The Financial Aid Process

Students who wish to be considered for federal aid and other need-based aid must complete the Free Application for Federal Student Aid at www.fafsa.gov. The FAFSA priority deadline for new students is March 15 and March 30 for returning students.

FAFSA Filing Changes

Beginning with 2017-18, the FAFSA cycle will begin October 1, 2016 instead of January 1, 2017. FAFSA income information will come from the “prior, prior year." 2017-18 FAFSA will collect tax year 2015 income data. Applicants will no longer need to estimate income and tax information and will be able to retrieve their data directly from the IRS, right from the first day the FAFSA is available.

When a Student is Attending College When a Student Can Submit a FAFSA Which Year's Income Information is Required
July 1, 2016 - June 30, 2017 January 1, 2016 - June 30, 2017 2015
July 1, 2017 - June 30, 2018 January 1, 2016 - June 30, 2018 2015
July 1, 2018 - June 30, 2019 October 1, 2017 - June 30, 2019 2016

So where can you get more information and help with the FAFSA?

  • The official FAFSA site, fafsa.gov, has a list of what’s needed in order to get started on the FAFSA—tax documents, Social Security number, etc.—and it also has information about state deadlines; and of course, the online application is there.
  • For help with the FAFSA, you can access numerous help screens or chat with a customer service representative while you’re filling out the application.
  • Or you can call 1-800-4-FED-AID or email studentaid@ed.gov.

Visit our Financial Aid FAQ for more information about the FAFSA.

Students who are Virginia residents must have their Virginia Tuition Assistance Grant application completed by July 31 to be guaranteed state funding. Students that received VTAG in the prior award year DO NOT need to complete a new application. The priority deadline for all other financial aid requirements is June 1. Please utilize your MyBC account to view the status of your financial aid, along with the documents needed to finalize your financial aid.

The video below provides an overview of the financial aid process. Note: Financial aid programs and requirements change periodically. Please consult with the financial aid office for latest information and updates.