Week2 powerpoint
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Week2 powerpoint






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Week2 powerpoint Week2 powerpoint Presentation Transcript

  • Applying for and Following up with Financial Aid
    T. Gould
  • Applying for Financial Aid
    Click on the picture below to watch a 5 minute video on Financial Aid.
  • Complete the Free Application for Federal Student Aid (FAFSA)
    Step 1:
  • Things you will need to complete the FAFSA
    Your Drivers License
    Your Social Security Card
    Last years tax returns
    Last years W’2s
    Step 1 Cont.
  • Prior to completing the FAFSA information online, it is a good idea to use the FAFSA worksheet so you know what will be required
    Step 2
  • The form will look very similar to the electronic form that you will complete at the FAFSA website.
    Step 2 Cont.
  • Create a pin number for your FAFSA
    Needed for electronic signature
    If you are filing as a dependent, parents will need a pin also
    Step 3
  • Make sure to include school code (002251)
    Sign Form
    Print signature page and mail in
    Step 4
  • School listed will receive Student Aid Report (SAR)
    If signed electronically 2 -3 weeks
    If printed signed form mailed in 5 -6 weeks
    You will receive SAR
    If signed electronically 2 -3 weeks
    If printed signed form mailed in 5 -6 weeks
    In your SAR, your Estimated Family Income (EFC) will be listed
    Step 5
  • You will receive an email sent to your college email with what your eligibility will be
    Step 6
  • Your email will state that you:
    Have been awarded
    Need to submit more information
    Have been Denied and what other options you have
    Step 6 Cont.
  • You’ve been selected for verification
    The government randomly selects student for verification.
    Complete verification form and submit all documentation of income reported on the FAFSA
    Submit copies – all submitted documents will be shred after verification process is completed
    Step 7
  • Complete Verification Form
    With attached copies of Tax returns (must be signed) and W’2s
    Step 7 Cont
  • Apply for Loans
    Subsidized – government pays interest
    Unsubsidized – student pays interest
    Parent Loans
    Complete loan application and turn it in to Financial Aid Office
    Step 8
  • Check MyDelta for Award Letter
    Step 9
  • MyDelta
    Step 9
  • Microsoft Office 2007, (2007). Clip Art Library. Clip Art
    Delta College (2011). MyDelta. Retrieved from https://mydelta3c.delta.edu/WebAdvisor/WebAdvisor?&TYPE=M&PID=CORE-WBMAIN&TOKENIDX=8017067719
    FAFSA.gov (2010). Free Application for Federal Student Aid. Retrieved from http://www.fafsa.ed.gov/#
    FAFSA.gov (2010). FAFSA on the Web Worksheet.Retrieved from http://www.fafsa.ed.gov/fotw1112/pdf/fafsaws12c.pdf
    FAFSA.gov (2010). Federal Student Aid Pin.Retrieved from http://www.pin.ed.gov/PINWebApp/pinindex.jsp
    Fastwebcontent (2008). The Five-Minute FAFSA.Retrieved from http://www.youtube.com/watch?v=kor_9cK593M&feature=player_embedded
    Delta College (2011). 2011-2012 Verification Worksheet.Retrieved from http://www.delta.edu/financial-aid-office/forms.aspx
    Delta College (2011). Federal Direct Student Loan Request/Cancellation Form.Retrieved from http://www.delta.edu/financial-aid-office/forms.aspx