Students at Lake Washington Institute of Technology must start the financial aid process by competing the Free Application for Federal Student Aid (FAFSA). You have three options to complete the application:
Since the FAFSA must be submitted annually, it is advised that students apply as soon as possible after January 1st of the year they will be attending. (Example January 1st, for the next academic year)
We highly recommend applying online. FAFSA online is the quickest and easiest method of applying. Detailed help screens assist the student. Built-in edits detect errors and reduce the number of rejected applications. Applicants have instant access to an estimated Expected Family Contribution. Information is sent directly to the Federal Student Aid's Central Processing System. When an application is signed electronicallly with a PIN and a valid email address is provided, resluts arrive within three to five days, compared to two to three weeks with a paper FAFSA.
Signing the Application with a PIN or Signature Page
At the end of the FAFSA, the sudent (and the dependent student's parent) signs electronically using his or her PIN. A student or parent without a PIN has the option to apply for a PIN, receive it instantly, and immediately use it to sign the FAFSA. If the student or parent chooses not to use a PIN to sign, he or she should print, sign and mail a signature page to the Central Processing System. The student should be sure to submit the FAFSA after printing the signature page. If the student does not sign (either electronically or with a signature page) within 14 days of submitting the application, he or she will receive a Student Aid Report (SAR) in the mail requesting the appropriate signatures. The student (and parent, if appropriate) must sign the SAR and return it to the FAFSA processor before the application can be processed and an EFC calculated.
Regardless of the way a student applies, there is certain information that will need to be included on the application such as:
Number in household,
Number in college,
Family income, etc.
The processor then applies a formula to the information provided and determines the Expected Family Contribution (EFC). This is the amount the Department of Education expects the student/parent to contribute towards a student's educational expenses.
After the FAFSA application is processed, the student receives a Student Aid Report (SAR). The SAR contains all the information that was submitted on the financial aid application or FAFSA. Most students receive a link to the SAR via email. Students should add FAFSA@cpsemail.ed.gov to their email adress book or "safe list" so that the student's Internet service provider does not treat the SAR email as spam.