Applying for Aid
To be eligible for financial aid:
- Apply for admission to Platt College
- Obtain a Federal PIN
- Complete a Free Application For Federal Student Aid (FAFSA). Platt College's Institutional FAFSA Code is 03014900.
Step 1: Gather Materials
You will need records of income earned in the year prior to when you will start school. You may also need records of your parents' income information if you are a dependent student.
For the 2013-2014 school year you will need financial information from 2012. You may need to refer to:
- Your Social Security card. It is important that you enter your Social Security Number correctly
- Your driver's license (if any)
- Your 2012 W-2 forms and other records of money earned
- Your (and if married, your spouse's) 2012 Federal Income Tax Return.
- IRS 1040, 1040A, 1040 EZ
- Foreign Tax Return, or Tax Return for Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands, the Marshall Islands, the Federal States of Micronesia, or Palau
- Your Parents' 2012 Federal Income Tax Return (if you are a dependent student)
- Your 2012 untaxed income records
- Your current bank statements
- Your current business and investment mortgage information, business and farm records, stock, bond and other investment records
To organize your information, you can print and complete a FAFSA on the Web Worksheet before you begin entering your information online. However, you are not required to do so. FAFSA on the Web will guide you through the questions that you must answer, and you can save your application and return to it later if you don't have the information you need to answer any of the questions.
Step 2: Get a Pin
A PIN is your Personal Identification Number. Your PIN can be used each year to electronically apply for federal student aid and to access your Federal Student Aid records online. If you receive a PIN, you agree not to share it with anyone. Your PIN serves as your electronic signature and provides access to your personal records, so you should never give your PIN to anyone, including commercial services that offer to help you complete your FAFSA. Be sure to keep your PIN in a safe place. Once you create a pin, even at another institute, that pin will still be used at each college you attend. Parents of dependent students must obtain a PIN as well, so that they too can sign the FAFSA online. Go to pin.ed.gov to sign up.
Step 3: Fill it Out
For the quickest processing time, you'll want to complete the FAFSA online at FAFSA.ed.gov. The online application takes three to five days, on average, to process versus four to six weeks with the paper application.
When using the online application:
- Enter the student and parent names exactly as shown on the Social Security cards. If the names don't match federal records, it could delay the processing of your FAFSA.
- Use the "previous" and "next" buttons at the bottom of each page. Don't use your browser's "back" button or your information may not be saved.
- Use the IRS Data Retrieval Tool to automatically transfer your tax information to your FAFSA.
- Use Platt College's FAFSA Number, 03014900, to complete your application.
Step 4: Sign & Submit
You're almost ready to submit your application, but first, print a copy of your answers from the Sign and Submit page and review for errors. If everything looks correct, enter your PIN, which serves as your electronic signature, and hit the "Submit" button. Review your confirmation page for information about the schools you've selected and a possible estimate of your financial aid eligibility.
Step 5: Complete Your File if Additional Documentation is Required
While processing your FAFSA, additional application requirements may be requested to complete your file in a process called verification. You will be notified via email if your file is incomplete.
Students transferring to Platt College from other institutions can apply for financial aid. Transfer students must complete the Free Application for Federal Student Aid (FAFSA) for the appropriate academic year or have Platt College’s school code (03014900) added to a previously submitted FAFSA.