Acronyms
What does FAFSA stand for?
•Free Application for Federal Student Aid
•What is FPS and what system is it replacing?
•Federal Processing System (FPS) - Replaces Central Processing System (CPS)
What is a U- Visa in CA Dream Act Applications
•A U visa is for Victims of Criminal Activity who are also eligible to file a CA Dream Act application.
•My parents will not sign my FAFSA, instead of grants can I just get unsubsidized loans?
The student will be ineligible for Federal Student Aid: You did not agree to the terms on this page. The student will not be eligible for federal student aid, including grants and loans, if you don't agree to the terms.
Who is considered an eligible non-citizen on a FAFSA
A U.S. permanent resident or lawful permanent resident with an Alien Registration Card or a Resident Alien Card or an Alien Registration Receipt Card
A citizen of the Freely Associated States (the Federated states of Micronesia, the Republics of Palau and the Marshall Islands)
A refugee, an asylum granted, a parolee, or a Cuban-Haitian entrant with an Arrive Departure Record (I-94) from the Immigration and Naturalization Service (INS)
•What does Pell stand for in Pell grant and what was it originally called?
•Basic Educational Opportunity Grant that was renamed in 1980 in honor of Democratic Senator U.S. Claiborne Pell of Rhode Island. It is considered the foundation of a student's financial aid package.
What is FSS and what does it replace?
•FSS is FAFSA Submission Summary which replaces the Student Aid Report (SAR)
•Who can complete a CA Dream Act application
•Anyone without a SSN and without DACA, TPS Status, U Visa, and anyone with AB 540 status
•What happens if a person cannot establish 2 step verification authentication?
You get a Backup Code.
Your backup code is a special code that lets you access your account in the event that cannot use any other two-step verification method.
•What is big change for middle income and high-income families?
•Less aid for middle-income and high-income families
Shift in focus away from cash flow to a slightly greater emphasis on wealth
•What does SAI stand for
•Student Aid Index (SAI)
•What is the new name for parent for financial reasons on the new FAFSA?
•Contributor replaces parent
•What is AB 540 status and how do I get it?
•1. Three (3) or more years of full-time attendance or attainment of equivalent credits earned in California from the following schools (or any combination thereof):
•A. High School *
B. Adult School *
C. Community College (credit or non-credit courses) ** or
•2. Three (3) or more years of full-time high school coursework and attended a combination of elementary, middle and/or high school in California for a combined total of three (3) or more years.
•What are required Proof of Identity documents to verify identification without a SSN
One of the following forms of ID
Driver's License
State or City Identification card
Foreign Passport
•What are 2 key changes for single parents?
SAI calculation will take into account:
•Dependent students of a single parent
•Independent students who are single parents
What does SAI replace?
Expected Family Contribution (EFC)
•What is PII
•Personally identifiable information
•What major event happened that created Financial Aid
•The Russians reached outer space before the USA and thus President Lyndon B Johnson established the Higher Education Act of 1965 and made United States Government as the primary provider of financial aid for students so that the USA could become competitive with Russia.
•What is replacing the Pell Chart
•Enrollment Intensity chart
•Which contributor (Parent) must fill out my FAFSA now?
•The parent who provides more financial support to the student, not the parent that the student lived with the most
•What does FADDX stand for and what does it do
•FUTURE Act Direct Data Exchange that replaces the IRS Data Retrieval Tool (DRT) by automatically linking your taxes to your FAFSA once you provide consent
•What does TPS stand for in CA Dream Act Applications
•Temporary Protected Status for migrants from countries with unsafe. They are eligible to file a CA Dream Act application.
•What happened in 1965 that is a major milestone for Financial Aid
•Congress passed The Higher Education Act, creating Basic Educational Opportunity Grants for low-income students. The grants were later renamed Pell Grants, in honor of Sen. Claiborne Pell of Rhode Island, who helped create them.
•Who can submit a FAFSA
•U.S. Citizen or eligible non-citizen
•What is new PJ name for dependency override
•UNUSUAL CIRCUMSTANCES
•Conditions leading to changes to student’s dependency status (a.k.a. dependency override)