MSU OFA News

 

November 13, 2015

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fafsa changes

President Obama recently announced an important change to the financial aid application process. Currently students have to wait until January 1st to complete their Free Application for Federal Student Aid (FAFSA) for the upcoming school year. For example, to apply for financial aid for 2016-2017 students can complete the FAFSA beginning January 1st, 2016 using 2015 tax information. Many students and their families do not have their taxes completed until several months later so they fill out the FAFSA with estimated information and update the FAFSA after their taxes are filed.

Beginning with the 2017-2018 school year, students will be able to complete their FAFSA as early as October 1st, 2016! They will use 2015 tax information which most students have submitted by that point. Since their taxes are completed they can use the IRS Data Retrieval Tool that is offered where they can transfer their tax information directly from the IRS to the FAFSA. This reduces FAFSA errors significantly and will reduce the need to turn in additional documentation to the Office of Financial Aid. They will also have more time to plan for the upcoming school year.

We will continue to update you with more details as they are available. For more information visit studentaid.ed.gov/sa/about/announcements/fafsa-changes

spring bills

Tomorrow Spring Bills will be available to view in StuInfo. Click on "Billing Statements" under either the Student Accounts or Quick Links drop-down menu to view the bill. Please note that the "Billing Statement" is a snapshot in time and does not update when additional financial aid, payments, dropping or adding of courses occur.

If you would like to view your most recent billing activity and balance, click on "Account Detail". Account detail updates overnight so there can be a 24 hour delay. For billing questions please contact Student Accounts. If your question relates to financial aid please contact the Office of Financial Aid.

important dates

November 14 - Spring 2016 Bills are available in StuInfo (no paper bills are mailed)

November 16 -MSUFCU Financial 4.0 - Credit Education - East Neighborhood

December 02 - MSUFCU Financial 4.0 - Identity Theft - East Neighborhood

December 11 - Initial payment is due for Spring 2016


Contact Us

Office of Financial
www.finaid.msu.edu
E-mail: finaid@msu.eduMSU Seal
Phone: 517-353-5940
Fax: 517-432-1155
In-Person or Mail:
556 E Circle Dr, Room 252

East Lansing, MI 48824

Walk-In Advising Hours:
Monday-Friday
9:00am to 4:45pm

Phone Hours:
Monday-Thursday
8:00am to 5:00pm
Friday
9:00am to 5:00pm

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