Carol asks…
After my FAFSA application has been processed and all, is there anything more I need to do?
I’ve applied for my FAFSA about a month ago and got an email that I may be eligible for such and such, however, is there anything else that I need to do afte rmy FAFSA application has been processed and all? It’s already in the system and has been process. I’m starting back school in the FALL, anything else I need to do now?
Michelle answers:
Yes, you need to contact your school and find out what else they need from you.
Unless you have received an “Award Letter” from them, you still don’t have a financial aid offer yet. Most schools have already sent them out to those who did their FAFSAs back in Feb and March.
Nancy asks…
Can you apply for FAFSA if you start school in the spring semester instead of the fall? When is the deadline?
As far as I’m aware, when you start your application, they ask you which term you’re applying for and it says 2011-2012 or 2012-2013, but would they be referring to terms that start with the fall semester?
How do you go about applying for financial aid if you start school in the spring? And when is the window open to apply for FAFSA?
Michelle answers:
The 2012-2013 fafsa covers fall 2012, spring 2013 and summer 2013.
So if you mean you will attend in spring 2013 then you should do that one and really you should have done it Jan 1 to maximize your award. Http://www.fafsa.ed.gov/
http://studentaid.ed.gov/students/publications/student_guide/index.html
Click the headings in white across the top: http://studentaid.ed.gov/students/publications/completing_fafsa/2012_2013/main.html
When filling it out if you ahve questions call FAFSA directly: http://www.fafsa.ed.gov/contact.htm
Mark asks…
What will be my expected contribution in relation to the fafsa?
I live in a single parent home (my other parent will not be paying anything). My mom makes around $80,000 per year. Our house is valued around $120,000. I didn’t want to go through the trouble of filing a fafsa as I am only a sophomore, so I was looking for an estimate as to what our family’s expected contribution will be. Thanks in advance!
Michelle answers:
Your EFC ( Estimated Expected Family Contribution) is based on a number of different things.. The family size, your parents (and yours if you worked enough to file taxes ) the Ajusted Gross Income,Working Wages Salaries and Tips, exemptions, Amount with income tax paid. Different questions about money coming in and out, if a single parent (living apart for more than 6 months of the year or divorced) amount of assests not including the home you live in, ect.. Thats not something that anyone could really estimate.. Sorry that doesnt help much
Susan asks…
How to fill out FAFSA if your parents don’t want to provide you financial aid in college?
Im a junior and I see my senior friends filling out the FAFSA, I heard it was bases on your households annual income, and that will determine how much financial aid you receive in the form of scholarships when you attend college. But what if your parents choose to not help, and you are independent at 18 years of age, but are in need of financial aid, am I able to receive any financial aid in my position?
Michelle answers:
Being a legal adult and being an independent student for financial aid are entirely different things. The government requires your parents’ income information even if they do not plan to help you. You are considered a dependent student until you are 24, married, have a child, join the army or earn a bachelor’s degree.
Scholarships are based on merit, and your parents’ income won’t have much of an impact on this. Also, you’ll never know what types of aid you qualify for until you actually fill it out. You will also be offered student loans no matter what.
It doesn’t matter whether you are planning to live with your parents or not. Also, do not search for FAFSA, there are many fake sites out there that will make you pay and they show up at the top of most search engines. The FAFSA is free to fill out and here is the website: http://www.fafsa.ed.gov
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