Listen to Randy Hibbs explain Financial Aid at Maranatha
We encourage students to apply for financial aid each year they attend Maranatha. Funds cannot be awarded unless students apply for aid! To receive financial aid, you must
Applying for Financial Aid
Complete your FAFSA online as early as possible. You must apply and be accepted before you can receive financial aid. Submit your FAFSA as soon as possible after January 1 of the year you plan to attend.
Apply online for a Federal Personal Identification Number (PIN). The PIN will allow you to electronically sign the FAFSA. If you are a dependent student, your parents will need to apply for a PIN also.
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FAFSA Announcement
for 2009-10 students
If you need help to fill out the FASFA,
please make an appointment with the office. You'll need the following items:
- Social Security #
- Driver's license #
- Copy of 2008 Federal Income Tax Return
- Copy of 2008 W-2 forms
- Signed copy of each parent's 2008 Federal Income Tax Return
- Copy of each parent's 2008 W-2 forms
- Your PIN number and parent's PIN number (www.pin.ed.gov)
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To determine whether you are a dependent or independent student, review the following statements. If you answer yes to any of the statements, you are an independent student.
- I will be 24 years old by January 1 of the school year for which I am applying.
- I am married at the time of completing the FAFSA.
- I am a veteran of the U.S. Armed Forces.
- I will be in a graduate degree program.
- I have children or dependents for whom I provide more than half their support.
- I am an orphan or ward of the court.
- Gather together the necessary information to complete the FAFSA. This will require income and asset information from you and your parents. Have the appropriate tax forms, bank statements, and investment information on hand. You may want to complete the FAFSA Pre-application Worksheet, which may be found at the Federal Student Aid website.
- Complete the FAFSA form online. Be sure to include Maranatha's school code, 016394. Sign with your PIN.
- Review the Student Aid Report (SAR) that you will receive. If you find errors, you may correct them online or call FAFSA at 800-433-3243. The SAR will list Expected Family Contribution (EFC), which is used in determining aid for which a student may qualify.
- Respond to any follow-up information requests from Maranatha's Financial Aid Office. Students chosen for verification may be asked to submit copies of federal tax forms, a verification worksheet, and other supporting documentation.
- Once you have submitted a FAFSA and completed verification (if chosen), the Financial Aid Office will send you an award letter listing all of the aid for which you are eligible. It is important to read completely through the award letter and follow the instructions for signing and returning the award letter.
Paper FAFSA: If you'd like to complete a paper FAFSA, you can find a PDF version of the FAFSA on various Federal Student Aid web sites, such as www.FederalStudentAid.ed.gov. or you may call the Federal Student Aid Information Center (FSAIC) toll-free at 1-800-4-FED-AID (1-800-433-3243) to request one. You may request up to three copies of the paper application and should receive their FAFSAs in 3 to 7 business days.
About the Financial Aid Office
To help determine the extent of a family's ability to cover college expenses, the Financial Aid Office performs a "need analysis," which includes consideration of family income and assets, number of children in college, and special circumstances.
Maranatha's Financial Aid Office helps find funds to pay expenses. Financial aid is intended to supplement family resources. Financial aid includes scholarships, grants, loans, or student employment. These funds can come from federal, state, institutional, or private resources.
Depending upon eligibility, students applying for financial aid at Maranatha may receive funds from a combination of sources. More than 80 percent of Maranatha's current students receive some form of financial aid. For more information, please contact the Financial Aid Office at financialaid@mbbc.edu or 920-206-2318.