Smart Money Moves Newsletter: October 2021

Page 1

SMART MONEY MOVES NEWSLETTER | OCTOBER 2021

IN

THIS

ISSUE

UPCOMING LEARNING

FAFSA Parent

FSA ID Tips

OPPORTUNITIES &

Agreement EVENTS

awilson@crosbyscholars.org

@CrosbyScholars

www.crosbyscholars.org

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Smart Money Moves

October 2021

What is the Crosby Scholars Finish the FAFSA Agreement? Parents, if you have logged into your Crosby Scholars Student Portal recently, you may have noticed a new pop-up box asking you to provide your consent for the Crosby Scholars Finish the FAFSA Agreement.

What is Crosby Scholars Finish the FAFSA Agreement and why is it important?

Crosby Scholars Finish the FAFSA Agreement allows Crosby Scholars Financial Aid Coordinator to provide support to students and families who need help submitting the Free Application for Federal Student Aid, or FAFSA, during their senior year in high school. The Finish the FAFSA Agreement DOES NOT disclose any personal financial information. The Finish the FAFSA Agreement does not disclose any information on family or student income, citizenship information, social security numbers or any other personally identifiable information. The Finish the FAFSA Agreement data is not used for any purpose other than to offer students assistance with FAFSA completion. The Finish the FAFSA data will not be used to identify your student in any way.

Crosby Scholars Financial Aid Coordinator will only be able to confirm if your student has submitted and signed their FAFSA form, or if they have been selected for an additional FAFSA screening process called Verification. Crosby Scholars Financial Aid Coordinator will then contact your or your student to offer assistance with completion.

Submitting a FAFSA is a critical step toward creating a financial plan for college. The Finish the FAFSA Agreement allows Crosby Scholars Financial Aid Coordinator to provide one-on-one professional Financial Aid support to your family. Let us help you create your plan to pay for college by answering 'Yes' to the Finish the FAFSA Agreement inside your Crosby Scholars Parent Portal today.

Please contact Ashly Wilson at 336-725-5371 or awilson@crosbyscholars.org with any questions.

awilson@crosbyscholars.org

www.crosbyscholars.org

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Smart Money Moves

October 2021

The FAFSA is now OPEN! Apply TODAY! The Free Application for Federal Student Aid, or FAFSA, is a form Colleges and Universities use to determine your eligibility for federal, state, and college-sponsored financial aid, including state grants, federal student loans, and work-study programs. The only way to know if you are eligible to receive state and federal financial aid funds is to submit a 2022-23 FAFSA.

The earlier you submit your FAFSA, the better chance you will have at securing the maximum amount of federal and institutional financial aid for college. Don't wait, get your FSA ID and get started on your 2022-23 FAFSA today!

awilson@crosbyscholars.org

@CrosbyScholars

www.crosbyscholars.org

Stay Connected!


Smart Money Moves

October 2021

Who Needs a Federal Student Aid (FSA) ID? In order to fill out and submit the Free Application for Federal Student Aid (FAFSA®), you now need an FSA ID, made up of a username and password that you create. Although the FAFSA is considered your application, one of your parents will have to provide some information on the FAFSA and sign it, if you are considered a dependent student. Any parent, who wants to electronically sign the FAFSA, will need his or her own FSA ID. To avoid problems with your financial aid down the road, you (and your parent, if that applies) should create your own FSA ID. Don’t let anyone—not your teacher, your financial aid counselor, your mom or dad, your best friend, or your second and third cousins—create your FSA ID for you. And you should not create one for your parent or anyone else.

awilson@crosbyscholars.org

www.crosbyscholars.org

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Smart Money Moves

October 2021

How To Get Started: Creating your FSA ID

What’s an FSA ID? The FSA ID is a username and password you use to log in to certain U.S. Department of Education websites, including fafsa.gov, StudentAid.gov, and StudentLoans.gov.

The FSA ID is your legal signature and shouldn’t be created or used by anyone other than you—not even your parent, your child, a school official, or a loan company representative. You’ll use your FSA ID every year you fill out a Free Application for Federal Student Aid (FAFSA® ) form and for the lifetime of your federal student loans.

