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FAFSA Video and Important Information

This is a new video from Alabama Possible to help with FAFSA Completion.  The first part is more for school staff.  If you fast forward to the 3.30" mark - you will begin the section on the FAFSA.
https://youtu.be/LQbfXRZDglc?t=180

Don't forget that the window to begin the FAFSA starts Oct 1.  They will be looking at tax returns and assets from the 2018 tax year.

FSA IDs
Now is the time for your students to create their FSA IDs. By creating the FSA IDs now, you are preparing your students to complete the FAFSA when the portal opens on October 1. Students and families can create their FSA IDs here: https://fsaid.ed.gov/npas/index.htm 

Gathering Documents
You will need several important documents and pieces of information to complete the FAFSA. Before the FAFSA portal opens on October 1, go ahead and collect the following documents: 
  • Student's Social Security Number or Alien Registration Number 
  • Dates of Birth for student and parents/guardians 
  • Parent's Social Security Number (if student is dependent) 
  • Prior-Prior Year Tax Returns 
  • Records of untaxed income 
  • Benefits like Social Security, Disability, SNAP, TANF, etc. 
  • Information on cash, savings and checking account balances, real estate assets (not including home)

Completing the FAFSA
The most common way to complete the FAFSA is online at fafsa.gov. Students can login and complete the FAFSA for the 2020-2021 school year beginning next Tuesday, October 1. 

Types of Financial Aid
It is important for you and your students to understand the different types of financial aid available to them to help pay for academic and technical degrees after college. Here is some helpful information to guide you through the financial aid process: http://alabamapossible.org/types-of-financial-aid/

myStudentAid App & FAFSA4caster
Completing the FAFSA is easier than ever thanks to the new myStudentAid mobile app. You can download the myStudent Aid mobile app here: https://studentaid.ed.gov/sa/about/announcements/fafsa-mobile-options

And don’t forget to take advantage of the FAFSA4caster to help your students prepare for completing the FAFSA on October 1: https://studentaid.ed.gov/sa/fafsa/estimate



https://studentaid.ed.gov/sa/fafsa/filling-out#irs-drt (Comprehensive FAFSA Link)

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