FAFSA  (Remember Milligan's FAFSA code: 003511)

Milligan College uses the Free Application for Federal Student Aid (FAFSA) to administer all federal, state and need-based institutional programs. After Milligan College receives the result of your FAFSA, called the Institutional Student Information Record (ISIR), it will be processed. We will request additional documentation and prepare an award package. Your FAFSA will allow you to be awarded for one academic year. You must file the FAFSA renewal in subsequent years to continue to receive financial aid.

1. Apply online and transmit electronically at www.fafsa.ed.gov. To request a paper copy of the FAFSA, contact Student Financial Services (SFS) at 800.447.4880 or 423.461.8949 or email SFS@milligan.edu.
    
2. Be sure to include Milligan's school code (003511) on your FAFSA.
    
3. If you plan on signing the FAFSA electronically, you and your parent (if you are a dependent student) must apply for a pin number prior to completing the FAFSA online. Otherwise, you will be prompted to print, sign, date and mail the signature page of the FAFSA. We recommend that students apply for a pin number to not only electronically sign their FAFSA, but track the processing of the FAFSA, make corrections online if necessary, and access all of your federal student aid records online, including federal student loan information. You may apply for a pin number at www.pin.ed.gov.
    

Financial Aid Calendar

It is important to meet the priority deadlines and to respond quickly to requests from Student Financial Services for additional documentation. Some awards are issued on a first-come, first-served basis.

For a Tennessee Student Assistance award, students should complete the FAFSA by March 1.
 

FAQ (Frequently Asked Questions)

Why fill out a FAFSA?

The (Free Application for Federal Student Aid), or FAFSA, is the first step in the financial aid process. Use it to apply for federal student financial aid, such as the Pell Grant, student loans, and college work-study. In addition, most states and schools use FAFSA information to award their financial aid. For instructions on how to complete the FAFSA, select Completing the FAFSA.

Why all the questions?

Your FAFSA responses are entered into a formula (known as the Federal Methodology), which is regulated by the Higher Education Act of 1965, as amended. The result is your Expected Family Contribution, or EFC. The EFC is a preliminary estimate that measures your family´s financial strength. It is subtracted from the Cost of Attendance at the school(s) you plan to attend to determine your eligibility for federal student aid.

How do I find out what my EFC is?

Federal Student Aid will send you a report, called a Student Aid Report, (SAR), by e-mail or by postal mail depending on the addresses that they have on file for you. The SAR lists the information you reported on your FAFSA. At the upper right of the front page of the SAR, you´ll find a figure called the EFC.

How much aid do I get?

Schools use your EFC to prepare a financial aid package (grants, loans, and/or work-study) to help you meet your financial need. Financial need is the difference between your EFC and your school´s cost of attendance (which can include living expenses).

TIP: If you or your family have special circumstances that impact your financial situation, contact your school´s financial aid office. Some examples include: unusual medical expenses or a large change in income from last year to this year.

When do I get the aid?

Your financial aid will be paid to you through your school. Typically, your school will first use the aid to pay tuition, fees, and room and board (if provided by the school). Any remaining aid is given to you for your other expenses.

Where can I get more information about student aid?

The financial aid office at the school you plan to attend is the best place to get information about federal, state, school and other sources of student financial aid.

You can also check out these resources:

• www.studentaid.ed.gov

• www.students.gov

• Milligan College Student Financial Services Office

• Your high school counselor's office

• Your local library

Information about other nonfederal assistance may be available from foundations, religious organizations, community organizations, and civic groups, as well as organizations related to your field of interest, such as the American Medical Association or American Bar Association. Check with your parents’ employers or unions to see if they award scholarships or have tuition payment plans.

Learn More

Learn more about the process of applying for federal financial aid and the types of federal financial aid programs. Read the Student Guide. The Student Guide is a publication of the Department of Education provided to educate students and families regarding federal financial aid to pay for college.

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