3 FAFSA secrets to help you get the most financial aid

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Chances are, if you are watching this, you’ve heard of the FAFSA before. Short for the Free Application for Federal Student Aid, the FAFSA helps colleges to determine eligibility for Federal and State financial aid. In this video, I’m going to share 3 secrets to help your student get the most from their FAFSA scholarship.
00:00 Intro
00:52 FAFSA
02:15 Apply early
05:23 Always fill out FAFSA
07:36 Apply yearly
FAFSA playlist: • FAFSA
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P.S. International Students - This information is meant for US citizens and/or residents in the United States. While many of the tips will be helpful for you (i.e. how to write a well-written essay), we are not specialized in international student scholarships.

Опубликовано:

28 июн 2024

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Комментарии : 106

@craigwilcox2264 Месяц назад

I was a 32-year-old homeless US Army veteran, and they wanted my parent's income information in graduate school. I'd never been asked for that at my undergraduate school. It reduced my student aide so severely that I could never afford housing and lived in my car through my entire MS degree.

@katherinecaba7984 День назад

😢

@kimvisser2766 Год назад

Gosh I wish I had found your video years ago! So so helpful!

@TheScholarshipSystem Год назад

Glad it was helpful!

@shalomshalom1000 11 дней назад

Thank you for the information 😊

@TheScholarshipSystem 10 дней назад

My pleasure 😊

@candacep778 Год назад

Great video. You do such good work! Can you give an example of a college that provides “Gap” funding? I’d love to see if I can direct my kids!

@TheScholarshipSystem Год назад

It can be called different things at different schools, but here is an example: www.albemarle.edu/costs-paying-for-college/types-of-aid/foundation-scholarships/gift-aid-program-scholarship/

@mb63gts66 5 месяцев назад

Glad to have found you, wish we would have years ago. Do you have any videos on how current college students can apply for scholarships? Both of my kids received scholarships, however, they went to a local CC and will be graduating with their AA degrees soon. We're looking for info on how to fund their BA pursuits and ensure if the application process works any differently than the process we followed while they were still in HS as well as tips/tricks to get funding.

@TheScholarshipSystem 5 месяцев назад

This article may be helpful: thescholarshipsystem.com/blog-for-students-families/how-to-pay-for-college-as-a-transfer-student/

@HoudaBeautyOfficielle 2 месяца назад

thank you for the video, I loved it very much, and I want to know if a green card holder can fill out FAFSA? he's a person who just arrived in the US, he never filled out taxes, and already has a master's degree in chemistry in his home country, but wants to study MLT in a community college full-time. he's living with his cousin and has one income of about $2000 per month. so is he eligible and will he be able to get a grant to cover his studies??

@TheScholarshipSystem 2 месяца назад

Yes a green card holder qualifies for FAFSA-federal funding. However, he may not qualify for state grants since he may not fulfill the state residency requirements yet. He could contact the community college's financial aid office for more guidance.

@georgebaileysgal5718 6 месяцев назад

Wow- Thank you for this video. I am new to all of this. Trying to help my daughter. Just learned that FAFSA form for the Fall 2024 year is not yet avail, but should be coming out SOON, sometime in Dec. Do you concur? Also, we are self employed, so it makes things just a touch more difficult. Any tips there? Thank you so much! So glad I found this video. Now to check out your vids on scholarships and everything else.... TY

@TheScholarshipSystem 6 месяцев назад

We're glad you found us! FAFSA will be available by 12/31/23. Since you are a small business owner, you may need to appeal to the schools individually once financial aid award letters are sent out.

@iveyd8327 5 месяцев назад

If father and mother are divorced and father refuses to pay for any college - mother is residential parent who child lives with - is there any way to show this circumstance in FAFSA or is al this something to be appealed with individual school? Thank you for this great video. It’s very informative and helpful!

@TheScholarshipSystem 5 месяцев назад

The parent who provides the most financial support will be the parent reporting on FAFSA. Additional financial aid appeal can be done with the school directly, after the financial aid award letter is received.

