FAFSA Process and Preparation for Freshmen Year

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What is one of the most important things you can do to keep up with FAFSA responsibilities AFTER you've applied for Financial Aid?

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Check your email

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What two things MUST be completed in order to receive your Financial aid? Options: Master Promissory Note and Shopping, Master Promissory Note and Financial Planning Course, Master Promissory Note and Loan/Borrowing Online Course, None of the above

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Master Promissory Note and Loan/Borrowing Online Course

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True/False You cannot get your financial aid packet until you've turned in your verification documents.

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True

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What does MPN stand for?

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Master Promissory Note

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True/False Even if you aren't planning on taking out loans, you cannot receive any financial aid until you've finished your MPN and online borrowing class

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True

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What happens if you receive a letter from your college saying that you and your family were selected for verification?

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You must turn in tax documents and proof of income in order to receive a financial aid package.

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What should you do if you don't know how to provide proof of your parent's income?

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Call your school (with your parents if possible) and explain the situation, then ask specific questions.

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True/False You should respond to requests for verification as quickly as possible.

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True

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What is a financial aid package?

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It is a letter that explains how much free money and loans you are eligible to get. It can be used to see if your financial aid will cover your entire cost of school.

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True/False You should use your financial aid package to help you determine which school is best for you.

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True