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FINANCIAL AID OVERVIEW1FAFSA PROCESS Students must complete a Free Application for Federal Student Aid (FAFSA) to apply for federal and some state aid www.fafsa.gov FAFSA application must be completed

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How to fill out FAFSA applying for aid:

1. Gather the necessary documents: Before starting the FAFSA application, make sure you have your Social Security number, driver's license, federal tax returns, W-2 forms, bank statements, and records of any untaxed income.
2. Create an FSA ID: Visit the Federal Student Aid website to create your FSA ID, which serves as your electronic signature for the FAFSA application.
3. Access the FAFSA website: Go to fafsa.ed.gov, and select the "Start a New FAFSA" option to begin the application process.
4. Fill out the personal information section: Provide your name, address, date of birth, citizenship status, dependency status, and other personal details as required.
5. Enter your school preferences: List the schools you are applying to or considering attending, as this will determine where your FAFSA information will be sent.
6. Answer the dependency status questions: Depending on your age, marital status, and other factors, you may need to provide additional information and documentation to determine your dependency status.
7. Provide financial information: Enter your and your parents' financial information, including income and taxes paid, as accurately as possible. Use the IRS Data Retrieval Tool (if eligible) to automatically transfer tax data to the FAFSA.
8. Review and submit the application: Carefully review the information you have provided and make any necessary corrections. Once reviewed, submit your FAFSA application electronically.
9. Follow up and make any corrections: After submitting, you may need to make corrections or updates to your FAFSA if there are any changes to your financial or personal information.
10. Check for verification requests: Some applicants will be selected for verification, which means you may need to submit additional documents to confirm the accuracy of the information provided on your FAFSA.
11. Monitor your financial aid offers: After submitting your FAFSA, stay in touch with the schools you applied to and monitor your student portal or email for updates on financial aid offers and next steps.

Who needs FAFSA applying for aid:

1. High school seniors: If you are a senior in high school and plan on attending college or other post-secondary education, you will likely need to fill out the FAFSA to apply for financial aid.
2. College students: Current college students must also complete the FAFSA each year to be considered for financial aid, including grants, scholarships, work-study programs, and federal student loans.
3. Graduate students: Graduate students pursuing advanced degrees may also need to fill out the FAFSA to access financial assistance options specific to graduate-level education.
4. Nontraditional students: Even if you are not a recent high school graduate, but plan on returning to school as an adult student, you should still complete the FAFSA if you require financial aid for your education.
5. Eligibility for federal aid: The FAFSA determines your eligibility for federal financial aid programs, including grants, scholarships, and loans. Therefore, anyone seeking financial assistance for education should consider filling out the FAFSA.

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What is fafsa applying for aid?

FAFSA stands for Free Application for Federal Student Aid. It is a form that students must fill out to apply for financial aid for college.

Who is required to file fafsa applying for aid?

Students who are seeking financial aid for college must file the FAFSA form.

How to fill out fafsa applying for aid?

To fill out the FAFSA form, students need to gather information about their income, family finances, and school choices. They can then complete the form online or on paper.

What is the purpose of fafsa applying for aid?

The purpose of the FAFSA form is to determine a student's eligibility for federal financial aid programs, such as grants, loans, and work-study opportunities.

What information must be reported on fafsa applying for aid?

Information that must be reported on the FAFSA form includes income, family size, number of family members in college, and assets.