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Your aid and your bill

The process of applying for aid and paying your charges is easier than you think. See our Applying for Aid section for a detailed list of steps in the financial aid application process.

File a FAFSA

First, complete and submit a Free Application for Federal Student Aid (FAFSA). Complete the FAFSA online at www.fafsa.gov.

Student Aid Report (SAR)

Once your FAFSA is received and processed, you will receive a Student Aid Report (SAR) by email from the U.S. Dept. of Education in 3-4 days. Review it carefully and make any corrections at www.fafsa.ed.gov.

Award Notification 

Once ASU receives your FAFSA information, Financial Aid and Scholarship Services may request verification documents. After verification has been completed, or if no verification documents were requested, you will receive a Financial Aid Notification (FAN) letter from ASU Student Financial Assistance. When you receive the award notification letter, review it carefully along with any required certifications and enclosures. You must accept or decline your awards using My ASU (the university's online student portal). Future award notices will be sent to your ASU email address informing you of viewing availability.

Account Balance

Your financial aid award is automatically applied to your account balance. If your financial aid award does not cover your entire bill, you are responsible for paying the remaining charges. Review your payment options in My ASU.

Remaining Funds

Excess funds (amount of your aid that is left after tuition, fees, books and supplies have been deducted) are mailed or direct deposited in your bank account no sooner than a few days before the start of the semester. The easiest and fastest way to get your remaining funds is to enroll in direct deposit.