FAFSA 101: Understanding & Filing the FAFSA Revised 9/2013 Understanding the FAFSA FAFSA Filing FAFSA 101 Corrections Special Circumstances Next Steps FAFSA 201 Filing a Renewal FAFSA FAFSA 301

Agenda Financial Aid OverviewIntro to the FAFSAPreparing to File the FAFSAFiling the FAFSANext Steps: After the FAFSA

Money: Financial Aid Hierarchy Low/NoLow High Private LoansPLUS LoansUnsubsidized Stafford LoansSubsidized Stafford LoansPerkins LoansSelf-Help Aid: Work StudyGift Aid: Scholarships COST AVAILABILITY Gift Aid: Grants *Need-based *Available to everyone *On financial aid award letter Participate in recorded workshops *Paying for College *Student Loans 101: Know Before You Borrow

Financial Aid Overview Paying for College Family Financing =

Agenda Financial Aid OverviewIntro to the FAFSAPreparing to File the FAFSAFiling the FAFSANext Steps: After the FAFSA

Intro to the FAFSA Free Application for Federal Student Aid (FAFSA) Expected Family Contribution (EFC) What kind of aid can you receive? How much aid can you receive? Free FAFSA support through site Free FAFSA support through College Goal Sunday

Agenda Financial Aid OverviewIntro to the FAFSAPreparing to File the FAFSAFiling the FAFSANext Steps: After the FAFSA

Preparing to File the FAFSA

Apply for a PIN FAFSA year 1FAFSA year 2FAFSA year 3FAFSA year 4

pin.ed.gov

Apply for a PIN What you’ll need:  Social Security Number  Full name  Date of birth  Mailing address  address  Challenge question answer PIN site options

Apply for a PIN BEST CHALLENGE QUESTIONSCHALLENGE QUESTIONS TO AVOID 1.What is the name of the hospital where you were born? 2.What city were you born in? 3.What brand was your first car? 4.What is your mother’s maiden name? 1.What was the name of your elementary school? 2.What is your favorite pastime? 3.What is the location of your dream vacation? 4.What is your favorite TV show? 5.What is your favorite color?

Apply for a PIN Things you should know:  You must have a Social Security Number  PINs are usually available to use immediately  Make sure the information is correct  You may need help  Chat through fafsa.gov  Call FED-AID PIN site options

Preparing to File the FAFSA

Gather Documents √ √ Income records: most current tax return, or W-2’s or paystubs √ √ Bank statements √ √ Child support statements √ √ TANF or welfare information √ √ Family business information √ √ Real estate, stock or bond investment records you may have √ √ Any untaxed income records √ if you have one Social Security Card, Green Card or Permanent Resident Card optional Driver’s license

Preparing to File the FAFSA

Agenda Financial Aid OverviewIntro to the FAFSAPreparing to File the FAFSAFiling the FAFSANext Steps: After the FAFSA

FAFSA Roadmap YES, to ANY one question NO, to ALL questions. FAFSA START Student Legal Name SSN Date of Birth FAFSA START Student Legal Name SSN Date of Birth RENEW MAKE CORRECTIONS STUDENT INFORMATION NEW HIGH SCHOOL COLLEGES List up to 10 colleges COLLEGES List up to 10 colleges DEPENDENCY STATUS Born before Jan. 1, 1990 Married Working on Masters or Doctorate Degree Have children that you financially support Veteran or Currently serving in the US Armed Services Since the age of 13, both parents were deceased, you were/are in foster care or ward of the court Emancipated Minor Have a legal Guardian On or after July 1, 2012, were homeless or at risk of being homeless DEPENDENCY STATUS Born before Jan. 1, 1990 Married Working on Masters or Doctorate Degree Have children that you financially support Veteran or Currently serving in the US Armed Services Since the age of 13, both parents were deceased, you were/are in foster care or ward of the court Emancipated Minor Have a legal Guardian On or after July 1, 2012, were homeless or at risk of being homeless PARENT(S) FINANCIAL INFORMATION PARENT DEMOGRAPHIC INFO: Father or Mother Married/ Remarried BOTH PARENTS DEMOGRAPHIC INFO Father/Step-father Mother/Step-mother BOTH PARENTS DEMOGRAPHIC INFO Father/Step-father Mother/Step-mother PARENT INFORMATION Divorced, Separated, Widowed SIGNATURE Student PIN &Parent PIN SIGNATURE Student PIN &Parent PIN STUDENT FINANCIAL INFORMATION SIGNATURE Student PIN SIGNATURE Student PIN

Login Page

FAFSA Support

My FAFSA Welcome Page

My FAFSA Welcome: Previous Years

Password Page

Login v. Password v. PIN FAFSA year 1FAFSA year 2 FAFSA year 3 Login Password 1Password 2Password 3

Introduction Page

Student Demographics

Eligibility for Financial Aid Participate in *Scholarship Strategies *Paying for College workshop

High School Information

School Selection

Adding Colleges

College Housing Plans

Dependency Status

Dependency Status Continued Participate in *FAFSA 201: Corrections, Special Circumstances & Next Steps

Dependency Status Results

Parent Information IF YOUR PARENT(S) ARETHEN ENTER INFORMATION FOR MARRIEDBOTH PARENTS REMARRIEDTHE PARENT (AND STEP PARENT) YOU LIVE WITH MOST SINGLE OR WIDOWEDTHE SINGLE OR SURVIVING PARENT DIVORCED OR SEPARATEDTHE PARENT YOU LIVE WITH MOST UNMARRIED, BUT LIVING TOGETHER BOTH PARENTS, REGARDLESS OF MARITAL STATUS SAME SEXFOLLOW ABOVE GUIDELINES

Parent Demographics

Financial Information Will fileThe amounts entered will be estimates Already completedThe amounts entered will be final Will not fileThe amounts entered may have to be verified through other documentation

Tax Information

Federal Means Test

Additional Financial Information

Untaxed Income

Parent Assets AssetsCash, savings, checking accounts InvestmentsReal estate, trust funds, stocks, CD, special minor accounts, money market funds, securities, commodities, college savings plans (529 college savings/prepaid tuition plans), mutual funds, bonds, etc

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In Case of An Error

Student Financial Information

Sign & Submit 1 2 3

Confirmation Page

Agenda Financial Aid OverviewIntro to the FAFSAPreparing to File the FAFSAFiling the FAFSANext Steps: After the FAFSA

What Happens to your FAFSA Info

Complete the FAFSA Process COMPLETE FAFSA PROCESS  Check often  Review SAR  File your taxes early!  Complete Verification and/or Special Circumstance documentation *Participate in FAFSA 201: Corrections, Special Circumstances & Next Steps workshop

Next Steps Participate in workshops: *Understanding and Comparing Financial Aid Packages *Student Loans 101: Know Before You Borrow

Resources  For help filing the FAFSA  College Goal Sunday: collegegoalsundaywa.org  Chat: fafsa.gov  Phone: FED-AID   For help/questions about Verification, special circumstances, or your Financial Aid Award Letter  Financial Aid Office at your selected schools  For additional information  Participate in other USA Funds workshops at usafunds.webex.com

A nonprofit corporation, USA Funds ® works to enhance postsecondary education preparedness, access and success by providing and supporting financial and other valued services.