Updated FAFSA Tools Available!

We’ve been busy updating our FAFSA tools to help make the financial aid process as simple as possible for you and your family. Check out our updated tools in the resources section. Updates include:

Finish the FAFSA in 5 Steps breaks the FAFSA process into five simple steps and includes information about the materials needed to complete the form, tools available through online submission and more. It also provides information about additional financial aid resources.

FAFSA Facts offers students and parents must-know facts about the FAFSA including useful terms, when to apply and how to get the most assistance throughout the process.

Dependency Questionnaire lists the questions used to determine your dependency status on the FAFSA. If you answer “Yes” to any one of these questions, you’ll be considered an independent student and will not need to include your parents’ information on the FAFSA.

FAFSA Parent Flyer provides parents with helpful information about FAFSA completion.

Are You Looking for Money? provides helpful information about ways to pay for college including scholarships, grants, work-study and low-cost federal loans.

Fun FAFSA Facts

You may not think submitting the Free Application for Federal Student Aid (FAFSA) is fun, but it’s a necessary tool to help you apply for federal and state financial aid for college. Whether you’ve already completed your FAFSA, or you’re getting ready to start, here are some interesting statistics about this form.

On average, it takes 24.13 minutes to complete the FAFSA from start to finish.

One way to achieve this goal is to have your materials ready before you start the application. Learn what you’ll need for the application in our informational video, Finish the FAFSA in Five Steps.

99% of students nationwide complete the FAFSA online.

While the paper application is an option, families are highly encouraged to complete the FAFSA online to expedite the process and avoid many common errors.

79% of students only list one college on the FAFSA.

Students are allowed to provide up to 10 schools on their FAFSA. The schools listed on your FAFSA will receive your financial results. Adding a school to the FAFSA doesn’t mean you’re committing to attend or even apply to that school, so feel free to add up to 10 schools you may be interested in attending. You may find out you qualify for financial aid through a school program.

StartWithFAFSA.org is your “go to” resource for FAFSA info.

As the financial aid process continues to improve, we’re dedicated to providing you with timely information as it applies to you. We know that the process can be confusing and we’re here to help you make sense of it all. If you find you have questions not answered here, please free to contact us!

FAFSA Online

While you have the option to download a PDF or request a paper version of the 2016-17 Free Application for Federal Student Aid (FAFSA), submitting it online at FAFSA.gov is the recommended method for many reasons.

Benefit #1: Accuracy
The FAFSA online includes guides and alerts that help ensure you’ve entered information correctly. If you make a mistake on a paper application, it won’t be caught until your application is reviewed several weeks later.

Benefit #2: Simplification
The online FAFSA includes a skip-logic feature that, depending on your answers as you complete the form, will automatically skip questions that aren’t relevant to your situation–which simplifies the process and makes completion that much quicker.

Benefit #3: Speed 
By completing online, you also have the option to transfer your required tax information directly from the IRS, reducing the chance of entering an incorrect amount in a data field. And best of all, you’re information is saved, making next year’s application process faster.

Benefit #4: Safety 
If the security of your information is a concern, rest assured that the online application is very well protected and domestic Web browsers are highly encrypted.

So what are you waiting for? Apply for financial aid online today at FAFSA.gov.

What’s a SAR and When Will I Get One?

The Student Aid Report (SAR) is a paper or electronic document that gives you some basic information about your eligibility for federal student aid and lists your answers to the questions on your Free Application for Federal Student Aid (FAFSA).

After you complete your FAFSA, you should receive your SAR from Federal Student Aid. This document will be sent to the email address you supplied on your FAFSA, usually within a few days after you submit the FAFSA. If you haven’t seen it in your inbox by then, be sure to check your spam or junk mail folders. The schools you list on your FAFSA will receive your SAR data electronically and begin the process of outlining your award package, which will include the types and amounts of financial aid you’re eligible to receive.

The SAR contains all data reported on your FAFSA. Read your SAR carefully to make sure all of your information is correct. Most errors can be fixed through your FAFSA online at FAFSA.gov. If there is an error in a field you can’t access, call the Federal Student Aid hotline at 1.800.4 FED AID (1.800.433.3243), or send your question to FederalStudentAidCustomerService@ed.gov.

Your SAR will also tell you if your FAFSA has been selected for verification. If it has, you’ll be given instructions about what to do next. Supplying the information required for verification is mandatory. You can’t receive federal financial aid until the verification process is complete.

Reading your SAR lets you know what’s going on with your financial aid application before you visit a financial aid office. It can help you prepare for your visit by having any necessary documents with you when you arrive. This will save time and reduce the number of visits you’ll have to make to the financial aid office. That’s a win-win situation for everyone!

Are You Looking for Money?

Well, who isn’t? Let’s rephrase to be more specific. Are you looking for money for college? If so, you should check out UCanGo2.org where you’ll find dozens of resources to help you plan, prepare and pay for college. Here are some of the highlights:

UCango2 Find Scholarships Buttong

Find hundreds of scholarships organized by deadline or category, and don’t forget to check back weekly for UCanGo2’s Scholarship of the Week!

 
Are You Looking for MoneyAre You Looking for Money is UCanGo2’s signature financial aid guide with specific information about Oklahoma’s programs. It offers information about grants, scholarships, work study programs, and student loans.

 

Finish the FAFSA in Five StepsFinish the FAFSA in 5 Steps is a step-by-step guide designed to help students and their parents submit the Free Application for Federal Student Aid (FAFSA) in just five simple steps.

 

College Planning ChecklistsWhether you’re in sixth grade or 12th grade, UCanGo2 is here to help you determine your next steps for preparing for college. From what classes to take to when to apply for financial aid, the high school and middle school checklists offer useful information for every student.

 

Bonus! A complete list of our FAFSA tools for students and parents, including FAFSA Facts and the Dependency Questionnaire, can be found in the resources section here at StartWithFAFSA.org/resources.