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Financial Aid Workshop Class2013

Financial Aid Workshop Class2013. Financial Aid 101. Sources of Financial Aid. Florida State Financial Aid. Application available in December of senior year at www.floridastudentfinancialaid.org Students must apply to be considered for: Bright Futures Scholarship

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Financial Aid Workshop Class2013

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  1. Financial Aid WorkshopClass2013 Financial Aid 101

  2. Sources of Financial Aid

  3. Florida State Financial Aid • Application available in December of senior year at www.floridastudentfinancialaid.org • Students must apply to be considered for: • Bright Futures Scholarship • Florida Student Assistant Grant • Florida Work Experience Program • Jose Marti Scholarship

  4. CSS Profile • The PROFILE is used to help award nonfederal student aid funds from certain colleges and universities • The CSS/Financial Aid PROFILE is only available online starting October of senior year at: https://profileonline.collegeboard.com • There is a fee to apply and only a limited number of fee waivers are granted based on the financial information provided on the PROFILE

  5. How to Apply for Federal Aid • Complete an electronic Free Application for Federal Student Aid (FAFSA) on or after January 1st (Contact college/university for exact deadline dates) • FAFSA on the Web at: www.fafsa.gov

  6. Financial Aid Includes: • Grants: Gift, doesn’t have to be repaid • Loans: Must be repaid with interest • Work-study: Earn money while in school

  7. Get a PIN (Personal Identification Number) • Your PIN is your electronic signature • Request PIN • one PIN for the student • one PIN for the parent www.pin.ed.gov • Use PIN to file and make online corrections

  8. Documents Needed • Social Security Number • Driver's license (if any) • 2012 W-2 Forms and other records of money earned • Student’s (and spouse's if married) 2012 Federal Income Tax Return –(IRS Form 1040, 1040A, 1040EZ) • Parents' 2012 Federal Income Tax Return (if dependent student) • 2012 untaxed income records - Social Security, Temporary Assistance to Needy Families, welfare, or veterans benefits records • Most recent bank statements • Most recent business and investment mortgage information, business and farm records, stock, bond, and other investment records • Alien registration number or permanent residence card (if you are not a U.S. citizen) . • Keep these records! You may need them again. Do not mail your records with your signature page.

  9. Which FAFSA form do I file? It is important to note the type of deadline you are up against. Ask your college/university about their definition of an application deadline, whether it is the receipt date and time or the process date and time of the application.

  10. How does it all work?

  11. Fl Academic (BF) $3,030 Pell Grant $5,550 Stafford Loan $3,500 Work Study $2,000 Other Sch. $1,000 $15,030 Estimated Cost -FSU $19,354 Short ----------- $4,324 Sample of an Award Letter for Student with EFC:000

  12. Things to Remember…. • Apply for the State Financial Aid after December 1st at www.floridastudentfinancialaid.org • Apply for the CSS Profile (if required) as soon as possible before deadline set by school (registration opens in October) at www.collegeboard.com • Request PIN number as soon as possible for FAFSA at www.pin.ed.gov • Apply for FAFSA after January 1st at www.FAFSA.ed.gov (Contact schools for exact deadline dates)

  13. IMPORTANT • When you complete your FAFSA, please print out the confirmation page and bring it to Mrs. Mendoza, CAP Advisor in room 1107 with your name and ID number on the top of the page

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