Recording of FSA webinar on October 25, 2023
This webinar will help participants learn about federal financial aid eligibility, how to create an FSA ID, key changes, and how to complete the 2024-25 FAFSA form.
Request PDF of slides:
Learn more about Federal Student Aid:
Learn more about Federal Student Aid Estimator:
Create a StudentAid.gov account/FSAID:
00:00 Welcome/Intro
01:30 Learn Basics of Applying for Federal Student Aid
02:55 Federal Student Aid Eligibility
07:15 Introduction to Better FAFSA, Better Future
09:10 Identifying your FAFSA Contributors
10:25 New to FAFSA Form: Consent and Approval
13:32 Who is a Contributor
16:00 Dependency Status and Contributors
24:00 Introducing Provisional Independent Status
29:12 Students with Special Circumstances
33:21 Prepare Your Contributors
40:30 Understanding how to fill out the FAFSA form
42:55 What to Expect After Submitting the FAFSA Form
48:00 Q&A…(read more)
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It’s never too early to start preparing for the Free Application for Federal Student Aid (FAFSA) for the 2024-25 academic year. As October 2023 rolls around, it’s the perfect time to start thinking about how you can maximize your financial aid opportunities and set yourself up for success.
To help students and their families navigate the FAFSA process, many colleges and universities host Financial Aid Bootcamps in the fall. These events are designed to provide students with the tools and information they need to successfully complete the FAFSA and understand their financial aid options.
One of the key components of these bootcamps is understanding the FAFSA form itself. The FAFSA is used to determine a student’s eligibility for federal, state, and institutional financial aid, including grants, scholarships, and loans. By completing the FAFSA, students can access resources to help fund their education and reduce the burden of student loan debt.
During the Financial Aid Bootcamp, experts provide guidance on gathering the necessary documents and information needed to complete the FAFSA accurately. This can include tax returns, W-2 forms, bank statements, and other financial documents. By preparing these materials ahead of time, students can streamline the FAFSA application process and ensure they are providing accurate information.
Additionally, Financial Aid Bootcamps often offer workshops and presentations on topics such as understanding the financial aid award letter, navigating the scholarship application process, and identifying alternative funding sources. These resources can help students make informed decisions about their financial aid options and maximize their aid package.
Another valuable aspect of the Financial Aid Bootcamp is the opportunity to receive one-on-one assistance from financial aid professionals. Students and their families can ask questions, seek advice, and receive personalized support in completing the FAFSA and understanding their financial aid options. This individualized attention can help alleviate any confusion or concerns about the financial aid process and ensure that students are making the most of their opportunities.
As students prepare for the 2024-25 FAFSA, it’s essential to take advantage of the resources and support offered through Financial Aid Bootcamps. By attending these events, students can gain the knowledge and confidence they need to successfully navigate the financial aid process. With careful preparation and proactive planning, students can set themselves up for success in securing the financial resources they need to pursue their educational goals.
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