While FAFSAUSA.COM files most of their applications it receives online, we also file hundreds of FAFSA forms over the phone as well. Our experienced advisors have been helping students file FAFSA Forms for years and generally have them complete within 20 minutes. Remember, financial aid is on a first come first served basis, so apply first!
Posts Tagged ‘fafsa’
Can I File a FAFSA with FAFSAUSA over the Phone?
Monday, May 18th, 2009Can I fill out the FAFSA Form Myself?
Sunday, May 17th, 2009You actually can fill out your FAFSA form yourself by going to your college or the governments website and getting the forms and paperwork and sitting down and filling out all the information. Most people find it takes them a couple of hours to figure it out, and you SHOULD download the FAFSA form instructions before you do this. They ar eabout 70 pages long and can obtained directly from thre departent of eduction.
State FAFSA Deadlines
Saturday, May 16th, 2009It is always recommended to file your FAFSA with us as soon as possible after the first of the year, but for those of you who wait, please see our state deadlines page to make sure you dont miss the deadline.
How Much Money Could I Expect From FAFSA?
Thursday, April 23rd, 2009“My Mom makes 40k a year and Dad doesn’t work, how much could I expect from FAFSA?”
-Larry M., Binghampton, NY
Larry,
Great question! It would be fantastic if the government published a chart of income ranges that could automatically reflect how much aid you can expect, but unfortunately it just isn’t that easy.
The federal government reviews the information you complete on your FAFSA application (basically by having you list all sources of potential income: untaxed, interest income from investments, net worth, etc. and compares that to any and all financial obligations you may have) and determines by using a specific equation what your Expected Family Contribution (EFC) number would be. This number tells them (and you) approximately how much they expect you should be able to contribute financially to the Cost of Attendance (COA) of the institution you list on the FAFSA application itself.
So, for example, let’s say you want to attend America University which costs approximately $10,000 a year. After the federal government calculates your EFC, which let’s say they calculate to be 4389, you can expect that you will receive around $5,611 in aid, and that is usually a combination of grants and loans, or different types of loans added together.
Now, to get even more complicated, the amount they will offer will also fluctuate depending on when you apply, what state you live in, and how much money is left in the federal education budget when they go to cut your check.
So as you can see, the estimation for how much aid you will receive can be tricky and will almost always be just that: an estimation. However, you can usually find some really great EFC Calculators online that will help you get an idea of your expected federal aid.
To take control of your financial aid process, the best thing you can do is apply EARLY and use the help of a professional advisor who will make sure the form is filled out correctly. Otherwise you can spend weeks making corrections and adding information later that you may not know you even needed! There are mixed feelings out there about paying for professional help filling out the form, but I personally feel that when it comes to the difference between THOUSANDS of dollars, why not spend the $60 and know you are doing it right?
After Applying For FAFSA When Do You Receive Your Financial Aid?
Tuesday, April 21st, 2009“When applying for FAFSA when do you actually receive your financial aid?”
-Derek R., Nashville, TN
Derek,
The FAFSA form itself it only determining your eligibility for federal aid. So, when you complete and submit the form, what is actually happening with that information is as follows:
· The government gets your FAFSA (whether the paper or electronic version) and reviews it for errors and looks for any information that would invoke a “red flag” and result in a hold on the form. (Red flags occur when they see really low or really high income, when you report you received supplemental income but your “total wages earned” information doesn’t match, etc.)
· If the information is wrong or is “red flagged”, the government will then mail you paperwork to make changes, or you can make these changes online with your PIN. Once you’ve made changes, the process starts over again. You wait for them to review and confirm that everything else is okay. This can take WEEKS.
· Then, they sent you a Student Aid Report (SAR) that reflects your generalized federal aid options. This means that you will find out if you are Pell Grant eligible, and what type of Stafford Loan you can receive.
· The next crucial step is that this information is also sent to the schools you listed on the FAFSA form. They will also calculate what type of aid you will receive (specific amounts) and either send you a form letter or wait until you have applied to share this information with you.
