A FSA ID can be created by going to fafsa.ed.gov or studentloans.gov and clicking to log in. Then select as instructed to create an FSA ID. Students and parents of dependent students must create their own FSA IDs. The FSA ID is needed to log into federal education sites to submit the FAFSA, apply for student loans, and view loan history information.
You will be excluded from certain types of federal and campus-based aid, but can still apply for loans, work study, and institutional support.
It isn't necessary to file another FAFSA. Send a letter explaining these changes to the Financial Aid Office.
Scholarships, changes to the initial FAFSA, enrollment changes, state grants, and budget adjustments (living on campus vs. with parents) can cause your award to change. An email notification is sent to your Castleton email notifying you of any changes.
All federal grants, state grants, federal loans and private education loans are applied to the student's account electronically (typically in two installations - one for fall and one for spring). Your financial aid file and the verification process (if selected) must be complete before aid can be posted to your account.
An explanation of how financial aid eligibility is determined can be found on our Financial Aid Eligibility page.
The Federal Unsubsidized Student Loan and the Federal Direct Parent PLUS Loan, which are low interest federal loans, are considered non-need-based aid.
Pell Grant, FSEOG, Federal Subsidized Loan, Perkins Loan and Federal Work Study are all need-based aid. Need is determined by subtracting the federal Expected Family Contribution (EFC) from the cost of attendance.
Information on the types of financial assistance can be found on the Financial Aid page.
Generally, if you are 24, or will be 24 by the end of the calendar year, you are considered an independent student. If you are younger than 24 but are a veteran, have dependents, are married, are an orphan or were a ward of the court, you may also be considered an independent student. If you feel you have extenuating circumstances, you should contact the Financial Aid Office.
Once you have been accepted for admission to Castleton and the Financial Aid Office has received your processed FAFSA, your financial aid eligibility will be determined. An email notification will be sent to your email address per our database advising you to view your award via the Portal/VSC Web Services. Your award may be actual or estimated. Please view Financial Aid Document Status via the Portal/VSC Web Services to see what other documentation we may need to finalize your award. Submit additional documentation as soon as possible.
Once your application is processed, you will receive a Student Aid Report (SAR) from the federal processor. It is very important to review this report for accuracy, as your financial aid eligibility will be determined based on this information.
Applications may be submitted to the federal processor starting October 1. Financial aid is awarded on a first come, first served basis. Therefore, you are encouraged to apply as early as possible. We will consider anyone who applies by April 1 to be an on time applicant. Reminder: You must apply for financial aid each year.
You need to complete and submit a FAFSA (Free Application for Financial Aid) each academic year.
You can complete this application online by going to www.fafsa.ed.gov.
Castleton's school code is 003683.
Eligibility requirements can be found on our Financial Aid Eligibility page.
We have instructions for first time borrowers of Federal Perkins Loans.
For a Federal Direct Subsidized Loan, the U.S. Department of Education pays the interest while you are enrolled at least half time. For a Federal Direct Unsubsidized Loan, you are responsible for the interest from the time the loan is disbursed until it’s paid in full. You may pay the interest, or you may allow the interest to be accrued and capitalized. If you elect to defer paying the interest on the unsubsidized loan, we recommend that you check with your lender periodically to find out how much interest has accrued to date and if at all possible, make an interest payment so that you will have less interest that has to be capitalized. More information about Subsidized and Unsubsidized Direct Loans is available including interest rate information.
We have information available for first time borrowers of Federal Direct Subsidized/Unsubsidized Loans.
We have information on loans levels and limits.
Each position has its own job description determined by the supervisor. Most importantly, all Federal Work-Study employees are Castleton University employees and are expected to be punctual, to follow confidentiality guidelines, to be respectful of students and supervisors, to dress appropriately, and meet all other expectations set by Human Resources and your supervisors.
No. Students may be eligible as long as they are enrolled at least half-time.
The W-4 form is the Employee’s Withholding Allowance Certificate. It is completed so that Castleton University can withhold the correct amount of federal income tax from pay. If students are taking classes, no income tax is withheld. During summer months income tax may be withheld if students are working on campus but not taking classes. Refer to a parent or to Human Resources for help on filling out your W-4.
