New Aid Officer Training Susan A Smith Gainesville State College

New Aid Officer Training FAFSA on the WEB – Renewal FAFSA on the WEB – Paper FAFSA – Students may call FEDAID or print a PDF from Types of FAFSA Applications 2 Application Processing

New Aid Officer Training From FAFSA to SAR/ISIR 3 Application Processing Paper FAFSA FAFSA on the Web FAA Access to CPS Online Central Processing System (CPS) FAFSA Processor SAR EFC ISIR EFC Database Matches Social Security DHS NSLDS Selective Service Veterans Affairs

New Aid Officer Training PIN-Personal Identification Number 4 A PIN is a 4-digit number that is used in combination with a student’s Social Security Number, name, and date of birth to grant the student or parent access to Federal Student Aid Web sites. – – Does not expire – Should not be shared – Both the student and parent must have a PIN Application Processing

New Aid Officer Training Applicants can use their PIN to : 5 Electronically sign a FAFSA on the WEB Correct their FAFSA using Correction on the WEB See their EFC and other student aid report information as soon as the FAFSA is processed Review their financial aid history in the National Student Loan Data System (NSLDS) Access direct loan information and tools Sign electronic promissory notes for direct loans Application Processing

New Aid Officer Training FAFSA Deadlines 6 FAFSA processing cycle lasts 18 months – For 1011: January 1, 2010 – June 30, 2011 FAFSA submission deadline for 1011: June 30, 2011 FAFSA Corrections must be received and accepted by the CPS before midnight on September 15, Note: The school must have the complete and correct information from a student by their last day of enrollment in the school year. Application Processing

New Aid Officer Training 7 Estimated tax information Students may submit a FAFSA with estimated income between January 1 st and April 15 th The FAFSA must be updated by the student when the tax return is filed on April 15 th A school should not disburse aid on estimated income

New Aid Officer Training 8 Fraud “If you purposely give false or misleading information, you may be fined $20,000, sent to prison, or both.”

New Aid Officer Training 9 Referral of Fraud Cases Office of Inspector General U.S. Department of Education 400 Maryland Avenue, SW Washington, DC MIS-USED Application Processing

New Aid Officer Training 10 Application Processing