Step 1: Complete and e-Sign the FAFSA on the Web
- Apply as early as possible after January 1 because some of the awards are on a first come, first serve basis. Go to www.fafsa.ed.gov. Our school code is 003531.
- The FAFSA is FREE—do not pay someone to complete it for you. If you need assistance, ask us about the FAFSA Nights we host in January/February or come by our office.
- The student and the parent (if dependent) must both sign the FASFA. If you don’t have a PIN with the Department of Education yet, go to www.pin.ed.gov and apply. Keep your PIN in a secure place where you can retrieve it when needed.
- You must fill out a FAFSA every year to receive Financial Aid.
Step 2: Submit all requested documents to the Financial Aid and Scholarships Office
- The government randomly selects about a third of the applications for Verification. If you are selected for verification, we will send you notification with a list of documents that you need to supply. You can also see your outstanding requirements and their status in Banner Self-Service in the Financial Aid section.
Sept 3: Awards are made
- After all requirements are satisfied and the FAFSA is official, awards are made by the Financial Aid and Scholarships Office. First-time students will receive award notifications via US Mail. Returning students will receive their notifications via their UTM email account.
Step 4: Accept your Financial Aid Awards
- Go to Banner Self-Service at https://banner.utm.edu and follow directions to log-in and access Banner Student Information System
- Click “Financial Aid” then “Award Information”
- “Accept Award by Aid Year”
- Select “Accept Award Offer” tab. Scroll down and accept or decline award
- First-time borrowers for loans: Follow through with Steps 2 (complete the Master Promissory Note) & Step 3 (Complete online Entrance Loan Counseling) The MPN is good for 10 years and the Entrance Loan Counseling has no expiration.
- Other awards have specific requirements associated with them. Be sure to read carefully when accepting.
- Periodically check on the status of any outstanding requirements.
- READ. There are many avoidable errors made when applying and accepting Financial Aid due to not reading. If, after reading, you are still not clear on a question, take the time to call either your school or the Federal Student Aid Information Center at 1-800-4-FED AID (1-800-433-3243). The few extra minutes it takes could save you weeks of delays!