
OSAP Application for Full Time Student 2022-2025 free printable template
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Hello I'm Jennifer junior editor at go banking rates calm today we're talking about the Free Application for Federal Student Aid also known as the FAFSA is available to part-time and full-time students the types of financial aid available through the FAFSA is a Well Grant state grant Perkins loan Stafford loan and the federal work-study program financial aid is awarded on a first-come first-served basis often states have their own priorities deadlines for example California's state deadline is on March 2nd if you miss the state deadline don't worry the federal deadline isn't until June 30th, so you do still have time to submit your application there are three options to submit the FAFSA the first is to go to www.dvc.edu/financialaid document when completing the FAFSA online make sure you're on the FAFSA website not a third party website third party websites often charge a fee in order to complete the application on their site again this application is a free application for federal student aid before filling out a FAFSA you'll need to have a few documents on hand the first is your social security card if you don't have your social security on hand then make sure you've memorized the number by heart seconds is a driver's license if you have one you'll also need your w-2 form and your most current federal income tax return also any bank statements and investment records will be helpful when filling out the FAFSA filling out a FAFSA is pretty straightforward but here are some questions that some students have the FAFSA will ask you to list all assets to be used on educational expenses equity on stocks bonds college savings accounts like a 529 businesses farms and a second home and all considered assets what's not considered an asset is your primary home as retirement accounts like a 401k typically yes work-study earnings are taxable for federal and state taxes however if you work part-time and are enrolled in school full-time you may be exempt from the FICA tax which is funds allocated to Social Security and to Medicare ideally you shouldn't wait to file your FAFSA financial aid is awarded on a first-come first-served basis and there is an option when filling out the form to state that you have not filed your taxes but intent to file by choosing this option you'll be able to still submit your application on time by the priority deadline and get the maximum Awards available to you then once you have filed you can go back into your FAFSA application and make the corrections the government requires that you list your assets and your parents assets when filling out the FAFSA form in order to claim yourself as an independent and avoid listing your parents assets on the form you have to meet certain qualifications you may file the FAFSA as an independent if you are 24 years old or older an orphan ward of the court or were a ward of the court until 18 years old if you are an emancipated minor or an unaccompanied youth at risk for homelessness on or after...
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