Financial Assistance

Need-Based Financial Aid

3 girls studying in carver atriumThe major portion of all financial assistance awarded each year is based on the student's financial need. All students and parents are strongly encouraged to file the Free Application for Federal Student Aid (FAFSA) every year.

The preferred method of filing the FAFSA is on the web at www.fafsa.ed.gov. A student must first receive an electronic personal identification number (PIN) from the federal government website at www.pin.ed.gov. This PIN will act as the student's electronic signature. If the student is a dependent student, one of the parents must also receive a PIN in order to sign the FAFSA electronically. If the student chooses to file the FAFSA in paper form, it is available in the high school guidance office; however, the electronic filing process is strongly recommended. When filing the FAFSA, be sure to list Simpson College, federal school code 001887.

The FAFSA is the only application required to determine eligibility for all state and federal assistance programs.

The information provided on the form will be analyzed at the processing center and a report of the financial need of the student and his/her family will be sent to the College. If filing electronically, Simpson College will receive this information within approximately three business days. This process could take as long as four to six weeks when filing in paper form. Financial assistance awards are made as soon as the applicant has been accepted for admission and the results of the FAFSA or the Renewal Application have been forwarded to the College. Simpson College will analyze the financial need and academic background of each student in determining the student's financial assistance award.

Iowa applicants must have their FAFSA to the processing center by July 1 in order to be eligible for State of Iowa funds.

Last Updated: 1/22/09