FILING THE FAFSA – TOP 5 FAQS
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FILING THE FAFSA ? TOP 5 FAQS
PRESENTED BY: TRICIA POPLICEAN COLLEGE COUNSELOR CREDIT UNION STUDENT CHOICE SCHOLARHELP@
DISCUSSION TOPICS
Top FAQS Completing the FAFSA Next Steps FAFSA Tips Federal Updates
? Credit Union Student Choice 2022. Confidential and Proprietary.
FREQUENTLY ASKED QUESTION 1:
WHAT IS THE FAFSA?
Free Application for Federal Student Aid (FAFSA)
The FAFSA is the first step in the financial aid process. It is used to apply for federal student financial aid such as grants, loans and work study. In addition, postsecondary schools use information from the FAFSA to award non-federal financial aid. The application is available free of charge.
Beware of SCAMS! This is a "FREE" application Administered by the Department of Education (ED) ALL families should complete ? not all aid is based on financial need Gateway to Federal ? State ? School financial aid
2023-2024 FAFSA
Available for completion: October 1, 2022
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FREQUENTLY ASKED QUESTION 2:
WHO SHOULD COMPLETE THE FAFSA?
Dependent Undergraduate Students and Parent(s)
o FAFSA determines dependency status (Step 5) o Divorced parents ? custodial parent only o If remarried ? include stepparent information
Independent Undergraduate Students
o FAFSA determines dependency status (Step 5)
Graduate Students
o Graduate students are independent o Medical and Law students may be asked to include parent(s) information
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Tools and Resources
Home | Federal Student Aid Eligibility Requirements | Federal Student Aid
FREQUENTLY ASKED QUESTION 3:
WHY SHOULD I COMPLETE THE FAFSA?
Students may qualify for federal, state, and school financial aid FAFSA is required for federal student loan programs (undergraduate and
graduate) Financial aid is not always based on financial need Some schools require the FAFSA for merit aid Some states require the FAFSA before high school graduation Graduate students complete the FAFSA independently
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