Financial Aid Application Deadline for Fall 2015 Transfer: April 1, 2015
Financial Aid Application Deadline for Spring 2016 Transfer: November 1, 2015
Students who wish to be considered for all forms of need-based state and institutional financial aid, including grants and scholarships, and receive a preliminary award before the admission deposit deadline must submit a 2015-2016 FAFSA and CSS PROFILE by the deadline listed above. State and institutional financial aid includes but is not limited to Virginia state grants and University need-based scholarships, grants and loans.
In addition, students who wish to receive a preliminary financial aid award before the May 15 (Fall Transfer) or December 15 (Spring Transfer) admission commitment date should also submit all additional application requirements by the date listed above. Applications are reviewed based upon the date the application is considered complete-- the earlier a student submits all application requirements, the earlier that student’s application will be reviewed. Students who submit their additional application requirements after the deadline will still be considered for all forms of aid, but are not guaranteed a preliminary award prior to the admission commitment deadline.
Importance of Meeting the Application Deadline
Students who do not submit the FAFSA and CSS PROFILE by the application deadline are considered late applicants. While late applicants are not eligible for state and institutional financial aid such as grants or scholarships, they may still apply for federal financial aid (Federal Direct Loans and, if they qualify, a Pell Grant). This deadline impacts financial aid eligibility for the entire academic year, including grant consideration for January Term and Summer Session.
Students who are unable to meet the application deadline should contact Student Financial Services well before the deadline with their concerns.
PREPARING TO APPLY
The 2015-2016 FAFSA and the CSS PROFILE ask for income and tax information from the 2014 income tax return. If actual values are not available, federal regulation allows for the use of estimates when completing the FAFSA and updating the information after tax returns are filed. Students may also use estimates when completing the CSS PROFILE even though updates cannot be made once the PROFILE is submitted. Please contact SFS for instructions on adjusting your CSS Profile after the deadline.
A note about tax returns: our office assumes that the tax documents you supply to Student Financial Services accurately reflect what you have submitted to the IRS. Our office uses tax return data to make corrections to the FAFSA and the CSS/PROFILE and will update those documents with the corrected data after May 1 each year.
Due April 1 (Fall Transfer) or November 1 (Spring Transfer)
The following documents are required by the above deadline for a student to be considered for all forms of need-based federal and institutional financial aid:
The following documents should also be submitted by April 1 (Fall Transfer) or November 1 (Spring Transfer) if the student wishes to receive a preliminary award prior to the admission commitment deadline of May 15 (Fall Transfer) or December 15 (Spring Transfer):
- U.Va. Parent and Student Signature Page
- Student Federal Tax Documents for 2014
- Student W2 for 2013
- Parent Federal Tax Documents for 2014*
- Parent W2 for 2014*
* Applicants who are considered independent for financial aid purposes do not need to submit this information. For information on circumstances that may qualify an applicant as independent for federal financial aid purposes, please click here.
WHAT HAPPENS NEXT
Two reasons additional information may be requested include:
- information omitted from the FAFSA or CSS PROFILE that should have been reported
- discrepancies in information reported
For more information about common application errors, click here.
Students who are unable to submit the application requirements should contact Student Financial Services as soon as possible.
Some students may be selected for verification by the Department of Education. SFS is required to collect specific information to complete verification in addition to those items listed under Application Requirements. In almost all cases, students must submit an Internal Revenue Service (IRS) Tax Return Transcript to verify income or successfully upload tax information using the IRS Data Retrieval Tool in FAFSA on the Web. For more information about verification, including instructions for obtaining a Tax Return Transcript or using the IRS Data Retrieval Tool, click here.
SFS recognizes that some students and parents may not have filed their federal income tax return at the time their application is selected for verification. As a result, students who are transferring for the fall may still receive a preliminary award without the tax return transcript. However, the tax return transcript is required in order to receive an official award later in the summer. Also note that the preliminary award is subject to change if the information on the tax return transcript is inconsistent with the values on the federal income tax return submitted. Students who are transferring for the spring are required to complete verification before an award can be offered since most tax filers will have filed their income tax return with the IRS by the application deadline.
Preliminary and Official Financial Aid Awards
Students who submit all application materials by the deadline will receive a Preliminary Award by the admission decision deadline. Please refer to the Financial Aid Basics section for crucial information on preliminary awards, types of aid, estimated cost of attendance, how to receive your financial aid, and more.