@ijeomakalu8924 4 месяца назад

How can I add my spouse’s information after fafsa form is submitted

@meganharrison1407 6 месяцев назад

I have probably somewhat of a unique question. I am getting ready to fill out the FASFA with my daughter who is a senior. Our family just recently finalized a divorce. My ex spouse earns a three figure income, but is not able to contribute in any way to my daughters schooling. I am the parent of primary residence, and with my first year teaching income, she would probably qualify for a lot of aid. How are we able to show that my ex spouse is unable to contribute due to massive amounts of debt and fraudulent practices. The government is about to start garnishing his wages for his student loans that have not been paid back. I am very concerned that this is going to hurt my daughter chances at funding her own education!

@TheScholarshipSystem 6 месяцев назад

You'll have to submit the FAFSA using the most correct information that it's asking for - then you'll want to follow up with her financial aid office and file an appeal to have her financial aid based on your current situation.

@markharper3259 Год назад

Hello. I am a pastor and I am given a housing allowance and as a result, I have a lower salary. Is there anything I need to know in entering these items into my daughter's FASA? Thanks for your help.

@TheScholarshipSystem Год назад

The housing allowance should be entered as untaxed income in the parent's section of the FAFSA application. It will be considered as income for FAFSA purposes.

@aperkins07 Месяц назад

I haven't seen fafsa ask for income, but only student assets which seems backwards to me. It would reward irresponsible financial behaviors that way

@TheScholarshipSystem Месяц назад

FAFSA uses the income information from the tax return that was imported, so it doesn't have any income questions.

@delmacorona2615 6 месяцев назад

Great video!! I am separated, but not legally divorced, filing separate, we live in two different states. Does my senior father need to file fafsa as a contributor?

@TheScholarshipSystem 5 месяцев назад

For students whose parents are divorced or separated, the Custodial Parent on FAFSA will be the parent who provides the most financial support.

@watchandlearn23 4 месяца назад

I change my change job into lower salary this year 2024.. how can I show that my income is lower now this year 2024.. thank you to your video I learned. Angelo

@TheScholarshipSystem 4 месяца назад

You will have to appeal to each school and let them know of your change.

@danaclark1237 2 месяца назад

Please explain where I can find more info on the Gap scholarships you mentioned.

@TheScholarshipSystem 2 месяца назад

You would want to contact the financial aid department at the college(s) you are looking at. Not all colleges offer gap scholarships (and it might be called something different at different schools) but it is always worth looking into.

@leslietaylor7968 5 месяцев назад

my husband is older and receives Social Security check, daughter has also been getting money from social security. does that need to be listed or will that automatically come up on the 2022 taxes?

@TheScholarshipSystem 5 месяцев назад

Most untaxed items have been removed from the FAFSA application. If Social Security is taxable and/or appears in your tax return, that will be reported to FAFSA since all tax return data will be imported and considered for FAFSA purposes.

@user-wc1ei7rt8v 5 месяцев назад

I have a hard of hearing student going into her senior year of college. Do you have any scholarships available for students with disabilities? So far we have received no help for the first 3 years. We didn't realize there was resources like this as her high school was not the best. Thank you

@TheScholarshipSystem 5 месяцев назад

This article may help: thescholarshipsystem.com/blog-for-students-families/22-scholarships-for-students-with-learning-disabilities/

@berniceginyard7339 3 месяца назад

I retired in Oct of 2022 and my husband was already retired. We both have pension would this change our fafas form?

@TheScholarshipSystem 3 месяца назад

Pension income is reported on FAFSA via your tax return. If it shows up as income in your tax return, it will be considered for FAFSA purposes.

@StephanieFrey-db3yb 3 месяца назад

This is my second year applying to FAFSA, (my kids are a sophomore and Junior transfer). This year I don't have access to update my total cash, savings and checking account, current net worth or my ex husbands information. Is this part of the new system? Also, my last name is spelled wrong and when I go to correct it it states this action will temporarily disable my application. Thank you for your help.

@TheScholarshipSystem 2 месяца назад

Corrections will be made available later in April. Some families don't need to report assets if their income is under a certain amount.

@lorenaperez9807 2 месяца назад

My daughter was accepted in UCLA, USC , Berkeley , my husband and I we made 140k ( not her dad ) FAFSA told her us not elegible for any help it breaks my ❤ see her crying

@TheScholarshipSystem 2 месяца назад

FAFSA only awards federal based aid. Schools can provide additional state and school based aid. You won't really know the final financial picture until receiving the financial aid award letter.

