FINANCIAL AID PROCESS

Complete Your FAFSA

All students must complete a Free Application for Federal Student Aid (FAFSA) to be considered for federal, state and institutional aid. Completion of the FAFSA determines a family's Expected Family Contribution (EFC) and a student's eligibility for need-based aid. The EFC is a number used by the school to calculate the amount of federal student aid a student is eligible to receive. It is not the amount of money a student's family will have to pay for college nor is it the amount of federal student aid a student will receive.

Step 1 Visit Federal Student Aid to apply for an FSA ID. Both the student and parent(s) must have an FSA ID to complete the FAFSA form. It will also be used to sign in to another Federal site to complete the Financial Aid process for Direct Loan borrowers.

Step 2 Each calendar year, a new FAFSA application must be completed on or after October 1. Use the Free Application for Federal Student Aid (FAFSA) form to apply for financial aid. If a federal tax return has been completed, the FAFSA will allow a student and/or parent to link to the IRS website. 

Neumann’s federal school code is 003988.

Step 3 International students are unable to complete the FAFSA and should complete the International Student Financial Information Form for additional institutional aid consideration.

Step 4 Complete the FAFSA before March 1st for priority consideration.

In order to be eligible for the Pennsylvania State Grant, Pennsylvania residents must complete the FAFSA before May 1st and ensure all requirements are met.

In order to be eligible for the Delaware State Grant, Delaware residents must complete the FAFSA before April 15th and ensure all requirements are met.

Review Your Financial Aid Offer

Each eligible student will receive a Financial Aid Offer from Neumann University via email after an admission decision has been made.

The offer should only be returned to the Office of Financial Assistance if the student wishes to reject or adjust an offer amount. The requested change and student signature should be on the returned offer, or an email with requested changes can be sent to finaid@neumann.edu from the student's Neumann email account.

Verification

If the student's FAFSA is selected for verification, you will receive a letter and email indicating how to submit your verification documentation. A student's financial aid award cannot be finalized until those documents have been received and reviewed.