Financial Aid / FAFSA
PAYING FOR YOUR POST SECONDARY EDUCATION IS POSSIBLE!
While it can be confusing and overwhelming to search for ways to pay for any type of college, there is financial support available to students and families looking to earn some sort of post secondary education. In fact, completing the FAFSA is important because its information is what colleges, more or less, use to base their financial offerings on. The financial aid packages offered by each school will differ from one another as each institution interprets a student and family's needs differently.
FREE APPLICATION TO FEDERAL STUDENT AID (FAFSA)
The FAFSA is a free online form for seniors and parents to complete that makes them eligible (potentially) to lessen the cost of college by offering financial aid to students. Amount of aid given is based on a families assets and income (need).
Some schools require the FAFSA for Admissions, so you should submit it even if you don't think you will qualify for any federal aid.
Because financial aid is first come, first serve, you should file your FAFSA as close to the October 1st opening date as possible.
Deadline is March 1, 2021
FOLLOW THESE SIMPLE STEPS TO COMPLETE THE FAFSA
1. Collect Necessary Documents
- Social Security Number(s)
- Full Name
- Date of Birth
- Personal Email Address or Mobile Phone Number (Each email or phone number can only be linked and used with ONE FSA ID)
2. Create a FSA ID.
- The FSA ID is a username and password. The FSA ID is your legal signature and should be exclusively used by you. You’ll use your FSA ID every year you fill out a FAFSA form and for the lifetime of your federal student loans.
- One of your parents might need an FSA ID as well. If you need to provide information about your parents on the FAFSA form, one of your parents will have to sign the form, using his/her own FSA ID.
- Not sure whether you’ll need to put your parents’ information on the FAFSA form? Check out information about dependency. Also, make sure to use the correct FSA ID when signing the FAFSA form electronically.
TERMS TO KNOW
Free Application for Federal Student Aid (FAFSA): To be eligible for federal aid, some institutional aid, and some scholarships, every student must submit the FAFSA
Expected Family Contribution (EFC): The FAFSA determines your EFC for post-secondary expenses (the minimum that the federal governments expects you to contribute to pay for your education).
Demonstrated Need or Financial Need (DN or FN): Your DN or FN is the difference between the cost of school and your EFC - your financial aid eligibility.
Cost of Attendance (COA): The COA varies from school to school. It includes tuition and fees, room and board, books and supplies, personal expenses and transportation.
Student Aid Report (SAR): After your FAFSA is processed, you will receive a SAR with FAFSA results.
Data Release Number (DRN): The DNR will be located on your SAR. It is your code to give to colleges to access your information electronically.
FOR MORE INFORMATION, CLICK ON THE FOLLOWING LINKS
- Pay a reduced rate at out-of state schools