NETWORKS BARBER COLLEGE FINANCIAL AID & V.A Benefits NOW AVAILABLE!!! (for those who qualify)
          NETWORKS BARBER COLLEGE                      FINANCIAL AID & V.A Benefits                      NOW AVAILABLE!!!                   (for those who qualify)

How to Apply for Financial Aid

 

Step 1: Go to www.FAFSA.ed.gov to complete your Free Application for Federal Student Aid.  Our Federal School Code is 042244 and must be added to your application in order to be considered for receiving aid at our school.

 

Step 2: Make any necessary corrections to the Student Aid Report (SAR).  Once you have filed your FAFSA, your information will be processed by Federal Student Aid, and a Student Aid Report (SAR) will be generated – typically within one week of your online FAFSA having been submitted.  The SAR is a summary of the information you entered on the FAFSA; be sure to review the SAR for any errors.  You can make any necessary corrections online via the FAFSA website.  If no corrections are needed, keep a printed copy of your SAR for reference.

 

Step 3: Submit any additional documentation requested.  Once you have filed your FAFSA, you will be notified if you are selected for a process called “Verification.”  For more information on Verification, please see “Title IV Verification Policy”.

 

Step 4: Review your Financial Aid Award Notice.  During the first initial appointment with the Financial Aid Advisor, you will be provided a Financial Aid Award Letter.  This letter provides the estimated amount of financial aid you are eligible for.  The financial aid advisor will meet with you and discuss any questionable items from for FAFSA.

 

Step 5: Accept/Decline your awards.  A student must sign their award letter verifying the amount of financial aid they wish to receive.

 

Documents needed to complete FAFSA

 

To correctly fill out the application, you may need certain records.  The most important record is your base year (usually the prior year) tax return.  You will need your tax return, your parents’ tax return (if you are dependent), and your spouse’s tax return (if you are married).  You may also need copies of your W2’s, mortgage information, social security benefit statements, and other agency benefit records.

IRS Retrieval Tool

The IRS Data Retrieval Tool is available for online FAFSA submittals and is accessible through the FAFSA web site www.fafsa.gov.  The retrieval tool allows FAFSA applicants and parents with the ability to transfer their income information from the IRS to the FAFSA.  Therefore, the student and/or parents may not need to collect tax records, but can automatically transfer their tax information to their FAFSA.  Most students and parents can use the data retrieval tool.  However those that are ineligible to use the IRS Retrieval tool are students and parents who are married but filed separate tax returns, those that filed within 2 weeks of filling out the FASFA, those filing as Head of Household, filing an amended return; and if you are filing a Puerto Rican or foreign returns.

 

Title IV Verification Policy

 

If a student’s Free Application for Federal Student Aid (FAFSA) is selected for review in a process called verification, the school is required to collect certain documents and adhere to deadlines for processing your application.  If a student/parent was unable or chooses not to use the IRS Direct Retrieval Tool, then additional documents must be collected.  Once the student has submitted the required documentation to the Financial Aid department, the financial aid officer will advise the student of appropriate corrections needed to be made to their FASFA.  If, as a result of verification, the applicant’s Title IV eligibility changes, the financial aid counselor will notify the student via a new award letter.  A student's FAFSA record can be selected based on:

  • verification selection criteria determined by Networks Barber College
  • irregularities of data
  • random selection

Networks Barber College may require the following items from an applicant selected for verification:

Dependent applicants:

  • Dependent Verification Worksheet
  • Parent’s tax transcript*
  • Student’s tax transcript*
  • W-2 forms (if separation of income is necessary)
  • Other information may be required, based on student’s FASFA

Independent applicants:

  • Independent Verification Worksheet
  • Student’s (and spouse’s) tax transcript*
  • W-2 forms (if separation of income is necessary)
  • Other information may be required, based on student’s FASFA

*Tax Transcripts can be obtained at www.irs.gov and are free of charge.  Online transcripts take 5-10 days to receive. 

Address

Networks Barber College
508 Burnham Ave
Calumet City, IL 60409

 

(708) 868-8115 

info@networksbarbercollege.com


Or use our online form.

School Hours

Student Hours

Monday 8:30am - 6pm

Wednesday 8:30am - 6pm

Thursday 8:30am -6pm

Friday 8:30am - 6pm

Saturday 8:30am - 6pm

 

Client Hours

Monday 10am - 5pm

Wednesday 10am - 5pm

Thursday 10am - 5pm

Friday 10am - 5pm

Saturday 10am - 5pm

 

Tuesdays & Sundays

Closed 

 

Holiday Closures

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New Years Day - January 1, 2017 - January 3, 2017

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Martin Luther King, Jr. Day - January 16, 2017

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Memorial Day - May 26 -  May 29, 2017

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Independence Day - July 4, 2017

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Labor Day - September 4, 2017

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Thanksgiving Day - November 23, 2016 - November 25, 2017

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Christmas Day - December 25-27, 2017

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