Who doesn’t love this time of the year (NOT)…Well regardless of if we like it or not it has to be done. I know this is the time of the year when the most yelling occurs between me and my parents. Some of the questions my parents don’t even know half of the time. It can be very difficult if it is your first time and don’t have any help.
I claim that I am a dependent student meaning that my parents claim me and I have to provide all of there information. Also all of your information too. If it is your first time filling this out FASFA will ask you a series of questions to determine if your a dependent or independent student.
There is a few things you will need… your and/or your parents 2013 tax information. If you haven’t done them yet, that’s ok too! You can use the “income estimator” to help you speed up the process. You will also need to know what kind of taxes you file for (yes, there is more then two). Besides taxes your going to need your social security number and full name, how much is in your savings and checking, and same goes for your parents if they are doing this along with you.
When filling out FASFA if your applying to colleges for the first time ,and don’t know which you are going to yet you can list up to ten colleges to see how much aid you will get for each.
“If you are applying for a summer session, contact the financial aid office at your college to find out which school year you should select when you complete your FAFSA.” HUGE TIP, I did not know this and once I accidently chose the wrong time frame and it messed up my entire FASFA, so make sure you have every bit of information correct!
Last but not least make sure you have your STUDENT AID PIN handy for the end, you will need this to sign the document at the very end. If you do this every year this process is a lot easier for you, FASFA usually saves all the information and you only have to put in a few key things. If this is your first time or second time, I wish you luck through this long treacherous process.
But hey it’s money!