2021-22 FAFSA FILING › sites › sfs › files › documents › 2021-22 FAFSA Fi… · (SSS)....

2021-22 FAFSA FILINGSubmitting the 2021-22 Free Application for Federal Student Aid

2

WEBINAR OVERVIEW▪ To provide helpful information that can be

used as a guide for filing the 2021-22 FASFA.gov application available on the website (FOTW) and via the myStudent Mobile App.

▪ The screenshots are intended to show many of the questions displayed in FAFSA.gov; however, most applicants and/or parents are unlikely to need to answer all the questions when completing their application.

▪ The screenshots used in this presentation shows examples of what the studentaid.gov application will look like.

3

FAFSA FILING DEADLINES

The 2021-22 version of the FAFSA will be available for applicants to use on October 1, 2020.

TEMPLE FILING DEADLINES

For the 2021-22 financial aid year, Temple's FAFSA priority filing deadline is February 1, 2021. The submitted FAFSA must be complete and signed by the student (and the parent if the student is a dependent status).

DO I NEED TO FILE A FAFSA?

● The FAFSA is used to determine Federal, State, and/or Institutional need based financial aid.

● Students who plan on attending college during the 2021-22 academic year are encouraged to file a FAFSA.

● Students looking to utilize non-need based aid such as the federal unsubsidized loan, or federal Parent Plus loan, must also submit a FAFSA.

● Some outside scholarship organizations may ask for a student’s Student Aid Report from the FAFSA to determine scholarship eligibility.

5

HOW CAN I SUBMIT A FAFSA?

FAFSA on the Web (FOTW)

myStudentAid mobile app

Paper (PDF) FAFSA

FAFSA on the Phone (FOTP)

http://studentaid.gov

6

KEY FAFSA FEATURES● Students and parents who are eligible may use the IRS Data Retrieval Tool (IRS DRT) to electronically

transfer federal tax return information into a FAFSA form.

● Students and parents may be eligible to transfer their FAFSA information into their state aid application. Participating states include Iowa, Minnesota, Mississippi, New Jersey, New York, Pennsylvania, and Vermont.

● Parents that have multiple students who need to file an application may be eligible to transfer their FAFSA information into a new application from the original student’s confirmation page.

● Students will be able to view additional information about the schools they selected on their FAFSA form for easy comparison of schools.

● Students and parents can correct or update an application once it’s been processed.

● Students and parents can save an application from studentaid.gov and resume where they left off on the mobile app and vice versa.


Link to the 2021-2022 FAFSA application is https://studentaid.gov/h/apply-for-aid/fafsa

https://studentaid.gov/h/apply-for-aid/fafsa


Link to FAFSA: https://studentaid.gov/h/apply-for-aid/fafsa

To login, the student/parent must identify themselves. Note: ONLY STUDENTS MAY INITIATE THE APPLICATION PROCESS

STUDENT OPTION; THE APPLICANT CAN CHOOSE ONE OF THREE WAYS TO LOG IN TO THE APPLICATION: USING AN FSA ID, A VERIFIED EMAIL ADDRESS, OR A VERIFIED PHONE NUMBER.

PARENT/PREPARER OPTION; THE SSN IS MASKED BY DEFAULT AND USERS HAVE THE ABILITY TO CHECK THE “SHOW SSN” BOX IF THEY WISH TO SEE WHAT IS BEING TYPED IN.

myStudentAid Mobile App

The Mobile app allows students to:➔ Begin➔ Complete, ➔ And Submit

the FAFSA.

myStudentAid Mobile App➔Application

information protected (same as FAFSA On The Web).

➔Prompts applicant to create a save key, allowing completion at later time.

DISCLAIMER PRESENTED ON BOTH FOTW AND MOBILE APP

14

KNOW YOUR SCHOOL YEAR: IF YOU PLAN ON ENROLLING IN SCHOOL FOR THE FALL 2021 (AUGUST) SCHOOL YEAR YOU WOULD COMPLETE THE 2021-2022 FAFSA. IF YOU ARE BEGINNING ENROLLMENT IN THE SPRING OF 2021 (JAN.) YOU WOULD NEED TO COMPLETE THE 2020-2021 FAFSA

THE SAVE KEY ALLOWS AN APPLICANT TO SAVE THEIR FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA®) FORM AND RETURN AT A LATER TIME TO COMPLETE AND SUBMIT THE APPLICATION. THE APPLICATION IS SAVED FOR 45 DAYS, UNLESS THE APPLICANT SUBMITS THEIR APPLICATION FOR PROCESSING PRIOR TO THAT. ADDITIONALLY, THE SAVE KEY PROVIDES APPLICANTS A WAY TO SHARE ACCESS TO THEIR FAFSA FORM OR CORRECTION IF THEIR PARENT(S) NEEDS TO ADD INFORMATION OR SIGN IT.

