APPLYING FOR AID

 
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All types of financial aid can be divided into two categories: merit-based aid and need-based aid.  Each category has different applications, criteria, and timelines. Yet, applying for any kind of aid begins with applying for and being admitted to Gustavus.



ADMISSION PROCESS

  1. Part One.  Start your application for admission by submitting the Gustavus Application for Admission, Part One.

  2. Part Two.  Finish your part of the Application for Admission by completing Part Two.  Alternatively, you can apply to Gustavus using the Common Application.
  3. School Forms.  After filling in your information at the top of each form, give the School Report to your guidance counselor and the Teacher Evaluation to the teacher who knows you best academically.
  4. Fee.  There is no application fee whether applying to Gustavus online or on paper.

  5. Status.  All applicants can check what pieces of the application have been received and their admission status.

  6. Notification

    Application complete by

    Admission decision by

    November 1

    November 20

    December 1

    December 20

    January 1 or after

    Rolling notification beginning January 20


  7. Deposit.  Regardless of when you were admitted, you can confirm your intention to enroll at Gustavus by sending a $300 non-refundable deposit postmarked by May 1.

 

FINANCIAL AID PROCESS

  1. Before Admission.  To get a possible award more quickly, you can begin the financial aid process before receiving an offer of admission.

  2. Scholarship Applications.  To be considered for the President’s, fine arts, or speech scholarships, submit the individual scholarship applications by January 1.

  3. CSS/Financial Aid PROFILE or Free Application for Federal Student Aid (FAFSA).  All financial aid applicants need to complete the PROFILE and/or the FAFSA.  Learn more about the PROFILE or go to the FAFSA website.

  4. Timeline.

     

    Admitted to Gustavus and submitted the PROFILE by

    Financial aid award by*

    December 1

    December 20

    January 1

    January 20

    Admitted to Gustavus and submitted the FAFSA by

    Financial aid award by*

    February 1 or after

    Rolling notification beginning February 20


  5. * Scholarship Day.  Finalists (notified by January 20) for the President’s, fine arts, or speech scholarships will receive their entire financial aid award shortly after participating in Scholarship Day.

  6. Verification.  If you receive a financial aid award from Gustavus, you may need to provide additional documents.  Our financial aid office will notify you.

 
MERIT-BASED AID (SCHOLARSHIPS)

After admission to Gustavus, qualified students will be automatically considered for annually renewable merit-based aid (scholarships), like our Dean's Scholarship.  Some scholarships require separate applications before consideration, such as our top academic scholarship (the President's Scholarship) and our fine arts scholarships.  The application deadline for these scholarships is January 1, 2010.


NEED-BASED AID

Eligibility for need-based financial aid is determined by the one-time submission of the CSS/Financial Aid PROFILE or FAFSA and the subsequent annual submission of the Free Application for Federal Student Aid (FAFSA).

The PROFILE and FAFSA use a formula to determine your family's expected contribution toward your education costs in the coming year.  Family income and assets are primary considerations. Other factors are also assessed, including certain personal data like size of family, number of family members in college and age of parents.

To receive an initial estimate of your family's financial aid eligibility, download, print, and complete Gustavus' financial aid estimate form.

After receiving an actual financial aid award, some families will be asked to verify their financial information by submitting tax forms and other related forms.

Financial aid awards are renewable by completing the FAFSA each subsequent year.

   
 
 
 
   
 
   
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