Step 1: Visit Campus
- At least a year before attending college, visit JBU's campus.
- Leave your visit knowing financial aid:
- Applications required (federal, state, and/or institution)
- Aid available to you as a new student
- Policies regarding the electronic filing of the Free Application for Federal Student Aid (FAFSA) and/or corrections
- Remember: Each school will have different financial aid requirements, forms, deadlines, and policies.
Step 2: File the FAFSA.
- Complete the Free Application for Federal Student Aid (FAFSA) at http://fafsa.gov before March 1. (Important Note: Parents living outside the U.S., please see our Special Instructions Page.)
- To complete the FAFSA, you and your parent (if you are a dependent student) will need an FSA ID. You can establish your FSA ID is (username and password combination) when you log into the FAFSA.
- Research Outside Scholarships. See the "Outside Scholarships" page for help starting this research process.
Step 3: Get Your Student Aid Report (SAR).
- After you file the FAFSA, read the first page of the SAR.
- Find the EFC number (Expected Family Contribution).
- Review the FAFSA for accuracy. Make corrections as necessary. Please resubmit the FAFSA after making corrections.
Step 4: Get your JBU award offer.
- JBU will award financial aid after the student is accepted to JBU and has a completed financial aid file (We will notify you if your file is incomplete.). JBU begins issuing financial aid awards to new fall students on March 1. The Financial Aid Office awards merit-based financial aid based on the requirements listed on the scholarship pages. JBU awards need-based financial aid to a student with financial aid need, as calculated by subtracting the student's EFC from JBU's cost of attendance. The total financial aid offer will not exceed a student's total cost of attendance. The student will receive the final financial aid offer via e-mail.
- Remember the initial offer may not be the last offer - it is generally only a starting point. Talk to your admissions counselor or financial aid representative if you have questions or need additional assistance.
Step 5: Determine How to Pay
- How much will your parent(s) be able to use from savings and other assets? (Your parent(s) may want to consider a home equity loan, passbook savings loan, or borrowing against the cash value of a life insurance policy.)
- How much will you, the student, be able to save from summer or school year earnings?
- Does your family want to use the monthly payment plan? (This divides the amount due for the semester, by four. Payments begin in July for the fall semester and in January for the spring semester.)
- Investigate the Federal PLUS (parent) loan program to borrow some or all of what the aid offer and family savings do not cover. In addition, many lenders offer "alternative" educational loans to families with needs beyond the federal loan programs. Learn more about student and parent loans on the loans pages.
- Watch for financial aid to pay. Financial aid pays to a student's account after a student has attended the required number of classes. Until this point, the Business Office sees the financial aid as "pending."