FREQUENTLY ASKED QUESTIONS
Who is eligible to apply for an award?
Young men and women of proven scholastic ability who are in their senior year of high school and desire to obtain higher education are eligible. Students must be in the upper half of their graduating class and reside within the boundaries of the North Penn School District.
Where does the money come from?
Our funds come from two sources: an annual fund drive and a Trust Fund. Each year, the NPASFA solicits contributions from local businesses, industrial firms and individuals. Many contributors have loyally supported the fund for numerous years and offer much support. Individual contributions, both small and large, are received and it all adds up to a great community effort for the best investment a community can make . . . its youth. A Trust Fund was established in the 70's and has been growing ever since. Each Spring, the Scholarship Board determines the amount of Trust Fund dollars which will be added to the year's contributions and awarded to the recipients.
Are the contributions to NPASFA tax deductible?
Yes. Your contributions to NPASFA are tax deductible (50% deductibility limitation) under the IRS regulations. Exempt status for any organization can be checked on the IRS web site
Who administers the Fund?
The Trust Fund is managed by PNC Advisors, a member of the PNC Financial Services Group. The operation of the scholarship fund is provided by volunteers from the community at large and representatives from the various schools, service clubs, and organizations.
How is submitted personal information handled?
All information is kept confidential and is used for the sole purpose of determining eligibility. Procedures have been established which ensure both anonymity (fairness in selection) and confidentiality. Upon receipt of application, a number is assigned by the Award Committee Chairman. The Chairman enters the pertinent information from page 1 of the application into a database. The applicant name on page 2 and 3 of the application is replaced (on a copy of the original) with the number assigned. These two pages are reviewed (anonymously) by the awards committee for the purpose of ranking the applicant's civic service, awards / honors and evaluating unusual circumstances. The match up between assigned number and applicant name is done by the Awards Committee Chairman after the scholarship recipients have been determined by the awards committee. Financial information (FAFSA SAR) is not examined by any committee member (see next FAQ).
'Who reviews my financial information?
To protect confidentiality within the community, financial information (FAFSA SAR) is not examined by any committee member. The NPASFA uses the services of a local university's Director of Financial Services to review and rank financial information. The SAR, after receiving an assigned application number, is forwarded to the Financial Services Director. Returned to the Awards Committee Chairman is a list of application numbers sorted by financial need.
The universities to which I am applying require the ACT standardized test instead of the SAT. To apply, do I have to take the SATs if I'm also taking the ACTs?
No, the NPASFA will accommodate applicants who take the ACT tests in lieu of the SATs. In order to rank applicants by total scores, the ACT scores will be converted to a comparable SAT score using an ACT - SAT Comparison Chart.
How do I meet the March 1st deadline for submitting the application when my W2 wasn't available until January 31st?
If you feel that you might be cutting it too close, then you should consider filing the FAFSA electronically. Electronic filing is faster than filing a paper form. The process may be as much as 7-14 days faster if you electronically sign your application as soon as you complete it. Submitting your Free Application for Federal Student Aid using FAFSA on the Web or another electronic product eliminates delays that can occur from mailing. Also, FAFSA on the Web edits your application before you transmit, ensuring that the data you transmit to the U.S. Department of Education is ready to be processed.
The FAFSA web site indicates you should get back your SAR within two weeks of electronic filing.
The link to file electronically is http://www.fafsa.ed.gov/index.htm.
March 1st is only a couple of days away and I have not received my transcript and/or my FAFSA Student Aid Report (SAR). What should I do?
Immediately send in the Application to the NPASFA PO Box regardless of missing attachments (SAR or transcript). The Application must meet the March 1st postmark deadline in order to be considered. An additional one or two week grace period will be granted for submitting the SAR and/or transcript -- the deadline for these pieces will communicated via an email receipt acknowledgement. Subsequent failure to meet this communicated deadline will result in application rejection.
How do I check the status of my FAFSA?
After you submit your FAFSA application, you will receive a Student Aid Report (SAR). Reference the Next Steps and Student Aid Report of the Federal Student Aid site for how to check on status and obtan a SAR.
What pages of the SAR do I need to include?
The SAR can be printed from the Federal Student Aid web site www.fafsa.ed.gov in about one week after submission if you used a PIN to sign your application. If instead of using a PIN, you printed, signed and mailed the appliaction signature page, the SAR will be available for printing in 2 to 3 weeks. A SAR will also be mailed to you by USPS. You need only include the first page of the SAR using either format: SAR Returned by mail or SAR Printed on-line (click on the links to see samples). To print the SAR go the the FAFSA web site, click on FAFSA Follow-Up and select View and Print Your Student Aid Report. Do not print the SAR until your application has been processed and all data issues resolved. The SAR must show the student name, address, EFC and DRN.
MAKING A DIFFERENCE in a bigger and brighter way through efforts and contributions of the North Penn area community.