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box with a black checkmark in it The Financial Aid Process

The following is an example of the typical process for obtaining financial aid. Each student's process can differ based on their unique aid package, so make sure you pay attention to the communication you receive from Arkansas Tech's Financial Aid Office to complete all requirements for your aid package.

Sample Checklist

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Look for scholarships and grants.

Look for scholarships through your state or college as well as national and community organizations. Arkansas Tech University's scholarships can be found at www.atu.edu/scholarships.

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Complete the FAFSA

Complete the FAFSA online at www.fafsa.gov. Make sure to fill it out and submit the FAFSA each year you are in college. Arkansas Tech's Title IV school code is 001089. If you want your Free Application for Federal Student Aid (FAFSA) sent to us, you need to put this number on the FAFSA.

About FAFSA

The FAFSA is the Free Application for Federal Student Aid and is the only way to apply for federal student aid. The schools you list on your application will use FAFSA information to evaluate your financial need and determine how much federal aid you are eligible to receive. Many states and colleges also use FAFSA information to provide their own financial aid.

Each January the FAFSA is available for the upcoming school year. It is best to fill it out as early as you can because some aid if first come, first served.

When you complete a FAFSA, you'll need to provide personal and tax information. If you've filed your taxes already, you may be able to automatically retrieve the information from the IRS. If you haven't, just estimate your tax information and update it later.

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Receive a Student Aid Report (SAR)

After you submit your FAFSA, you'll receive your Student Aid Report (SAR). Your SAR summarizes the information in your FAFSA. Review it and make corrections if needed.

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Receive an Award Letter

Your award letter explains the combination of federal grants, loans, and work-study a college is offering you. The offer might also contain state and institutional aid. If you receive award letters from multiple colleges or career schools, you should compare them and decide which school works best for you.

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 Enroll in your school of choice and register for classes
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 All Financial Aid is applied to your student account

Once your aid package is applied to your account, you will either owe a balance if your aid did not cover all of your expenses, or if your aid covered all of your expenses and had some money leftover, that money will be refunded to you through the Student Accounts office. Refund dates and information can be found at www.atu.edu/stuaccts.

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Maintain your Financial Aid award

Check OneTech periodically throughout each semester to make sure there are no holds on your account, or missing paperwork that might impact your financial aid award. Keep your aid package's credit hour and GPA requirements in mind when making decisions. Don't forget to fill out the FAFSA each year your are in school. 

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Graduate

Celebrate as you cross the stage at Tucker Coliseum and get your diploma.

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Wrap up your Financial Aid requirements

If you did not take out student loans, you're done! If you did, not is the time for loan exit counseling and planning your loan repayment strategy. Check out https://studentaid.ed.gov/sa/repay-loans for information regarding different repayment plans and getting started repaying your loan.