Financial Aid

Location: Womack Hall Room 203
Office Hours: Monday - Friday
8:00 a.m. - 5:00 p.m.
Telephone: 870-230-5148
Fax: 870-230-5481

Mailing Address
Office of Financial Aid
HSU Box 7812
Arkadelphia AR 71999-0001

Federal Aid Code - 001098

IRS Data Retrieval Option

for 2012-2013 FAFSA

Click here for more information

New Facebook Page

Join the Office of Financial Aid on our newly created Facebook Page.

Completion Required by Act 605 of 2009

All students receiving Institutional or State aid (including, but not limited to waivers, scholarships, grants, assistantships and stipends) must complete information at the following link in order to have these funds applied to your account. Log in to my Henderson and click on "Courses I Take" tab to complete. Completion required by Act 605 of 2009.

Official Means of Communication

Our official means of communication is email. Please check your HSU email account often. You may also check the status of your application and awards by logging into myHenderson at http://reddie.hsu.edu/ics.

Federal Changes to Financial Aid

Congress permanently eliminated year-round Pell with the 2011-2012 award year.

This means students who receive Pell and are full-time Fall and Spring will have no summer Pell available.

Congress eliminated the in-school loan interest subsidy for graduate and professional students effective July 1, 2012.

This means no subsidized loans will be available to graduate or professional students effective July 1, 2012. Only unsubsidized loans will be available and interest begins to accrue upon disbursement.

Congress eliminated Direct Loan repayment incentives effective July 1, 2012.

This means the loan origination fee of 1 percent will be deducted from your subsidized and unsubsidized loans funds with no up-front rebate. For PLUS borrowers, the loan origination fee of 4 percent will be deducted from the loan funds with no up-front rebate. (Rebate previously .5%)

IRS Data Retrieval Option for 2012-2013 Free Application for Federal Student Aid (FAFSA)

This means you may be able to use this option to transfer your 2011 federal income tax data from IRS to your FAFSA.

This also means if your FAFSA is selected for verification and you do not use this option or you change the tax data, you must request a Tax Transcript from IRS to submit to the Financial Aid Office. Personal copies of tax returns can no longer be accepted.

New Option for the 2012-2013 FAFSA

IRS Data Retrieval Option for 2012-2013 FAFSA

Beginning February 1, 2012, students and parents who have submitted their 2011 IRS tax return will be able to select the IRS Data Retrieval option on the Free Application for Federal Student Aid (FAFSA) to transfer tax information to the FAFSA. We strongly encourage you to select this option during the initial filing or when subsequent corrections are made to your 2012-2013 FAFSA. This option will streamline and expedite the processing of your financial aid application.

To successfully use this option you must:
Have a federal tax return filed with the IRS.
Have a valid social security number.
Have a Federal Aid Personal Identification Number (PIN)

. You will be unable to use this option if:
Your marital status changes after December 31, 2010.
You filed married filing separately.
You filed an amended return.
You filed a foreign tax return.

If on the FAFSA you listed your tax filing status as “Will File” because you had not yet filed a return, please remember to change this status to “Already File,” update all relevant income fields to your FAFSA, and select the IRS Data Retrieval option once you have actually submitted a federal tax return to the IRS.

According to the IRS electronically filed tax return information will be available online from the IRS site in 1-2 weeks after the return has been filed. Data from paper tax returns will be available in 6-8 weeks

If your FAFSA is selected for verification, and you chose not to use this option or you changed the IRS data, you will be required to request a tax transcript from IRS and submit it to the Financial Aid Office.

Personal copies of tax returns can no longer be accepted. Federal Register (75 FR 66832)

How It Works

When either a parent or student selects the IRS Data Retrieval option, the FAFSA Central Processing System (CPS) will conduct a data match with the IRS. As the federal income tax filer, you will be redirected to a secure IRS website, where you will permit the IRS to transfer income data to the CPS. Data that is successfully matched will be marked on the FAFSA with the following notation, “Transferred from the IRS.” It’s as simple as that.

A successful match between CPS and the IRS will allow us to forego the need for certain federal income tax return documents, so long as income data fields are not subsequently changed on your FAFSA. This process avoids reporting errors and processing delays that can otherwise occur when the option is not selected. Please note that you may still be required to supply other income information as part of general verification process.

Obtain a Tax Transcript from the IRS

If your FAFSA is selected for verification, and you did not use the IRS Data Retrieval option or you changed the IRS data, you will be required to request a tax transcript from IRS and submit it to the Financial Aid Office. Personal copies of tax returns can no longer be accepted. There are three ways to request your tax transcript: by phone, online, or by mail. Please make sure you request a Tax Transcript. Do not request a Tax Account Transcript or Record of Account because they cannot be used for financial aid verification purposes.

A tax return transcript can be ordered by phone. Follow the options listed below:
• Call the IRS at 1-800-829-1040 (7:00 a.m. to 10:00 p.m.)
• Option 2 (Personal Income Taxes)
• Option 1 (Tax History)
• Option 2 (Tax Return Transcript)
• Enter and verify Social Security number (if joint return both SSNs required)
• Enter and verify numbers in street address
• Press 2 for Tax Transcript and indicate which year (i.e. 2010)

A tax return transcript can be ordered online. Follow the options listed below:
• Go to www.irs.gov
• Click Order a Tax Return or Account Transcript located in the left-hand column
• Click Order a Transcript under Step 3
• Enter your SSN, Date of Birth, Street Address, and Zip Code
• Click Continue
• Select Return Transcript for Tax Year (i.e. 2010)
• Click Continue

A tax return transcript can be ordered by mail. Follow the options listed below:
• Complete Form 4506-T (Request for Transcript of Tax Return)
• Form 4506-T is available online at http://www.irs.gov/pub/irs-pdf/f4506t.pdf.
• Mail to the address indicated on the form.

Your transcript(s) will be mailed within 5 to 10 days from the IRS.

Financial Literacy for Students

This ongoing series of webinars is geared towards all students. Based on our popular Financial IQ workshops that were developed to help cultivate financial competency, these sessions have years of proven success on college campuses. The webinars educate students on financial literacy topics and help them learn to make smart decisions about their finances.

Financial Aid Webinars Quicklink

Financial Aid Information and Instructions

Step by Step - Financial Aid Information and Instructions

Title IV Loan Code of Conduct

Henderson State University Title IV Code of Conduct

Financial Aid

"My time at Henderson in the School of Business taught me that hard work and persistence were the most important ingredients for success in any endeavor. The lessons I learned at Henderson have been invaluable in my life and my career."

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Dr. James VardamanBachelor of Business Administration - Management, 2001

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