George asks…
Sending FAFSA information to a new college?
I’m currently attending a community college in Kansas, but it’s not right for me, so I’m transferring to a community college in Mississippi for the spring semester (all online classes for my Associates).
I have five schools listed on my FAFSA, and I just went and added the college I’m planning on to it and saved it.
Do I have to get it processed again? Will my information be sent to that college upon my save or do I have to get it sent there somehow?
I just need all my information transferred to this new school.
Thanks!
Michelle answers:
Once you have added a school code that school will automatically receive your FAFSA, usually within 3 days.
Laura asks…
Can you still get money with the fafsa even if you got a full scholarship?
Im a junior in high school so I am just curious on the subject. Say I got a full scholarship to a certain college, can I still receive money from filling out the fafsa? Im just curious because I dont know if the fafsa is a grant or a scholarship. Thanks so much!
Michelle answers:
The FAFSA is the Free Application for Federal Student Aid–it is the application form for all types of federal student aid, including grants (money you don’t pay back), loans (money that you do pay back) and work-study funding (money that is paid as wages for a part time job, usually on campus).
Every college must have a Cost of Attendance budget. This budget includes the school’s direct charges, such as tuition and fees, but also average amounts for other educational expenses such as books, transportation and living expenses. If you receive more funding than is needed to pay the school’s direct charges, then the school will refund the difference back to you, usually in the form of a check or debit card. You can then use this money to pay for the indirect educational expenses in your COA budget. So, if you are lucky enough to receive a scholarship that covers all of the school’s direct charges, you can still receive federal grants and loans to help pay for the indirect costs.
There are some situations where this may not work. In some cases, scholarships are limited to the amount that a student needs for tuition and/or fees after all federal financial aid is taken into consideration. So, if you receive a Pell grant, that would be deducted first and your scholarship would only pay for what was left. Another situation involves student loans. A student may not borrow more than the Cost of Attendance at the school, so it’s possible that your loans would have to be reduced if you go over that limit when the loans are combined with the scholarship.
It is a good idea to complete the FAFSA even if you don’t think you will need it. “Full” scholarships sometimes only cover tuition, but often there are substantial costs (fees, books, insurance, room and board, etc) that are not covered. Your financial aid administrator will take all of this into account and adjust your aid if needed.
Sharon asks…
How do I change my Fafsa application to a different school?
I filled out my Fafsa application, but I put it in for the wrong school. Do I have to fill another application out or do I contact the school?
Michelle answers:
Just go change the school code.
Susan asks…
Is it too late to apply to fafsa for spring 2014?
Ok so I just graduated high school in 2013 and i wasn’t planning on going to college for a year because I wanted to take time off to work full time and save money. But now basically my whole life got switched around and I really want to try to go college sooner. I know it’s past the deadline, but I was wondering if its too late to sign up so I can start school in the spring (Janurary 21, 2014). Will it FAFSA accept it at such late notice? And if not when will I be able to apply to fafsa and go to college?
Michelle answers:
You still have time to fill out FAFSA
your school may be past the deadlines to process for Spring semester
you may or may not be too late for State fin aid application
check with fin aid office at your school
getting aid in place by Jan more likely to happen at a community college than a university
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