· From there you will need to make a decision: Do I still want to attend this school? Do I only want to take the grant money or do I also need these loans? If so, do I want all of it? Once you make your decision, your Financial Aid Administrator will work with you on the paperwork you will need to receive the actual disbursement.
· The specific answer to your question is that you will actually have the $ in your hands (or, more accurately, in the pockets of the institution) as soon as you actually begin classes. So, as you can imagine, if you are moving across country to begin college, you will need to cover those expenses up front as your federal aid won’t be available for you until after you begin. Also, the money goes directly toward your institution and other eligible expenses, not to you. So don’t assume you can use the grant money to go out and buy that fancy new flat screen TV or Xbox you have always wanted!
How The FAFSA Dollar Amount Is Determined
Monday, April 20th, 2009“How does the FAFSA determine the financial aid you should receive?”
-Julie M., Chicago, IL
Julie,
Well that’s (literally) the million dollar question, isn’t it?
The federal government reviews the information you complete on your FAFSA
application (basically by having you list all sources of potential income: untaxed, interest income from investments, net worth, etc. and compares that to any and all financial obligations you may have) and determines by using a specific equation what your Expected Family Contribution (EFC) number would be. This number tells them (and you) approximately how much they expect you should be able to contribute financially to the Cost of Attendance (COA) of the institution you list on the FAFSA application itself.
So, for example, let’s say you want to attend America University which costs approximately $10,000 a year. After the federal government calculates your EFC, which let say is 4389, you can expect that you will receive around $5,611 in aid, and that is usually a combination of grants and loans, or different types of loans added together.
Now, to get even more complicated, the amount they will offer will also fluctuate depending on when you apply, what state you live in, and how much money is left in the federal education budget when they go to cut your check.
So as you can see, the estimation for how much aid you will receive can be tricky and will almost always be just that: an estimation. However, you can usually find some really great EFC Calculators online that will help you get an idea of your expected federal aid.
To take control of your financial aid process, the best thing you can do is apply EARLY and seek out the help of a professional advisor who will make sure the form is filled out correctly. Otherwise you can spend weeks making corrections and adding information later that you may not know you even needed! There are mixed feelings out there about paying for professional help for completing the form, but I personally feel that when it comes to the difference between THOUSANDS of dollars, why not spend the $60 and know you are doing it right?
5 Tips To Get FREE MONEY For College
Tuesday, April 14th, 2009I remember how jealous I was of my older brother when he got a full ride to the college of his choice. I saw him spending some of his “extra” scholarship money on DVDs and a new TV. I couldn’t believe it. I was just starting the process of writing my college applications and he was already easing into his freshmen year without a care in the world. I was frustrated. HOW did he get all this money? My mom kept using the phrase “student loans” every time my college education came up, yet my brother wasn’t racking in even a small amount of debt.
So then it hit me: high school. High school was very different for my brother than it was for me. I had a lot of friends, I partied on the weekends, I had a very part time job on the weekends but mostly I spent my time socializing. My brother on the other hand was a great student. He did a lot of extracurricular activities and in the summer time he volunteered at the hospital for 3 weeks. Now that high school was over for each of us, I couldn’t help but wonder why I was being punished for having a good time while I was in school. I asked my brother what his secret was and why he enjoyed being such a nerd. Then he told me this: “I didn’t LIKE doing all of those things, and I certainly didn’t necessarily enjoy seeing my summer spent running errands in a hospital, but what I really didn’t want was to work a million hours and try to go to school at the same time. So, I put in the work now.”
It seems like a simple concept but it really hadn’t clicked until then. When I thought about it, I couldn’t even remember how I spent those 3 weeks during the summer while my brother had gone to volunteer, and I could have put myself in a position to win a $5,000 scholarship like he had. I honestly hadn’t done the research, and I figured that as long as I got straight A’s, getting into college and finding a way to pay for it would come naturally. As you probably know, this wasn’t the case.
I made a list of tips and tricks to help find “free money” to pay for school. You may not like it, you may not want to do it, you may downright HATE it, but if you want to come out of college with a degree and little to no debt, these are the necessary steps to make that happen.
