If you need help understanding your financial aid awards, you may always contact
the DMACC Financial Aid Office.
You can also find more information about financial aid awards on our webpage.
The "Financing Your Education at DMACC" (PDF) booklet is a valuable resource you may use to learn more about the types
of financial aid you may have been offered.
The Financial Aid Process
Financial Aid Checklist
File your FAFSA (financial aid application) as early as possible. Right now, there
is one way you can do this:
Your financial aid information will be processed after all forms and information that
was requested of you have been submitted to the DMACC Financial Aid Office.
You will receive a notification sent to your DMACC email to let you know when you
have a financial aid award offer ready to view.
You will be able to review your financial aid eligibility from the state and federal
government - such as federal grants, loans, and college Work-Study.
If you need help understanding your financial aid award, you can get help by contacting
the DMACC Financial Aid Office or by accessing the "Financing Your Education at DMACC"
(PDF) booklet.
New student borrowers will need to complete Loan Entrance Counseling and the Direct
Loan Promissory Note. If you do not complete these two important steps, you will not
receive the federal student loan offered to you.
Go to FAFSA.gov and complete the Free Application for Federal Student Aid (FAFSA).
What is the FAFSA?
FAFSA stands for Free Application for Federal Student Aid. It is an application used
to collect information to determine your eligibility for financial aid rewards. It
is the first step in the financial aid process. You use the FAFSA to apply for federal
student aid, such as grants, work-study, and loans. In addition, most states and colleges
use information from the FAFSA to award state aid.
What information will be collected?
The FAFSA has four main sections of required information:
General student information (such as your name, date of birth, etc.)
Information about you, the student (and spouse if applicable)
Additional information collected includes the college you attend and your housing
plans.
Your signature is required (as is your parent's if you are dependent). Your signature
for the online FAFSA is the Federal Student Aid ID (FSA ID).
When can you file your FAFSA?
You can start filing your FAFSA beginning October 1. You have to fill out a FAFSA
for every school year. A school year consists of Fall, Spring, and Summer terms.
The tool will import accurate tax data quickly to your FAFSA.
Using this process can reduce errors and documents requested by the DMACC Financial
Aid Office.
What is DMACC's Title IV school code?
004589
How long will it take the school to get your FAFSA information?
Your FAFSA will be sent to the colleges you listed when you filled out the FAFSA.
It will take about 10-14 days after your FAFSA is submitted before DMACC will be provided
access to your application information. When DMACC receives your FAFSA from the Department
of Education, we will reach out to you via DMACC email, personal e-mail and text if
you provided your cell phone number on your Application for Admission.
FAFSA Help
You can always reach out to the Financial Aid Office at DMACC for help completing
the FAFSA.
You can also make an appointment with the Iowa College Network (ICAN) to get one-on-one help completing the FAFSA. You can make an appointment right online!
Review & Submit Financial Aid Requirements
The DMACC Financial Aid Office will receive your FAFSA from the federal government
10-14 days after you complete the application on fafsa.gov.
Once the application is received, via DMACC email, personal e-mail and text if you
provided your cell phone number on your Application for Admission. The Financial Aid
Office will primarily use your DMACC email address to contact you, so check it often.
Additional information may be needed
It is very common for students to have to complete additional forms or provide additional
documents before their eligibility for financial aid can be determined. DMACC refers
to these items as “requirements.” These requirements can include being selected for
verification.
Financial Aid Requirements
If you have requirements that must be completed, DMACC email, personal e-mail and
text if you provided your cell phone number on your Application for Admission. You
will be directed to the Banner Self Service (accessible through myDMACC) to complete the requirements.
Many DMACC forms can be completed online. Here is a list of Financial Aid forms that could be needed. These items are time-sensitive, and must be completed as soon
as possible. The processing of your financial aid is not possible until all requirements
have been completed.Your charges will not be paid by financial aid and you will not receive a refund of
excess financial aid until all missing items are submitted and your file has been
processed.
Verification is the process the federal government uses to ensure the information
you placed on the FAFSA is correct. If you are selected for verification, you must
complete the verification process. DMACC will help you through this process by identifying
what forms you need to complete, or what documents you need to provide to the Financial
Aid Office. If you do not finish the verification process, your financial aid eligibility
cannot be calculated.
Accepting Your Award and Financial Aid Terms & Conditions
Once your FAFSA has been processed by DMACC and you have completed all of the outstanding
requirements noted in Step 2, you will receive an award offer. DMACC will send your
award offer to you via DMACC email, personal e-mail and text if you provided your
cell phone number on your Application for Admission This award offer will allow you
to review your financial aid eligibility from the state and federal government – such
as federal grants, loans, and college Work-Study.
If you accept a federal student loan, you may need to complete additional steps to
borrow through the federal program. If you have never borrowed loans before coming
to DMACC, or if this is the first time you will be receiving loans at DMACC, you will
need to complete Entrance Counseling and/or the Federal Master Promissory Note (MPN).
If you’d like more information and instructions regarding completing counseling you
may visit DMACC’s Entrance Counseling/MPN webpage.
Can My Financial Aid Award Change?
Yes. Your financial aid award is based on you attending full-time for each term within
the academic year (this may include summer, depending on your program of study). If
you do not enroll full-time, your award will be adjusted. If at any time, before or
during the semester, your enrollment changes – you add or drop a class or withdraw
from all your classes – it is very important that you contact the Financial Aid Office.
We can help determine if your registration changes have an impact on your financial
aid. View here for reasons why my financial aid award may be adjusted.
Accepting Work-Study Award
If you are eligible and have accepted a Work-Study award, and you would like to be
considered for a position on campus, don’t forget to apply for a Work-Study job. Your eligibility for college Work-Study will be shown on your award offer.
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