSA with the Office of Financial Aid.
What if my Parent(s) Refuse to Provide their Information on the FAFSA?
If you have a situation where your parent(s) refuse to provide their information on the FAFSA and refuses to provide you with financial support, please complete and submit the below form for the FAFSA year your parent is refusing. If your parent(s) refuse to sign and date a statement to this effect, you must get documentation from a third party, such as a teacher, counselor, cleric, or court.
** Please note that the Unsubsidized Loan is the ONLY federal aid available to the student under this exception.
Financial Aid Dates and Deadlines
- October 1: Free Application for Federal Student Aid (FAFSA) is Available for the Next Academic Year.
- May 1: Pay Enrollment Deposit to Accept Admission and Guarantee your Enrollment.
- June 30: Financial Aid Offers Need to be Reviewed and Accepted.
- July 1: Fall Semester Billing Statements are Mailed by the Business Office.
- August 1: Fall Semester Balances Owed are Due in Full.
- December 1: Spring Semester Billing Statements are Mailed by the Business Office.
- January 1: Spring Semester Balances Owed are Due in Full.
