- What is the federal code?
A code number identifies every college and university that receives federal funds. The federal code number for Hondros College of Nursing is 040743.
- What does FAFSA mean?
FAFSA is an acronym for Free Application for Federal Student Aid. There is no fee for this process and it is required in order to receive any type of federal financial aid. Please use this link to access the web site http://www.fafsa.ed.gov/
- Is this my final award?
Financial aid awards are based on information provided on the FAFSA. These awards are final unless new or additional information is provided.
- What is verification and why was I chosen?
Verification is the process through which a school verifies certain information entered on the FAFSA application by the student and/or their parents. Information which is usually verified includes, but is not limited to, household size, income information, SNAP benefits, high school completion, and child support received or paid. The Department of Education selects students for verification during the FAFSA application process, and the school is notified when they receive a student file. Hondros College of Nursing notifies students that they have been selected during the over view process, through email, and by phone. The financial aid representative will include any documents that need to be provided or fill out at these times. It is important to turn in any documentation needed as soon as possible, but within 30 days to avoid losing award eligibility. Hondros College of Nursing also recommends that all students and parents use the Data Retrieval option when filling out the FAFSA.
- Why do you need our tax transcripts?
A tax transcript is required by the Department of Education for students and parents that did not use the Data Retrieval Service to verify income. Students may make corrections to their FAFSA application, so the first attempt should be to use the Data Retrieval option on the FAFSA, if this is unsuccessful, a tax transcript can be ordered through the IRS at the following website: http://www.irs.gov/Individuals/Get-Transcript or by calling 1-800-908-9946. Students that are victims of Identity Theft will need to request a TRDBV (Tax Return DataBase View). Please call 1-800-908-4490 to request this document from the IRS.
- Do I have to apply for financial aid every year?
Yes, you do need to apply for federal funding every financial aid year. The application is available to students starting January 1st. Students filling out the FAFSA prior to completing their taxes may estimate their income; however once your taxes are complete you should make a correction and use the Data Retrieval service to import your tax information. This is the same for parents and students.
- Why did my Pell grant change?
There are many reasons a Pell award could change. For example a student’s EFC, which drives need based aid, will change from one financial aid year to the next. Major changes in income and household size can contribute to the increase or loss of Pell. Student may also lose Pell funding due to the number of credit hours they are taking. In order to receive full Pell awards a student needs to be attending at least 12 credit hours, dropping below this will lead to a proration of your Pell funding. Students may also lose Pell eligibility due to reaching their Pell Lifetime limit of 600%.
- Why did I lose my Pell Grant?
Pell funding is based on need, and need is determined by your EFC. The EFC is calculated on the FAFSA application. There are some items that will directly affect your EFC, such as adjusted gross income (there are many others). Any dramatic change from one year to another can affect the EFC.
- How do I know how much I owe?
The cost to your family is determined by subtracting the grants, scholarships and loan funds the student has been awarded from the direct costs. Students also have access to the Student Portal in CAMS. Through this portal, students have access to their ledger, which allows students to review their debits, credits and balances, as well as accepting or declining Federal Financial Aid.
- What can I do if I don't have enough money to pay my bill or if my parents won't help me?
Schedule an appointment with the Financial Aid Office. It is important to resolve any financial problems before the academic year begins.
- What happens if family circumstances change after I file the FAFSA?
Changes in family circumstances can change your eligibility for aid. You should schedule an appointment with the Financial Aid Office to review your circumstances as soon as possible.
- What happens if I drop all my courses?
Financial aid is subject to federal refund calculations when students drop all their courses for the academic term or withdraw from Hondros College of Nursing. This process is formula driven and is unique to each student.
Voter registration forms are available at http://www.sos.state.oh.us/SOS/publications.aspx#vrf.
Selective Service Registration
Male students who are 18 years old must be registered with selective service to receive federal aid. Registration forms are available at any post office or you may register online at http://nursing.hondros.edu/FinancialAid/FAQ.aspx#1