Everyone should apply, unless you don’t want free money
Once you have applied and been accepted to Oglethorpe, you should next apply for financial aid. Even if you think you won’t qualify for aid, you should complete the process because every traditional undergraduate student who applies for aid will receive a minimum OU grant of $2,000.
You must complete the FAFSA to apply for financial aid each year that you want to receive need-based assistance. If your family’s income and financial profile remain similar year to year, you may expect your subsequent financial aid awards to remain similar as well.
Steps to apply for aid
- Complete and submit the Free Application for Federal Student Aid (FAFSA). Be sure to include Oglethorpe’s school code, which is 001586. Keep copies of all federal income tax returns, etc., as these documents may be required in order to verify the information provided on the FAFSA.
- If you are a Georgia resident, complete the HOPE, Zell Miller and Georgia Tuition Equalization Grant (GTEG) application online.
- Once the FAFSA has been received and processed by the federal processor, expect to receive your Student Aid Report (SAR) which summarizes the info in your FAFSA. A similar report called the Institutional Student Information Record (ISIR) will be sent to the Oglethorpe financial aid office.
- If selected for FAFSA verification, a) don’t worry, as selection is at random and about 30% of students are selected, and b) submit the appropriate forms and tax returns directly to OU.
- Review your OU award package once it arrives, accept in writing the components of the award that you choose, and follow any instructions that correspond with particular items (e.g. completing a Master Promissory Note and Entrance Counseling for Direct Loans).
When to apply
You should apply as soon as possible after your parents have completed their federal tax returns. FAFSA forms become available every October 1 for the academic year beginning that fall (for instance, a FAFSA available October 1, 2016 is applicable to the 2017 Fall Semester). For freshman applicants, this means that you should begin to work on the FAFSA in the fall of your senior year of high school. Oglethorpe encourages all applicants for financial aid to file the FAFSA by November 15.
For financial aid eligibility requirements, please see the Bulletin.
Note for Adult Degree Program students:
Financial aid regulations require disbursement of funds on a semester basis. As the Adult Degree Program offers two eight-week sessions per semester, ADP students receiving federal financial aid must register for two sessions at a time: Sessions 1 & 2, Sessions 3 & 4, and Sessions 5 & 6.