Apr 14, 2009
The Tax Man Cometh…
Posted in: Afford
Ah, the lovely days of April, when we sit back in relaxation and breathe in the sweet smells of spring [insert corny sound effect here].
April is indeed lovely (I wish I were outside right now) but it is anything but relaxing. And with CPW about to begin, it seems appropriate not to forget one of our other financial aid populations, returning undergraduate students for 2009-10.
Tax day is quickly approaching (tomorrow) -- the day by which US citizens and residents who've earned income in the last year must submit either a completed tax return or an extension. April 15 is also our priority deadline for upperclass (rising Sophomores - Seniors) financial aid applications. A copy of the email below was sent to students yesterday:
The April 15th 09-10 financial aid application deadline is near! We are writing to notify you that as of the date of this notice your aid application for the 2009-10 academic year remains incomplete. Note: If you have recently sent in application materials please allow for processing time before a “received” and “complete” status can be applied.
However, if you feel you will be unable to complete your aid application deadline by the April 15th deadline, please contact us prior to that date to request an extension.
Please e-mail the appropriate aid officer based on your last name.
A-Ch, Liz Barnes
Ci-G, Ryan Callahan
H-La, Maxence Metayer
Lb-O, Kenneth Hayes
P-Sr, Aimee Grandmaison
Ss-Z, Gary Ryan
Your request should include:
- The date by which you expect your application to be complete
- The reason for the delay
- The student’s name and MIT identification number
Without this information we cannot process your request.
You may check your file status on WEBSIS at any time.
It is not necessary to contact us to confirm the extension. We will notify you during the week following CPW once your request for an extension has been processed.
If you have already been granted an extension there is no need to contact us again with your request.
So, given the timing, and that CPW begins Thursday, I thought it would be appropriate to explain what we mean by priority deadline for upperclass students. If you are a domestic student and have submitted your FAFSA and Profile by the end of the day tomorrow, you are fine AS LONG AS you submit your IDOC materials by the end of next week. Remember that you can always log on to the IDOC web page to print out the instructions and cover sheet once your Profile has been completed, rather than waiting for an email to be sent to you from the College Board.
If you are an international student, as long as your material is received by us in the next week or so you also are fine. We will update your application with mail we receive once CPW is complete so there is no need to worry.
If you have not begun your application yet, or you are experiencing delays, it is critical that you request an extension to the deadline so that you are not penalized for missing our application date. We really will work with families who are experiencing delays, but we need to have a good sense of when to expect your complete application so please try to do your best job of estimating the length of time you need when you contact us to ask for an extension.
At present, 40% of those who we are expecting financial aid applications from have completed (bad sentence construction, but you know what I mean). We need the rest of you to complete or to be in touch with us to request an extension as soon as you can.