Types of Financial Aid include grants, scholarships (HOPE), work study programs and loans.

2017-18 FAFSA Available October 1, 2016 www.fafsa.gov (VERY IMPORTANT!) Students AND parents possessing valid Social Security Numbers must create FSA ID usernames/passwords (fsaid.ed.gov) to sign electronically Most students and parents will submit FAFSA using IRS Data Retrieval Tool to upload 2015 tax information

Reasons for Change Reason #1: Alignment Many college admissions application deadlines occur in the fall Financial aid application done at same time = less confusion Reason #2: Certainty No need to estimate tax info IRS Data Retrieval Tool available immediately Earlier receipt of Expected Family Contribution (helps with assessing net costs) Reason #3: Less Pressure More time before state and school deadlines More time to compare schools before College Signing Day

State Deadlines TSAC Financial Aid Programs 2016-17 college year FAFSA deadlines ‘16-’17 application deadline window 2017-18 college year ‘17-’18 application deadline window Promise 02/15/2016 46 days 01/17/2017 109 days TSAA 03/01/2016 61 days HOPE 09/01/2016 245 days 09/01/2017 336 days

FSA ID Student and parent should keep record of usernames, passwords, and challenge question answers

*Required *Click Show Text

*Required mm/dd/yyyy *Click Show Text

*Click Show Text *Must create mm/dd/yyyy

FSA ID Issues Login to fsaid.ed.gov using the “Edit My FSA ID” tab and review/update your info. Contact FSA at 1.800.433.3243

FAFSA Checklist Student’s Social Security Number and alien registration card (if applicable) Parent(s)’ Social Security Number(s) Student’s driver’s license number 2015 tax information for student and parent(s) Records of 2015 untaxed income, such as child support and veterans noneducation benefits Information on checking and savings account balances; investments; and business and farm assets

FAFSA 101 A student must possess a valid SSN and be a U.S. citizen or an eligible noncitizen as defined by FAFSA… A U.S. permanent resident, with a Permanent Resident Card (I-551), or a conditional permanent resident with a Conditional Green Card (I-551C) Other eligible noncitizen with an Arrival-Departure Record (I-94) from the Department of Homeland Security showing any one of the following designations: “Refugee,” “Asylum Granted,” “Parolee” (I- 94 confirms that you were paroled for a minimum of one year and status has not expired), T-Visa holder (T-1, T-2, T-3, etc.), or “Cuban-Haitian Entrant” The holder of a valid certification or eligibility letter from the Department of Health and Human Services showing a designation of “Victim of human trafficking” A resident of the Republic of Palau (PW), the Republic of the Marshall Islands (MH), or the Federated States of Micronesia (FM) A Canadian-born Native American under terms of the Jay Treaty

FAFSA 101 A student will NOT qualify for federal or state aid if he or she has… Been granted Deferred Action for Childhood Arrivals (DACA) A F1 or F2 student visa A J1 or J2 exchange visitor visa A G series visa (pertaining to international organizations) Other categories not included under U.S. citizen and eligible noncitizen

FAFSA 101 Selective Service – males only; register me Grade level – never attended college/1st yr. Degree – 1st bachelor’s degree, associate degree, certificate or diploma Work-study – yes Dependency status – “Do I Have To Provide My Parents’ Info? Parent information – “Who Is My Parent? FAFSA help line 1-800-433-3243

Do I have to Provide Parent Info? 24 or older or married Working on a Master’s or Doctorate degree Have a child that is receiving 50% support Since you were 13, both parents deceased, in foster care or a ward of the state Unaccompanied homeless youth that is self supporting Veteran of the armed forces

FAFSA 101 Selective Service – males only; register me Grade level – never attended college/1st yr. Degree – 1st bachelor’s degree, associate degree, certificate or diploma Work-study – yes Dependency status – see “Do I Have To Provide My Parents’ Info On The FAFSA” infographic

FAFSA 101 The following people are NOT your parents unless they have legally adopted you… Widowed Stepparent Grandparents Foster Parents Legal Guardians Older Brothers or Sisters Aunts or Uncles

FAFSA 101 Parents who do NOT possess valid SSNs… Will NOT be able to create FSA IDs Will enter 000-00-0000 as their SSNs on the FAFSA Must select “print a signature page” option, print, sign, and then mail the signed page for student’s FAFSA to process

FAFSA 101

IRS Data Retrieval Parents who do NOT possess valid SSNs… Will NOT be able to create FSA IDs Will enter 000-00-0000 as their SSNs on the FAFSA Must select “print signature page,” sign and date, and mail the signed page for student’s FAFSA to process

IRS Data Retrieval

IRS Data Retrieval Parents who do NOT possess valid SSNs… Will NOT be able to create FSA IDs Will enter 000-00-0000 as their SSNs on the FAFSA Must select “print signature page,” sign and date, and mail the signed page for student’s FAFSA to process

Verification Verification is the process by which the federal government asks students and their parents for additional information to verify the accuracy of FAFSA information. If you are selected for verification, you are not alone! About 30% of students are chosen to complete this process.

Verification Verification is the process by which the federal government asks students and their parents for additional information to verify the accuracy of FAFSA information. If you are selected for verification, you are not alone! About 30% of students are chosen to complete this process.

Verification Verification is the process by which the federal government asks students and their parents for additional information to verify the accuracy of FAFSA information. If you are selected for verification, you are not alone! About 30% of students are chosen to complete this process.

IRS Data Retrieval Who may not be able to use IRS Data Retrieval Tool if the following applies to them Filed taxes as married filing separately Married and filed taxes as Head of Household Filed an amended tax return The address on the FAFSA is different from the address on your tax return Current marital status is different than it was the previous year Filed a Puerto Rican or foreign tax return Parent marital status is “unmarried and both parents living together”

Student Aid Report Notification of FAFSA processing results via e-mail (if provided on FAFSA) or paper (if e-mail not provided on FAFSA) or login to www.fafsa.gov Review data for accuracy If any changes in income, contact college’s financial aid office SAR will also indicate whether the student has been selected for verification

Verification Verification is the process by which the federal government asks students and their parents for additional information to verify the accuracy of FAFSA information. If you are selected for verification, you are not alone! About 30% of students are chosen to complete this process.

Verification Process At most institutions, the verification process must be completed before financial aid can be awarded including most of our state funded programs. Some institutions may give the student the option of not completing the verification process if they ONLY wish to receive Tennessee Lottery HOPE Scholarship.

Documentation To verify the elements, you may be asked for the following documents; however, this is not a complete list. Some documents requested will be based on a family’s individual case. The prior year tax transcripts for both parent and student, if the student is dependent OR preferably, use the IRS Data Retrieval Tool from your FAFSA Verification Worksheet W-2s showing wages (parent and student if the student is dependent) Statement of child support paid Verification of Net Worth Documentation of Food Stamps/SNAP Benefit

Deadlines Delays in sending documentation may result in student’s not having their financial aid by the time that fees must be paid each semester Tennessee Promise students selected for verification must submit all requested documentation by August 1 Deadlines may vary from one institution to another one During peak processing times, allow extra time for processing the verification documents

Federal Student Aid 1-800-433-3243 TSAC help 1-800-342-1663 Federal Student Aid 1-800-433-3243 https://studentaid.ed.gov

Help! Motlow State Community College Smyrna Campus will be hosting a FAFSA/TN Promise application event on Saturday, October 1st from 10:00am – 1:00pm. You can also contact Financial Aid office at the college you will be attending.