2023-2024 Student Handbook

Application Procedures

In order to determine eligibility for federal financial aid programs, the student should complete the Free Application for Federal Student Aid (FAFSA). The FAFSA form may be completed online at the U. S. Department of Education’s website(www.fafsa.ed.gov). The student should list Drake State’s school code (005260) in the section requesting the name of the college that he/she plans to attend. 
  
Within one to two weeks after the FAFSA has been filed, the student will receive a Student Aid Report (SAR). Drake State will also receive an electronic copy if she/he has listed Drake State. The Financial Aid Office at Drake State is responsible for verifying that students meet all of the Department of Education’s eligibility criteria. The student may also be asked to supply documents (tax transcripts from the IRS, wage and income transcripts, verification forms, etc.) to check the accuracy of the information reported in the SAR. If an error is found, the SAR must be returned to the processor for corrections.