To be eligible for Federal Financial Aid you need to: 

• Have a high school diploma or a General Education Development (GED) Certificate, or have completed homeschooling. 
• Be a citizen, or an eligible non-citizen of the United States. 
• Be enrolled in a degree-seeking program. 
• Have a valid Social Security Number. 
• Maintain Satisfactory academic progress 
• Not owe a refund on a federal student grant or be in default on a federal student loan. 
• Not have a conviction for the possession or sale of illegal drugs for an offense that occurred while you were receiving federal student aid (such as grants, work-study, or loans). 

To file and electronically sign your FAFSA, you will be asked to create a FSA ID. 

An FSA ID is a username and password combination that is used to log into certain Federal Student Aid websites, including the FAFSA website. A student must have their own FSA ID and password, and their parent (for dependent students) must have their own FSA ID and password. 

Because an FSA ID is linked to a person’s Social Security number, name, and date of birth, it is created only once. If someone forgets their ID and/or password, they may reset it here. 

The FSA ID and password is used to log in to a FAFSA and to electronically sign the FAFSA. A parent can use their FSA ID to sign FAFSAs for all of their children, even if they are attending different colleges. 

If a student or parent needs to create an FSA ID and password, it may be done by visiting the FSA ID website. 

In May of 2015 the FSA ID replaced the 4-digit PIN, which had previously been used since 1998. The use of the FSA ID is more secure and more modern than the PIN.

An FSA ID is a username and password combination that is used to log into certain Federal Student Aid websites, including the FAFSA website. A student must have their own FSA ID and password, and their parent (for dependent students) must have their own FSA ID and password.

If someone previously had a PIN, it must be linked to their FSA ID. This is done to confirm the person’s identity and will allow them to use their FSA ID and password immediately.

If someone did not previously have a PIN, or chooses not to link it to their FSA ID, the Social Security Administration will attempt to match the information entered to confirm their identity. For that reason, it is important that what is entered matches exactly what the Social Security Administration has on file. This process will take one to three days, and the FSA ID and password may only be used after that match has been made.

Because an FSA ID is linked to a person’s Social Security number, name, and date of birth, it is created only once. If someone forgets their ID and/or password, they may reset it here.

The FSA ID and password is used to log in to a FAFSA and to electronically sign the FAFSA. A parent can use their FSA ID to sign FAFSAs for all of their children, even if they are attending different colleges.

If a student or parent needs to create an FSA ID and password, it may be done by visiting the FSA ID website.

SCHOOL CODE: 041795

You must include our school code (041795) on your FAFSA for North American University to receive your FAFSA and determine your eligibility for financial aid.

The IRS Date Retrieval Tool (DRT) is available when you file the FAFSA. Using this tool is the easiest and most accurate way to file the FAFSA. This tool automatically imports the tax information from the correct year’s tax return directly into the FAFSA, which saves time and ensures accuracy. To use the IRS Data Retrieval Tool, the information entered must match exactly what is on the tax return. Once the data has been successfully transferred into the FAFSA, do not change any of the data that appears. 

If you choose not to or cannot use the IRS Data Retrieval Tool, you will need to have tax returns and other records of other income available to enter manually when you complete the FAFSA. 

Need-based financial aid is awarded based on a student’s financial need. Need-based aid includes scholarships, grants, Federal Work Study, and Direct Subsidized Loans. Financial need is determined by subtracting the student’s Expected Family Contribution (EFC) from their estimated Cost of Attendance (COA). The difference is the maximum amount of need-based aid a student can be awarded

Estimated COA – EFC = Financial Need 

Students do not need to demonstrate financial need to qualify for non-need based aid which includes TEACH Grant, Direct Unsubsidized Loans, and Direct PLUS Loans. A student’s total need-based and non-need-based aid cannot exceed their COA. 

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