Applying for financial aid can be confusing especially if it's the first time you and your family have applied. The information below is a useful guide but if any questions arise, please be sure to be in touch with us. We are happy to help!
- The PROFILE is used to determine eligibility for need based institutional financial aid. (If you are applying for federal aid only you do not need to file the PROFILE. See FAFSA below.)
- File the PROFILE online via the CollegeBoard.
- Mount Holyoke College School Code is 3529.
- You may use estimated income information to complete the PROFILE in order to meet our priority deadline. (Financial aid eligibility may change after a review of final 2013 tax returns.)
- *The Noncustodial PROFILE is required of students whose biological or adoptive parents are not married to each other. After submitting the CSS PROFILE, if applicable, the CollegeBoard will email the student with instructions and a link to the Noncustodial PROFILE.
- The FAFSA is used to determine eligibility for federal financial aid including grant and loan assistance. (If you are applying for federal aid only you do not need to file the PROFILE.)
- File the FAFSA online.
- Mount Holyoke College School Code is 002192.
- FAFSA filing for the academic year 2014-2015 begins January 1, 2014.
- You may use estimated income information to complete the FAFSA in order to meet our priority deadline. (Financial aid eligibility may change after a review of final 2013 tax returns.)
IRS Data Retrieval Tool Option (DRT)
When completing your FAFSA you may choose the DRT to automatically transfer your and your parents' tax information directly from the IRS into your FAFSA. This expedites the application process if your FAFSA was selected for verification by the Department of Education. To make best use of this option, file the FAFSA at least two weeks after filing tax returns electronically with the IRS; six weeks if taxes were filed via paper. If you have already filed your FAFSA but did not use the DRT, you may return to your FAFSA and select that option. (Keep in mind you should still meet our priority deadline for your financial aid application.) View a brief IRS Data Retrieval tutorial with step-by-step instructions.
3. Parent (and noncustodial parent) and Student 2013 Federal Tax Forms
- Federal tax returns are required if you are applying for institutional need based aid. Returns may be required if you are only applying for federal aid and we are required to verify information.
- All tax forms should be mailed to IDOC, Institutional Documentation Service, not to our office. Your file will remain incomplete unless forms are processed through IDOC.
- Forms include: 2013 federal income tax returns, all schedules, forms, and W-2s. If you or your parents own any corporations, partnerships or trusts, include copies of those returns (Forms 1041, 1065, 1120, 1120S, K-1). IDOC will be available to you after you have submitted the PROFILE. Once you have submitted the PROFILE, and after the IDOC service has started up in early February for the 2014-15 academic year, you will be sent an email from the College Board with instructions on how to complete the IDOC process.
- Do not send state tax returns.
- Noncustodial parent 2013 federal tax returns, all schedules and W-2s, using an additional IDOC cover sheet, are required if the Noncustodial PROFILE is required.