FAFSA 1
What does FAFSA stand for?
Free application for Federal Student Aid?
Does it cost to complete your FASFA?
NO! IT'S FREE
The FASFA application can be completed in two ways. What are they?
Online and Paper application.
What is a job?
A specific task that is done as part of a routine of one's occupation for an agreed price.
Why is FAFSA important?
FAFSA determines your eligibility for student aid, including the Grants, loans, and work-study
Name two forms of costs when going to college
Tuition and fees, books and supplies, room and board, meal plans, transportation.
Transportation is something that students need to factor in when calculating college costs. What are some of those costs you have to consider?
Gas, parking fees, and regular vehicle maintenance.
Who can apply for FASFA?
Anyone
Do grants and scholarships need to be paid back when they are rewarded to you?
NO!
What makes a scholarship different than a grant?
Is awarded based on academic or other achievement!!
Name 2 types of loans you can take out
Federal Loans and Private loans
What is money that you have to pay back called?
A loan
What is work-study?
Federal money you can earn by taking a part-time job on campus.
What if I do not complete the FAFSA?
You do not get money for college! Colleges assume that you will be able to pay for college yourself.
How many credits does it take to be a full-time student per semester?
12 credits
Do Federal loans and Private loans need to be paid back after a set amount of time has passed?
YES!
What forms of information is need to complete your FASFA.
- Social Security number or A-number (if you’re an eligible noncitizen);
- Federal income tax returns, W-2s, and other records of money earned.
What happens AFTER you submit your FAFSA?
You will receive a Student Aid Report 2-5 days after.
When is the deadline to submit your 2024-2025 FASFA?
June 30, 2025
When does the 2024-2025 FASFA application become available?
December 31, 2023