Dependent Student With Parental Data

Dependent Student with Parental Data

17


18


Answering Yes to this question indicates that the student has already

earned a bachelor's degree and is pursuing a second degree and

can result in ineligibility for certain

types of funding

19

Dependent Student with Parental Data – Selective Service

The response to this question is used to determine if the applicant needs to register with the Selective Service System (SSS). Most male citizens and male immigrants between the ages of 18–25 must register with the SSS to receive federal student aid. This requirement applies to any person assigned the sex of male at birth.

20


21

Dependent Student with Parental Data – High School Information

22

Dependent Student with Parental Data- College Selection and Housing

23

Dependent Student with Parental Data – Dependency Status

24

Dependent Student with Parental Data – Dependency Status

25

Dependent Student with Parental Data- Dependent Student

26

Dependent Student with Parental Data- Parent Demographics

➔ Unless otherwise noted, “parent” means your legal (biological and/or adoptive) parent or your stepparent. Clicking on the hyperlink will provide additional rules that apply to your legal parents regardless of their gender.

➔ The response to the question will dictate if fields are presented for one or two parent entries.

27


28


29

Dependent Student with Parental Data- Parent Tax filing status

30

Dependent Student with Parental Data- Parent Financial Information (Non-DRT)

31

➔ Instructional text will be based on the response to Parent Tax Return Status. In this example, the parent stated they “already filed” and “filed a 1040” in order to create the condition for schedule 1 dynamic text to display.

➔ Answering yes to any of the identified means tested federal benefits qualifies the parent for the simplified EFC calculation which excludes family assets.


32


33


34

Dependent Student with Parental Data- Student Financial Information (Non-DRT)

35


36


37


38

Dependent Student with Parental Data- Sign and Submit

39

Immediately after the Preparer Info page and prior to signing, the “FAFSA Summary” view allows independent student the opportunity to review the Student Demographics and School Selection; Dependency Status, Parent Demographics, Student and Parent Financials sections.

FAFSA SUMMARY

40


41


42


43


44

● Some states provide the option to transfer part of the applicant’s FAFSA information into a state aid application.

● Parents of applicants are offered the option to transfer the parents’ data into another applicant's new FAFSA form by clicking the blue box saying, “Does your brother or sister need to complete a FAFSA?”

● The Expected Family Contribution (EFC) is a number that determines students’ eligibility for certain types of federal student aid.

Dependent Student with Parental Data- Confirmation and EFC

45

INDEPENDENT STUDENT LOGIN

46

KNOW YOUR SCHOOL YEAR: IF YOU PLAN ON ENROLLING IN SCHOOL FOR THE FALL 2021 (AUGUST) SCHOOL YEAR YOU WOULD COMPLETE THE 2021-2022 FAFSA. IF YOU ARE BEGINNING ENROLLMENT IN THE SPRING OF 2021 (JAN.) YOU WOULD NEED TO COMPLETE THE 2020-2021 FAFSA

THE SAVE KEY ALLOWS AN APPLICANT TO SAVE THEIR FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA®) FORM AND RETURN AT A LATER TIME TO COMPLETE AND SUBMIT THE APPLICATION. THE APPLICATION IS SAVED FOR 45 DAYS, UNLESS THE APPLICANT SUBMITS THEIR APPLICATION FOR PROCESSING PRIOR TO THAT.

47

INDEPENDENT STUDENT INFORMATION

48

INDEPENDENT STUDENT – DEMOGRAPHIC INFORMATION

49

Answering YES to this question indicates that the student has already earned a BACHELOR'S DEGREE and is pursuing a second degree. This can result in ineligibility for certain types of funding.


50

The response to this question is used to determine if the applicant needs to register with the Selective Service System (SSS). Most male citizens and male immigrants between the ages of 18–25 must register with the SSS to receive federal student aid. This requirement applies to any person assigned the sex of male at birth.

