5 answers
Beka
Student
Greeley, Colorado
1
Question
Asked
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How do I apply for Financial Aid?
How do I apply for financial aid? I filled out FAFSA but I'm not sure what to do with it.
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5 answers
Laquitta DeMerchant
Account Partner
18
Answers
Houston, Texas
Updated
Laquitta’s Answer
https://studentaid.gov/h/apply-for-aid/fafsa
Admin note: this link directs students to fill out the FAFSA which stands for Free Application for Federal Student Aid!
Gurpreet Lally, Admin
Donna Arellano
MRI Technologist
1
Answer
Plainfield, Illinois
Updated
Donna’s Answer
To begin with, simply send it off. If there's anything you're uncertain about, don't hesitate to visit the financial aid office at the school you're interested in attending. They're there to help you navigate the process with ease.
Alireza Poostindooz
financial consultant
41
Answers
Isfahan, Isfahan Province, Iran
Updated
Alireza’s Answer
To apply for financial aid, completing the Free Application for Federal Student Aid (FAFSA) is the first step, so great job on that! After submitting your FAFSA, here are the next steps to take:
1. Review your Student Aid Report (SAR): After submitting the FAFSA, you should receive a Student Aid Report (SAR) within a few weeks. Review it carefully to ensure all the information provided is correct. If any errors are found, follow the instructions on the SAR to make corrections.
2. Understand your Expected Family Contribution (EFC): Your SAR will include your Expected Family Contribution (EFC), which is an estimate of the amount your family is expected to contribute toward your education. This figure helps determine your eligibility for need-based aid.
3. Receive your financial aid award letters: Once the colleges or universities you applied to receive and review your FAFSA information, they will send you a financial aid award letter outlining the types and amounts of aid you are eligible to receive. This includes grants, scholarships, work-study opportunities, and loans. Compare these financial aid offers from different institutions to make an informed decision.
4. Submit additional forms, if required: Some schools may require additional financial aid forms, such as the CSS Profile or institution-specific forms. Check with each school to see if any additional documents are needed and submit them by the specified deadlines.
5. Follow up with the financial aid office: If you have any questions or concerns about your financial aid package, contact the financial aid office at the respective institution(s) you plan to attend. They can provide guidance, answer your queries, and clarify any financial aid-related information.
6. Accept or decline your financial aid offers: Once you've received your financial aid award letters, carefully review the details of each offer. Accept the types and amounts of aid that you need and are comfortable with. Keep in mind that grants and scholarships are typically "free" money, while loans require repayment with interest.
7. Complete required paperwork: If you plan to accept federal student loans, you will need to complete additional paperwork, such as entrance counseling and signing a Master Promissory Note (MPN), to receive the funds.
Remember, the financial aid process can vary between institutions, so it's important to stay in touch with the financial aid offices of the schools you're considering. They can provide specific instructions and deadlines tailored to their financial aid programs.
Best of luck with your financial aid application! 💰🎓💼
1. Review your Student Aid Report (SAR): After submitting the FAFSA, you should receive a Student Aid Report (SAR) within a few weeks. Review it carefully to ensure all the information provided is correct. If any errors are found, follow the instructions on the SAR to make corrections.
2. Understand your Expected Family Contribution (EFC): Your SAR will include your Expected Family Contribution (EFC), which is an estimate of the amount your family is expected to contribute toward your education. This figure helps determine your eligibility for need-based aid.
3. Receive your financial aid award letters: Once the colleges or universities you applied to receive and review your FAFSA information, they will send you a financial aid award letter outlining the types and amounts of aid you are eligible to receive. This includes grants, scholarships, work-study opportunities, and loans. Compare these financial aid offers from different institutions to make an informed decision.
4. Submit additional forms, if required: Some schools may require additional financial aid forms, such as the CSS Profile or institution-specific forms. Check with each school to see if any additional documents are needed and submit them by the specified deadlines.
5. Follow up with the financial aid office: If you have any questions or concerns about your financial aid package, contact the financial aid office at the respective institution(s) you plan to attend. They can provide guidance, answer your queries, and clarify any financial aid-related information.
6. Accept or decline your financial aid offers: Once you've received your financial aid award letters, carefully review the details of each offer. Accept the types and amounts of aid that you need and are comfortable with. Keep in mind that grants and scholarships are typically "free" money, while loans require repayment with interest.
7. Complete required paperwork: If you plan to accept federal student loans, you will need to complete additional paperwork, such as entrance counseling and signing a Master Promissory Note (MPN), to receive the funds.
Remember, the financial aid process can vary between institutions, so it's important to stay in touch with the financial aid offices of the schools you're considering. They can provide specific instructions and deadlines tailored to their financial aid programs.
Best of luck with your financial aid application! 💰🎓💼
luciana gomez
Order Specialist
2
Answers
Saratoga Springs, New York
Updated
luciana’s Answer
Hi Beka!
You have done the main step and most important which is to fill out FASFA. I'd suggest next send it off. If you are ever in doubt or have any questions regarding your application you can always reach out to the Financial Aid office at the school you will be attending and they will answer any questions you have! Good Luck! :)
You have done the main step and most important which is to fill out FASFA. I'd suggest next send it off. If you are ever in doubt or have any questions regarding your application you can always reach out to the Financial Aid office at the school you will be attending and they will answer any questions you have! Good Luck! :)
Krystle Ferguson
Order Specialist
3
Answers
Bridgeview, Illinois
Updated
Krystle’s Answer
In the FAFSA form, there's a spot where you can specify your preferred school. Once you fill that in, your information will be directly sent to them. The next step is simple - just give a ring to the financial aid office and schedule a meeting. They'll help you discover all the grants and other aids you might qualify for. It's an empowering process designed to help you reach your educational goals.