Applying for and Determining Aid

We’ve broken down everything you need to know into simple pieces. Have more questions? Come to a Student Finance Workshop!

Types of Financial Aid

A variety of grants, loans, and work study funds are available through Federal, State and private sources to support you in advancing your education. Do you know everything you need to about the key forms of Financial Aid? 

Discover the Types of Financial Aid

How to Apply for Financial Aid

We’ve put all the steps to apply for Financial Aid into one convenient checklist, so you can take the next step toward your education and career goals!

Apply for Financial Aid today!

Eligibility Requirements

To receive Financial Aid administered by Gateway, students need to meet a number of criteria related to enrollment, program acceptance and citizenship statuses, among other criteria. They also need to submit their FAFSA and associated documents in addition to disclosing any third party funding and may be subject to verification.

Find about the eligibility requirements

FSA ID and Password

The FSA ID allows students and parents to securely access the Federal Student Aid website. Creating an FSA ID username and password is the fastest way to sign your FAFSA and have it processed, plus it’s the only way to access or correct your information online or to prefill an online FAFSA form with the previous year's information. You can create an FSA ID if you don’t have one or click here if you have an FSA ID but don't remember your username or password. Parents: If you created an FSA ID when you were a student, don’t create a new one one: only one FSA ID can be linked to any Social Security number.

Ready to apply for Financial Aid? Click here.

Determining Your Aid Package

Once your FAFSA and documents are received, your "Expected Family Contribution" or "EFC" is subtracted from your Cost of Attendance Budget to determine your demonstrated financial need. Your EFC is the amount you and your family are expected to be able to contribute to the cost of education according to the standard Federal formula explained in this guide. Enrollment, living situation, tuition, fees, book costs, personal expenses and other factors are factored into a "Cost of Attendance,” which reflects the average costs of attending Gateway Technical College for a term and/or academic year.

Visit the FAFSA.gov site to learn more about how Aid Is calculated

Request for Revision

If the income used to calculate Financial Aid eligibility changes drastically due to situations like unemployment; high medical, daycare/eldercare bills, death or divorce, you may apply by April 1 for a Request for Revision (RFR) after receiving your award letter and must submit paperwork by May 1 of the award you’re seeking to revise. After the deadlines, students forfeit their right to RFR. High mortgage/rent or car payments, marriages or birth of a child do NOT qualify for RFR include. If you think your situation qualifies, contact a Student Finance Specialist at financialaidoffice@gtc.edu or 262-564-2392.

See the Important Dates page for RFR deadlines

Verification

About 30% of all FAFSA filers are selected for a process called verification. Verification requires schools to collect documentation to check the accuracy of the information reported on the FAFSA. If you are selected for verification, the verification process must be completed before financial aid can be awarded.

Learn more about what Verification means for you