The key to financing your education is to start the planning
early. The more you understand the resources available to you and
your family, the better prepared you will be to pay the cost of
The Office of Student Financial Services at St. John's
University is committed to helping you and your family navigate the
financial aid application process. Below is a step-by-step guide
through the process of applying for financial aid.
Step 1: Complete the Free Application for Federal
Student Aid (FAFSA)
There are three ways you can complete the FAFSA:
Apply online at http://www.fafsa.ed.gov/. It's
fast, easy and efficient. Internet access is available at most
- Renewal Form
If you applied for financial aid in 2012-2013 you will receive
your Renewal FAFSA by late January 2013. If you do not receive one
use one of the other options in this section. You can access your
Renewal FAFSA on the Internet at http://www.fafsa.ed.gov/.
However, you must request a PIN number from http://www.pin.ed.gov/ if you do
not already have one.
- You must complete a FAFSA every year!
- Do not wait until you have been admitted to the college to
- Do not wait until you file your actual 2012 federal and/or
state income tax returns. Use estimated 2012 federal income tax
information when you complete the FAFSA.
- You are not allowed to complete, mail or sign the
2013-2014 FAFSA before January 1, 2013.
- On the FAFSA, Step Six, Item #86, you must indicate our
Title IV federal school code, which is 002823.
- Keep copies of all documents that you used to complete the
FAFSA in case your application is chosen for federal verification.
See Federal Verification Process in Step 4 for more
Why should everyone file a
The Office of Student Financial Services at St. John's University
recommends that every student complete a FAFSA even though you feel
that you may not be eligible for financial assistance. We encourage
you to file a FAFSA because:
- Every student is eligible for some type of financial
- A FAFSA must be filed to receive any type of federal or state
financial aid including loans.
- FAFSA information is used to determine eligibility for some
- Your family's financial situation may change during the
Step 2: Student Aid Report
You will receive a 2013-2014 Student Aid Report (SAR) from the
federal processor approximately four weeks after completing your
FAFSA. The SAR indicates all the information you and your family
reported on the FAFSA.
If you need to make corrections on your SAR, indicate the revisions
in the corresponding box and obtain the appropriate signatures. If
the St. John's University federal school code (002823) is not
listed on the SAR contact the Federal Processor at (800) 4 FED AID
and add the St. John's University school code (002823).
If you do not need to make corrections please keep this document
for your records. If you have general inquiries regarding your SAR
contact the Federal Processor at (800) 4 FED AID.
Step 3: TAP on the Web-electronic
NY residents can apply for both federal and state financial aid
using a single online session. After filling out the FAFSA on the
Web, NYS resident can link to TAP on the Web, which is pre-filled
with their FAFSA data and, if applicable, historical data from
Express TAP application (ETA)—paper process
Students initiate the TAP application process by filing a Free
Application for Federal Student Aid (FAFSA).
HESC will use FAFSA data to preprint an ETA for any NYS resident
who lists at least one NYS institution on the FAFSA. The preprinted
ETA will include student data from the FAFSA and will provide an
opportunity for the student to change or update the information.
The first NYS institution listed on the FAFSA will be indicated on
the ETA. The estimated NYS net taxable income derived from the
FAFSA will be preprinted on the ETA. If the estimated income
differs from the actual income reported to the NYS Tax Department,
a correction can be made on the ETA. Students must sign the ETA and
return it to HESC and, if required, spouses and parents,. HESC will
process returned ETA forms and then issue award certificates,
denials, or requests for additional information.
For questions regarding TAP please contact New York State at (888)
697-4372 or visit them online at http://www.hesc.com/.
• Make it easy on yourself. Enter St. John's
University's federal school code (002823) as the first school on
your FAFSA. This will insure that your TAP award will be used to
pay for the costs at St. John's University.
• If St. John's University is not listed on the
ETA, enter our TAP code 0751 on the application and return it to
NYSHESC in the envelope provided.
Step 4: Federal Verification
The Federal Processor reviews all FAFSA applications and selects a
percent for a process known as verification. In order to complete
the verification process, you must submit documentation that
verifies the information you and your family reported on the FAFSA.
If you are selected for verification, our office will send you the
appropriate documentation to be completed. All completed
documentation must be sent to the Office of Student Financial
Services for review.
Step 5: The Financial Aid Award
New students must wait until they have been accepted to St. John's
University before they will receive a Financial Aid Award Letter.
The award letter will list the amounts and types of federal, state
and/or institutional assistance they are eligible to receive. Award
letters are generated beginning in March and will continue to be
sent out to all accepted students who file a FAFSA and list St.
John's University's federal school code ,002823, on their FAFSA
Step 6: Apply for a Federal Direct
Parents and students may want to consider borrowing federal student
loans to assist with meeting educational costs. For new or
first-time borrowers once you file your FAFSA form, you will
receive a Financial Aid Award Letter indicating the amount of your
student loan eligibility along with instructions on when and how to
apply for your loans.
For continuing student borrowers, if you have previously borrowed
under the Federal Direct Loan program at St. John's you will not
need to complete a new Master new Promissory Note each year but you
must accept your loans by logging into your personal UIS