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Planning Strategically Today for a Profoundly Different tomorrow

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This presentation covers the process that families must follow to apply for financial assistance at Episcopal Collegiate School. When What How – PowerPoint PPT presentation

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Title: Planning Strategically Today for a Profoundly Different tomorrow


1
This presentation covers the process that
families must follow to apply for financial
assistance at Episcopal Collegiate School.
When What How
2
When should I start planning for applying for
financial aid for Academic Year 2011-12?
3
When should I apply and submit my financial
information?
  • The SSS Parents Financial Statement online
    application is available beginning November 1,
    2010 for financial aid applications for the
    2011-12 school year.
  • Episcopal requests that applications be completed
    by March 1.
  • Missing deadlines could result in reduced aid or
    no aid, as Episcopals budget for financial aid
    is limited.
  • Plan ahead Complete your tax forms early, as
    they are necessary as supporting documentation.

4
What else do I need to know?
5
What else do I need to know?
  • Read the financial aid information available on
    the Episcopal website.
  • On the PFS, fill in all critical fields.
  • On the PFS, give estimates and use zeros when
    appropriate (do not leave items blank).
  • Keep copies of all forms and documents.
  • Make sure both parents submit the PFS, even if
    they are divorced or never married.
  • Parents that are remarried or have a domestic
    partner should include all adults in the
    household on the PFS.

6
Additional resources are available on the SSS
Website for Families at sss.nais.org
7
How do I apply for financial aid?
8
How do I apply for financial aid?
  • Submit the financial aid application by
    completing the Parents Financial Statement (PFS)
  • PFS Online sss.nais.org/parents- SSS will
    charge a 35 nonrefundable fee (Pay by credit
    card, direct debit/ach, PayPal)
  • Paper PFS Receive from the school, or download
    PFS at sss.nais.org/parents. Mail to SSS.- SSS
    will charge a 47 nonrefundable fee (Pay by check
    money order)
  • Mail or upload the required supporting
    documentation directly to SSS.

9
How do I complete the Parents Financial
Statement online at sss.nais.org/parents?
10
Go online to sss.nais.org/parents.
11
Click on Start a New PFS
12
The PFS application will guide you through each
section.
13
Input 2010 actual and 2011 estimated income.
14
Input assets and debts.
15
You will be asked what you think you can afford
to contribute. Be honest.
16
There will be an opportunity to explain
situations not covered by the financial data.
Tell your story.
17
After submitting your PFS, submit (by mail or
upload) the required supporting documents.
18
Need more information?
  • PFS Application Helpline (800) 344-8328
  • Information is availabel on the SSS website,
    sss.nais.org/parents, to help you understand
    financial aid and complete your PFS.

19
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