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Q: What is FAFSA?
A: FAFSA is an ancronym refering to Free Application for Federal Student Aid. It is the vehicle used by the federal government to calculate need-based aid.
Q: Where can I get a copy of FAFSA?
A: You can get a copy from you high school guidance counselor, your local public library, any college financial aid office, online at www.fafsa.ed.gov or by calling 1-800-4-FED-AID.
Q: When should I complete FAFSA?
A: As soon as possible after January 1 of senior year.
Q: Should I apply for aid even if I think I don't qualify?
A: Yes. It is free to apply to FAFSA, and many who think they won't qualify actually do. There are also some Financial Aid loans available regardless of need through the FAFSA application.
Q: Do I need to be admitted before I can apply for financial aid at a particular university?
A: No. You cannot receive funds until you are accepted and enrolled, but you may apply anytime after January 1 of senior year.
Q: Why can't I submit my financial aid application before January 1?
A: The federal govrnment analysis requires your completed tax information for the previous year to determine your eligibilty and amount of need-based aid that you qualify for.
Q: Do I have to reapply for financial aid every year?
A: Yes. You will be required to complete a Renewal Application that will be processed to determine the need-based aid you qualify for the upcoming academic year. This will be based on the previous tax year.
Q: If I received an outside scholarship. Should I report it to the financial aid office?
A: Yes. If you qualify for any form of need-based aid, you are required to report any and all scholarships you have received to the financial aid office.