Financial Aid Eligibility & Application Process

Financial Aid Eligibility

Students must meet all of the following conditions to be eligible for financial aid:

  1. Be a U.S. citizen or permanent resident.
  2. If the student is a male, age 18-25, he must be registered with Selective Service.
  3. Must not be in default on a federal student loan such as a Federal Stafford Loan, Federal Direct Loan, Federal PLUS loan, Federal GRAD PLUS Loan or a Federal Perkins Loan.
  4. Must not owe an overpayment for a federal grant such as the Federal Pell Grant or Federal Supplemental Education Opportunity Grant.
  5. Must not have reached or exceeded the annual loan limits for the Federal Stafford or Federal Direct Loan.
  6. Must not have reached or exceeded the aggregate loan limits for the Federal Stafford or Federal Direct Loan.
  7. Other requirements may apply - please contact Concordia for more information.
Application Process

Students must submit the Free Application for Federal Student Aid (FAFSA) each academic year in order to be considered for all federal, state and institutional aid based on financial need.

The FAFSA for the upcoming academic school year must be completed early enough (July 1st for Fall semester, November 1st for Spring semester and April 1st for the Summer semester) for Student Financial Services to have time to process the application.  These are priority filing dates, not deadlines.

New students must complete the following financial aid applications:

Returning students must complete the following financial aid applications:

FAFSA Process

When a student submits the FAFSA, it is sent to the Federal Student Aid's Central Processing System (CPS). While at the CPS, the students FAFSA goes through a series of edits to check for inconsistencies in the application. In addition, the CPS initiates several database matches with:

  • Social Security Administration (SSA)
  • Department of Homeland Security (formerly Immigration and Naturalization Service)
  • National Student Loan Data System (NSLDS)
  • Selective Service System
  • S. Department of Veterans Affairs

If a discrepancy arises as the CPS processes the student's application and performs data matches, the students FAFSA is flagged and the student may not be eligible for federal student aid until s/he resolves the discrepancy. It is important that the student understands that some discrepancies will prevent the CPS from calculating the Expected Family Contribution (EFC).

After the student submits a completed FAFSA and signature to the CPS (a parent signature is also required if the student is a dependent) it takes about 72 hours for the record to be available for Concordia to download.