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Financial Aid - How to Apply For Financial Aid

All the forms needed to apply for financial aid are available in the Financial Aid Office

1. First you should complete the Free Application for Federal Student Aid (FAFSA) once the tax forms needed to complete the form are completed.  Make sure that the school code 006666 is listed on the FAFSA.  You may file online at www.fafsa.ed.gov, or request a paper copy by calling 1-800-4fedaid.  If you need assistance completing the FAFSA and are admitted to the school please contact the financial aid office for workshop dates (You must bring copies of income information such as tax forms to receive assistance completing the form).
 
2.  You will receive a Student Aid Report by mail or email within two to four weeks after completing the FAFSA, the school will receive an Institutional Student Informational Record at the same time as long as the school was listed on the application.  Unless additional documentation is needed or you have not been admitted to the school your financial aid package can be finalized.

3.  If additional information is needed to complete your application due to verification, conflicting information or insufficient information you will receive a document tracking letter.  Please submit the requested information as soon as possible.

4.  You will be mailed an award letter with a policy and condition statement.  You must return a signed copy of the award letter and supplement form. 

5.  If an award includes a Stafford Loan, you must complete a Master Promissory Note which is valid for up to ten years.  If an award includes a Parent PLUS Loan your parent will need to complete a PLUS Master Promissory Note (valid for up to ten years), obtain credit approval from the Department of Education, and submit the Plus Authorization Form to the Financial Aid Office.

All loans for the Fall 2010 Semester and later will be through the Department of Education Direct Loan Program.  If you/ or your parent has not completed a Master Promissory Note with the Department of Education you may complete the form online at www.studentloans.gov.

6.  Entrance Counseling should be completed for Lutheran School of Nursing online at www.studentloans.gov.

7.  Notice of guarantee of loan funds is sent to the student including disbursement dates. 

8.  Before funds are disbursed your academic progress is checked.  New students are considered in good standing; students readmitted may be readmitted on academic probation.  Students not in good standing are ineligible to receive financial aid funds. 

9.  Apply for scholarships using on-line database under financial resources on this website, contacting local civic and fraternal organizations, and/or your employer or parents employer.

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