EPF U3_2 FAFSA

When is the FAFSA form made available for the next school year?

• January 1 each year

• April 1 each year

• July 1 each year

• October 1 each year

What is the primary purpose of the FSA ID in the FAFSA process?

• To track your application status

• To sign your FAFSA form electronically

• To calculate your financial aid eligibility

• To list the schools you are applying to

Which of the following sets of questions is NOT included in the FAFSA form?

• Employment history

• Financial information

• Parent information

• Personal information

What is the fastest and easiest way to submit your FAFSA form?

• By delivering it in person

• By faxing it to the financial aid office

• By submitting it online

• By mailing a printed PDF version

What new requirement has been introduced regarding the transfer of federal tax information on the FAFSA form for the 2024–25 academic year?

• Federal tax information must be manually entered by the applicant.

• Federal tax information will be transferred directly from the IRS into the form.

• Federal tax information is no longer required for the FAFSA.

• Federal tax information can only be submitted via mail.

Which of the following statements accurately describes the role of contributors in the FAFSA process?

• Contributors are optional and do not need to provide any information.

• Contributors must provide consent and approval for the IRS transfer of tax information.

• Contributors are only required to submit their own FAFSA forms.

• Contributors can complete the FAFSA without a StudentAid.gov account.

What should you do after submitting your FAFSA form to ensure you receive important updates?

• Call the financial aid office daily for updates.

• Wait for a letter in the mail regarding your application.

• Monitor your email for a confirmation message.

• Ignore all emails until you receive your financial aid package.

What does the Student Aid Index (SAI) represent in the context of financial aid?

• A measure of your family's income level.

• A score that indicates your academic performance.

• An index number calculated from your FAFSA information to determine aid eligibility.

• A fixed amount of money awarded to every student.

How long does it typically take to process your FAFSA form after submission?

• One to three days.

• One to two weeks.

• Immediately.

• Three to five days.

Where can you check the status of your FAFSA form processing?

• By checking your social media accounts.

• By visiting the local financial aid office.

• By logging into your StudentAid.gov account.

• By contacting your high school counselor.