FAFSA Overview Financial Aid 101 Andrea Cross, Saint Joseph’s College October 10, 2008.

Slides:



Advertisements
Similar presentations
Financial Aid Preview Days Fall 
Advertisements

21 st CENTURY SCHOLARS SENIOR EXIT PRESENTATION 1.
What Happens Next? Financial Aid 101 Mila Tappan, FAME Outreach Representative October 10, 2008.
What You Need to Know About Financial Aid Remember It is NOT too late to apply for Financial Aid. Every student should apply… ….even students whose parent’s.
Louisiana’s First Choice for College Access Free Application for Federal Student Aid (FAFSA)
1 FAFSA Updates and Changes Prospective Changes for – Paper FAFSA – SAR – Student Web Applications – PIN and the PIN Website Other Noteworthy News.
New Aid Officer Training Susan A Smith Gainesville State College.
Applying for Federal Student Aid FAFSA Completion Resources FOTW: FINANCIAL AID TOOLKIT: COMPLETING.
1 Tips for College Bound Students The FAFSA. 2 FAFSA stands for Free Application for Federal Student Aid It’s the form that the federal government uses.
FAFSA Line by Line Tips and Reminders to Keep You From Getting Lines November, 2014.
FAFSA IRS DATA RETRIEVAL TOOL Have you been selected for verification?
National Association of Student Financial Aid Administrators © NASFAA 2010 What You Need to Know about Financial Aid.
Application Processing Update Michele Brown Director of Applicant Products and Customer Service Marilyn LeBlanc Director of Application Processing.
Financial Aid Workshop Class2014 Financial Aid 101.
National Association of Student Financial Aid Administrators Presents … © 2014 NASFAA Financial Aid Basics.
Financial Aid Preview Days Fall 
You may be eligible for aid, but.. You must apply to find out!  We can’t guarantee aid if you do apply, but we can guarantee you won’t receive aid if.
FINANCIAL AID BASICS. DEFINITION OF FINANCIAL AID Financial aid consists of funds provided to students and families to help pay for postsecondary educational.
Fran C. McKeown Higher Education Access Partner Fran C. McKeown Higher Education Access Partner
Financial Aid Presentation NCASFAA/ NCSEAA 1 Financial Aid for College.
Financial Aid Night Presenter Name Presenter Title Presentation Date.
Free Application for Federal Student Aid (FAFSA)
Financial Aid 101. SENIORS The time is NOW!! January 1 st is the first day to apply for financial aid for college or trade school Where to Find the FAFSA.
Completing the FAFSA Website: ‒ 16 FAFSA on the Web available on January 1, 2015 FAFSA on the Web Worksheet: Used as optional.
 What is goal of financial aid?  How do I apply?  How is financial need determined?  What aid is available?  What is the role of the financial aid.
Trailblazer Camp 2007 Your Financial Aid Parade Permit FAFSA.
Week 25: Mon + Tues. (Watch video before taking survey) *Check to take Survey!!!
Application Processing Update Michele Brown, Applicant Products and Customer Service Jody Sears, Application Processing Division U.S. Department of Education.
FAFSA Presentation Presented by Barb Harnish Financial Aid/Scholarship Coordinator & Jim Settles Director, Student Support Services.
Student Financial Aid Kent State University 103 Schwartz Center
  Understand how to complete the FAFSA  Know the required elements of student eligibility for federal student financial aid. Objective.
Michigan High School Counselor Videoconference Federal Update November 19, 2004 Judy Florian, Presenter.
Financial Aid Workshop
2 Session 115 What’s New with FAFSA on the Web, the PIN, and FAA Access Online?
NYSFAAA Counselor Workshop November 13, 2008 FAFSA and CSS PROFILE Updates for Advanced Counselors.
Applying for Federal Financial Aid Sponsored by: Presented by: Andrea Cross Saint Joseph’s College, ME.
National Association of Student Financial Aid Administrators © NASFAA 2010 What You Need to Know about Financial Aid.
Academic Excellence Ministry presents. What IS and IS NOT the FAFSA  The FREE Application for Federal Student Aid  It is NOT something you pay for 
 What is goal of financial aid?  How do I apply?  How is financial need determined?  What aid is available?  What is the role of the financial aid.
Financial Aid Profile Day Spring 
WELCOME TO NEW JERSEY’S FIRST COLLEGE GOAL SUNDAY! You can afford college!
National Association of Student Financial Aid Administrators © NASFAA 2008 What You Need to Know About Financial Aid.
Office of Student Financial Assistance. Agenda – The FAFSA and Beyond 2 How to file the FAFSA and get a PIN Tips for completing the FAFSA Student Aid.
Financial Aid Preview Days Fall 
NCASFAA 2015 Fall Pre-Conference New Aid Officers Training Workshop 1.
Creating and Using Your FSA ID: An Overview
Student Eligibility and The Application Process. BILL MACK.
Louisiana’s First Choice for College Access Free Application for Federal Student Aid (FAFSA)
National Association of Student Financial Aid Administrators What You Need to Know About Financial Aid © NASFAA 2008.
FAFSA Completion Free Application for Federal Student Aid (FAFSA) on the Web Preview.
Creating and Using Your FSA ID: An Overview
University of the Pacific
Creating and Using Your FSA ID: An Overview
Creating and Using Your FSA ID: An Overview
Creating and Using Your FSA ID: An Overview
The Application Process A NASFAA Authorized Event Presented by Stephanie Lawrence Director of Financial Aid Albany State University GASFAA Fall.
Creating and Using Your FSA ID: An Overview
FAFSA on the Web Preview Presentation
NOTE TO PRESENTER This presentation provides information on the FSA ID that can be used in outreach to students and parents. The presentation was created.
FAFSA on the Web Preview Presentation
FAFSA on the Web Preview Presentation
FAFSA-Apply Today! Presented by McDaniel College.
FAFSA on the Web for Effective January 1, 2009.
Financial Aid 101: Starting the Application Process
Creating and Using Your FSA ID: An Overview
Creating and Using Your FSA ID: An Overview
Creating and Using Your FSA ID: An Overview
How To Fill Out The FAFSA 101
Creating and Using Your FSA ID: An Overview
Presentation transcript:

