Completing the FAFSA
[STUDENT ] I need to apply for financial aid. What is the FAFSA and when do I need to fill it out?
[NARRATOR] If you’ve heard the term FAFSA before, you’re on the right track. The FAFSA is the Free Application for Federal Student Aid, and you must complete this form to receive financial aid such as federal grants and loans.
The address for “FAFSA on the Web” is easy to remember! It’s simply www.fafsa.ed.gov. Filling out the FAFSA is not difficult, and it is completely free!; although it is important that you have gathered the correct information you’ll need to complete the form. This video will guide you through the process.
[STAFF] When it comes to the FAFSA, you can’t afford to wait to the last minute! You’ll want to apply as soon as possible to receive aid for the semesters you will be attending class.
[NARRATOR] For the upcoming school year, you can submit the FAFSA online from January 1st of this year until June 30th of the upcoming year.Keep in mind that schools and states often use FAFSA information to award nonfederal aid. In Kentucky, aid will be awarded until the funds run out, so you’ll want to apply for the upcoming year as soon as possible after January 1st of this year.
[STUDENT ] So what exactly do I need to have ready before I complete the FAFSA?
[STAFF] One of the first things you’ll need to do is get a Federal Student Aid PIN number. Your PIN number allows you to electronically sign when you submit your FAFSA. [NARRATOR] You can get a PIN number by visiting www.pin.ed.gov directly, or by clicking on the “PIN Site” button from the FAFSA website. Then click the “Apply” button. You’ll need to enter some personal information such as your Social Security number and a valid email address. Your PIN number will then be sent to you through email. If your parents will also be providing information and signing your FAFSA, one parent should also apply for a PIN.
[STAFF] The next step is to organize all of your information. You will need records of income earned in the year prior to when you will start school. You may also need records of your parents’ income information if you are a dependent student.
[NARRATOR] For the upcoming school year you will need financial information from last year. You may need to refer to:
Your Social Security card. It is important that you enter your Social Security Number correctly! Your driver’s license if you have one.Your W-2 forms and other records of money earned from last year.Your (and your spouse’s, if you are married) Federal Income Tax Return from last year.Your Parents’ Federal Income Tax Return from last year (if you are a dependent student). Your untaxed income records from last year.Your current bank statements.Your current business and investment mortgage information, business and farm records, stock, bond and other investment records. Your alien registration or permanent resident card (if you are not a U.S. citizen).
FAFSA on the Web will guide you through the questions that you must answer. You can save your application and return to it later if you don’t have the information you need to answer any of the questions.
You should always keep your records because you may need them again. You should not mail your records to Federal Student Aid.
FAFSA on the Web also requires you to select the school you are planning to attend. All schools will have a specific code, and the school code for all campuses of Maysville Community and Technical College is 006960.
[STUDENT] Okay. So now that I have gathered all of that information, can I begin filling out the FAFSA?
[STAFF] Yes. You are now ready to apply for financial aid through FAFSA on the Web.
[NARRATOR] From the FAFSA on the Web homepage, use your mouse to select the “Start Here” button to start or continue your FAFSA. You will need to provide your login information on the next page. Afterwards, you will be asked to select the school year for which you will be applying for financial aid.Then you will be asked to create a password. Don't forget the password you create, because you will need it if you want to save your FAFSA and return to it later.
[STUDENT] Wow, it doesn’t seem as hard as I thought it would be. Will FAFSA on the Web guide me through each step just like this?
[STAFF] It sure will. In fact, you can always find help and the answers to questions you might have with just a few mouse clicks or a phone call.
[NARRATOR] As you continue to fill out the FAFSA, keep an eye out for on-screen help and hints during each step of the application. If you don’t see the answer to your question directly on the page, use your mouse to select the “Browse Help” button, which will open a new window with help topics and a search bar that you can use to find the information you need.
In addition to the online help, you can also call 1-800-4-FED-AID, for free help at any time.Remember that you will need to provide the personal and financial information you have gathered for some parts of the FAFSA, so you will need to have this information available as you complete the application. FAFSA on the Web will ask you questions along the way to guide you through the process of entering all of the information you are required to provide.
If you come to a section that asks you for information that you do not have yet, and you need to save your progress to finish it later, you can select the “Save” button on the application.
[STUDENT] So once I complete the FAFSA, what happens next?
[STAFF] After you complete and submit the FAFSA, you will receive a confirmation page, with a confirmation number. Your confirmation number is proof that your application was successfully submitted. And then, within a few days, you will receive a copy of your Student Aid Report, or SAR.
[NARRATOR] The school you have listed on your FAFSA will also receive an electronic copy of your SAR. You may contact the Financial Aid office of the school to make sure they have all of the information they need to determine your eligibility for financial aid. If you are eligible, the Financial Aid office will send you a letter notifying you that your file is complete, with instructions on how to check your financial aid awards.
Please watch the video titled “Following up on Financial Aid” for information about interpreting your SAR and verifying your financial aid awards through Student Self Service.
[STUDENT] Filling out the FAFSA was easy, and didn’t take a whole lot time. And I found out that I can receive a lot of financial aid for college!
[STAFF] For more information about financial aid at Maysville Community and Technical College, please visit Maysville.kctcs.edu, and click on the “Costs and Financial Aid” link. You can find contact information for the Financial Aid Staff by using your mouse to select the “Contact Us” link shown here.
We hope that this video has helped you become more aware about the financial aid services available to you as a student of Maysville Community and Technical College.