Here’s the Scoop on Early Decision Financial Aid Awards

Corinne Franklin on Tuesday, 12 January 2010. Posted in Admissions Process, Advising & Support, Financial Aid, Institute Requirements, Student Life

We’re on track! Early Decision Financial Aid awards will go out mid-January. You will receive an Early Decision Financial Aid award estimate within the next couple of weeks if you have been accepted to RIT, and; if you have submitted EITHER:

an RIT Early Decision Financial Aid Application https://www.rit.edu/emcs/financialaid/form-early-ED1100.php OR,
a 2010-2011 Free Application for Federal Student Aid (FAFSA) www.fafsa.gov

Now that that we are in the month of January, the on-line FAFSA is available to complete. So, I recommend that you complete the FAFSA if you want to apply for an Early Decision Financial Aid award. The FAFSA is required to confirm and to disburse any federal or RIT-sponsored financial aid. You can use estimated income to complete the FAFSA. However, once your taxes are completed, you should correct your FAFSA using actual income information.

If you have completed either the Early Decision Financial Aid Application OR the FAFSA, you do not have to submit anything else to be considered for an Early Decision Financial Aid Award. Congratulations to those of you who have been accepted to RIT! Please feel free to contact us with any questions regarding your Early Decision Financial Aid Award ().

Comments (8)

Ashley Hennigan

13 January 2010 at 13:38 | #

Great post! I've already referenced your blog to help an accepted student. You're also getting hits on our Facebook page www.facebook.com/RITAdmissions. Thanks!

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Corinne Franklin

14 January 2010 at 17:08 | #

Thanks, Ashley! Let me know if I can help answer any other questions regarding Financial Aid @ RIT.

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steve

30 January 2011 at 13:19 | #

Hi, I am a little confused. I filled out the 2010-2011 FAFSA and the an RIT Early Decision Financial Aid Application and have received my financial aid offer. We have submitted the $300 deposit. Do I still have to fill our the 2011-2012 FAFSA? What purpose would that serve?

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Corinne Franklin

31 January 2011 at 11:56 | #

Hi Steve! I apologize for the confusion. If you plan to enroll at RIT in the fall 2011, you will need to complete the 2011-2012 FAFSA. The FAFSA is required to receive need-based RIT Grants and Federal aid. This post was written in January 2010 when students were applying for the fall 2010 term. I hope this helps.

Corinne

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Steve

31 January 2011 at 16:50 | #

ok, but I did early decision before the 2011-2012 form was available. So even though I am accepted on December 15, 2010 and submitted my deposit, I still have to fill out the 2011-2012 form?

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Corinne Franklin

01 February 2011 at 11:01 | #

Steve,

We provide an Early Decision Financial Aid Award before the FAFSA is available, in most cases. We use the Early Decision Financial Aid Application to collect the necessary information. This enables us to provide estimated financial aid to families who are applying early decision. Once the FAFSA is available, we'll use the FAFSA to estimate a financial aid award. The FAFSA is required to receive any federal or need-based RIT financial aid. If your Early Decision Financial Aid Award included Federal or RIT need-based aid, you'll have to complete the 2011-2012 FAFSA. I can understand your confusion here. Let me know if you have any additional questions. And, congratulations on your acceptance to RIT!

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steve

01 February 2011 at 15:50 | #

Ok, thank you for clarifying!

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Comments (8)

Ashley Hennigan

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Steve

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