FAFSA Overview Financial Aid 101 Andrea Cross, Saint Joseph’s College October 10, 2008

Agenda The FAFSA Forecaster The FAFSA – paper, web What’s new for The PIN Process The Student Aid Report Making Corrections FMI

The FAFSA Forecaster Tool for juniors and earlier Learn the EFC earlier Reports federal eligibility Can transfer information to actual FAFSA Cautions

What Has Changed? Colors – green for student, purple for parent Worksheet questions are incorporated into application Dependency questions have been expanded

More Changes Some data elements have been deleted, e.g., earned income credit, untaxed SSB, welfare benefits, additional child tax credit. Some data elements were added, e.g., questions re: TEACH, veterans benefits, and dislocated worker status.

Completing the FAFSA Financial Aid from the U.S. Department of Education FAFSA Instructions studentaid.ed.gov/students/publications/completing_fafsa/index.html Will be updated for soon.

FAFSA Draft for

Dependency Questions

Ways to File the FAFSA

The PIN Process You can apply for a PIN while completing a FAFSA on the Web application, or you can go to the Federal Student Aid PIN Web site at to apply.

The PIN Web Site

Confirmation of the Real- Time PIN Important Note A PIN that is selected or viewed instantly online or is sent to you in an e- mail is considered to be conditional until the information is verified with the Social Security Administration (1-3 days from the date you first apply). Can sign the FAFSA with it, but nothing else. Once verification is completed, applicant will be able to use the PIN for other purposes (such as correcting your SAR or accessing other Federal Student Aid Web sites).

Signature Options Using a PIN to sign the FAFSA electronically is by far the fastest and most reliable way. However, you can print, sign and mail in a signature page, or provide signature(s) on the paper Student Aid Report (SAR).

The Student Aid Report If you provided an address, your Student Aid Report will be sent electronically. Otherwise, you will receive a paper copy. Please review the SAR carefully.

SAR Redesign Front page simplified by creating two main sections –Application Status –Federal Student Aid Eligibility Students informed if they have been selected for verification

Student Aid Report – Draft

SAR Checklist

Corrections

Making Corrections

Review the Student Aid Report Make corrections Update from completed tax returns Be sure both parent and student sign the submission – either by PIN or paper

For more information.... Counselors & Mentors Handbook on Federal Student Aid - Included in your participant binder

FMI: Federal Student Aid on the Web

FMI: FAME

College Goal Sunday

Questions?