|
The first step in the financial aid process is completing
the Free Application for Federal Student Aid (FAFSA).
By completing the FAFSA by our prority deadlines, you
are applying for all need-based financial aid including
grants, scholarships, loans, and federal work-study.
The Free Application for Federal Student Aid (FAFSA)
is available to complete online.
The online version is the fastest way to apply for financial
aid. If you prefer, you may fill out a paper FAFSA by
requesting the form from federal student aid. To receive
consideration for all federal and state funds and need-based
scholarships, submit the FAFSA directly to the Federal
Student Aid Programs. Miami's priority deadline to file
the FAFSA for new first-year students is February
15. For returning students and new transfer
students filing the FAFSA, Miami's priority deadline
is March 15. Miami's Federal School
Code is 003077. See
Tips for Completing the FAFSA and the Financial
Aid Timeline for a quick overview.
The federal processor calculates your Expected Family
Contribution (EFC) using the information you provide
on the FAFSA and a congressionally mandated formula
called Federal Methodology. The Expected Family Contribution
measures your family's ability to contribute to educational
costs, but is not necessarily what you will be asked
to pay. We estimate your cost to attend Miami University
based on the campus you will attend, your housing plan,
and your enrollment status. Cost of Attendance (COA)
includes tuition and fees, room and board, books and
supplies, personal expenses, and transportation. Your
eligibility for need-based aid is calculated by this
formula: Cost of Attendance (COA) minus your Expected
Family Contribution (EFC) equals your Financial Need.
Miami recommends that all applicants submit the FAFSA,
regardless of their financial need as our standards
for determining need are much more generous.
In late March, first-year applicants who filed the
FAFSA by February 15 will receive their financial aid
package. Miami uses the information from the FAFSA to
award your financial aid. Your financial aid package
may be a combination of scholarships, grants, loans,
and federal work-study.
Returning students must complete a FAFSA each
year by March 15 to be considered for all available
financial aid. Apply online.
Note: There is no charge to file the
FAFSA with the U.S. Department of Education, it is a
free application. Be wary of any organization that charges
a fee for this service, some are legitmate and some
are scams. The official website to submit a FAFSA with
the U.S. Department of Education is
www.fafsa.ed.gov not FAFSA.com.


To obtain an early estimate of eligibility for federal
student aid.

Click the image below to view the Financing Your
Miami Education brochure. (PDF format - 750 KB)
|