Apply for Financial Aid
Applying for Aid
The FAFSA is the Free Application for Federal Student Aid and is the only application you need to complete to be considered for Federal and State aid in Oregon. Some awards are based on a first-come, first-served basis, so be sure to apply early every year (the application opens up October 1st of every year).
- Get your FSA ID – You’ll need a FSA ID and password to login and sign the FAFSA online. You can set that up by going to FSA ID. Parents also get a FSA ID and password in order to sign the FAFSA.
- Complete the FAFSA – Log in to https://fafsa.gov/ and complete the application. There is online help if you get stuck in the process. Be sure you submit when you are done and list all potential colleges.
- Southwestern's school code for the FAFSA is: 003220
- Once Southwestern receives your FAFSA information, we will notify you by email (the address you used on the FAFSA) with a notice requesting additional paperwork.
You may also log into myLakerLink, once you’ve completed the Application for Admission, and see what forms/documents are required to complete your financial aid file.
- Print and complete any forms that are required and submit to the financial aid office along with any other required documents.
- Return in person to the Student Success Center in Stensland Hall; or
- Mail to 1988 Newmark Avenue, Coos Bay, OR 97420; or
- Fax it (Attention Financial Aid) to 541.888.7492.
- The deadlines for paperwork are on the financial aid homepage.
- Review Southwestern's policies regarding Financial aid and understand your rights and responsibilities as a student .
- Award Pamphlet
- How much does it cost? That’s called the Cost of Attendance.
- What if I drop below a 2.0 or drop classes? That’s in the Satisfactory Academic Progress policy.
- How do I get my money? That’s called Disbursement.
- What if I have to drop all of my classes? That’s called a Return or Title IV Funding.
- Where is my award letter?
Once you turn in your last required document, your file will go into the queue for awarding. We award on a first-come basis, so depending on the time of year, the wait could be up to 12 weeks before you will receive an award letter.
- Southwestern disburses aid based on the amount of credits you are enrolled in at 5pm on the second Wednesday of the term. In order to be eligible for your disbursement each term, you must:
- Be admitted to Southwestern.
- Declare an approved 2-year program or 1-year certificate.
- Be enrolled in classes that go toward your declared program/certificate.
- Be in good standing academically (Satisfactory Academic Progress).
- Disbursement occurs the third Friday of each term and then every Friday thereafter.
- If you did not make the priority deadline, your aid may not disburse at the first disbursement of the term.
- You may choose direct deposit by going online to myLakerLink* (*NOTE: you must be logged into myLakerLink for this link to work). Otherwise, your check will be sent to your current address.
- If it is your first term in the academic year, your loans will not be disbursed until 30 days into the term (and disbursement occurs on Friday).
- If you transfer colleges during an academic year, financial aid funds are not automatically transferred to the other college.
- It is very possible that you may not receive the same types or amounts of aid at the new school because of the differences in cost of attendance and the availability of funds.
- Your awards are determined by student eligibility (determined on the FAFSA), the cost of attendance at each school, and the total number of aid dollars available at each school at the time you make your request.
- Priority deadlines are the same for transfer students, so it’s wise to complete the process at all schools you might attend during the year.