Financial aid status can be checked by logging onto the Free Application for Federal Student Aid website. FAFSA status information is located on the My FAFSA page, according to FAFSA.Continue Reading
Several factors determine how quickly a student is able to check the status of her financial aid. It is recommended that a student fill out her forms online, and do it as soon as possible to get her aid results more quickly, according to HowStuffWorks.
Once an application has been filed online, the student receives an email, if she provided an email address, that gives her access to her Student Aid Report. This report provides the student with information on how much the family needs to contribute for her education, which also determines how much aid the student is able to receive for the year, says The ACT.
If a FAFSA application is submitted through other means, such as through the mail, the status of the application cannot be checked until it has been processed. It can take seven to 10 days from the application's mailing date for it to be processed, says FAFSA. To find out how financial aid is disbursed, contact the college where the financial aid is being used; it can inform the student how much financial aid the college is going to provide, according to The ACT.Learn more about Credit & Lending