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Office of Financial Aid
inverhills.edu/financialaid | 651-450-3495 | finaid@inverhills.edu
Financing Your Education
Checklist
T
his checklist will help you ensure you have financing in place to pay your education costs to attend Inver Hills Community College. We
recommend you create a personal file for your financial aid information and keep your ID’s, usernames, and passwords in a safe place
to protect yourself from identity theft.
Questions?
inverhills.edu/financialaid | 651-450-3495 | finaid@inverhills.edu
Create a FSA ID (Federal Student Aid ID) through Department of Education www.StudentAid.gov/fsaid
• Create one FSA ID for you, the student – linked to your own email address
• Create one FSA ID for a parent if you are a dependent student – linked to your parent’s email address
• Used to sign your FAFSA and the Federal Stafford Loan electronic Master Promissory Note
Complete the FAFSA (Free Application for Federal Student Aid) www.fafsa.gov
• FAFSA is available on the web; Inver Hills Community College school code for application: 006935
• Results will be sent to you and the college
• When your FAFSA results are received by the college, the college will contact you by email regarding your next steps
Submit Additional Information and Documents to Inver Hills Office of Financial Aid
• Watch your email – if additional documentation is required, the Inver Hills Office of Financial Aid will contact you
• Use the link in the email to access the eServices site and view your Tracking Letter
• Submit required information and documents as soon as possible to avoid delays
Review Your Financial Aid Award Notification
• When processing is complete, an Award Notification will be posted for you on e-Services – email will be sent to you with a link
• Grant funds require no action
• Additional actions required for Federal Stafford Loans or Work Study
Review Your Balance Due
• Touch base in e-Services regularly - Inver Hills Community College does NOT mail out bills; account information is only in e-Services
• View your balance due for the semester after you register for classes
• Determine if you have enough financial aid grants to pay your balance due – Do you need to set up a payment plan or apply for loans?
See worksheet on next page
Apply for Student Loans
• If you need to borrow by using the Federal Stafford Student Loans listed on your Award Notification, you must:
1. Complete the loan request by accessing your Award Notification on e-Service
s
2. Complete an electronic Master Promissory Note and Stafford Loan Entrance Counseling on StudentLoans.gov
Pay Your Balance Due
• The balance for tuition, fees, and other college charges is due by the dates published on the college website
• If you have not been awarded enough financial aid to pay the balance due, you must pay the difference. To pay balance:
1. Pay the bill in full by the due date OR
2. Enroll in a monthly payment plan. You make a payment or set up a payment plan for each semester
Apply for a Work Study or Student Employment Job
• Work study must be listed on your Financial Aid Award Notification in order for you to apply for a work study job
• Student Employment jobs do not require financial aid eligibility. Jobs will be posted online beginning mid-August.
• Schedule an interview with the supervisor. Students must be hired, work, turn in a timesheet, and are paid every two weeks
• We recommend using your paycheck to help pay living expenses, not the balance due for tuition, fees and other college charges