The I-9 is required by the Department of Homeland Security to establish employment eligibility. To complete this form, employers must examine evidence of identity and employment eligibility prior to the date employment begins. For Castleton University purposes, we must have a completed I-9 along with the W-4 in order to approve a Student Employment Form.
Yes. Students and their supervisors must complete the Student Employment Form for every student that is hired in the current academic year. This is regardless of whether the student worked in that department last year. The form must be completely filled out in order to be approved. This includes completing the pay rate, job classification and job title. Supervisors are responsible for completing the pay rate portion of the form. Students cannot start working until all paperwork is processed and approved.
NO! It is very important that the supervisor and the student monitor the earnings of the students so that they do not earn over their awarded amount. In some cases students may be able to increase their awards. To find out if their FWS eligibility could be increased they would have to make an appointment with the Financial Aid Office to review their financial aid eligibility.
Your FWS award is listed on your award notification (that you view via Web Services). At Castleton University new incoming students are awarded up to $1500 for the academic year, $750 for the fall semester and $750 for the spring semester. This will allow new students to work an average of 5-6 hours per week each semester depending on their rate of pay. Returning students are awarded up to $2000 per academic year, $1000 for the fall semester and $1000 for the spring semester, allowing them to work 7-8 hours per week. Castleton University offers these awards based on financial need and the availability of Federal funds.
At Castleton University, students must apply for Federal Financial Aid every year by submitting the Free Application For Federal Student Aid (FAFSA). Federal Work-Study is awarded by the Financial Aid Office based on need.
At Castleton University the Federal Work-Study program is administered by the Financial Aid Office. However, it is the responsibility of the students and the supervisors along with the Financial Aid Office to monitor earnings. If students have questions regarding their work study eligibility, they should contact the Financial Aid Office.
Federal Work-Study is a financial aid program funded jointly by the U.S. Federal Government and a pre-approved employer. The program was created to allow students to earn wages during college while working for non-profit, educational institutions, government and community service employers. At Castleton, an approved employer is either an office or department on campus or an off-campus nonprofit agency approved by Castleton.
Yes. Students may be employed at more than one location on campus. You must complete a Student Employment Form for each position. Keep in mind that you may meet your earnings limit sooner than expected and that you cannot earn more than your award. The Financial Aid Office will notify both the student and the department supervisor when eligibility limit is reached. Once you have earned your award amount you must stop working.
Students will be approved to begin work when there is a W-4 on file, an I-9 on file, a completed Student Employment Form and their financial aid file is complete. The Financial Aid Officer will use email to notify both the supervisor and the student when employment has been approved. If there is a problem with one of the forms submitted, an email will be sent from either Financial Aid or Payroll.
Castleton does not place students in Federal Work-Study positions, giving students the opportunity to find a job that is of interest to them and that fits into their schedule. Students cannot work during a time that they are scheduled to be in class. Overtime is not authorized for federal work-study student employees and any overtime worked will be at the individual department's expense. Please check “How to Apply for Work Study” which lists the departments and supervisors that hire Federal Work-Study students. Students should go to the supervisor of the department that they are interested in working for to apply for a position.
Scholarships for new students are available through the Admissions Office. Check the Financial Aid section for New Student Scholarship details and deadlines. Returning Student Scholarship information can be found in the Financial Aid section as well.
Yes. Please read information on Outside Scholarships on the Financial Aid web page.
Any scholarship notification should be sent to the Financial Aid Office. Scholarships are considered a resource and may result in a reduction in your federal student loan(s) and/or work-study, and possibly the Parent PLUS loan or private education loan.
Information about state grants can be found on our State Grant Application page.
The federal processor randomly selects applicants for verification. We may also choose an applicant for verification due to a possible error on the FAFSA or when there is conflicting/unclear information submitted on the FAFSA.
Yes, if there is a change in the EFC calculation on the FAFSA, then the financial aid eligibility will be reviewed. The student will be sent notification via e-mail that the verification process is complete and that they should view their award via the Portal / VSC Webservices for any changes.
Information on Data Retrieval is available on our site.