The Financial Aid Process
The following is an example of the typical process for obtaining financial aid. Each student's process can differ based on their unique aid package, so make sure you pay attention to the communication you receive from Arkansas Tech's Financial Aid Office to complete all requirements for your aid package.
Apply for Admission to the college of your choice
Apply for admission to the college you plan on attending. Check out Arkansas Tech University's application for admission here: apply.atu.edu!
Some schools, like Arkansas Tech, use their application for admission as the application for freshman academic scholarships. Be sure to submit all of your documents and get officially admitted as soon as possible!
If you have already completed this step, you are one step closer to graduation!
Create your fsa id
This can be completed much earlier than you can submit your Free Application for Federal Student Aid (FAFSA).
The FSA ID is a user name and password combination which confirms your identity on federal websites which you will use to apply and manage your federal aid throughout your college career and beyond. It is your legal signature and you will use it each year you fill out the FAFSA and for the lifetime of your federal student loans.
You and your parent, if required, will need separate FSA IDs with different e-mail addresses. Keep your username and password information in a safe place as you will use this as your electronic signature for your entire college career. Only the owner of the FSA ID should create and use the account. Never share your FSA ID.
Look for scholarships and grants.
Look for scholarships through your state or college as well as national and community organizations. Arkansas Tech's scholarships can be found at www.atu.edu/scholarships.Please pay attention to posted deadlines for all scholarships.
Complete the FAFSA
Receive a Student Aid Report (SAR)
After you submit your FAFSA, you'll receive an email with your Student Aid Report (SAR). Your SAR summarizes the information reported on your FAFSA. Review it and make corrections if needed.
Receive an Award E-mail
Your award e-mail explains how to access information about the combination of federal grants, loans, and work-study a college is offering you. The offer might also contain state and institutional aid, such as scholarships. If you receive award offers from multiple colleges or career schools, you should compare them and decide which school works best for you.
Enroll in your school of choice and register for classes
All Financial Aid is applied to your student account
Once your aid package is applied to your account, if your aid did not cover all of your expenses you will owe a balance. If your aid covered all of your expenses and you had some money leftover, this money will be refunded to you through the Student Accounts Office. Refund dates and information can be found at www.atu.edu/stuaccts.
If you receive any institutional aid from Arkansas Tech, such as academic scholarships, athletic scholarships, or tuition waivers, you must complete the FAFSA before your aid will credit to your student account.
Maintain your Financial Aid awards
Check OneTech periodically throughout each semester to make sure there are no holds on your account, or missing requirements which might impact your financial aid awards. Keep each award's credit hour and GPA requirements in mind when making decisions about your class schedule. Check out Arkansas Tech's Satisfactory Academic Progress policy for federal aid. Don't forget to fill out the FAFSA each year your are in school.
Celebrate as you cross the stage at Tucker Coliseum and get your diploma.
Wrap up your Financial Aid requirements
If you did not take out student loans, you're done! If you did, now is the time for loan exit counseling and planning your loan repayment strategy. Check out https://studentaid.ed.gov/sa/repay-loans or https://www.arstudentloanhelp.com/atu for information regarding different repayment plans and getting started repaying your loan.