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Defining the fafsa

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.

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Defining the fafsa

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  1. Defining the fafsa FreeApplication for FederalStudentAid

  2. 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!

  3. FREE www.FAFSA.ed.gov

  4. APPLICATION • Filling out the FAFSA is an APPLICATION PROCESS. WWW.FAFSA.ED.GOV • COA-Cost of Attendance • EFC-Expected Family Contribution • Financial Need

  5. Financial 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. $22,964 (COA) - $7,000 (EFC) $15,964 (Need)

  6. 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.

  7. 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 school YOU MUST FILE A FAFSA TO RECEIVE ANY OF THESE TYPES OF AID REMEMBER YOU HAVE TO SUBMIT A FAFSA EVERY YEAR YOU ARE IN SCHOOL!!! WWW.FAFSA.ED.GOV

  8. STUDENT AID REPORT

  9. DEADLINES January 1 – April 1 The FAFSA is available from January 1st through April 1st. The state starts dividing up the money after April 1st. March 1 MIZZOU, 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. TAXES If 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.

  10. 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)

  11. PIN NUMBER WWW.PIN.ED.GOV

  12. FAQ’s • Am I independent? • Who can register? • I don’t live with my parents. Do I need their information?

  13. FAFSA DEPENDENCY

  14. FAFSA ELIGIBILITY

  15. RESOURCES WWW.FAFSA.ED.GOV WWW.PIN.ED.GOV WWW.STUDENTAID.ED.GOV https://fafsa.ed.gov/es_ES/ http://studentaid.ed.gov/es Follow FAFSA on Twitter @FAFSA

  16. 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

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