Financial Aid Night

Financial Aid Night
Posted on 09/26/2020

FINANCIAL AID INFORMATION NIGHT

This year, due to the COVID-19 pandemic, a virtual Zoom financial aid night is planned instead of our normal, in-person presentation.

Please tune in on Saturday, October 24 from 9-10 am for SUNY Fredonia's Financial Aid/FAFSA information session.


Please check back with us for the link to the Zoom session.

You may also contact Mr. English by phone at 337-0101, ext. 1311 or by email at benglish@northcollinscsd.org for the link.

 

Purpose of Workshop?

  • Assistance in preparation and filing your FAFSA
  • Learn about the financial aid process, types of loans, scholarships, and grants
  • Start and complete your 2018-19 FAFSA with a trained professional available to help

What is FAFSA?

  • Completing a FAFSA is the first step in applying for most federal, state, and college-provided financial aid for students. It stands for Free Application for Federal Student Aid because it is filed with the US Department of Education, but most state-sponsored and college-sponsored aid requires the same FAFSA filing, so it is not only for federally sponsored student aid as the name might imply.
  • The FAFSA is used by aid providers to determine the amount of the student's Expected Family Contribution (EFC), which is the amount that they expect the student's family could contribute toward the student's college education. EFC varies from student to student since it is based on the specific financial situation of the student and often of the student's parents as well.
  • The FAFSA is often 100+ questions long and can cover various areas such as the student's family situation, the student's educational background, the student's educational plans and prospective colleges, the student's finances, the student's spouse's finances, and the student's parents' finances. Whether or not parent financial information is required depends on whether or not the student is determined to still be a dependent of one of their parents.
  • Once the FAFSA application is completed and filed, a federal processor will examine all the information provided and pass the examination results on to the financial aid offices of the preferred colleges listed on the FAFSA.
  • In short, the FAFSA is often the first step in applying for your share of the billions of dollars in student financial aid that are available every year, including scholarships, grants, low-interest loans and work-study
  • Also, you should log into https://fsaid.ed.gov/npas/index.htm and retrieve a FSA User ID prior to the event, and have a copy of prior year income tax information on hand.
 
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