- Prepare waaaaaay in advance. This one I can’t stress enough. By the time students start applying for college, they are generally seniors and almost done with the year. Did you know that most financial aid deadlines are 6 to 7 months before you even begin college? That means you generally have to apply by MARCH, while you are still in high school. That doesn’t include the application you will also need for admission. Plus, with the time it takes to rack up volunteer hours and participate in groups that provide scholarships, you really should have been starting your preparation during your sophomore or junior year at the latest. So, when I say preparation that really means being proactive toward your college education as early as you can. The more you can make yourself stand out by the time you have to write that nifty scholarship essay application, the better off you will be. You will need this before you do anything else. There is no “secret scholarship” website I can lead you too and even if there were, if you don’t have the grades or the community service, 9 times out of 10, you won’t be eligible for anything.
- Parents are not your slaves. DO NOT, I repeat, DO NOT rely on your parents to do the work for you. Why would you want to leave your fate in someone else’s hands? Come on! You are the one on the internet all day, why are you not spending at least 5 minutes of that time searching for and applying to scholarships? It may not be fun, but you are helping yourself. Who knows what you may find. Wouldn’t you much rather have money to spend on FUN things while you are in school, then living off loans and spending every night at home because you have no money? Your parents are busy enough. Even if they do help, they can’t (and shouldn’t) spend the time it really takes to find the free money in the same way you can (and should).
- Participate in everything you can. Join! Join! Join! Most clubs and organizations have a minimal amount of attendance or work required to become a member. That doesn’t mean that I am encouraging you sign up for 800 associations just for the title, but you can generally balance a handful without worrying your life will be sucked dry of any free time. The best part is, these are great places to meet friends and they will put you in a position to apply for additional scholarship money either through the organization itself, or by citing these clubs as community service and it can also lead to great letters of recommendation. Ask ahead of time what benefits they offer. How many hours of activity do they require of their members? Do they offer a scholarship? What are the requirements? This can pay off. If you are not sure how to find these organizations, ask your high school guidance counselor. Or, if you are just looking for extracurricular credit, why not create your own organization? Find someone at the school you ask to be a sponsor, and then run with it! How much cooler would it be to say you are the “Founder of Kids with Cool Glasses” then just a member? Give it a shot. It is more fun than you might think.
- Persevere in spite of exhausted efforts. Don’t think the internet is the only resource on the planet for information. Once upon a time, we used books as our main resource when trying to find the answer to our questions. The internet has a lot of fantastic content but it will also be full of scams and people hoping to take advantage of you and your money. Go to bookstores and local libraries to try and find scholarship books for you to use as a guide. Stop by the government building in your city, like the town hall or historic center, and ask if they offer scholarship or community service opportunities. I don’t know many places that will say no to a hard working volunteer, so you really don’t have much to lose. The more effort you put into it, the more likely you will be to find something that you will enjoy doing. Love the beach? Become a lifeguard. It’s real life opportunities like these that will not be on the web.
- Practice until perfect. All the community service in the world won’t make a bit of difference if your scholarship essay is poorly written or doesn’t focus on the questions being asked. You may even need to attend an interview or two during the application process so if you are sloppy and underprepared, it can ruin your chances of winning the scholarship. You will need to be prepared and focused on what your goals are, or at least be able to communicate that you are hoping to discover your goals through college. Not everyone has the answer, and especially when you are just leaving high school and are still figuring out who you are. The key is perfecting your essays, practicing your interviews, and doing whatever it takes to stand out amongst the masses.
I wish I could tell you about the secret website or scholarship club that gives out thousands of dollars to each student that applies, but it just doesn’t exist. Plus, if I did, I probably would keep the secret so I could pay for my OWN education! The truth is that money is out there, and the more connected you are to your community, your school, and yourself, the more likely you will be in a position to find dozens of these you can apply to. Don’t discredit scholarships for $50 or $100, either. Books are expensive, too. Don’t forget the money you will want/need to buy stuff for your dorm. Also, it may help to keep a secret stash for a late night trip to McDonald’s, because let’s face it: college food stinks.

