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Home > College Offices > SFS Updates > Apply for Financial Aid > Current Students
Current Students
SFS Updates
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Forms & Deadlines
International students are not required to submit the PROFILE each year. An international student's parent contribution is determined at the time of her acceptance to the College and the student contribution will be based on a review of U.S. federal taxes for each subsequent year. In addition, if an international student has been approved for funding for a study abroad program, she must submit a consortium agreement by June 1 for a fall or full year study abroad program, or December 1 for a spring semester study abroad program. Domestic students must reapply for financial assistance each year. The following forms are due in Student Financial Services by May 1, 2010:
Financial Aid Online now available to check application status
- FAFSA (Mount Holyoke Code 002192)
Free Application for Federal Student Aid File with Dept. of Education by April 15th to meet the May 1st due date.
- CSS / Financial Aid PROFILE (Mount Holyoke Code 3529)
File with the College Board by April 15th to meet the May 1st due date.
- Federal 2009 Tax Returns and W2 forms
Parent and student signed tax returns, all forms & schedules. Upon completing the CSS / Financial Aid PROFILE application, you will be emailed a link to the IDOC (Institutional Documentation Service) Cover Sheet by the College Board. You will use the IDOC cover sheet to submit your 2008 federal income tax return, ALL schedules and forms, and W-2s. If you or your parents own corporations, partnerships or trusts, please include copies of those tax returns (Forms 1041, 1065, 1120, 1120S, K-1). Follow the instructions on the IDOC Requirements Document and mail all your application materials to the College Board with the cover sheet. The subject line of the College Board email will read "IDOC Notification - Your Next Step to Financial Aid." Student Financial Services will not accept these documents directly. Please do not mail or fax tax documents to the school because they will be shredded. Mail all your forms to IDOC in one packet. Do not submit the IDOC packet until all documents are collected.
- Noncustodial PROFILE (NCP)
If your parents are separated, divorced, or never married, we require the Noncustodial parent to submit a web-based Noncustodial PROFILE (NCP). At the end of the registration process for the PROFILE application, you will receive an email which will include a password that you will need to forward to your noncustodial parent in order for him or her to be able to complete the Noncustodial PROFILE. Please check your email settings to ensure you receive this important email from the College Board.
- Noncustodial parent 2009 signed Federal Tax Return, including all schedules
A second copy of the IDOC cover sheet should be used to submit tax forms to IDOC. Mail all forms to IDOC in one packet. Noncustodial and custodial parents may submit documents in different packets with different cover sheets.
- Business Documents
If either of your parents is self-employed or own any part of a business or farm, he/she will need to submit a corporate tax return and/or Business/Farm Supplement. This form should be included in your IDOC packet.
Please note: the FAFSA and PROFILE forms take up to 2 weeks to be processed and sent electronically to our office. Therefore, these forms should be filed by April 15th with their respective agencies to ensure receipt in the Student Financial Services office by the May 1st deadline. Please note that we cannot accept paper copies of the PROFILE or FAFSA. To avoid delays in processing please make sure the FAFSA and PROFILE are e-signed and the correct social security numbers are used.
Estimated income: It is acceptable to use estimated figures when completing the FAFSA and PROFILE forms. We will verify actual figures when tax returns are submitted.
Filing the FAFSA
- Students may file the 2010-2011 FAFSA beginning January 1, 2010. For more information regarding the FAFSA you may call (800) 433-3243.
- A student and/or parent can request a PIN to file the FAFSA online.
Filing the PROFILE
The PROFILE form must be completed on-line. If you have questions, you may contact the College Board at (305) 829-9793 or help@cssprofile.org.
Receipt of Forms
It is the student's responsibility to make sure that all forms are received by the Student Financial Services office and that her financial aid application is in order. Students should regularly check their application status through Financial Aid Online. Reminder emails to check their status online will be sent to students periodically.
Deadline Policy
It is important that all required documents be received by the May 1st deadline. Since the implementation of our deadline policy the number of late applications has been reduced significantly. This has benefited students by reducing the number of students being held for registration in the fall. To emphasize the importance of this deadline, for those applications received after May 1st but before May 30th, the student's aid package will reflect a $1000 increase in student loan with a corresponding decrease of $1000 in grant aid. Applications complete after May 30th will result in a $2000 increase in student loan and a corresponding $2000 decrease in grant aid. If an application remains incomplete after July 15th, eligibility for institutional aid may not be available. Periodic email reminders of forms still outstanding will be sent to students throughout the spring and summer.
Notification of Aid Eligibility
Students who have completed their aid application by May 1st will be emailed a financial aid notification by late-June. Students should check Financial Aid Online for messages and award information during the summer. If we require additional information after we have begun our review of your file we will contact you as soon as possible. The deadline penalty does not apply to supplemental information that we may request after we have begun review of your file.
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