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SAFER AT HOME! SLOW THE SPREAD!
SAFER AT HOME! SLOW THE SPREAD!
SAFER AT HOME! SLOW THE SPREAD!
SAFER AT HOME! SLOW THE SPREAD!
The Free Application for Federal Student Aid, better known as the (FAFSA) is the form students need to fill out if they want to obtain any financial aid from the federal government to help pay for college. You should know the FAFSA is free, so you don’t need to pay anyone to prepare it for you. You will need to submit a new FAFSA before each academic year in which you want to receive aid. Be sure to use a permanent email address on the form, not your high school email, so you can use your FAFSA account throughout college. If you are going to best way to complete the (FAFSA) its best that you do it early, online. The first day you can begin the application is October 1, in the year prior to the year you want to attend school, and the deadline runs through June 30 of the following year. However, keep in mind some schools and states have their own deadlines for filing. So you may want to contact your school(s) of interest and find out their deadline(s). You can check states’ deadlines by clicking here.
THINGS YOU NEED
Your Social Security Number Your Alien Registration Number (if you are not a U.S. citizen) Your federal income tax returns, W-2s, and other records of money earned. Bank statements and records of investments (if applicable) Records of untaxed income (if applicable) An FSA ID to sign electronically. If you are a dependent student, then you will also need most of the above information for your parent(s).
THE PROCESS
Create an account (FSA ID). You must create an FSA ID username and password in order to sign the FAFSA form online, which is highly recommended. The process if quick and straightforward. If your parent are required to report their information on your FAFSA form, they need to create their own FSA ID in order to sign your FAFSA form online. Create a save key. A save key is a temporary password and it will allow you to return to the FAFSA and complete it if you can’t complete it in it’s entirety in one setting. You can also share this key with your parents if they need to access to yours FAFSA to complete their parts.
Personal Information. Once you are in your account, the next thing you will do is enter your personal information. This includes your full name, date of birth, and contact information, as well as your Alien Registration Number or driver’s license number, if you have these. You will also be asked to enter your Social Security number, so make sure you have it handy because you can’t complete your FAFSA without it. Other information will be things like your citizenship status, marital status, and where you went to high school Money, Money, Money. Most students in high school won’t have any finances to report, seeing as how they are still dependent on their parents. However, for those who do have income that is reported to the IRS, this is where you will enter that information. Remember, you will need your tax information from the two previous years. Your parents may be able to use the IRS Data Retrieval Tool to automatically import their tax data. They will just click “Link to IRS” and follow the directions to import their tax information.
College Selection. You want to choose which schools will receive your FAFSA, and you will have the option of choosing up to ten colleges. However, if you’re not sure which ones to select, just select your top choices., and, remember, you can always go back and make changes. Sign & Submit. Now that you have filled in all the required information all that’s left to do is sign, which is done by using your personal FSA In addition, if your parents added their information to your FAFSA, then, depending on their marital status, one, or both, will be required to sign with their FSA ID. Finally, all you have to do is hit the submit button, which will take you to a confirmation page. Be sure to print it out and save it for your records.
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