2007-2008 Free Application for Federal Student Aid (FAFSA) Guide for Haas School of Business EWMBA Students

Read ALL the Instructions that accompany your
FAFSA or Renewal FAFSA.

EWMBA students at the Haas School of Business, University of California, Berkeley, who are U.S. citizens or U.S. permanent residents, have two alternatives to apply for federal financial aid - please do not submit more than one application:

1. 2007-2008 Renewal FAFSA on the Web: If you are a previous FAFSA filer and have your Personal Identification Number (PIN) mailed from the U.S. Department of Education, complete a 2007-2008 Renewal FAFSA at www.fafsa.ed.gov. Your demographic information will be pre-populated and you simply update 2006 income and current asset information.
   
2. 2007-2008 FAFSA on the Web: If it is your first time applying for federal financial aid, complete the FAFSA at www.fafsa.ed.gov - be sure to select the 2007-2008 form. The PIN may be used to make FAFSA corrections or obtain a copy of your processed FAFSA information.

Federal School Code: UC Berkeley’s Federal School Code is 001312. Include our code on your FAFSA Step Six, so that we will receive your application information.

Dependency and Parent Information: As a graduate or professional student, you are considered independent and are not required to submit your parents' financial information on the FAFSA.

Types of Aid: The FAFSA is used to determine eligibility for Federal Direct Subsidized and Unsubsidized Loans and Federal Perkins Loans.

Priority Deadline: Our priority-processing deadline is March 2, 2007. If you are an entering student, do not wait until you have been admitted to file your FAFSA. Whether you are an entering or continuing student, filing your FAFSA early allows enough processing time for disbursement of funds at the beginning of fall semester. If you miss the priority deadline, you may still apply for financial aid, and possibly be eligible for Federal Direct Subsidized and Unsubsidized Loans.

Student Aid Report (SAR): You will receive a SAR, showing your Expected Family Contribution (EFC) in the top-right corner, from the Department of Education after submitting your FAFSA. Read the SAR carefully for messages regarding your application status and database matches. If there are no problems with your application, your data will be submitted electronically to UC Berkeley in approximately four weeks. You do not need to submit the SAR to us. After receiving your data from the Department of Education, UC Berkeley will send you an award notification letter or instructions regarding other documents we may require. If your SAR indicates that you have been selected for a process called “verification”, you can disregard this. Berkeley has its own criteria for verification, distinct from the federal process. If Berkeley selects you for verification, you will receive separate notification.

Mailing Address: Financial Aid correspondence will be sent to your local address during the school year and to your permanent address during the summer. If you are a current Berkeley student, you may update either address by using Bear Facts. Also be certain your Haas email address is listed in Bear Facts as many campus communiqués are now sent electronically.

International Students: International applicants (including those on an H-1 visa), while not eligible for federal financial aid, are eligible to apply for the Evening & Weekend MBA Grant Program. For grant consideration, you must file the FAFSA and indicate option C on the citizenship question: “I am not a citizen or eligible noncitizen.” Your FAFSA will still be processed and the financial information sent to Berkeley. You will receive a letter from the federal processing center indicating you are not eligible for aid; please ignore it. This form is required for grant consideration regardless of ineligibility for federal loans. You must also file the online EWMBA Grant application by April 15, 2007.

TIPS FOR COMPLETING THE 2007-2008 FAFSA

• Have copies of your federal tax return and W-2 forms in front of you.
• Read the FAFSA instructions carefully. If you have questions, call 510-643-0183.
• Check your Social Security card to be sure you type in the correct number.
• Use the same name on the FAFSA as is listed on your Social Security card.
• If you are a citizen or about to become a citizen, do NOT enter your alien registration number.
• The 2007-2008 FAFSA covers the academic year from July 1, 2007 through June 30, 2008.
• If you have not finished your federal tax return at the time you complete the FAFSA, estimate calendar year 2006 income and tax figures as accurately as possible.
• The UC Berkeley Financial Aid Office will notify you if other documents are needed.
• Do not contact the Haas Financial Aid Office regarding special circumstances until after accepting your financial aid awards online at Bear Facts.

STEPS IN THE FINANCIAL AID PROCESS

• File a Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov.
• If the UC Berkeley Financial Aid Office requests it, submit additional documentation.
• Once you have a UC CalNet ID and passphrase and have received your Financial Award Notification, beginning in April, accept your awards online at http://bearfacts.berkeley.edu/
• Complete the Direct Loan Master Promissory Note online at http://dlenote.ed.gov/
• Complete the online Entrance Counseling for Borrowers at www.ed.gov/DirectLoan/
• Sign up for Electronic Funds Transfer (EFT) at http://eftstudent.berkeley.edu
• Attend the required financial aid session during the Haas EWMBA Orientation in August.
• Enroll in at least six units per semester for financial aid to credit your account. Entering students will be enrolled in core classes by EWMBA Program staff.
• Report all resources: all scholarships and fellowships, employer tuition assistance, any benefits not reported on the FAFSA, and any other income, i.e., fee remissions. Students who do not report all outside resources may be required to repay financial aid received.
• If you withdraw from school, leave Haas, or are dismissed from UC Berkeley for any portion of the academic year, you may be billed for funds received.
• To apply for private loans, refer to information at ewmba.haas.berkeley.edu/finaid_2.html.
• Applications for private loans cannot be filed more than 90 days before the beginning of fall classes.

Financial Contact Information
Charles Conn
Assistant Director, Financial Aid
Haas School of Business
Student Services Building 420L
University of California Berkeley, #1900
Berkeley, CA 94720-1900
(510) 643-0183
finaid@haas.berkeley.edu

Other Contact Information

Customer Service
Federal Student Aid Information Center
1-800-4-FED-AID
http://www.ed.gov/studentaid

FAFSA on the Web
http://www.fafsa.ed.gov

UC Berkeley Billing & Payment Services Office
University Hall 140 (510) 642-3190
http://billingservices.vcbf.berkeley.edu/

U.S. Citizenship and Immigration Services (USCIS)
Forms request line (800) 870-3676
http://uscis.gov

Bear Facts
With a CalNet ID and passphrase, currently enrolled students can look at their financil aid recordand CARS information as well as update address/phone and review residency status.
http://bearfacts.berkeley.edu/

IRS (Internal Revenue Service)
(800) 829-1040
www.irs.ustreas.gov

< Back

[Back to top]