FAFSA Workshop: How to Complete the Free Application for Federal Student Aid
THE BASICS You or your parents can save enough to cover all college expenses
You can work to pay for all expenses while in college You or your parents can take out loans
Common Terms •
Adjusted Gross Income (AGI)
•
Federal Pell Grant
•
Award Letter
•
Financial Aid Office
•
Dependency Status
•
Financial Aid Package
•
Dependent Student
•
Graduation Rate
•
Expected Family Contribution (EFC)
•
Promissory Note
•
Satisfactory Academic Progress
•
Room and Board
THE FREE APPLICATION FOR
FEDERAL STUDENT AID (FAFSA) IS THE FIRST STEP IN THE FINANCIAL AID PROCESS. YOU USE THE FAFSA TO APPLY FOR FEDERAL STUDENT AID SUCH AS GRANTS, LOANS, AND WORK STUDY.
Types of Financial Aid Scholarships Need-based Academic (merit) Interest(sports, employee, career Grants Need-based Federal Pell Grant
Academic (merit)
Work-study parttime employment subsidized by the Federal government
Loans Student Parent
Completing the FAFSA You will need:
Your SSN and your parents’SSN Your parents tax return information from last year, W-2 forms and your own if you worked. Your federal student aid PIN and your parents PIN, if completing online.*
The Free Application for Federal Student Aid (FAFSA) is the last step in the financial aid process. (T/F) Name the four types of federal student aid. Name at least two pieces of information you will need to complete your FAFSA.
Review
fafsa.ed.gov
Get Started
Federal Student Aid PIN
Create your own pin number.
Password
Student Information
Student Demographics
Males & Selective Service If you are a male (age 18-25) and not registered with Selective Service, select Register Me and Selective Service will register you.
What is Selective Service? “If you are a man ages 18 through 25 and living in the U.S., then you must register with Selective Service. It’s the law. According to law, a man must register with Selective Service within 30 days of his 18th birthday. Selective Service will accept late registrations but not after a man has reached age 26. You may be denied benefits or a job if you have not registered.”
– Selective Service System, 2014 Source: Selective Service System (2014) Retrieved from http://www.sss.gov
Student Eligibility
Student Eligibility
School Selection
School Selection
School Selection
School Information
What is the maximum number of schools can you add to your FAFSA? What is the Selective Service? You don’t need a pin number to complete the FAFSA? (T/F)
Review
Dependency Status
Dependency Status – Parental Information
Dependency Status – Special Circumstances
Dependency Status – Special Circumstances
Will skip parent financial information and directly to student tax information.
Dependency Status
Parent Demographics
If you do not have your parent’s information you will not be able to complete the FASFA online? (T/F) Who is considered a “parent”? Do need your parent’s social security number to complete the FASFA?
Review
Financial Information
Financial Information
Financial Information
Financial Information
Financial Information
Financial Information
Financial Information
Why are they asking about my “parents?” They don’t have any money. If my parents have not completed their taxes this year, I can not complete my FAFSA? (T/F) What is adjusted gross income?
Review
Sign & Submit
Sign & Signature
Sign & Signature
Paper Signature Page
Confirmation page
Making changes after submitted
REAPPLY FOR AID Federal law requires that you reapply for need-based financial aid EACH YEAR! Applications are generally available in early December Most schools will tell you of your financial aid eligibility when you are offered admission If you don't qualify for aid in the first year, apply again in the second year! If your circumstances change mid-way through an academic year, most institutions are willing to meet some or all of your newly demonstrated need
fafsa.ed.gov
Keeping your Federal Student Aid • Complete the FAFSA every year • Satisfactory Academic Progress • Minimum Class load Requirements
• Criminal Convictions
Where can I receive more information on student aid? • You can also visit the web site
StudentAid.gov. • For information by phone you can call our
Federal Student Aid Information Center at 1800-4-FED-AID (1-800-433-3243).
Questions Regina J Knox, MPH, CHES Executive Director, West Central Alabama AHEC reknox@whatleyhealth.org Alicia M Logan, MS Coordinator, West Central Alabama AHEC Alogan@whatleyhealth.org Office: (205)
614-6211 www.wcaahec.org