FAFSA: Any senior who intends to seek financial aid for college must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA opens on October 1st. Find more information about the FAFSA at the following links:
FAFSA4Caster Link
This presentation is from last year and walks through the FAFSA line by line. It’s a good starting point for those completely unfamiliar with the FAFSA! Line by Line 2022 FAFSA Walkthrough
FAFSA specific virtual options coming up- the webinar and FB events are live and for Youtube, there will be a recording available that day.
All social media events will be offered at 7 p.m./6 p.m. Central.
Facebook Live
· October 4: Understanding the FAFSA: What You Need
· December 6: FAFSA Follow-Up: Next Steps
Twitter Chats
· October 11: Understanding the FAFSA: Frequently Asked Questions
· December 13: FAFSA Follow-Up: Professional Adjustments
Youtube Videos
· October 18: Understanding the FAFSA: The 2022-2023 FAFSA Walkthrough
· December 20: FAFSA Follow-Up: Making Corrections to Your FAFSA
KHEAA Webinars
· September 27: Paying for College 101: Everything You Need to Know
· October 25: Understanding the FAFSA: FAFSA Live
SENIORS! Have you completed your FAFSA? Sign up for a FREE virtual help session here AND for the opportunity to win a scholarship!
Link to register for help with FAFSA and scholarship opportunity
Students should know these financial aid terms
As high school seniors and their parents begin the college financial aid process, they should know these terms.
Conversion scholarship/loan. This type of scholarship requires students to provide certain services. If they don’t provide the service, the scholarship becomes a loan.
Cost of attendance. The total cost of one year of college: tuition, fees, room, meals, supplies, transportation and personal items.
Expected family contribution. The EFC is the amount the student and family are expected to pay for the student’s education. It is based on a formula set by Congress.
FAFSA. The Free Application for Federal Student Aid must be submitted by students applying for federal and state aid. The best way to do so is at https://studentaid.ed.gov/sa/fafsa.
Financial need. The difference between the cost of attendance and the EFC.
Institutional aid. The scholarships, grants and other financial aid programs provided by the college.
Verification. The process of making sure the information submitted on the FAFSA is correct. The federal government requires colleges to have a certain number of students’ FAFSA information verified.