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Completing FAFSA: What you need to know Susan McCracken Senior Director, Financial Aid Programs The College BoardQuestions during today's session Please feel free to submit questions, though we will

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How to fill out Completing FAFSA:

1. Gather all necessary documents: Before starting the FAFSA application, make sure you have all the required documents, such as social security number, driver's license, tax returns, W-2 forms, and any other relevant financial information.
2. Create an FSA ID: Visit the Federal Student Aid website and create an FSA ID, which will serve as your electronic signature throughout the FAFSA process. Each student and one parent (if applicable) will need their own FSA ID.
3. Start the application: Begin the FAFSA application by visiting the official website, fafsa.ed.gov. Follow the prompts and provide accurate information regarding your personal details, financial situation, and college choices. Take your time to ensure accuracy.
4. Dependency status: The application will determine if you are a dependent or independent student. Answer the questions based on your circumstances. If you are unsure, there are guidelines provided to help you determine your dependency status.
5. Parental information: If you are considered a dependent student, you will need to provide information about your parents' income, assets, and household size. Make sure to have their tax returns and financial information readily available.
6. School selection: List the colleges or universities you are considering attending. You can enter up to ten schools on the FAFSA. Ensure that you enter the correct school codes and double-check for accuracy.
7. Review and submit: Before submitting the FAFSA, carefully review all the information you have provided. Make any necessary edits or corrections. Once satisfied with the accuracy, sign and submit the application. Remember to save a copy for your records.

Who needs to complete FAFSA:

1. High school seniors: Most graduating high school students planning to attend college or university will need to complete the FAFSA to determine their eligibility for financial aid, grants, scholarships, and federal student loans.
2. College students: FAFSA must be completed each year as a college student to determine eligibility for financial aid. This includes undergraduate, graduate, and professional students.
3. Non-traditional students: Even if you are not a recent high school graduate, but plan to attend college, you may still need to complete the FAFSA. This applies to adult learners, individuals changing careers, or returning to school after a break.
4. Parents: If you have dependent children who are attending college, you may need to complete the FAFSA on their behalf, providing your financial information as required.

Completing the FAFSA is essential for students and their families to assess their financial aid options and make informed decisions regarding higher education. It is a crucial step in the college application process and should be completed accurately and on time.

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What is completing fafsa?

Completing FAFSA stands for Free Application for Federal Student Aid, which is a form that students must fill out in order to be eligible for financial aid for college.

Who is required to file completing fafsa?

Any student who is applying for financial aid for college is required to file completing FAFSA.

How to fill out completing fafsa?

To fill out completing FAFSA, students need to gather their financial information, personal information, and their parents' financial information. The form can be filled out online on the FAFSA website.

What is the purpose of completing fafsa?

The purpose of completing FAFSA is to determine a student's eligibility for federal financial aid, including grants, loans, and work-study programs.

What information must be reported on completing fafsa?

Information such as income, assets, household size, and number of dependents must be reported on completing FAFSA.