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1. |
Apply for admission to YSU. The admission application
process must be complete in order to be considered for YSU scholarships and receive a financial aid package. With the
exception of the University Scholars Application, there are no other application forms needed for YSU's
Scholarships for Excellence.
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2. |
Complete the YSU Institutional Aid Application online to be considered for certain need-based aid or other miscellaneous scholarships. The closing date for scholarship consideration is February 15.
(Be sure to search our online scholarship listings for more scholarship opportunities)
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3. |
Apply for a PIN at www.pin.ed.gov. Both students and parents need a pin.
The PIN, once received (usually between 24 and 48 hours), allows you to electronically sign the Free Application for Federal
Student Aid (see step 4).
For future reference: new student loan applicants may also use their PIN to sign a Master Promissory Note (MPN) electronically.
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4. |
Complete the Free Application for Federal Student Aid FAFSA) at
www.fafsa.ed.gov no later than the YSU priority filing date of February 15. The YSU six digit school code for
the FAFSA is 003145. (Males 18 to 26 years of age must be registered with the Selective Service
before any aid can be disbursed.)
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5. |
Once your FAFSA has been processed, you will receive a Student Aid Report (SAR). Review the SAR for accuracy.
Your SAR will provide the expected family contribution (EFC) figure used to determine financial need. For instructions
on correcting your SAR, click here.
If you need assistance with the correction process, contact one of our financial aid counselors.
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6. |
If you are selected for the federal student aid process of verification, YSU will
request copies of federal tax returns and additional documents to complete the review of your SAR. Retain copies of all
records (the federal tax returns, untaxed income statements, bank records, etc.) used to complete the FAFSA in case your SAR
is selected for this review.
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7. |
The SAR determines your eligibility for a Federal and State grants. YSU also uses the SAR to determine your financial need
for other types of campus-based aid such as Federal Perkins Loans, Federal Work-Study, and Federal Supplemental Educational Opportunity
Grant (FSEOG) and to determine your eligibility for the Federal Family Education Loans (subsidized and unsubsidized Federal Stafford
and Parent PLUS loans).
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8. |
Scholarship award letters will be mailed to eligible students by the end of March. To ensure acceptance
of your scholarship, sign and return your acceptance letter no later than May 1.
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9. |
A financial aid award offer (package) will be issued when the SAR is complete and campus based aid has been awarded.
If you meet the February 15 priority filing date for financial aid consideration, you will receive a YSU financial
aid award offer by the end of April.
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10. |
Follow the instructions included with your financial aid offer to accept your awards. Students must login to their MyYSU Portal
account to view and accept their aid. New students will receive their MyYSU User ID and initial password with their admission
information.
The financial aid award offer lists student loan eligibility. However, students/parents planning on
obtaining federal educational loans must meet the guidelines listed on the financial aid award offer and our web site
(Federal Entrance Counseling and signing a Master Promissory Note are required steps).
To view a detailed explanation of how to accept your aid at Youngstown State University
click here.
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