Applying for Aid
To get an estimate of how much your family will be expected to contribute toward your educational expenses for one year, use Reed's Net Price Calculator. More information about determining your financial need is available in the Financial Aid Handbook.
Applying for Financial Aid 2015-16: Prospective Students
- File the FAFSA (Free Application for Federal Student Aid). The 2015-16 FAFSA will be available January 1st, 2015. Please note that you can (and should) initially file the FAFSA with estimated 2014 information, which you may correct at a later date. The FAFSA is required to determine your eligibility for federal funding. Federal funding includes the Pell Grant, SEOG, Perkins Loan, Federal Work Study, Direct Loan, and Direct PLUS Loan. Since most financial aid packages at Reed include some federal funding, you must also file the FAFSA to be considered for institutional funding. (Foreign nationals applying for aid are not required to file the FAFSA).
- File the College Scholarship Service PROFILE. The 2015-16 CSS PROFILE will be available October 1st, 2014. Please note that you can (and should) file the CSS PROFILE with estimated 2014 information, which you will update by submitting finalized information to Reed using the College Board's Institutional Documentation Service (IDOC). The CSS PROFILE is required to determine your eligibility for institutional funding. You do not need to file the CSS PROFILE if you only want to be considered for federal financial aid. (Foreign nationals applying for financial aid must file the CSS PROFILE.)
- Freshman and transfers must submit the Noncustodial PROFILE, if applicable. If parents are divorced or separated, only the parent (and stepparent, if remarried) that the student lived with the most in the past 12 months should complete the PROFILE. However, Reed expects both parents to assist in financing a student's education, therefore, the student's noncustodial parent must complete the Noncustodial PROFILE (NCP). The noncustodial parent must also submit copies of 2014 IRS income tax returns and W2s to the College Board IDOC service. The Noncustodial PROFILE is required to determine your eligibility for institutional funding; you do not need to file the Noncustodial PROFILE to be considered for federal financial aid.
- Submit copies of your and your parents' (both custodial and noncustodial) 2014 IRS income tax returns, W-2s, 1099 statements, and the verification worksheet with the College Board IDOC service.
- Once your taxes are submitted to the IRS for 2014, we strongly recommend that you and your parents use the IRS Data Retrieval Tool to update your 2015-16 FAFSA. Students whose FAFSAs were selected for verification by the federal processors are required to use the IRS Data Retrieval Tool. Please note if your parents are married but filing separately, or recently separated/divorced, they may be unable to use the IRS Data Retrieval Tool and will need to submit an IRS transcript of their 2014 tax return, in addition to a copy of their 2014 tax return, to College Board IDOC service. If the IDOC packet has already been submitted, the IRS transcript may also be sent directly to the Reed College Financial Aid Office. Download an IRS Data Retrieval Tool tipsheet here!
- International students (foreign nationals) must file the 2015-16 College Scholarship Service PROFILE and Noncustodial PROFILE (if applicable) and submit foreign tax documents to IDOC by the same deadlines as domestic students. Be sure to include Reed as a recipient (code 4654). US citizens living abroad should follow application instructions for domestic students.
2015-16 Financial aid deadlines for prospective students
|File the 2015-16 PROFILE &, if applicable, Noncustodial PROFILE with CSS by:||File the 2015-16 FAFSA with the federal processor by:
||File student & parent 2014 federal tax forms & W-2s & Verification Worksheet with IDOC by:
|Early Decision I||November 1||February 1||April 15|
|Early Decision II||December 1||February 1|
|Regular Freshman||February 1||February 1|
|Transfer||March 1||March 1|