Academic Year: 2015-2016
Any applications for need-based assistance that are completed after the published deadline will be deemed late. If a prospective student demonstrates eligibility for institutional need-based assistance and their completed application (see below) is received after the published deadline, they will receive an award notification that will only include merit-based funding, athletic grants, tuition remission or exchange (if applicable) and the maximum federal assistance available. Award notices will be sent on a rolling basis beginning in mid-March for students admitted to the Class of 2019 and to accepted Transfer students beginning in late April. Late applications will not include any institutional need-based grant assistance regardless of a student’s demonstrated eligibility, or changes in circumstances.
The Office of Financial Aid will automatically maintain a waiting list for those students who complete all requirements past the published deadline. Therefore, a formal appeal or letter asking for reconsideration due to a family’s late application materials is not necessary. In late April for prospective students, the Office of Financial Aid will notify students of their status on the waiting list by phone and/or email. Students will be considered for need-based grant assistance solely if funds are available and in the date order that their application was completed. Funding is not guaranteed. Any funds offered to students will be determined solely on the availability of funding and may not be comparable to the level of grant assistance offered to those students who met the deadline and demonstrated a similar level of eligibility.
Students penalized for submitting late application materials in their first year at the College will have another opportunity to reapply for aid in future years provided the family meets the published deadlines going forward.
Prospective students who wish to apply for need-based assistance through the Office of Financial Aid in 2015-2016 must successfully complete the following application materials:
Each date above means the application/paperwork has to be received by Providence College no later than the published deadline. Students and their families are encouraged to submit all relevant applications and materials to the agencies that are processing them in enough time for Providence College to receive them by the required due dates.
The requirement for a business tax return applies to those families who have any interest in a sole proprietorship business, partnership, S-Corporation or Corporation. The most recent business return, including all balance sheets and K-1s, must be provided by the noted deadline.
Once the FAFSA has been submitted and processed, the U.S. Department of Education will send a family their Student Aid Report (SAR). Families are encouraged to read the comment section very carefully. If there is an issue with the application (i.e. missing signature, citizenship confirmation, selective service, verification selection, etc.) it will be outlined in this section and these issues must also be resolved by the published deadline in order for an application to be considered on-time.
Using estimated financial information is acceptable when completing initial FAFSA applications. Families are encouraged to estimate the best they can as it is equally important that their applications be received at Providence College by the published deadlines. Families do not have to wait until their current year taxes are finalized in order to submit the FAFSA. New students will be required to submit a signed copy of 2014 Federal Income Tax Returns (including all schedules and W2 statements) for both the parent and student. This information will be requested by our office once a student has accepted the offer of admission by sending in their non-refundable deposit.
Any incomplete information could cause a delay in the receipt of a family’s financial aid application(s) and could impact the amount of aid they are eligible to receive. Late submissions of required documents delay our review of applications and ultimately impact the institutional need-based funding decisions for all students.
*Any family that has been granted a tax extension must submit Form 4868 (Automatic Extension of Time to File) in order to temporarily satisfy the parent/student tax return only. The extension(s) notice must include the extended date for filing and still be submitted to the College by the tax deadline outlined above. All pertinent and other required documents still must meet the above deadlines.
Our office communication to students became 100% electronic in June 2008 and we have enjoyed tremendous success with the enhanced outreach we have been able to provide to our students. Our change in communication (i.e. paperless) came on the heels of the College announcing that email was the official form of communication.
In order to avoid any confusion surrounding our communication practice, here are some pertinent points about our communication policy we would like to highlight for you that will take effect once your student deposits at the College:
Communications from the Office of Financial Aid at Providence College are emailed to the student only. All emails are directed to the email address provided on the application for admission.