@Stingrey1977 15 дней назад

This system is sooo bad! Kill the dreams with of those who really want to go to college. Sad

@idkmaybe5148 День назад

140????? That’s a lot

@abelalfaro5101 2 месяца назад

Can we apply now, but what are the chances to get any help from the government for the 2024 -2025 school year?

@TheScholarshipSystem 2 месяца назад

Very high. This year FAFSA processing has been delayed. So many schools are just receiving student information. Most school's Financial Aid Award Letters have not been sent out yet.

@megancove7922 9 месяцев назад

I am an US citizen and file taxes but by husband is a non residential alien? Do we have to share his income/assetts?

@TheScholarshipSystem 9 месяцев назад

Yes. FAFSA looks at married parent's financial information, regardless of tax filing status or immigration status. (Nonresident aliens residing/working in the US should be filing taxes with an ITIN#.)

@megancove7922 9 месяцев назад

my husband doesnt earn any money in US tho? only in a foreign country. @@TheScholarshipSystem

@abelalfaro5101 2 месяца назад

Good evening, Our son graduated in 2020 during the PANDEMIC. He graduated with 3.2 GPA and did not continue with the university. Now, he wants to continue with his education. Now, it is April 16 2024, should we wait until October to apply for FATSA for 2025 - 2026 fall year? He wants to start with a community college 2 years and university. What do you suggest? Thank you

@TheScholarshipSystem 2 месяца назад

It's still not too late to apply for the 2024-2025 school year. Many community colleges accept FAFSA until June or so! Contact the school's financial aid office for deadline information just to make sure.

@analyortiz8907 29 дней назад

Do I need to have really low financial income in order to qualify?

@TheScholarshipSystem 28 дней назад

Federal awards do have income limits to qualify. However, schools have ultimate say on other awards they can issue out. But they need FAFSA information to determine that.

@jamekathomas5120 Год назад

My daughter has a very specific in her type of school and major. She our scholarship search be as specific?

@TheScholarshipSystem Год назад

You can make it specific but also consider searching for scholarships based on other factors - location, hobbies, sports, etc.

@lesliemcwhirter4730 Год назад

When my child attends graduate school, do we file the FAFSA?

@TheScholarshipSystem Год назад

Yes - but they will mostly be eligible for just student loans.

@anastasiaclaude6217 2 месяца назад

Hey I applied and received a response from my school, but when I applied I didn’t think I’d live on campus. How do I change that? Or is that even possible to revise?

@TheScholarshipSystem 2 месяца назад

You will have to contact your school's financial aid office to see if they want you to update FAFSA or if the school can update it themselves.

@camilaamorim701 8 месяцев назад

Hi, I have green card but I don`t have tax record in US yet. I just move in to US a month ago. Can I apply for FAFSA?

@jenniffermontoya8042 2 месяца назад

Same question here. Did you get it ?

@punampatil8260 3 месяца назад

Hii I am unable to access 2023-24 fafsa form. whenever, i am trying to access form, the website shows that the form is not available we are working on the issue. do you have any idea? what's going on with website and why i am not able to access the form?

@TheScholarshipSystem 3 месяца назад

FAFSA has been undergoing a lot of maintenance and updates because of the 2024-2025 changes. If you still have issues, you may consider contacting your school to see if they have additional guidance or an alternative application form.

@jessielynnbenton 19 дней назад

I qualified for the max amount of fasfa but the school only allowed me to accept 2270 and then made me take the test in loans even though the fasfa would have almost fully covered the tuition they also wouldn’t let me take the full amount of loans to have money to live on is there anything I can do

@TheScholarshipSystem 19 дней назад

You might want to contact your school's financial aid office to find out why there is a difference from FAFSA award amounts vs what the school offered you. You may want to appeal the offer and explain your situation.

@tiffanyziegler 4 месяца назад

Is there a way to get grant for a tech school ?

@TheScholarshipSystem 4 месяца назад

As long as a tech school is accredited and they are not a for-profit school, they may qualify for FAFSA. Check with the school to see if they accept the FAFSA application.

