Applying for Financial Aid
You May File for Financial Aid Beginning October 1, 2019.
Beginning October 1, 2019 all students may complete the Free Application for Federal Student Aid (FAFSA) for 2020-2021 academic year. Please go to www.fafsa.gov to complete your application. You will be using your 2018 federal income tax information.
The IRS Data Retrieval Tool is now available for use this year and we suggest all students take advantage of this tool. To enhance security all tax information will be masked as it is imported into the FAFSA.
Belmont Abbey College encourages all students to complete the FAFSA as soon as possible after October 1, 2019.
All FAFSAs should be submitted no later than February 1, 2020.
North Carolina students must now verify their residency. Click here to verify residency.
How to Get a Copy of Your Tax Transcript Information
A tax return transcript shows most line items from the tax return (Form 1040, 1040A, or 1040 EZ) as it was originally filed, including any accompanying forms and schedules. It does not reflect any changes you, your representative, or the IRS made after the return was filed. In many cases, a transcript will meet the requirements of lending institutions such as those offering mortgages and student loans. You should receive your tax return transcript within 10 working days from the time the IRS receives your request. To request a transcript by phone call: 1-800-908-9946 and select option #2 or you may print a copy of your tax transcript at http://www.irs.gov/Individuals/Get-Transcript.
- Scholarships and Grants are considered gift aid and generally don’t have to be paid back (sometimes a repayment is required if a student withdraws);
- Loans are funds that you borrow and must be paid back, usually after you leave school.