Financial Aid News and Updates

Financial Aid News and Updates

Be sure to visit this page to get the latest news and information from the Financial Aid Department. If you have any questions, please feel free to contact the Financial Aid office at your local campus and they will be happy to assist you!

2018 Tax Information

Dorsey Schools utilizes a vender (ECSI) to generate and mail Form 1098T to our students; the forms will be mailed before January 31, 2019. Students that do not receive the form by mail (after the applicable mailing period has elapsed), can logon to the ECSI website to retrieve their form. If you experience difficulty obtaining your Form 1098T, please contact the Financial Aid office at your Dorsey Schools campus location. If you have moved or changed your address, we will ask you to complete a change of address form and return it to your campus.

IRS FORM 1099E

In addition, ECSI will also mail Form 1099E to relevant Dorsey Schools students that received a Dorsey Institutional Loan. If you have a question about this form, it should be directed to ECSI.  You may contact the Financial Aid office at your Dorsey Schools campus and we can provide you with contact information for ECSI.

IRS FORM W-2

Dorsey School’s Human Resources Office will mail Form W-2 to the students who have earned income from the Federal Work Study Program.  Student’s should contact their direct supervisor if they do not receive their form in the mail after the applicable mailing period has elapsed.  Students can also utilize the Paylocity website to retrieve their Form W-2.

Applicants are now being accepted for the Live Your Dream scholarship offered by the Soroptimist International of Oakland County Scholarship. See below some information on this club and a link to their website. We have attached the application, reference form and a checklist for your convenience.

“Soroptimist International of Oakland County is a service club working to improve the lives of women and girls in local communities and throughout the world.  Our club was founded in 1937.  We are part of Soroptimist International of the Americas in 20 countries, 1,300 clubs and 35,000 members.  We are part of the Midwestern Region, represented in four districts which are located in Michigan, Ohio, Indiana, Illinois, Wisconsin and Kentucky.  Our District III consists of the counties of Oakland, Macomb, Genesse and Wayne.

Once again this year we are offering our Live Your Dream annual award for women who are head of their household.  These women must be enrolled in or have been accepted to a vocational/skills training program or an undergraduate degree program.  The award amount is once again $1500.00.

Applicants must review Step 1 in the application and must be able to answer affirmative to the eight questions on the attached flyer.  All applications that do not comply with the instructions, including the submission of two reference letters will not be considered.’

https://www.soroptimist.org/

Live Your Dream Application

Live Your Dream Reference Form (two different references)

News Flash:  Tax Information

The Federal tax code includes a number of provisions designed to reduce or partially offset the costs of higher education for students and families. Among those are the American Opportunity Tax Credit (AOTC) and the Lifetime Learning Tax Credit, both designed to help families pay for at least a portion of higher education tuition and fees and related costs.

Many students and their families do not take advantage of these tax credits that could save them thousands of dollars. For more information about these tax credits go to: http://www.irs.gov/Individuals/Education-Credits-AOTC-LLC

Also see this Flyer from the IRS for more information

Federal Student Aid Resources

Early FAFSA Filing and Prior Year Tax Update

Please select the link here to see this new information to help with your financial aid application process: Early FAFSA Filing and Prior Year Tax Update

NOTICE: IRS Warning of a “Federal Student Tax” Scam

Click here to see details of IRS Scam

Scholarship Deadline is Approaching!

The deadline date of October 15th 2016 for submitting an application for a Dorsey scholarship is quickly approaching. To apply, click the scholarship of your choice below to print the application form. Turn in the completed application to your campus Financial Aid or Administration office.

If you have any questions, visit your campus Financial Aid office.

Looking for Additional Information?

Be sure to visit our other Financial Aid pages for helpful information:

Financial Aid Information
Highlights Scholarships and Grants
Student Consumer Information