We understand that applying for financial aid can be confusing.
If you have any questions after reviewing the information below, contact us. We're happy to help!
- The PROFILE is used to determine eligibility for need based financial aid from Mount Holyoke. If you are applying for federal aid only you do not need to file the PROFILE. (See FAFSA, below.)
- File the CollegeBoard PROFILE online. School Code: 3529.
- The Noncustodial PROFILE is required of students whose biological or adoptive parents are not married to each other and are living separately. If a Noncustodial PROFILE is required, after submitting the PROFILE the CollegeBoard will email the student with instructions on filing the Noncustodial PROFILE. (NOTE: If biological/adoptive parents are living together, whether married or not, financial information for both parents should be included on the PROFILE. The noncustodial parent should submit the noncustodial PROFILE as well as federal tax forms even if no support was received from the noncustodial parent.)
- 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. (School Code: 002192.) Filing for the academic year 2016-2017 begins January 1, 2016.
- IRS Data Retrieval Tool Option (DRT)
To expedite the application process we recommend students chose the DRT option to automatically transfer student and/or parent tax information directly from the IRS into the FAFSA. To use 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 the FAFSA has already been file but the DRT was not used, students may return to the FAFSA and select that option. (Keep in mind our priority deadline should still be met.) View a brief IRS Data Retrieval tutorial with step-by-step instructions.
3. Parent and Student Federal Tax Returns
- The 2015 federal tax return, all schedules, and W-2s are required. If the student or student's praents own any corporations, partnerships or trusts, include copies of those returns (Forms 1041, 1065, 1120, 1120S, K-1).
- Upload all tax forms directly to the Institutional Documentation Service, IDOC. The PROFILE should be filed first; Students will receive a notice from the College Board after filing the PROFILE with information on how accessing IDOC. Click here for IDOC's Frequently asked Questions sheet: IDOC FAQ or here to view an IDOC video tutorial.
- Noncustodial parent 2015 federal tax returns, all schedules and W-2s, are required if the Noncustodial PROFILE is required.
Be sure to review our deadlines page. We will accept late applications however, students whose applications are completed after the deadline may not receive financial aid eligibility information at the time admission decisions are released.