FAFSA -
Frequently Asked Questions
How
do I obtain the FAFSA forms?
When
should I send in the FAFSA?
Is
it OK to use estimates if I have not completed my taxes yet?
What
is a SAR and how long should it take me to receive it?
Should
my step parent's income be included on the FAFSA?
What
do the SAR acronyms stand for?
How do I obtain the FAFSA form?
You
can obtain the FAFSA form at the public library, from your high school guidance
counselor or from the financial aid office of a local college. You can also call
1-800-4-FED-AID or go to www.fafsa.ed.gov.
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When should I send in the FAFSA?
Send in the FAFSA as soon after January 1 as possible. A
lot of financial aid is disbursed on a first-come, first-served basis so you
don't want to wait too long filing this important form.
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Is it OK to use
estimates if I have not completed my taxes yet?
Absolutely! While it may be ideal to
quickly complete your taxes, you are allowed to use estimates. A word of warning
though. Overstating your estimated income by too much will certainly hurt you.
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What is a SAR and how long should it take me to receive
it?
The SAR is the student aid report and it
is the "output" received from the Federal Student Aid Information
Center when they have processed your FAFSA. If you have not heard back within 4
weeks of filing the FAFSA, call 1-800-4-FED-AID. Have your social security
number and date of birth available for verification.
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Should my
step parent's income be included on the FAFSA?
Regardless of any pre nuptial or other
legal agreements your step parent is indeed legally responsible in the eyes of
FAFSA for your financial aid. As a result, their income must be included on the
FAFSA. (From the government's perspective, the legal agreements are not binding
on them since they did not make the agreement and, as a result, the federal
government views the step parent as responsible for the child's education.
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