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2019 FAFSA Now OPEN
Click here to access the FAFSA website.
It's hard to believe we are already almost a fourth of the way through your senior year. As you take the steps to prepare and plan for your future, completing the FAFSA is one important item on your to do list.
The FAFSA is the financial aid form for accessing grants, federal student loans and work-study funds. Filling out the Free Application for Federal Student Aid, known as the FAFSA, is one of the most important steps students and their families can take to pay for college.
Even if you do not know for certain your post-secondary educational plans, filling out the FAFSA will help you have a better understanding of the financial support you may have to help pursue higher education.
As you work to complete the FAFSA, as well as the many other items on your to do list senior year, it is important to remember that we are here to help in any way needed.
Sincerely,
Krum High School Counselors
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https://khs.krumisd.net/apps/pages/index.jsp?uREC_ID=430447&type=d&pREC_ID=1197460What will I need to fill out the FAFSA?
To complete the Free Application for Federal Student Aid (FAFSA), you will need:
- Your Social Security Number
- Your Alien Registration Number (if you are not a U.S. citizen)
- Your federal income tax returns, W-2s, and other records of money earned. (Note: You may be able to transfer your federal tax return information into your FAFSA using the IRS Data Retrieval Tool.)
- Bank statements and records of investments (if applicable)
- Records of untaxed income (if applicable)
- An FSA ID to sign electronically.
Providing Financial Information
The FAFSA form asks for financial information, including information from tax forms and balances of savings and checking accounts.
- If you are filling out the 2018–19 FAFSA form, you will need 2016 tax information.
- The 2019–20 FAFSA form, which will be available Oct. 1, 2018, will ask for 2017 tax information.
Note: If your family’s financial situation has changed dramatically since filing taxes, you should complete the FAFSA questions as required, submit the FAFSA form, then contact the school you plan to attend and discuss your situation with the financial aid office.
Signing and Submitting the FAFSA® Form
Before your FAFSA form can be processed, you’ll need to sign and submit the application. Here are some tips as you finish your FAFSA form:
- Be sure to sign with your FSA ID (your username and password) so your FAFSA form will be processed as quickly as possible. (If you log in to the form by providing your FSA ID, you won’t be asked for it again when it’s time to sign. However, if you’re providing parent information, one of your parents will be required to sign your application.)
- Once you see your confirmation page, you’ll know you’ve successfully submitted your FAFSA form. If you provided an email address on the form, you’ll automatically receive the confirmation page by email. There are a few differences between the emailed confirmation and the one you’ll see on fafsa.gov before exiting the application, so consider printing or saving your confirmation page before you exit. For example, the emailed confirmation won’t include the college graduation, retention, and transfer rates for schools you listed on your FAFSA form.
- When you fill out the FAFSA form, you’re also automatically applying for certain state financial aid. In some cases, the state requires an additional application in order to determine your eligibility for state aid. There are some states that have a partnership with our office that allows you to transfer your information directly into your state aid application, so if you see a link from your FAFSA confirmation page to your state financial aid application, you should select it. (Please note that the link won't appear on the emailed confirmation page, so be sure to take advantage of it while you're still at the original confirmation page.)
- Your confirmation page offers the option for the parent information in your FAFSA form to be transferred automatically into another student’s application. So if you have a sibling who needs to fill out a FAFSA form, be sure to use this option when you see your confirmation page. (Please note that the link won't appear on the emailed confirmation page, so be sure to take advantage of it while you're still at the original confirmation page.)
Listing Colleges and/or Career Schools
While completing the FAFSA form, you must list at least one school to receive your information. The schools you list will use your FAFSA information to determine the types and amounts of aid you may receive. Use the Federal School Code Search to find the colleges you’re interested in including on your FAFSA form.
For purposes of federal student aid, it does not matter in what order you list the schools. However, to be considered for state aid, some states require you to list schools in a particular order (for instance, you might need to list a state school first). Find out whether your state has a requirement for the order in which you list schools on your FAFSA form.
You can list up to 10 schools on fafsa.gov or up to four schools on a paper FAFSA form. (You can add more schools to your FAFSA form later.) Schools you list on the application will automatically receive your FAFSA results electronically.
Note: Schools will not be able to see which other schools you listed on your FAFSA form.
You should add any school that you plan on applying to, even if you haven’t been accepted yet. In most cases, once a school accepts you, they will then work on developing your aid offer.
How can I check to see whether my FAFSA® form has been processed?
You can check the status of your FAFSA form immediately after submitting it online. You can check the status of a paper FAFSA form after it has been processed (roughly 7–10 days from the date mailed). Here’s how:
- Option 1: Go to fafsa.gov and log in.
- Option 2: Contact the Federal Student Aid Information Center.
If your FAFSA form is still being processed, we recommend that you wait a few days before checking the status again.
What to Do If Your Parents’ (or Your) Marital Status Has Changed Since Taxes Were Filed
Here are some tips for this type of situation using the example of the 2018–19 FAFSA form:
- The FAFSA form asks for marital status “as of today" (the day it’s filled out). So if the student or parent is married now but wasn’t in 2016 (and therefore didn’t file taxes as married), the spouse’s income will need to be added to the FAFSA form.
- Similarly, if the student or parent filed 2016 taxes as married but is no longer married when filling out the FAFSA form, the spouse’s income will need to be subtracted.
- And if the student or parent was married when filing 2016 taxes, then got divorced and is now married to someone else, there’s a bit more math to do: Subtract the ex’s income, then add the new spouse’s income.
Krum High School Counseling Department
Angela Borchardt, students L-Z
Brenda Morrow, registrar
Website: https://khs.krumisd.net/apps/pages/index.jsp?uREC_ID=430447&type=d&pREC_ID=938367
Location: 700-A Bobcat Blvd, Krum TX 76249
Phone: (940)482-2601