Financial Aid Updates
Beginning May 10, 2015, students, parents, and borrowers will be required to use an FSA ID, made up of a username and password, to access certain U.S. Department of Education websites, including www.FAFSA.gov. The FSA ID will replace the Federal Student Aid PIN that was formerly used to confirm your identity when accessing your financial aid information and electronically signing your Federal Student Aid documents.
An FSA ID may be created by visiting certain U.S. Department of Education websites and following the following steps:
• Enter your log-in information
• Provide your email, a unique username and password, and verify you are at least 13 years old.
• Enter your personal information.
• Provide your Social Security number, name, and date of birth.
• Include your mailing address, email address, telephone number, and language preference.
• Provide answers to five challenge questions.
• Submit your FSA ID information.
• Agree to the terms and conditions.
• Verify your email address.
MAP Grant Update for Fall 2016
The Triton College Board of Trustees and members of its leadership team have once again decided to put the needs of students first, even as uncertainty continues to surround the state’s budget. Triton officials announced that the school would continue to provide funds for the Monetary Award Program (MAP Grants) for the upcoming fall 2016 semester, despite having not received any state commitment of funding for the program.
“The leaders of Triton College recognized the budget impasse could potentially prevent many of Triton’s talented students from continuing their education", said Triton College President Mary-Rita Moore. “That’s why we made the decision to continue to fund the MAP program for the upcoming semester.”
“Through no fault of their own, students have had this crucial resource taken from them,” said Mark Stephens, Triton College Board Chairman. “We simply couldn’t let that happen.”
Students can navigate to their student portal to view the status of their MAP Grant and its impact on their financial aid award package.
Questions may be directed to the Financial Aid Office, located in the Student Center, Room B216 W, (708) 456-0300, X- 3155, or firstname.lastname@example.org
To be considered enrolled in a course for financial aid purposes, you must be registered in the course before the 50 percent refund period for the class concludes.
If you enroll in a course beyond the refund period, your financial aid package will not reflect that course. Students may retake courses as often as desired; however, financial aid will only pay for a repeated course once after a course has been successfully completed.
Apply for financial aid for the upcoming school year as soon as possible!
Based on the continued increase in application volume and the state’s worsening financial condition, the deadline for State MAP Grants was on Feb. 21, 2015. The FAFSA is located at www.fafsa.gov and students should be sure to enter Triton College’s school code (001773) when asked which colleges they would like their FAFSA information to be sent to.
In order to better serve our students, the Financial Aid Office has opened a Financial Aid Student Center, located in the reception area of the office. There are computers in a semi-private space for students to complete and submit the FAFSA. If you are interested in utilizing the Student Center, please bring your most recent tax returns 1040, 1040A, or 1040EZ and W-2 forms and other necessary documents, and the Financial Aid Office staff will assist with any questions you may have as you process your application. Students are encouraged to use the IRS Data Retrieval tool when completing the FAFSA. The retrieval tool will save you time and increase the accuracy of your FAFSA information.
If you have any questions, please feel free to contact the Financial Aid Office at (708) 456-0300, Ext. 3155 or at email@example.com.
FAFSA Changes for 2017-2018
Starting next year, students will be able to:
Submit a FAFSA Earlier: Students will be able to file a 2017-18 FAFSA as early as Oct. 1, 2016, rather than beginning on Jan. 1, 2017. The earlier submission date will be a permanent change, enabling students to complete and submit a FAFSA as early as October 1 every year.
Use Earlier Income Information: Beginning with the 2017-18 FAFSA, students will report income information from an earlier tax year. For example, on the 2017–18 FAFSA, students (and parents, as appropriate) will report their 2015 income information, rather than their 2016 income information.
Pell Lifetime Limits: Effective with the 2012-2013 school year, eligible students may receive the Federal Pell Grant for a maximum of 12 semesters (or its equivalent). The calculation of the duration of a student’s eligibility will include all years of the student’s receipt of Pell Grant funding. As students are completing FAFSAs for the upcoming school year, the Department of Education is sending out email notices to students advising them if they are nearing or have crossed over the duration threshold. Additionally, as part of the financial aid review process, students will receive a communication from their financial aid advisor at Triton College with this information as it becomes available.