How do I get an FSA ID? Visit fsaid.ed.gov to create an FSA ID. You’ll need your Social Security number, full name, and date of birth. You’ll also need to create a memorable username and password, and provide answers to some challenge questions so you can retrieve your account information if you forget it. We strongly recommend that you provide a mobile phone number and email address when you make your FSA ID. Providing a mobile phone number and/or email address that you have access to will make it easier to unlock your account, retrieve your forgotten username, or reset your forgotten password.

awilson@crosbyscholars.org

www.crosbyscholars.

org @CrosbySchola

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Smart Money Moves

October 2021

CFNC Virtual FAFSA Help Opportunities College Foundation of North Carolina (CFNC) offers several opportunities throughout the month of October for families to receive help submitting the Free Application for Federal Student Aid (FAFSA). If you have a question about the FAFSA, or would like advice, please attend one of the below FREE Virtual sessions.

Live Virtual Events: Financial Aid 101

See how financial aid works – from the FAFSA to your first day on campus! With this overview, you’ll know what to expect each step of the way. You’ll know what to do if your household situation changed during 2020 or afterwards, and how to read the award letter from your institution. Financial aid administrators will be on hand for live chat and resources will be offered specific to your questions.

Tuesday, 10/12/21 from 6:00 PM - 7:00 PM - REGISTER Wednesday, 10/13/21 from 10:00 AM - 11:00 AM - REGISTER

FAFSA & RDS

Do you need assistance with the Free Application for Federal Student Aid (FAFSA) and North Carolina’s Residency Determination Service (RDS)? Find out what you need to complete both. This session offers basic information and handouts. Financial aid administrators will be on hand for live chat and resources will be offered specific to your questions. A Spanish Services Representative to answer questions in Spanish at both sessions. Thursday, 10/14/21 from 6:00 PM - 7:00 PM - REGISTER Friday, 10/15/21 from 10:00 AM - 11:00 AM - REGISTER

awilson@crosbyscholars.org

@CrosbyScholars

www.crosbyscholars.org

Stay Connected!


Smart Money Moves

October 2021

CFNC FAFSA Drive-In Event FAFSA Day: Saturday, October 23, 2021 10:00am - 2:00pm Forsyth Tech Main Campus

North Carolina’s Drive-In FAFSA Day aims to provide support for c ompleting your FAFSA. Any student who needs FAFSA assistance is welcome! Bring a charged laptop OR mobile device to work on your FAFSA application. Using a mobile device? Download the myStudentAid app (Apple or Android). Consider making your FSA ID in advance so you can log in quickly. See below. You can also create the FSA ID on the spot that day.

awilson@crosbyscholars.org

www.crosbyscholars.org

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Smart Money Moves

October 2021

Crosby Scholars Upcoming Learning Opportunities & Events Oct 12: FAFSA Awareness Email Series Oct 19: FAFSA Awareness Email Series Oct 26: FAFSA Awareness Email Series Webinar: Nov 6: Researching Scholarship Opportunities for Seniors (Signup in the Crosby Scholars Student Portal coming soon.) In Person: Nov 11: FAFSA & RDS Labs: Receive one-on-one help with FAFSA or RDS forms (Signup in the Crosby Scholars Student Portal coming soon.)

Need help? Schedule an individual virtual meeting to discuss any questions or concerns Contact Ashly Wilson at awilson@crosbyscholars.org or 336-582-0015

awilson@crosbyscholars.org

www.crosbyscholars.org

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Smart Money Moves

October 2021

Crosby

Scholars is

Here for

YOU!

Welcome to the 2021-22 School Year, Crosby Scholar! OUR MISSION We will assist public middle and high school students in Forsyth

WE ARE HYBRID THIS YEAR!

County in preparing themselves for successful college enrollment.

We will have both virtual and inperson options for completing Crosby Scholars Requirements (like

OUR VISION

submitting the FAFSA) this year to

To ensure that every public school

meet the needs and preferences of

student in Forsyth County has the

all of our students!

opportunity to attend college.

awilson@crosbyscholars.org

@CrosbyScholars

www.crosbyscholars.org

Stay Connected!


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