Financial Aid- Finding Funds for College. Dana Wesley School Counselor Midway Alternative High School Canyon ISD. If you want it- there is always a way!. There is Grants, Scholarships, Loans, Work programs, etc. . How to Apply for Financial Aid. Don’t underestimate your options.
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Midway Alternative High School
There is Grants, Scholarships, Loans, Work programs, etc.
The FAFSA information is used to calculate the Expected Family Contribution (EFC) and determine the student’s eligibility for most federal and state assistance.
Tell your friends! The official FAFSASM is at www.FAFSA.gov – not at a “.com” Web site. If you go to a “.com” site, you will probably be asked to pay to submit the FAFSA. Remember, the first F in “FAFSA” stands for “free” – so use the official government site to submit your application.
You must do this!
The first step in the financial aid process is to complete and submit the Free Application for Federal Student Aid (FAFSA).
FAFSA filing options:
Electronic filing eliminates delays that can occur by mailing the application. Also, FAFSA on the Web edits the application prior to submitting it to Federal Student Aid, which significantly reduces the number of errors on the application.
If you provide all required information and required signatures, your FAFSA will be processed in 3-5 days and a Student Aid Report (SAR) will be sent to you and the colleges you have listed. Your SAR will summarize the data reported on your FAFSA. You should check your SAR carefully for accuracy and keep a copy for your records.
The SAR also contains a Data Release Number (DRN), which appears on the first page in the upper right corner. On the electronic SAR the DRN is located in the box that contains the Application Receipt date, below the Expected Family Contribution (EFC). The DRN is also located on your confirmation page. You will need the DRN when you call the Federal Student Aid Information Center to change certain information on your application, such as to add or delete a school code. If your FAFSA is complete, an EFC will be printed in the upper right hand corner of the SAR. Your EFC is based on all of the information reported on your FAFSA. Your school will use the EFC to award your financial aid.
Note: Your EFC is not the amount of money your family will have to pay for college nor is it the amount of federal student aid you will receive. It is a number used by your college to calculate the amount of federal student aid you are eligible to receive.
INDEPENDENT students fit into at least one of the categories listed below:
Note: If the student is DEPENDENT, report student and parent income and assets on the FAFSA. Not living withparentsdoesnotmakethe student independent.
If you plan on going to college before Fall 2012, then you need to do this now.
The financial aid office at the college you plan to attend will be in charge of awarding you financial aid.
Deadlines matter! The earlier you submit your forms, the more likely you are to get a good financial aid package.
Check your college financial aid office for deadlines and help!
It takes time start Now!