You may be eligible for aid but You

You may be eligible for aid, but. . • You must apply to find out! § We can’t guarantee aid if you do apply, but we can guarantee you won’t receive aid if you don’t apply. • FAFSA. ed. gov • FAFSA. gov

Types of Financial Aid • • Gift Assistance • Scholarships • Grants Self-help • Loans • Employment

Eligibility for Aid • • Based upon an analysis of data provided on the Free Application for Federal Student Aid (FAFSA). Many institutions require additional information, such as the CSS Profile (http: //profileonline. colleg eboard. com).

Tips to Apply for Financial Aid • Find out what forms are required at each institution. Meet institutions’ filing deadline/priority dates. Apply as early as possible. Use completed tax returns & the IRS Data Retrieval Tool on the FAFSA (use estimated returns to meet deadlines). Link to the PA State Grant Form from the FAFSA • Complete all questions on each form. • Keep copies for your records. • •

How to Apply • Free Application for Federal Student Aid (FAFSA) • Paper version (1 -800 -4 -FEDAID) • • FAFSA on the web • • FAFSA. ed. gov or FAFSA. gov Renewal application • Completed after the first-year.

Common FAFSA Errors • • Student SSN, DOB or name. Parent SSN, DOB or name. Mother/Father earnings left blank. Federal income tax not reported correctly. Untaxed income not reported correctly. Number of people in parents household or number of dependents in college. Missing appropriate signature(s)/PINs.

Pin Registration Site • • www. pin. ed. gov Requested information: • Name • Social Security number • Date of Birth • Mailing address • Email address

Use of Pin • • • Sign your FAFSA on the web electronically. Review and correct answers on your electronic Student Aid Report (SAR). Print a copy of your SAR. Electronically sign loan promissory notes. Reapply for student aid every year you are in school. View information about federal loans and grants you’ve received.

Needs Analysis Formula • • • Family contribution is based on family size, number in college, income, and assets. Measures ability, not willingness to pay. Family’s financial circumstances are taken as they are at the time of application.

Financial Aid Award Example Cost of Education - Family Contribution = Need $30, 000 $6, 000 = $24, 000 College Scholarship PA State Grant College Grant Stafford Loan Work Study Total $12, 500 $ 3, 300 $ 3, 500 $ 1, 150 $23, 950

FAFSA 4 caster • • Early estimate of federal aid Prepopulates FAFSA - saves time Calculates estimated expected family contribution (EFC) http: //Federal Student Aid. ed. gov n Net Price Calculator ∙ Available on each college’s website

Questions? Jean Stone Associate Director of Financial Aid Gettysburg College jstone@gettysburg. edu 717 -337 -6659 Sandy Pitzer Student Services Specialist - Financial Aid HACC – Gettysburg Campus skpitzer@hacc. edu 717 -337 -3855, ext. 3030