DO THE FAFSA!
FAFSA is the Free Application for Federal Student Aid. It’s the ONLY way to apply for federal student aid. Plus, it also impacts the financial aid you receive from state governments and most colleges & universities. And don’t forget: It’s FREE to apply.
The 2022-2023 FAFSA is the one that the Class of 2022 will complete. It opens this Friday, October 1. Here’s a quick list of the things you need handy for the application process:
- Student’s Social Security Number
- Parents’ Social Security Numbers
- Student’s Driver’s License number (if applicable)
- 2020 Federal Tax return (IRS 1040) – which you don’t really need if you plan to use the IRS’ Data Retrieval Tool (highly recommended!)
- Records of both the student’s and the parents’ untaxed income, such as child support received, interest income, and veterans’ noneducation benefits.
- Information on cash; savings and checking account balances; investments, including stocks and bonds and real estate (does not include the family home); and business and farm assets for student and parents.
- A list of as many as ten (10) colleges to which the student plans to apply.
Things to keep in mind:
- The process is really quick. You can complete the FAFSA in less than an hour.
- Don’t make assumptions about whether or not you will qualify for financial aid. You might be surprised.
- Many outside scholarships also require you to submit a copy of your Student Aid Report (SAR) with your application. The SAR is the report you receive after filing your FAFSA application.
- Both student and a parent have portions to complete. Student and parent need separate FSA ID’s to sign-into the FAFSA application.
FAFSA is a critical piece within the college admissions process. Helping your family know how and when to complete the FAFSA is part of my role as a college admissions consultant. It’s a process that looks slightly different for each family. And my approach to college admissions reflects that. I am definitely here to help guide you through the FAFSA and other key financial concepts! And that is just one of the reasons I am committed to sharing with you each week through my newsletter. Here you’ll find the latest news from colleges, a resource you may have missed, and a glimpse at what I’m doing at SCOUT to help students find and fund their ideal college experiences. Thanks for joining me!
SPEAKING ENGAGEMENTS: I would love the opportunity to speak to students and their families about the FAFSA and other financial concepts. If your school needs a resource for a general presentation on the ins and outs of the FAFSA, college costs, and financial aid options, please let me know. I would be happy to share my knowledge and answer any general questions about the financial piece of college admissions. Please contact me by email or by calling 405-906-7044.
Historically, October is testing month. Students may be taking the Pre-ACT, the PSAT, the ACT, and/or the SAT. Writing for US News & World Report, Tiffany Sorensen explains how you can use Pre-ACT and PSAT scores to determine whether the SAT or the ACT might be best for your student. Find the article HERE.
A RESOURCE YOU MAY HAVE MISSED
This week’s resource was an easy pick. Click HERE to start the FAFSA. You can review what to expect, browse a variety of help topics, and search for state deadlines. Don’t forget: Filing the FAFSA is free. If you’re asked to pay a fee, you’re not using the proper website.
WEBINARS GALORE: I’ve had a busy week! First, I attended a webinar with the Deans of Admissions from The University of Southern California and The University of Chicago. Next was a webinar on prepping students to apply for a variety of highly coveted outside scholarships. Then, there was a webinar on the FAFSA. And last was a webinar on Social Emotional Learning (SEL) and mental health. Connecting with admissions counselors and industry professionals is just one way that I seek to improve the consulting offerings of SCOUT. And I’m anxious to share my findings with you. Give me a call (405-906-7044) to discuss what I discovered this week!
FRESHMEN & SOPHOMORES: Need some help navigating the high school journey? I’m here to help you build academic, personal development, and extracurricular strategies in an effort to achieve college and life goals. Plus, this is the perfect time to identify scholarships, internships, and summer programs. My goal is to help you plan for a variety of aspects so that you are positioned to make the most of high school opportunities and then poised to find and fund your ideal college experience. If you want to learn more, use the button below to set-up a no-cost / no-obligation call with me.
JUNIORS: Wondering how to best prepare for the college admissions process? Now is actually the perfect time to start making some key decisions about your college future. I would love to help you focus on the things that matter. Let’s ensure that you take advantage of the opportunities that will enable you to shine next fall. Use the button below to connect with me and let’s make a plan together!
SENIORS: Need help exploring colleges? Does the Common App process have you stumped? I am here to help! My goal is to help you find and fund the ideal college experience! And my approach is individualized for you – so it’s designed to keep you focused on the aspects that matter to your specific situation. Just click the button below to connect with me and let’s get started today!
Want to receive this newsletter in your email box every Tuesday?