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Defining the fafsa. F ree A pplication for F ederal S tudent A id. FREE. Beware of any websites asking for money, this is the FREE application for federal student aid. FAFSA.COM $80 FAFSA-APPLICATION.COM $90 There is also free help available on the official FAFSA website!. FREE. - PowerPoint PPT Presentation
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DEFINING THE FAFSA
Free Application for Federal Student Aid
FREEBeware of any websites asking for money,
this is the FREE application for federal student aid.
FAFSA.COM $80
FAFSA-APPLICATION.COM $90
There is also free help available on the official FAFSA website!
FREEwww.FAFSA.ed.gov
APPLICATION
Filling out the FAFSA is an APPLICATION PROCESS.
WWW.FAFSA.ED.GOV
COA-Cost of Attendance EFC-Expected Family Contribution
Financial Need
Financial Need $22,964 (COA)- $7,000 (EFC)
$15,964 (Need)
The government will give you an EFC based on your household income. Your EFC is how the school will decide what aid you are eligible for.
FEDERAL STUDENT AID
Grants – Pell Grant Need based awards that are free.
Loans – Federal Student Loans Federal student loans generally have a lower
interest rate than a private loan through a bank or credit union.
Federal Work Study A need based program offering jobs on campus.
Your payment can go straight to tuition or you can receive a check or direct deposit.
OTHER STUDENT AID
State Aid Missouri Access Grants-Need based from the state A+ Bright Flight- 31 or over on the ACT
Institutional Aid Scholarships and other money received from the schoolYOU MUST FILE A FAFSA TO RECEIVE ANY OF THESE
TYPES OF AIDREMEMBER YOU HAVE TO SUBMIT A FAFSA
EVERY YEAR YOU ARE IN SCHOOL!!!WWW.FAFSA.ED.GOV
STUDENT AID REPORT
DEADLINES
January 1 – April 1The FAFSA is available from January 1st
through April 1st. The state starts dividing up the money after April 1st.
March 1MIZZOU, MISSOURI STATE, SEMO, MISSOURI WESTERN, UMKC, UMSL, UCM, WILLIAM WOODS
Many universities have a deadline of March 1st. Be sure to check with the school you have applied to.
TAXESIf you cannot complete your taxes by these deadlines, you can file your FAFSA with an
estimation from your W2 or last year’s tax return, then correct your FAFSA after filing.
WHAT YOU NEED PIN Number – www.pin.ed.gov
Electronic signature used to file FAFSA and manage student aid.
Social Security or Permanent Resident Card SSN or Alien Registration Number
Tax Return – Student and Parent Recent Bank Statement Records of Investments and Untaxed Income
(If Applicable)
PIN NUMBERWWW.PIN.ED.GOV
FAQ’s
Am I independent?
Who can register?
I don’t live with my parents. Do I need their information?
FAFSA DEPENDENCY
FAFSA ELIGIBILITY
RESOURCES
WWW.FAFSA.ED.GOVWWW.PIN.ED.GOV
WWW.STUDENTAID.ED.GOVhttps://fafsa.ed.gov/es_ES/http://studentaid.ed.gov/es
Follow FAFSA on Twitter@FAFSA
UPCOMING EVENTS FAFSA FRENZY
Feb. 9th 2p.m.-4p.m. PARENT TEACHER CONFERENCES
Feb. 10th 2:30p.m.-6:30p.m. Feb. 13th 8a.m.-8p.m.
FAFSA COMPLETION NIGHT Feb. 25th 6p.m.-8p.m.
INDIVIDUAL FAFSA HELP By appointment with Mr. Minzes