Week2 powerpoint


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Week2 powerpoint

  1. 1. Applying for and Following up with Financial Aid<br />T. Gould<br />EDU653<br />
  2. 2. Applying for Financial Aid<br />Click on the picture below to watch a 5 minute video on Financial Aid.<br />
  3. 3. Complete the Free Application for Federal Student Aid (FAFSA)<br />www.fafsa.ed.gov<br />Step 1:<br />
  4. 4. Things you will need to complete the FAFSA<br />Your Drivers License<br />Your Social Security Card<br />Last years tax returns<br />Last years W’2s<br />Step 1 Cont.<br />
  5. 5. Prior to completing the FAFSA information online, it is a good idea to use the FAFSA worksheet so you know what will be required<br />Step 2<br />
  6. 6. The form will look very similar to the electronic form that you will complete at the FAFSA website.<br />Step 2 Cont.<br />
  7. 7. Create a pin number for your FAFSA<br />Needed for electronic signature<br />If you are filing as a dependent, parents will need a pin also<br />Step 3<br />
  8. 8. Make sure to include school code (002251)<br />Sign Form<br />Electronically <br />Print signature page and mail in<br />Step 4<br />
  9. 9. School listed will receive Student Aid Report (SAR)<br />If signed electronically 2 -3 weeks<br />If printed signed form mailed in 5 -6 weeks<br />You will receive SAR<br />If signed electronically 2 -3 weeks<br />If printed signed form mailed in 5 -6 weeks<br />In your SAR, your Estimated Family Income (EFC) will be listed<br />Step 5<br />
  10. 10. You will receive an email sent to your college email with what your eligibility will be <br />Step 6<br />
  11. 11. Your email will state that you:<br />Have been awarded<br />Need to submit more information<br />Have been Denied and what other options you have<br />Step 6 Cont. <br />
  12. 12. You’ve been selected for verification<br />The government randomly selects student for verification.<br />Complete verification form and submit all documentation of income reported on the FAFSA<br />Submit copies – all submitted documents will be shred after verification process is completed<br />Step 7<br />
  13. 13. Complete Verification Form<br />With attached copies of Tax returns (must be signed) and W’2s<br />Step 7 Cont<br />
  14. 14. Apply for Loans<br />Subsidized – government pays interest<br />Unsubsidized – student pays interest<br />Parent Loans<br />Complete loan application and turn it in to Financial Aid Office<br />Step 8<br />
  15. 15. Check MyDelta for Award Letter<br />Step 9<br />
  16. 16. MyDelta<br />Step 9<br />
  17. 17. Microsoft Office 2007, (2007). Clip Art Library. Clip Art<br />Delta College (2011). MyDelta. Retrieved from https://mydelta3c.delta.edu/WebAdvisor/WebAdvisor?&TYPE=M&PID=CORE-WBMAIN&TOKENIDX=8017067719<br />FAFSA.gov (2010). Free Application for Federal Student Aid. Retrieved from http://www.fafsa.ed.gov/#<br />FAFSA.gov (2010). FAFSA on the Web Worksheet.Retrieved from http://www.fafsa.ed.gov/fotw1112/pdf/fafsaws12c.pdf<br />FAFSA.gov (2010). Federal Student Aid Pin.Retrieved from http://www.pin.ed.gov/PINWebApp/pinindex.jsp<br />Fastwebcontent (2008). The Five-Minute FAFSA.Retrieved from http://www.youtube.com/watch?v=kor_9cK593M&feature=player_embedded<br />Delta College (2011). 2011-2012 Verification Worksheet.Retrieved from http://www.delta.edu/financial-aid-office/forms.aspx<br />Delta College (2011). Federal Direct Student Loan Request/Cancellation Form.Retrieved from http://www.delta.edu/financial-aid-office/forms.aspx<br />References<br />