@daniraaleman3387 5 месяцев назад

I want my daughter to change it to independent because she is 18 now but she doesn’t have a job so if will affected her

@TheScholarshipSystem 5 месяцев назад

It is not easy for an 18 year old student to be independent for FAFSA purposes. Here is more information. studentaid.gov/apply-for-aid/fafsa/filling-out/dependency

@kerele4843 10 месяцев назад

So just to clarify, do i apply for fafsa every year i’m in college?

@TheScholarshipSystem 10 месяцев назад

yes.

@user-sl4ql7qu7f 5 месяцев назад

I have twins going to separate schools. Is there any help or relief for Mia's parent with twins?

@TheScholarshipSystem 5 месяцев назад

Unfortunately, the new FAFSA does not consider multiple children in college. The Student Aid Index is for each individual child. However, an appeal can be done at the school level, and colleges can take that into consideration so that they consider awarding more aid.

@tonyjordan8583 2 месяца назад

Hi….im applying for fafsa soon but didn’t file for some reason my 2021 tax returns. What do I do???? Do I have to file for fafsa? I have to mail in the returns which is gonna put me past my deadline

@TheScholarshipSystem 2 месяца назад

For 2024-2025 academic year, FAFSA requires 2022 taxes. Not 2021. So as long as 2022 taxes are done, you should be fine.

@user-zm6yi2bw7u Месяц назад

Hello, I haven't filed my 2022 tax return . I have to paper file now but my income has decreased significantly. What should I do

@gabriellim8522 9 месяцев назад

If a rental property is under an LLC, does it have to be listed as an asset?

@TheScholarshipSystem 9 месяцев назад

If you are a member/owner of the LLC, yes.

@joyss1042 3 месяца назад

Can my cousin living in California be the legal guardian so my daughter can apply in financial aid in California?

@TheScholarshipSystem 2 месяца назад

Students need to prove residency to qualify for in-state financial aid.

@libertyrodriguez1355 2 месяца назад

Does it matter where you live in order to get aid.

@TheScholarshipSystem 2 месяца назад

US citizens and US residents qualify to apply for FAFSA, regardless of where they live. However, some states have additional criteria to qualify for state-based aid.

@ndayembidi6781 2 месяца назад

What about if you are online student. Can you still apply for this kind of financial aid?

@TheScholarshipSystem Месяц назад

If your online school is a Title IV school, that means it accepts the FAFSA. You can check if your school participates here: fsapartners.ed.gov/knowledge-center/library/resource-type/Federal%20School%20Code%20Lists

@ndayembidi6781 Месяц назад

@@TheScholarshipSystem thanks

@haleighhowland 9 месяцев назад

Did I hear that correctly October of 2023 the application for 2024 will open?

@TheScholarshipSystem 9 месяцев назад

At the time of recording, the filing start date was October. However, the new FAFSA filing date is December 2023 for the 2024-2025 academic year.

@estebancheca1882 6 месяцев назад

My daughter is a US Citizen (she lives in the US). My wife and I aren’t US Citizens (we don’t live in the US). She isn’t considered “Independent “ but, since we don’t live in the US, as we understand, she doesn’t qualify for many Financial Aid or Loans. Any suggestions on resources she can look to see her chances to be awarded Financial Aid or Loans?. We don’t have the resources to pay for all her financial needs to go through a Public University.

@fame2394 Месяц назад

Does this work for high school?

@TheScholarshipSystem Месяц назад

Yes. For HS seniors attending college the following year.

@amarakanneh3840 3 месяца назад

Are foreign students from Africa qualified for this process?

@TheScholarshipSystem 2 месяца назад

No. FAFSA is for US residents and citizens.

@jay5729 2 месяца назад

Can you fill out FAFSA earlier? We would like to start applying for scholarships this Summer and many require FAFSA forms.

@TheScholarshipSystem 2 месяца назад

FAFSA is filled out fall of senior year of high school and for every year in college. Unfortunately, FAFSA is not for other grade levels in HS.

@estherwanjiru5297 6 месяцев назад

How is the financial information important

@TheScholarshipSystem 6 месяцев назад

Financial information is used by colleges to award financial aid to pay for college.

@user-dx6kp9fs5p 4 месяца назад

Do we need to complete CSS if none of the scholo s applied to look at it?

@TheScholarshipSystem 4 месяца назад

No. Only certain schools require the CSS profile. You can see which schools require it here: profile.collegeboard.org/profile/ppi/participatingInstitutions.aspx