FAFSA

Filling out the FAFSA qualifies you for...(check all that apply)

• federal grants

• work study opportunities

• merit-based scholarships

• federal loans

• private loans

FAFSA Checklist- What documents do you need to gather to apply for FAFSA? Check all that apply.

• Most recent tax forms (IRS 1040, 1040A, 1040EZ)

• W2

• Records of untaxed income

• Information on cash- checking and savings account balances

How can you fill out the FAFSA?

• Through a paper that is sent to you in the mail

• An interview

• By an app you can download on your phone

• Taking a test at school

The formula colleges use to determine your financial aid package is:

• Cost of attendance minus local scholarships you get

• Expected family contribution minus local scholarships you get

• Expected family contribution plus your personal contribution

• Cost of attendance minus expected family contribution

Most need-based aid is awarded on a first-come, first-served basis so it is best to file the FAFSA as soon as possible.

• True

• False

The FAFSA becomes available starting...

• January 1

• March 2

• May 1

• October 1

Who qualifies for FAFSA

• Everyone

• Those who have graduated high school

• Bill Gates

• A Christmas Ornament

Can you be approved for a homeschooled program

• Yes

• No

• Probably

• Perhaps

True or False? The FAFSA will only help you get federal financial aid, not state or college-based financial aid.

• True

• False

Does it cost money to file the FAFSA?

• Yes

• Only if you fill it out after January 1st

• No

• Only if your college requires a fee