Applying for Federal Financial Aid 2009-2010. Sponsored by: Presented by: Andrea Cross Saint Joseph’s College, ME.

Applying for Federal Financial Aid

2009-2010

Sponsored by:

Presented by:

Andrea CrossSaint Joseph’s College, ME

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Agenda

Review federal aid application process

Review federal application questions using the FAFSA on the Web worksheet

Q & A

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New for 2009-2010!

More questions to determine independent status No more worksheets! Changes to Veterans Benefits question Added – TEACH, dislocated worker, and parent email

address Timeframe for receiving assistance programs moved from

12 to 24 months Removed – Additional Child Tax Credit, Earned Income

Credit, Untaxed Social Security benefits, AFDC/TANF, foreign income exclusion & credit for federal tax on special fuels

529 Reporting Incomplete web application notification process

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Filing Options

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FAFSA on the Web’s Homepage

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Before Beginning a FAFSA

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The PIN Process

Both student and parent (if student is dependent) need PIN

Issued from the FOTW or PIN site

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PIN Web Site

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The PIN Process from FOTW

Can request FSA to generate a PIN that will display on the screen in real time, request that it be emailed in real-time, or have it sent via postal mail.

Includes a match of name, SSN, and date of birth. If the match is successful, the PIN becomes permanent. If the match is unsuccessful, the applicant is mailed a SAR for signatures and the PIN is disabled.

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FAFSA on the Web Worksheet

The questions within FAFSA on the Web are presented in a different order than the questions on the paper FAFSA.

The FAFSA on the Web Worksheet presents the questions in relatively the same order as they are presented within FAFSA on the Web.

Students wanting to pre-fill a paper form in preparation for submitting their application online should complete the FAFSA on the Web Worksheet rather than the paper FAFSA.

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The First Page of FAFSA on the Web

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The Dependency Questions: Page 1 of 3

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The Dependency Questions: Page 2 of 3Displayed only if ‘No’ was answered for all questions on the first dependency questions page.

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The Dependency Questions: Page 3 of 3Displayed only if ‘No’ was answered for all questions on the first two dependency question pages.

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Special Circumstances

FAFSA on the Web has been updated to allow dependent students that are unable to provide parental data to submit their application online

No EFC will be calculated and students will be advised of the consequences of submitting an application without parental data

Students will be advised to follow-up with the financial aid office at the college they plan to attend.

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Special Circumstances: Page 1 of 3Displayed only if student is dependent. Student can indicate that they will provide parental information or they can indicate they have a special circumstance.

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Special Circumstances: Page 2 of 3Displayed only if a dependent student indicated that they have a special circumstance on page 1.

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Special Circumstances: Page 3 of 3Displayed only if a dependent student indicates that they have a special circumstance on page 2. Students must now confirm that they understand their FAFSA will be submitted without calculating an EFC.

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As of today, are you a dislocated worker?

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Review of the FAFSA on the Web Worksheet

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Searching for College Codes

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ACG Data Screens

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Signature Process

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Signature Process – No PIN Provided

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Confirmation Page

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What happens next?

The applicant will have access to the Student Aid Report (SAR) once the data is processed.

The link to the SAR will be sent via email if an address was provided on the FOTW or a paper SAR will be sent by postal mail if no email address was included.

The SAR arrives within days if the FOTW was submitted. If a paper FAFSA is filed it will take considerably longer.

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The Student Aid Report

Review the report.

Changes can be made on line or by paper. If dependent, parent and student must “sign”.

Add/change schools if needed.

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Review the Student Aid Report

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Corrections on the Web

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Student List Changes In Corrections

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Application Status Check

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Refer to the actual forms when possible, e.g., the Social Security Card, the federal tax return or W2.

Recheck your responses before submitting your application.

Use estimates if tax returns are not completed, but remember to update the figures once the tax information is available.

If you need some assistance with the FAFSA, contact the Federal Student Aid Information Center at 800-433-3243.

Reminders for Your Participants

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Preparing For Your CGS Program

Completing the FAFSA” is a publication that you can download for more detail on the FAFSA questions. The 2008-2009 version is available right now – check back for the 2009-2010 piece. It is usually available at: http://www.studentaid.ed.gov

You can also practice using the FAFSA at the demonstration site that was available as of December 14, 2008

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The FAFSA on the Web Demo Site URL

– http://fafsademo.test.ed.gov User Name

– eddemo Password

– fafsatest Availability

– 2008-2009 FAFSA on the Web is available now

– 2009-2010 FAFSA on the Web will be available beginning December 14, 2008

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More Questions?

Marcia E. WestonDirector of OperationsCollege Goal Sunday

YMCA of the USA501 West Market Street, Greensboro, NC 27401

(336) 478-9628 (336) 854-8412 (fax)

[email protected]