Applying for Financial Aid
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If you are starting school after May 1, 2016 you will be applying for financial aid for the 2016 - 2017 year.  You will be using 2015 tax returns.  See the Independent student definition to determine if you must also include your parent(s) tax return and personal information on the application. In addition after your families 2016 tax returns are filed, you should also apply for financial aid for the 2017 - 2016 year.

If you are starting school after May 1, 2017, you will be applying for financial aid for the 2017-2018 year.  You will be using 2016 tax returns.  See the Independent student definition  to determine if you must also include your parent(s) tax return and personal information on the application.

In order to apply for financial aid, you must have a user Id and password 

1.  Use this link for an explanation on how to apply for a user name and password. Follow the instructions  on this webpage.

2.  Once you have established your user name and password you can complete the FAFSA Application.  Please click  here.

3.  It will take you approximately 30 minutes to complete the form. When they ask for the school code enter "005452".   Don't forget to enter your pin number at  the end (and your parent's pin number, if you are a dependent  student) and print the form for your records.  After printing, you must hit the "SUBMIT" button to  record the application with the Department of Education. The school should get a response  within 48 hours.

 

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  If you decide to attend Teterboro School of Aeronautics:

A.  All income information is verified by the school.  You can either use the Data Retrieval Tool on the  FAFSA website, or you need to contact the IRS for a TAX TRANSCRIPT for the appropriate year (and your parent's tax transcript, if you are a dependent student).  To assist you, you can obtain a list of local IRS websites by clicking here . When the transcripts are received, you should forward them to the Financial Aid office at Teterboro School.

If you apply on the FAFSA website, you must use the "IRS DATA RETRIEVAL TOOL" to populate those sections of the FAFSA.  Not using the tool may delay your financial aid.

If you , or your parent, did not file a tax return, please see item B below.  If both you AND your parent (s) filed a federal tax return, please skip to section C.     

 

B.  If you did not file , or a parent did not file a federal tax return, please download and complete a No Form Filed form.  In addition, you must obtain a "Verification of Non-Filing" from the local IRS office.

Please use the following directions to determine what signatures are needed:

             

If you are a Dependent Student:
 

If you, the student, did not file a tax return, please sign the form in the section marked "Signature of non-filer (student)". If you did file a tax return, leave this space blank.

 

1.  If your parent diIf your parent did not file a tax return, they should sign in the section marked

    "Signature of non-filer (male parent/female parent)", as well as the

    section  marked "Signature of male parent/female parent" at the bottom

    of the form.

2.  If your parent did file a tax return, they only need to sign the section marked

    "Signature of male parent/female parent" at the bottom of the form. 

    You can then forward the form to the school.

If you are an independent Student:
 

1. If you, the student, did not file a tax return, please sign the form in the section marked "Signature of non-filer (student)".  You can then forward the form  to the school.

 

C.  All students should also download the appropriate Financial Aid Application , as

     well as an Educational Purpose Statement. Please complete both and return

     them to the school. 

 
 Educational Purpose Statement
Financial Aid Application for the 2016-2017  year
 Financial Aid Application for the 2017 - 2018  year
 

D.  If the student is interested in student loans, the school will need a 

     Student Loan Selection form on file.  Please download the form, 

     complete  it, and return it with the other documents.

    

The School will then formulate the student's award package. If the student has   included a student loan as part of the aid package,  please be  advised that all student loans are done through the Direct Loan program, which is administered by the US Department of Education.  The loans will  be processed by  the school within one month after the student's starting date.

The student  must also complete the student loan Entrance Counseling  requirement.  Please click here to complete the interview.

 

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