Thursday, October 1, 2020

FAFSA

The FAFSA opens today (October 1st).  The government and colleges have moved FAFSA's opening date and due dates up in order to give students and families more time to be able to have their financial aid offers and consider the implications when making the decision about which college will be the best fit financially.  The FAFSA for current high school seniors will be based upon the 2019 tax returns.  You can access the FAFSA here:  https://fafsa.ed.gov/

When students and parents are completing the FAFSA, you will each need to have an FSAID number.  This number will allow you to electronically sign your FAFSA and in the future it would let you sign promissory notes as well as complete future FAFSA's.

The student and parent will each create their own separate numbers.  You cannot use the same e-mail addresses for the creation of the numbers so if you don't have an e-mail address and have been using your parents e-mail in the past then this is the ideal time to create your own e-mail account.

You will make your own challenge questions to help you access your number if you forget it in the future so it is important to write down those challenge questions and answers to make sure you will remember it down the road.  I recommend that students and parents make a folder related to FAFSA where you store all of this information so that you will always have it when you might need it.

If you forget to create an FSAID number prior to completing your FAFSA, it will still have a link for you to be able to go back and create one, but ideally you should create it ahead of time.

Here is a link to create your FSAID numbers:  https://fsaid.ed.gov/npas/index.htm

To help you with the college financial aid process we typically host a Financial Aid Meeting, but in light of COVID that isn't possible this year.  We are fortunate enough though that Faith Phillips, a financial aid director for OSU Newark and COTC, and our typical guest presenter was still willing to share her expertise with our parents and students.  She graciously agreed to create a video about the FAFSA that will help you in completing your financial aid application and we have posted it on the Counselor Website for you to access starting today!

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