fafsa on the w eb 2014-2015 1. fafsa.gov homepage 2
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FAFSA ON THE WEB
2014-2015
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FAFSA.GOV HOMEPAGE
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IMPORTANT INFORMATION
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APPLICATION TIPS
Am I Dependent or Independent? #1 question students have
Let’s review these questions:
Who is my “Parent”? What if my parents do not want to provide? What if I do not live with my parents? What if my parents do not want to help pay? What if I have no contact with my parents?
APPLICATION TIPS
Am I Dependent or Independent?
A student cannot be determined independent just because:
The parents do not want to provide information on the FAFSA due to privacy concerns
The parents do not feel it’s their responsibility to provide financial assistance for college
The parents no longer claim the student as a dependent on their taxes; or
The student no longer lives at home5
The IRS Data Retrieval continues in 2014-2015
Also available in Corrections
Electronically filed tax return information will be available from the IRS in 1-2 weeks, data from paper tax returns will be available in 6-8 weeks.
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FINANCIAL INFORMATION
IRS DATA RETRIEVAL
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IRS DATA RETRIEVAL
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Once the applicant has successfully authenticated, tax data will be presented and the applicant will have the option to “Transfer” the tax information to the FAFSA
DO NOT FORGET TO SIGN!
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A student & parent can enter their PIN and click “Sign” and the system will retain the signature. Make sure the student and parent sign at the same time for faster processing.
CONFIRMATION PAGE
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VERIFICATION
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There are a lot of changes in the verification policy at all schools
Here is what you need to know:
• Verification is not a bad thing--does not mean student is not eligible
• Department of Education customized verification per applicant
• Possible documentation you will need for school:• 2013 Tax Transcript (IRS document, not Tax Return)• 2013 W2’s from all employers• 2013 Untaxed Income • 2013 Child Support paid documentation• 2013 SNAP documentation• High school completion status• Identity/Statement of Educational Purpose
• Check with each school that you have applied at to determine what documents are needed to comply with their verification policy.
You Can Afford College Events
FAFSA Filing Workshops Monday, February 3rd 2014 — Thursday, February 6th 2014
10:00 am to 6:00 pm in the Dorchester Administration Building, Room D-106
During the workshops, students will be able to:
* Complete the 2014/2015 FAFSA
* Discover sources of financial assistance
* Learn the important application deadlinesPlease bring the following documentation:
* 2012 Federal tax forms* 2013 Federal tax forms (if filed)
* 2013 W2’s, 1099’s, or proof of unemployment* Proof of any untaxed income (child support, SSI, TANF, or worker’s compensation)
Hosted by Chesapeake College
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Financial Aid OfficeLaura Shahan
Specialist & MD State Scholarship Coordinator
Dawn Smith Specialist & Work-Study Coordinator
Mindy SchafferDirector
Shaunda Lane-Sampson
Assistant Director
410-822-5400 ext. 2252www.chesapeake.edu/
finaid
www.facebook.com/ccfinaid
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