Other than our merit-based scholarships, all other assistance is based on financial need. To determine the financial aid options available, you must apply. Applying for financial aid is a separate process from applying for admission. You may apply for financial aid at the same time you are applying for admission, however you must be accepted for admission before receiving a formal financial aid award.

You must reapply for financial aid every year. Pine Manor College makes every effort to maintain the level of funding initially awarded to you throughout your college career provided that academic progress is met and there is no significant change in the family's financial position.

Step 1: Complete the FAFSA
Step 2: Online Direct Stafford Loan Entrance Counseling
Step 3: Online Direct Loan Master Promissory Note (MPN)
Step 4: Verification

Complete the FAFSA

Complete the Free Application for Federal Student Aid (FAFSA) and list Pine Manor College to receive the results. PMC’s Federal School Code for use on the FAFSA is 002201.

A dependent student must complete the FAFSA using both parent and student information. An independent student needs only to use student information. For financial aid purposes, federal regulations clearly state the requirements to be considered an independent student.

• Determine Your Dependency Status

The FAFSA should be completed as soon after January 1 as possible for the upcoming academic year. You may complete the forms using estimated income figures, although actual figures are preferred. Parents of incoming students are encouraged to file income tax return as soon after January 1 as possible.

To be considered for all financial aid for which you may be eligible, the FAFSA must be submitted by mid-April and absolutely no later than April 30th. Students who submit the FAFSA after April 30 may miss out on financial aid provided by state agencies for which they may have been eligible. (See "Check Application Deadline Dates" on www.fafsa.ed.gov to learn of your state's deadline.)

We recommend that the FAFSA be submitted by March 1.

Completing the FAFSA

There are two methods for completing the FAFSA:

1. Complete the FAFSA electronically (Recommended). Go to www.fafsa.ed.gov where you will find a complete step-by-step process for completing the FAFSA online. Please follow all directions carefully. When completing the FAFSA on the Web, you have two options of providing signatures:
   1. You may register to receive a pin number which can be used to electronically sign your FAFSA. If you choose to register for a PIN, both you and your parent must complete the signature process electronically. If using a PIN, your electronic application generally takes one week to process by the federal processor after submission.
      • The PIN Web Site
   2. You can print out, sign and send the signature page to the processing agency. If using this method, your electronic application generally takes two to three weeks to process by the federal processor after submission.
2. Submit the completed paper form that is available from Pine Manor College or any high school guidance office or college. The paper form generally takes up to four weeks to process by the federal processor.

• Deadlines for Filing the FAFSA
• Before Beginning the FAFSA FAQs

Reapplying for the FAFSA

You must submit a FAFSA each year. If using a pin number, your PIN will remain the same each year you reapply.

If you submitted a FAFSA last year, renewal application information will be mailed to the address you originally listed on your previous year’s FAFSA. You cannot change the original address on the renewal application, and federal mail will not be forwarded. Therefore, if your address has changed you must submit a new FAFSA. The federal processor mails renewal applications during the months of December and January.

Online Direct Stafford Loan Entrance Counseling

Visit the Online Direct Stafford Loan Entrance Counseling page to complete the federal entrance counseling requirement. During the session you will learn of your rights and responsibilities as a borrower in the federal loan programs. This step is required for all first-time Stafford Loan borrowers by the U.S. Department of Education.

To complete Entrance Counseling:

1. Sign into StudentLoans.gov using your PIN
2. Choose "Complete Entrance Counseling" (you will do this on two screens)
3. Complete and Submit the Entrance Counseling. This will take approximately 30 minutes.

Both the MPN and Entrance Counseling will be forwarded to Pine Manor College electronically. Loan funds cannot be distributed until PMC has received documentation that both requirements have been met.

Online Direct Loan Master Promissory Note (MPN)

Complete a Master Promissory Note Online

To complete the MPN:

1. Sign into StudentLoans.gov using the borrower's PIN
2. Choose "Complete Master Promissory Note"
3. Complete the requested information and submit the MPN. This will take approximately 30 minutes and must be completed in one session. It is recommended that you print your MPN and keep a copy for your records.

Should you have any difficulties with these steps, you can reach Direct Loan Servicing at (800) 848-0979.  Or, as always, you may contact our office at 617-731-7053.

Verification

Verification is the process required to check the accuracy of the information that a student provides when applying for financial aid. You can be selected for verification by either the U.S. Department of Education or by Pine Manor College.

If selected for verification we will require the following:

• Prior year's signed federal tax return for both parents and student. If student files the FAFSA as Independent, only the student's tax return is required.
• Verification Worksheet
• Other documents at PMC's request

Additional Help

• Office of Financial Aid
  Pine Manor College
  400 Heath Street
  Chestnut Hill, MA 02467
  617-731-7053
  finaid@pmc.edu