Your Questions About Fafsa

Linda asks…

Help i need help on my fafsa?

i am 18 will the fafsa be easy to fill out without parents information and will it still ask for taxes and can i fil it out by myself?

Nagesh answers:

The FAFSA is confusing to fill out now matter what. Its not easy. Yes it will ask taxes yours and theirs (theirs only if you are dependent fafsa status) if worked and required to file one. Without taxes you financial aid will be held.

There are 2 FAFSA statuses. Dependent meaning your parent information is required on the FAFSA and Independent meaning you do not need your parent information on the FAFSA.

Being an independent person living on your own, paying your own bills has nothing to do with independent FAFSA status. Being listed as a dependent has nothing to do with FAFSA dependent status.

From FAFSA help. Will I need my parent info (are you dependent) http://www.fafsa.ed.gov/help/fftoc02k.htm

The special circumstances they talk about link is if you are adopted, parents in jail, you removed from them for documented abuse. If you feel you have osome other circumstance that you cannot put your parents on the FAFSA call them and ask them. However, them not wanting to help you is usually not a good enough reason. Contact here and also whenyou are filling it out if you have trouble withquestions on the form call this same number: http://www.fafsa.ed.gov/contact.htm

Browse FAFSA help to learn about it: http://www.fafsa.ed.gov/help.htm

Great sites to learn about financial aid:
This comes out each year so look for it the year you do FAFSA: http://studentaid.ed.gov/students/attachments/siteresources/12-13_Guide.pdf

http://studentaid.ed.gov/PORTALSWebApp/students/english/index.jsp

http://www.finaid.org/

James asks…

What is FAFSA “priority”?

I was just informed that the deadline for FAFSA priority was tomorrow, March 15th. I was planning on filling out forms for FAFSA and handing them in on June 1st. Now there’s just one problem, I don’t know the difference between regular FAFSA forms and whatever FAFSA “priority” is. Can someone, anyone, please tell me what FAFSA “priority” is? My future really depends on it.

Thank you for any helpful answers! 🙂
Angela: To answer your question, the concept I suppose. I know the definition of the word priority, haha. I was simply wondering if FAFSA priority forms were different than regular FAFSA forms.

Nagesh answers:

The FAFSA form for 2012-2013 school year financial aid funds is the same form, all this year.

The “priority” part just indicates that FAFSAs completed and submitted by the “priority” date will be processed and evaluated before the forms that are submitted after the priority date. So, unless you get your FAFSA completed and submitted by March 15, it may take longer for you to be notified of your SAR (Student Aid Report) and it may take longer for the FAFSA information sent to the schools you list to review the information and determine if you are eligible for Pell Grant funds and to offer you a Federal student loan.

Bottom line – next year, complete and submit your FAFSA much earlier than this time of year – like mid-February.

Many schools have earlier deadlines than the FAFSA priority deadline for them to receive student FAFSA information so that the school financial aid staff can consider the student for school funded financial aid (grants and/or scholarships that are funded by the particular school.) By waiting, you may have missed out of such consideration.

If you have more FAFSA questions, I recommend you talk (by phone or in-person) with a financial aid adviser from the school you will attend this Fall.

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Best wishes

Mark asks…

When should I apply for FAFSA?

I’m going to college next year (Fall 2011)
When should I apply for FAFSA?

Nagesh answers:

The new FAFSA for the 2011-2012 school year comes out January 1st, 2011. File it ASAP, even if you and your parents do not have your W2’s or your taxes completed yet. You can file it as an estimate by using the last pay stub(s) of the 2010 year.

When you have your taxes completed you can return to the FAFSA and edit it. DO NOT wait for your taxes to be filed before completing a FAFSA as a lot of financial aid money is ‘first come fist serve’ and if you wait until March to file a FAFSA then you could potentially lose out on thousands of dollars..

Donna asks…

Question about FAFSA?

i just apply to FAFSA before the FALL semester starts i submit all the paper works and finally i got my pell grant. but my cousin said i have to do the FAFSA again next semester (Spring) which means i have to resubmit my paper works fill out those paper works and take those seminars again from the school. if thats the case when should i resubmit the paper works? what month? please help
i go on a community collage (DVC)

Nagesh answers:

FAFSA awards last for two semesters.
However, the FAFSA application for the next two semesters (so fall 2010 and spring 2011) will become available starting January first and you’ll need to fill them out as soon as possible. But this FAFSA will require your 2009 tax returns (while the one you just did required the 2008), so it’s not the exact same paperwork.

Jenny asks…

fafsa help plz very fast !!!!!!?

im plaing to study at a university and live at campes but im not sure will the fafsa cover everything even the classes

Nagesh answers:

FAFSA only covers tuition. Which means they will only pay for your classes, they don’t pay for room and board, or books. FAFSA only pays out a certain amount for each semesster, so it depends how much per semester that your college costs if you will get anything back from your FAFSA. Usually I have about $300 left from my FAFSA that I spend on books. Student loans are what will cover your living expenses.

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