Help yourself get the most assistance you can

Money Management Tips

Money bundlesUse these tips to save money in college.
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Follow these tips for success so you have the best chance to maximize the amount of financial aid you qualify for and receive it as quickly as possible.

  • Complete your federal tax returns early

You and your parents should complete your federal tax returns as early as possible each year.

You may complete the Free Application for Federal Student Aid (FAFSA) using only estimated tax information; however, you should use actual tax data if possible for more accurate reporting. If you complete the FAFSA with estimated information, you need to correct the Student Aid Report (SAR) later using actual tax information.

  • File a Free Application for Federal Student Aid (FAFSA)

The FAFSA must be received at the processor between Oct. 1 and April 15 each year to receive priority consideration for many types of financial aid.

  • Respond to correspondence

Check your Ball State email account frequently for correspondence from our office. Please respond promptly to all requests for additional information.Your financial aid processing cannot be completed until all necessary documentation is provided. Also, be sure to include your name and Ball State ID number on all correspondence submitted with our office.

  • Search for additional aid

Consider searching for private scholarships, many of which are based on merit and not on financial need.
See our scholarships page, which contains information about Ball State scholarships, as well as links to several large and comprehensive scholarship-search websites.

A number of scholarships have deadlines, so start early.

  • Accept your loan offer

Most financial aid packages contain a federal Direct Stafford Loan. If you decide to take out a loan, you will need to accept your loan online at MyBSU.

  • Understand your responsibilities

Be sure to understand your responsibilities as well as implications of all forms that you sign. To make sure that you receive the most aid possible, be organized and take an active role in the financial aid process.

  • Keep your addresses current

Make sure your home and local addresses are current with Ball State. If they are not correct, you run the risk of not receiving information from us. This can slow down or halt the processing of your financial aid. You can quickly change your address.

  • Consult with our financial aid advisors

Financial aid advisors are available to help you. They will answer your questions about financial aid at Ball State. Come see them at our office in Lucina Hall, room 245, or email an advisor.

  • Come prepared

Please come prepared to our office with any necessary documentation that you have. You may also want to bring a list of questions, so you don’t forget anything.

  • Cooperation is key

The financial aid process is a cooperative effort with you, your family, and our staff. We want students to succeed in getting needed financial assistance. Help us help you!

  • Protect yourself and your money

Anytime you share personal financial information about you or your family, you need to be aware of potential scams.

Here are a few important tips about protecting yourself and your money during the financial aid process.