INDEPENDENT STUDENT – SELECTIVE SERVICE

51


52

INDEPENDENT STUDENT – HIGH SCHOOL INFORMATION

53

INDEPENDENT STUDENT – COLLEGE SEARCH AND HOUSING

54

INDEPENDENT STUDENT – MARITAL STATUS/DEPENDENTS

55

INDEPENDENT STUDENT – HOUSEHOLD SIZE

● Applicants are required to complete the household size worksheet in an effort to get more accurate information about the number in the applicant’s household and the number of those in the household who are in college.

● Some information will be prefilled, based on responses provided previously within the FAFSA form. The system tallies the totals as the applicant completes the worksheet to ensure that there are no mathematical errors.

56

● This view only displays if it has been determined that the applicant is considered to be independent.

● Generally independent applicants have the choice of whether or not to answer questions about their parents. However, some health professions or law schools may require parent information.

INDEPENDENT STUDENT STATUS

57

THIS POP-UP WINDOW DISPLAYS WHEN THE APPLICANT CHOOSES TO USE THE IRS DRT ON THE PREVIOUS PAGE.

INDEPENDENT STUDENT – TAX FILING INFORMATION - DRT

58

INDEPENDENT STUDENT – TAX FILING STATUS DRT

59

Coralville

INDEPENDENT STUDENT – TAX FILING STATUS DRT

60

INDEPENDENT STUDENT – TAX FILING INFORMATION -DRT

61

For Independent students answering yes to any of the identified means tested federal benefits, answering "no" to the Scheduled 1 question; and answering yes to the dislocated worker question qualifies the student for the simplified EFC calculation which excludes family assets.

INDEPENDENT STUDENT – TAX FILING INFORMATION-DRT

62

INDEPENDENT STUDENT – TAX FILING INFORMATION-DRT

63

INDEPENDENT STUDENT – OTHER FINANCIAL INFORMATION-DRT

64

INDEPENDENT STUDENT – SIGN AND SUBMIT

65

Immediately after the Preparer page and prior to signing, the “FAFSA Summary” view allows independent student the opportunity to review the Student Demographics and School Selection; Dependency Status, and Student Financials sections.

INDEPENDENT STUDENT – FAFSA SUMMARY

66

INDEPENDENT STUDENT – SIGN AND SUBMIT

67

INDEPENDENT STUDENT - CONFIRMATION AND EFC

The Expected Family Contribution (EFC) is a number that determines students’ eligibility for certain types of federal student aid.

68

Student

CPS

College

WHAT’S NEXT● FAFSA Processing Results - upon

successful completion of the FAFSA, the information is sent from the Federal Central Processing System to both the student and any school(s) listed on the FAFSA.

69

EMAIL NOTIFICATION OF STUDENT AID REPORT● If a valid email address is provided on

FAFSA, you will receive an email that provides information on accessing the electronic Student Aid Report (SAR) through studentaid.gov.

70

STUDENT AID REPORT OR SAR ACKNOWLEDGEMENT

● SAR sent if paper FAFSA filed without providing an email address.

● SAR Acknowledgement sent if FOTW filed without providing an email address.

71

INSTITUTIONAL STUDENT INFORMATION RECORD (ISIR)

● CPS sends results to colleges listed on the FAFSA

● College reviews and may request additional documentation.

72

MAKING CORRECTIONS● IF necessary, corrections may be made to

the FAFSA by using FAFSA on the Web, if student has an FSA ID;

● Updating the paper SAR;

● Submitting documentation to college’s financial aid office.

73

SPECIAL CIRCUMSTANCES● Conditions exist that cannot be documented with the FAFSA

● Send written explanation and documentation to your college’s financial aid office

● College will review and request additional information if necessary

● Decisions are final and cannot be appealed to U.S. Department of Education

SPECIAL CIRCUMSTANCES

Secondary school tuition

Unusual uncovered medical/dental

expenses Extraordinary dependent care

Loss of employment Divorce

Parent or spouse death

Student cannot obtain parental

information

75

FOTW WORKSHEETPreview of questions that may be asked regarding basic information for the student and parent, if applicable

FREQUENT FAFSA ERRORS● Social Security Numbers● Divorced/widowed/remarried parental information● Income earned by parent/stepparent● Untaxed income● U.S. income taxes paid ● Household size● Number of household members in college● Real estate and investment net worth

76

2021-22 FAFSA FILING › sites › sfs › files › documents › 2021-22 FAFSA Fi… · (SSS)....

Documents

Transcript of 2021-22 FAFSA FILING › sites › sfs › files › documents › 2021-22 FAFSA Fi… · (SSS)....