General Catalog 2022-2023

Contents
Catalog Links

Federal Pell Grant

This program was instituted by the United States Government as the basis for student financial aid programs. The original name was Basic Education Opportunity Grant (BEOG). Students may request this by Internet www.fafsa.ed.gov.

In order to submit the request, students must:

  1. Students, from their home or in the campus of their preference, will request the FSA ID. This is the password that will allow them to process the request for federal financial aid FAFSA. To acquire this identification, they must enter the Internet page WWW.FSAID.GOV https://fafsa.ed.gov/ or through the page FSA ID and select the link FSA ID.
  2. After acquiring their identification, students will complete the request for federal financial aid FAFSA through the Internet page https://fafsa.ed.gov/. During the process they will select the code of the campus of Inter American University in which they will study. The University will electronically receive the information on the eligibility of the applicant, will produce the Institutional Student Information Record (ISIR) and will communicate with the applicant. This form is advantageous because the process is made agile, errors are avoided and the applicant does not have to wait for the mail. Normally the answer is received in Inter American University within 72 work hours after having transmitted the request. In this manner the process is made agile because:
    1. The Free Request for Student Federal Aid is available by Internet and can be completed from the comfort of the home.
    2. It is not necessary to wait for the mail.
    3. If the request is not approved or if information in the approval process was assumed, the Director of Financial Aid is prepared to help and can communicate with the student. The Office of Financial Aid corrects the error in electronic form.
    4. If the request is approved, when the students select courses for registration, the letter offering aid is prepared.
    5. The process of registration payment is faster. In fact, it can be by mail.
  3. Upon receiving the answer of the request for federal financial aid, the system automatically determines the amount for which the participants will receive considering the Educational Cost, the Academic Load and the Family Contribution expected.