Students are notified through email and at the Student Portal (new students) or Self Serve (current students) directing them to complete the applicable forms below. Please review the Student Portal or Self Serve if you are unsure of what documents you need to complete or contact the Office of Financial Assistance.
Below are the links needed to complete the forms for the Federal Direct Subsidized and/or Unsubsidized Loan. The link will take you to the Department of Education website where you will sign in using your FSA Id. If you do not have an FSA Id, you can obtain one at the same site. Once you are signed in, please complete the following electronically:
Perkins, McElroy or Mable Sherman Loan. The following link will direct you to our servicer website where you will complete the promissory note electronically.
- Electronic Notification and Authorization
Cornell College is an electronic campus. All students must complete this regardless of your financial aid eligibility. After clicking on the link, you will read a short paragraph and acknowledge that you read it by signing in with you Cornell id and password.
- Update Estimated Tax Info on FAFSA
Please update your FAFSA form with actual 2015 tax information once your tax returns are complete. Please update the filing status from "will file" to "completed" for both parent and student under the financial tab regarding tax file status at fafsa.gov.
- Student/Parent Signature Page on FAFSA
Please review your FAFSA to identify which signature(s) are needed. Please go to fafsa.gov, login. Click the Provide Signature Button. You can choose to sign the FAFSA using the appropriate FSA Id. If you do not have an FSA Id, you can go to fsaid.ed.gov to request one. You may also choose to print the signature page, sign and mail it to the address provided on the printed form.
- Outside Scholarship Form
Please print and complete this form to show any outside scholarships that you receive. You can email the completed form to email@example.com, fax to 319-895-4106 or it can be mailed to 600 First St SW, Mount Vernon, IA 52314. You do not need to return the form if you do not have any outside scholarships.
- Final High School Transcripts
Please contact your high school and request that your final transcript be sent to Cornell College Admission Office.
- Special Circumstances
If you feel that you have a special financial circumstance that you would like our office to consider, please review the special circumstance form, which gives clarification of what is considered for special circumstance and further instructions about submitting appropriate documentation.
- Parent Division of Income and Assets
If your parents have become separated or divorced since you completed the FAFSA, please complete this form.
- FERPA form
If you would like to have financial aid information released to a non-custodial parent or other person that is not listed on the FAFSA, please complete this form.
- Dependency Override Form
If you feel you have circumstances regarding your dependency status that you would like the Financial Assistance Office to consider, please complete this form.
- Free Application for Federal Aid (FAFSA)
You can complete the FAFSA online at fafsa.gov. You will need to have a FSA Id for the student and parent in order to electronically file the FAFSA. If you do not plan to file a FAFSA, please email our office.
Verification Process and Worksheets
Your financial aid application was selected for a process called Verification. The Department of Education randomly selects students for the verification process. In this process we are required, by federal regulations, to compare the information reported on the FASFA with the information provided on the attached Verification Worksheet along with copies of your individual and your parents’ current federal tax transcripts. You may also take advantage of the IRS “data retrieval” process available through the federal FAFSA form in lieu of submitting the current tax transcripts.
Your financial aid award is subject to change if verification results in a change to your Expected Family Contribution (EFC). During the verification process the Financial Aid Office will contact you if clarification is needed on any of the data reported on the FAFSA. If corrections to your FAFSA are necessary, the Financial Aid Office will submit them to the Central Processing System. The student will receive a corrected copy of the Student Aid Report (SAR) for review from CPS. It is important that you review and retain your copy of the Student Aid Report. For entering students, an updated award letter showing any changes to a package from Cornell will be emailed within 7 days of any changes made. A financial aid award will not be calculated for a current student with outstanding verification documentation. Students who fail to submit verification documents never become complete, therefore only Cornell merit-based aid is released for these students. Students who fail to complete verification within 60 days of the beginning of their award year will be forced to stop working work study. A Pell recipient selected for verification must complete the process by September 26, 2016 or 120 days after the last day of the student’s enrollment, whichever is earlier.
If you are classified as a dependent student for FAFSA purposes, please use one of the following form listed in Slate or Self Serve. Please print and complete this form. You can email the completed form to firstname.lastname@example.org, fax to 319-895-4106 or it can be mailed to 600 First St SW, Mount Vernon, IA 52314.
- Dependent Verification Worksheet - V1
- Dependent Verification Worksheet - V4
- Dependent Verification Worksheet - V5
- Dependent Verification Worksheet - V6
If you are classified as an independent student for FAFSA purposes, please use one of the following form listed in Slate or Self Serve. Please print and complete this form. You can email the completed form to email@example.com, fax to 319-895-4106 or it can be mailed to 600 First St SW, Mount Vernon, IA 52314.
- Independent Verification Worksheet - V1
- Independent Verification Worksheet - V4
- Independent Verification Worksheet - V5
- Independent Verification Worksheet - V6
You may provide the Financial Assistance Office with your 2015 Federal Tax Information by utilizing the IRS Date Retrieval Tool, built into the FAFSA form, or by requesting a 2015 Federal Tax Transcript directly from the IRS. Instructions for either process is below.
IRS Data Retrieval Process
The Department of Education would like to encourage applicants and their parents to transfer tax information directly from the IRS website into the FAFSA to ensure that accurate information is provided on the FAFSA. Please click on the IRS Data Retrieval Process link above for instructions on how to complete this.
IRS Tax Transcript Request Process
If your student's FAFSA has been selected for verification, and you have not utilized the IRS Data Retrieval Process on the FAFSA, then you will be required to provide the Financial Assistance Office with a copy of the following: