Your financial form will be analyzed, and the results will be sent to the schools and scholarship agencies that you designate. Again, the sooner you apply the better.
Minnesota State Grants
The deadline for acceptance of State Grant applications is 30 days after the start of the term for your school. The FAFSA must be received by the federal application processing center no later than 30 days after the start of that term. Missing the deadline for one term does not necessarily mean you will not be eligible for the remaining terms of the academic year.
Federal Pell Grants
If you are attending a postsecondary school in 2007-2008, you can apply through June 30, 2008 and still receive a Pell Grant for the enrollment period between July 1, 2007 and June 30, 2008.
Federal Stafford Loans
You can apply for a Stafford Student Loan any time during the year. There are several different application procedures. Check with the financial aid office at the school the student is attending or plans to attend to learn which procedure it recommends. Some school participate in the Federal Direct Student Loan Program which allows students to borrow directly from the U.S. Department of Education through their school. Ask how much time it takes to process an application, and submit the application at least that long before the end of the school term.
Reciprocity
If you’re a Minnesota student planning to attend school in a neighboring state as a reciprocity student, you can obtain a paper reciprocity application from high school counselors, eligible colleges or universities, or administrative agencies in the states. Better yet, you can apply for reciprocity electronically. The deadline is the last day of the term for which reciprocity is requested. Minnesota residents attending college in South Dakota will have eligibility for reciprocity determined by the campus without having to complete a reciprocity application.
Campus-Based Programs
The deadlines for the various financial aid programs sponsored by an institution are established by the individual school’s financial aid office. Check with the financial aid office at school you want to attend or currently are attending.