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Senior Year College Process

Senior Year College Process. Apply for admission and merit-based scholarships for all colleges you like File the 2012-13 FAFSA by March 10 Apply for private, outside scholarships Financial Aid Notification Letters come from colleges, likely between March 15-April 15

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Senior Year College Process

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  1. Senior Year College Process • Apply for admission and merit-based scholarships for all colleges you like • File the 2012-13 FAFSA by March 10 • Apply for private, outside scholarships • Financial Aid Notification Letters come from colleges, likely between March 15-April 15 • Compare your aid offers • Make final college decision by May 1 • Return all required forms to your chosen college

  2. www.fafsa.gov • Start Here for all options – • Initial Filing of 2012-13 FAFSA • Continuing a Saved FAFSA • Corrections to submitted FAFSA • Providing Signatures with PIN

  3. PINs for FAFSA • Student AND one parent must each create a PIN www.pin.ed.gov • PIN serves as a “signature” for the online FAFSA; may submit without, but FAFSA will not be fully processed until “signed” with PINs. • PIN will be needed to change/correct FAFSA; both PINs (student + parent) must be applied each time FAFSA is updated

  4. IRS Retrieval Option • Beginning February 1 • Allows transfer of IRS data into FAFSA. • May use to initially provide tax info , OR…. • Update later as a “correction” if estimated tax info used when filing FAFSA initially

  5. What is EFC? • EFC is an index number used by the federal and Indiana government, and colleges to calculate financial aid eligibility. • EFC is not a dollar amount that you owe. It is an index used to calculate and ration aid. • College’s “Cost of Attendance” – EFC = NEED

  6. State of Indiana Grants(State Student Assistance Commission of Indiana – SSACI) • FAFSA will load into State’s system • FAFSA must be received by March 10 ! No exceptions! • http://www.in.gov/ssaci/ Create an eStudent Account to view your state aid record • FAFSA errors (“edits”) must be corrected by May 15 or eligibility is forfeited • 21st Century Scholars, Frank O’Bannon Higher Education Award and Freedom of Choice Grant are examples of SSACI aid.

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