Tuesday, May 7, 2013

FAFSA For Adults Made Straightforward

By Mike Hoff


The FAFSA or Free Application for Fed. Student Help

The US executive sets aside billions (yes, that's billions) of bucks each year to help qualified students pay for college. Signing up for this aid is totally free and may be the first step for any adult student looking for financial aid.

How to Qualify

While the application is free, there are some conditions you need to meet to have eligibility for Federal Student Help. Some aid is founded upon financial need, but some unsubsidized loans,eg the Stafford Loans, have different necessities. Here's a list of just some of the requirements. For a total list, check with the financial support office at your varsity.

You've got to have a Social Security Number.You must have a diploma, GED, homeschooling certification or pass an "ability to benefit" test.You must enroll as a regular student looking for a degree or certificate.How to Apply

There are three ways to complete the FAFSA application:

Online at the Fed. Student Help websiteComplete a PDF form on your computer and mail it for processingRequest a paper copy of the form by calling 1-800-4-FED-AID (1-800-433-3243). You may be able to get the paper form from your local public library or from the college financial support office.Remember, you're going to need to make a new application every college year, so keep a copy for your own records.

After you Apply

In 3 weeks or so after completing the Free Application for Federal Student Help, you'll receive the "SAR" or Student Help Report. Review this info punctiliously and make any corrections as needed. The school (or faculties) you listed on your application will receive a report of your eligibility for Fed financial support. These schools can also utilise this information to tell you any other help sources you could be suitable for.

Tips for Completing the FAFSA

If you are utilising the paper form, get several copies in case you need to correct information.If you're completing the form online or on your computer, ensure you save often.Either online or on paper, make sure you save a copy of your request for your records.Read the Suitability section before you begin.Read the directions and look through each page of the FAFSA before you begin.Gather all the necessary documents before you being the application. You'll need items such as your Social Security card and your tax forms from the previous year.Mistakes in your request can delay your eligibility for student help and may cause delays in getting back to school. Confirm your info is correct before you submit.If you submit the form online, you'll need a PIN number (you can apply for this through the FAFSA website.) Keep your PIN number in secure place. You will use this number each time you log in to the FAFSA site to test the standing of your request or update your information.




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