Required MSF Application Support Documents

What is the FAFSA (Free Application for Federal Student Aid)?


The Free Application for Federal Student Aid (FAFSA) is a form prepared annually by prospective and current college students in the U.S. to determine eligibility for student financial aid (including Pell grants, work-study programs, and loans). The U.S. Department of Education begins accepting the applications for the upcoming academic year on October 1st. For more information regarding FAFSA, please see http://www.fafsa.ed.gov. Note: You can apply for financial aid before you file your income tax return and before you apply to MSF for a scholarship. Corrections to your FAFSA application can be submitted after you and/or your parents have filed a tax return.




What is a Student Aid Report (SAR) and why do I need to submit one?


The Student Aid Report (SAR) is produced by the U.S. Department of Education from information supplied on your Free Application for Federal Student Aid (FAFSA). The SAR contains the federally-calculated Expected Family Contribution (EFC). Your EFC is not the amount of money your family will have to pay for college nor is it the amount of student federal aid you will receive. Your EFC is a number used by your college/university to calculate the amount of and types of student aid you are eligible to receive. MSF uses the calculated EFC to determine student financial need. If you receive an updated (SAR) after submitting additional info, provide this form to MSF.




How do I deliver my FAFSA and SAR forms to MSF?


Enclose copies of your FAFSA and SAR forms in a sealed envelope labeled “Montclair Scholarship Fund”. Deposit the sealed envelope in the MSF mailbox in the main office at the high school.




What is a Financial Aid Award letter?


A financial aid award letter is the total amount of monetary assistance a school is offering you. The offer may include scholarships and grants (gift aid), student loans, and work study opportunities. If you are selected to be interviewed, bring a copy of the letter from the college you will attend to the interview.





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The Montclair Scholarship Fund

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