The financial aid process begins by filling out the Free Application for Federal Student Aid (FAFSA). If you wish to apply for financial aid, including loans and work study, then you must complete the FAFSA.

You should gather 2009 federal income tax returns and W2 forms for yourself and your parent(s). If you or your parent has not yet filed your 2009 federal income tax return, then you can estimate income information and subsequently update the FAFSA when your 2009 tax returns are complete.

You can complete the FAFSA online at www.fafsa.gov. The data entered on the FAFSA will be used to calculate an Expected Family Contribution (EFC). The EFC is used by the Financial Aid Office to determine eligibility for federal, state, and institutional aid.

You may select up to 10 schools to receive the results of your FAFSA. You should enter Rosemont’s school code (003360) if you would like to receive financial aid from Rosemont College.

You and your parent will both need to sign the FAFSA. You can sign electronically with the PIN issued by the U.S. Department of Education while completing your FAFSA. Alternately, you can print a signature page which both you and your parent will need to sign and return by mail to the FAFSA processor.

Rosemont College generally receives FAFSA results in 3-5 business days if the application is signed electronically.

Initial Aid Package

The priority FAFSA filing deadline for Rosemont College is February 15. Completing your FAFSA early will expedite the processing of your financial aid. If you are a Pennsylvania resident, then you must file the FAFSA before May 1 in order to receive consideration for a state grant. After we receive your FAFSA and you have been admitted to the college, you will receive a financial aid award letter in the mail indicating the types and amount of aid you qualify for, along with information on how to accept these awards. Your award letter will also notify you of additional information needed to complete your financial aid file or to resolve any issues with your FAFSA.

Revised Awards

There are a number of reasons why your financial aid might need to be updated. If data on your FAFSA changes through verification or corrections you make, your EFC may change, affecting your eligibility. If so, a revised award package will be created. If you receive additional aid after your initial award package, your eligibility may be affected. Changes in enrollment or housing status can also impact the financial aid offered. Any time a change is made to your financial aid package, you will receive an electronic notification to review your financial aid record on our iNet financial aid portal.

Electronic Communications

Rosemont College Financial Aid staff is committed to communicating electronically and empowering you with the information you need to be an active participant in the financial aid process. You will receive logon information to access your Rosemont financial aid record online through our iNet financial aid portal. After the initial award letter, you will be notified electronically of any changes to your financial aid. Once you enroll, you will be contacted at your Rosemont email account.

Disbursement

Typically, financial aid is finalized and posted to your student account during the first couple weeks of each semester. If your financial aid exceeds your charges, then you will be issued a refund, which can be used for educational expenses such as books or transportation. Refunds checks are issued by the Office of Student Accounts after the aid has actually credited your student account.

Estimated Costs

It is important that you understand your financial aid package and how much a Rosemont College education will cost. Rosemont has developed a worksheet to assist you in calculating the balance due after your financial aid has been applied to your institutional charges. Click here to download this worksheet. You can view the types and amount of aid you have been awarded on our iNet financial aid portal, and you can review any unfamiliar terms under the types of aid section.