Estimate of Financial Aid for First-Year Students

The University of Minnesota, Morris has provided two different methods below to help students get an early start on the financial aid process by providing students with an estimate of eligibility of federal and state financial aid.

U.S. Department of Education FAFSA4caster

Preparing for college takes planning and organization.  Paying for college takes financial aid.  The FAFSA4caster will help junior and senior high school students get an early start on financial aid process by providing students with an early estimate of their eligibility of federal student aid.  In addition, FAFSA4caster will increase student’s knowledge of the financial aid process and provide information about other sources of aid.  High School seniors should not use the FAFSA4caster after January 1.  Seniors should be completing the Free Application For Federal Student Aid (FAFSA).

Another feature of FAFSA4caster is the “FAFSA4caster Tip”.  These tips appear throughout the site and provide you with information that will help make preparing for college and the financial aid process easier.

But that’s not all.  If students use FAFSA4caster when they are ready to officially apply for aid, FAFSA4caster will transfer all of their data to the FAFSA on the Web application, making the experience of applying for federal student aid a lot easier for the students.   

Go ahead and get started…use FAFSA4caster now!

Minnesota Office of Higher Education Financial Aid Estimator

The financial aid estimator will help students estimate their eligibility for a Federal Pell Grant, Minnesota State Grant, and federal education tax benefits. The estimator is based on the federal calculation of the students and parents Estimated Family Contribution and the tuition and fees for the Minnesota institution students select.

Remember, the results provided here should be used only as an estimate and are no substitute for the Free Application for Federal Student Aid (FAFSA) or any formal documents you receive concerning students financial aid.

Go ahead and get started….use financial aid estimator!