You may be eligible for aid, but.. You must apply to find out! We can’t guarantee aid if you do apply, but we can guarantee you won’t receive aid if.

You may be eligible for aid, but . .

• You must apply to find out!

We can’t guarantee aid if you do apply, but we can guarantee you won’t receive aid if you don’t apply.

• FAFSA.ed.gov

• FAFSA.gov

Types of Financial Aid• Gift Assistance

• Scholarships• Grants

• Self-help• Loans• Employment

Eligibility for Aid• Based upon an analysis

of data provided on the Free Application for Federal Student Aid (FAFSA).

• Many institutions require additional information, such as the CSS Profile (http://profileonline.collegeboard.com).

Tips to Apply for Financial Aid

• Find out what forms are required at each

institution.• Meet institutions’ filing deadline/priority dates. • Apply as early as possible.• Use completed tax returns & the IRS Data

Retrieval Tool on the FAFSA (use estimated returns to meet deadlines).

• Link to the PA State Grant Form from the FAFSA

• Complete all questions on each form.

• Keep copies for your records.

How to Apply• Free Application for Federal Student Aid

(FAFSA)• Paper version (1-800-4-FEDAID)

• FAFSA.ed.gov or FAFSA.gov• FAFSA on the web

• FAFSA.ed.gov or FAFSA.gov • Renewal application

• Completed after the first-year.

Common FAFSA Errors• Student SSN, DOB or name.• Parent SSN, DOB or name.• Mother/Father earnings left blank.• Federal income tax not reported

correctly.• Untaxed income not reported correctly.• Number of people in parents household

or number of dependents in college.• Missing appropriate signature(s)/PINs.

Pin Registration Site• www.pin.ed.gov

• Requested information:• Name• Social Security

number• Date of Birth• Mailing address• Email address

Use of Pin

• Sign your FAFSA on the web electronically.• Review and correct answers on your

electronic Student Aid Report (SAR).• Print a copy of your SAR.• Electronically sign loan promissory notes.• Reapply for student aid every year you are

in school.• View information about federal loans and

grants you’ve received.

Needs Analysis Formula

• Family contribution is based on family size, number in college, income, and assets.

• Measures ability, not willingness to pay.

• Family’s financial circumstances are taken as they are at the time of application.

Financial Aid Award Example

Cost of Education - Family Contribution = Need $30,000 - $6,000 = $24,000

College Scholarship $12,500PA State Grant $ 3,500College Grant $ 3,300 Stafford Loan $ 3,500Work Study $ 1,150

Total $23,950

FAFSA4caster• Early estimate of

federal aid • Prepopulates FAFSA

- saves time• Calculates estimated

expected family contribution (EFC)

• http://Federal Student Aid.ed.gov

Net PriceCalculator

∙ Available on eachcollege’s website

Questions?

Jean StoneAssociate Director of Financial AidGettysburg [email protected]

Sandy PitzerStudent Services Specialist - Financial

AidHACC – Gettysburg [email protected], ext. 3030