The first reusable material we will discuss is the Free Application for Federal Student Aid (FAFSA). Almost all federal financial aid programs require that you complete a FAFSA. You must complete your FAFSA between February 1 and June 1 of each year. Your FAFSA will include information from your income tax or your parents income tax form 1040.
Details About Your FAFSA
The student aid web site outlines how to fill out the FAFSA. You have to fill out the FAFSA every year you’re in school in order to stay eligible for federal student aid. It states
“There are several ways to file:
- Online at www.fafsa.gov is faster and easier than using paper.
- If you need a paper FAFSA, you can
- Ask the financial aid office at your college or career school if you can file it there. Some schools will use special software to submit your FAFSA for you.”
“Applying isn’t the last step; your FAFSA has to be processed, and then you get an Expected Family Contribution (EFC), which your college or career school uses to figure out how much aid you can get. Find out more about what happens after you fill out the FAFSA, including how aid is calculated and when and how you’ll get your aid.”
Tips for Completing Your FAFSA
“Filling out the FAFSA can be a straightforward and easy process. FAFSA on the Web (www.fafsa.gov) will guide you through the application; click on the “Start Here” button on the home page, and just follow the directions on the screen. Here are some tips to help you along the way (follow the link to learn more).
- Get a PIN
- Gather the documents needed to apply
- Get help
- Log in and provide your basic personal information
- List colleges and/or career schools
- Determine your dependency status
- Report parents information
- Provide financial information
- Sign and submit the FAFSA
- Take the nest steps”
Monday we will explain how to complete a master application
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