Financial Aid Process 2019-2020 Amy Gooden Muskingum University

Process Timeline Apply for Admission Complete 2019-2020 FAFSA on or after October 1, 2018 www.fafsa.gov Apply for local scholarships Receive Financial Aid Award Compare Financial Aid Packages Choose financing options

What is the FAFSA? Primary application for financial aid Determines eligibility for: Pell Grant Ohio College Opportunity Grant SEOG Institutional Grants Direct Loan May need FAFSA information for local scholarships The financial aid office will determine your eligibility and list it on your Financial Aid Award

State Aid Resources https://www.ohiohighered.org/sgs Ohio College Opportunity Grant Ohio War Orphans/Safety Officers Ohio National Guard NEALP and STEM

FAFSA App Google Play or Apple App Store: myStudentAid www.fafsa.gov

FAFSA online www.fafsa.gov Student and Parent will need an FSA ID (www.fsaid.gov) Student and Parent must use a different email address What information do you put on the FAFSA? 2017 Federal Income Tax information Household information Who is considered a parent on the FAFSA? When is a student considered independent? Frequent errors on FAFSA Adjusted Gross Income/Wages Parent information in student section Retirement reported as asset Corrections to the FAFSA

Financial Aid Award Costs for the 2019-2020 academic year (if not available check school website or call Financial Aid Office) Scholarship, grant, work and loan eligibility Out-of-pocket cost Financing options: Private Loan PLUS Loan Payment Plan Verification and Special Considerations

FAFSA Filing Nights Muskingum University and Scholarship Central will be hosting FAFSA filing nights: October 3rd November 7th December 12th