Username and password required to log in and sign FAFSA
What is the FSA ID?
Integral to the FAFSA process, replacing the Central Processing System (CPS)
What is FAFSA Processing System (FPS)?
Opening Dec 31st rather than Oct 1st
What is the FAFSA?
Replaces “room and board” as a component within a student’s Cost of Attendance (COA).
What is Food and Housing?
Replaces “Household Size”
What is Family Size?
Replaces FAA Access to CPS Online, allowing FAAs to correct records, view transactions, and verify identities.
What is the FAFSA Partner Portal (FPP) ?
replaces the Student Aid Report (SAR) as the student’s output document providing a summary of data input on the FAFSA form.
What is FAFSA Submission Summary?
Term used in lieu of Estimated Financial Assistance (EFA)
What is Other Financial Assistance (OFA)?
Replaces EFC
What is Student Aid Index?
SAIG mailbox for secure batch data exchange, including FAFSA data and FTI labeled as CUI//SP-TAX.
What is the FTI SAIG Mailbox ?
the new name for the SAR C flag
What is FPS C Flag?
These are need-based formula and non-need-based formula
What are Packaging Formulas?
Any individual required to provide consent and approval for tax information.
Who is a Contributor?
Securely stores and uses IRS-provided FTI for federal financial aid eligibility.
What is the Federal Tax Information Module (FTIM)?
Extenuating situations (such as the loss of a job) that impact a student’s financial condition.
What are Special Circumstances?
Student that indicates unusual circumstances or indicates for the first time that they are unaccompanied and homeless, or at risk of being homeless
Who is a Provisional Independent Student?
Replaces IRS Data Retrieval Tool for transferring FTI to the Department, aiding federal financial aid eligibility determination.
What is the FUTURE Act Direct Data Exchange (FA-DDX)?
Conditions that justify a financial aid administrator making an adjustment to a student’s dependency status.
What are Unusual Circumstances?