Summer Financial Aid Disbursement on Temporary Hold

6/18/2020 - Due to year-end administrative processes, financial aid for summer is being "held" from disbursement. Disbursement will resume July 1 for any undisbursed summer aid. No action is required on behalf of students or parents for this process. If you have any questions, please contact your Financial Aid Counselor. 

COVID-19 Updates, OSFA Operations and Emergency Fund 

3/19/2020 - As news about the coronavirus develops, please be aware that updates related to how UNCW is affected will continue to be posted on this page.  In an abundance of caution and with guidance from the University and state officials, our staff will be working remote until further notice.  Please contact your counselor directly or use our Live Counselor option to chat live with a counselor.  We will respond as soon as we can. We appreciate your patience and cooperation during this time. If you would like to apply for the COVID-19 Student Emergency Fund, please click this link. Completion of this form does not guarantee receipt of emergency aid.

StudentAid.gov Now Offers Aid Resources All in One Place

1/16/2020 - In order to streamline content and resources under one link, Federal Student Aid websites such as the FAFSA, Entrance Counseling, Loan Agreements and PLUS Loan Applications, have all been moved to studentaid.gov. Take a look around and see what changes have occured! 

FAFSA and Selective Service Registration Websites

6/27/2019 - Attention Students and Parents: Just a general reminder that you never have to pay to complete a FASFA (Free Application for Federal Student Aid) or Selective Service registration. Both of these are completely free and you are encouraged to visit the correct site with the .gov address extension. If you choose to pay for these services, we do ask that you are cautious and check to ensure they are not scam or phishing sites.

ED Releases Highly-Anticipated Verification Guidance

1/9/2019 - (Excerpt) - The Department of Education (ED) released guidance on the verification process on Wednesday that would decrease the burden on students, families, and financial aid administrators and ensure easier access to federal financial aid.

In an electronic announcement, ED wrote that it would allow copies of tax returns and written statements of non-filing to be accepted for verification purposes in lieu of obtaining IRS tax return transcripts and verification of non-filing (VONF) forms for both the 2018-19 and 2019-20 application years. This guidance is effective for all verifications conducted on or after January 9, 2019, regardless of FAFSA processing date.

Year-Round Pell

Year-Round Pell allows students to receive up to 150% of a regular grant award over the course of the academic year so that they can continue taking classes in the summer and finish their degrees faster than they would otherwise.  This additional 50% requires that you be at least half-time and this usage goes toward the 600% LEU.

IRS Data Retrieval Tool (IRS DRT) Available for 2018-19   

The IRS DRT is available to use with the 2018-19 FAFSA form. Additional security and privacy protections have been added to address concerns that data from the tool could be used by identity thieves to file fraudulent tax returns. The IRS DRT will not return for the 2017-2018 form. The IRS DRT remains the fastest, most accurate way to input your tax return information into the FAFSA form. 

For your privacy, the tax information you transfer from the IRS into your FAFSA form won’t be visible to you. Instead, you will see “Transferred from the IRS” in the appropriate fields on fafsa.gov, the IRS DRT web page, and on the Student Aid Report. 

Also, if you filed an amended tax return, you now may be eligible to use the IRS DRT.

Although the IRS DRT is unavailable to use when completing the 2017‒18 FAFSA form, you can still apply at fafsa.gov and manually enter your tax return information.

Remember: The 2017–18 FAFSA form requires your 2015 tax data. 

Got your tax return or transcript in hand, and not sure what goes where on the FAFSA form? You can still fill out the FAFSA form without access to the IRS DRT.

Maintaining Financial Aid Eligibility (SAP)

Once you’ve filled out your Free Application for Federal Student Aid (FAFSA) form and received your grant, loan, or work-study funds to help you pay for college or career school, make sure you stay eligible throughout the academic year—and in subsequent years.

• Continue to Meet Basic Eligibility Criteria
• Make Satisfactory Academic Progress
• Fill Out the FAFSA® Form Each Year

Past OSFA News and Announcements