Category Archives: UCanGo2 Resources

Oklahoma’s Promise Day

Oklahoma's Promise Day 2017 logo, #KeeptheOKPromiseOklahoma’s Promise allows eighth-, ninth- or 10th-grade students from families with an income of $50,000 or less to earn a college tuition scholarship. Family income may not exceed $100,000 at the time the student begins college and before receiving the scholarship. Students must also complete a specific high school curriculum, achieve at least a 2.50 GPA in the curriculum and overall abide by certain conduct requirements in high school.

On Tuesday, April 18, Oklahoma’s Promise will hold a rally at the State Capitol to celebrate the program’s 25th anniversary. Please join us to show appreciation for Governor Mary Fallin and the Legislature’s ongoing support of the Oklahoma’s Promise program and to encourage elected officials to continue to protect the program’s dedicated funding source. 

The rally will be held at the Oklahoma State Capitol, first floor rotunda at 12:30 p.m. A reception will follow on the fourth floor rotunda at 1:30 p.m.  

Email okpromiseday@osrhe.edu to confirm you will join us for Oklahoma’s Promise Day!

 

The IRS Data Retrieval Tool Remains Down Until October 1

Students, Parents and Educators!

News is circulating today that explains why the FAFSA IRS Data Retrieval Tool was taken offline last month and will continue to be offline until the beginning of the next FAFSA cycle, which is October 1, 2017. Read this article from The Washington Post to learn more.

The FAFSA can still be completed by manually entering your 2015 tax information, however the process may take a little longer.

FAFSA and the IRS Data Retrieval Tool

If you’re working on your FAFSA (Free Application for Federal Student Aid) application and plan to use the IRS (Internal Revenue Service) to download your 2015 income tax figures, you may be out of luck. Currently this option, known as the Data Retrieval Tool (DRT), is unavailable. The IRS and the U.S. Department of Education confirmed that the federal government purposefully shut off the IRS DRT amid security concerns and stated that “the online data tool will be unavailable for several weeks.”

If you’re not familiar with the IRS Data Retrieval Tool, it allows students and parents completing the FAFSA to link directly to the IRS and electronically download tax figures into the FAFSA from their tax return. This process allows families a much faster and easier way to enter this information on their financial aid application.

You shouldn’t wait to complete your FAFSA because of the IRS glitch. Instead, you can manually enter your tax information directly into the FAFSA and submit it for processing. You aren’t too late to apply for financial aid if you’re just now completing the FAFSA, but remember that sending it in as soon after the annual start date of Oct. 1 is the best option.

It’s important to note that, at this time, the IRS has not suggested that the Data Retrieval Tool has been attacked or that their systems have been affected. Please follow StartWithFAFSA.org for updates to this current issue with the IRS DRT. We’ll post as soon as the problem has been resolved.

Presidents’ Day Quiz!

Happy Presidents Day! We’re thankful for so many of our nation’s leaders who have made it a priority to see that any student can attain higher education as a part of their pathway to success. Try this fun quiz to see how much you know about the history of U.S. Presidents and the Free Application for Federal Student Aid (FAFSA).

1. Who signed the Higher Education Act of 1965, which authorized most of the federal student financial aid programs?

a. John F. Kennedy
b. Richard Nixon
c. Lyndon B. Johnson
d. Abraham Lincoln

2. Who was president when the first Financial Aid Form (FAF) was
introduced in 1976?

a. Gerald Ford
b. Dwight D. Eisenhower
c. Franklin D. Roosevelt
d. Ronald Reagan

3. Which president was in office when the Higher Education Amendments of 1992 added the FAFSA to the financial aid process and required it to be free?

a. Barack Obama
b. Bill Clinton
c. Jimmy Carter
d. George H.W. Bush

4. FAFSA on the Web (fafsa.gov) was launched in 1997, during the presidency of:

a. George W. Bush
b. Bill Clinton
c. John Adams
d. Barack Obama

Answers:

How to Finish the FAFSA, Step 2: Create an FSA ID

FAFSA Step 2If you’ve completed the first of the five (fairly fast) FAFSA steps and have gathered materials  needed to complete the FAFSA, then you are ready to complete step 2 and create an FSA ID.

“FSA ID” is just a fancy acronym for a username and password. To create an FSA ID, visit fsaid.ed.gov and follow the prompts onscreen. Parents of dependent students will need an FSA ID of their own for the FAFSA, too.

Once you have an FSA ID, save it somewhere safe! You will need your FSA ID to sign the FAFSA online and to access information about other financial aid programs as well.

How to Finish the FAFSA, Step 1: Gather Materials

FAFSA Step 1Did you know that you can finish the FAFSA in five (fairly fast) steps? It’s true, and the 2017-18 FAFSA will be available Oct. 1! So now would be a great time to complete the first step by gathering materials. In order to complete the FAFSA, students (and in many cases their parents) will need the following information and items:

  • Social Security card
  • Driver’s license
  • W2 forms and tax returns specified on the FAFSA
  • Current bank statements
  • Dependency status

Not sure about your dependency status? Our handy dependency questionnaire will help you determine your status.

Remember to keep all of information you’ve gathered in a safe place until you’re ready to complete the FAFSA. If you complete your FAFSA in a public area, keep your documents hidden and safe to prevent identity theft.  Be sure to clear the browser on any public computer when you’re done to ensure no one is able to electronically access your information.

 

New Release Date for FAFSA

The new FAFSA filing date is October 1. Learn more at Start With FAFSA dot org.
The new FAFSA will become available Oct. 1 this year.

Question: What’s new and improved about the FAFSA for the 2016-17 school year?

Answer: College students and high school seniors will be able to submit the FAFSA beginning October 1, 2016, instead of waiting until Jan. 1, 2017. Learn more about these changes at StudentAid.gov.

Stay in touch and we’ll keep you informed!

  • The upcoming changes to the FAFSA offer numerous benefits for students and parents. As more information becomes available, we’ll share it with you here at StartWithFAFA.org.
  • Like us on Facebook for information about a wide variety of scholarships and college planning tips for students.
  • Visit us at UCanGo2.org for an abundance of information about planning, preparing and paying for college.

Visit a College Campus

With so many great colleges in Oklahoma, it may difficult to choose one!

If you’re having trouble choosing which college to attend this fall plan a few campus visits. A tour of a college campus can give you a more realistic picture of what college life will be like, as well as the opportunity to ask questions such as, “Where will I park,” “Does this campus have a gym or wellness center,” and “What’s the food like in the cafeteria?”  Not only will you have your questions answered, but you will see all of the places that you may be asking about. Bring a copy of our “Making the Most of Campus Visits Guide” to help you along the way.

While you’re on your tour, be sure to talk to some students and ask them what they like/dislike about the college. Drop by the Student Union and check out the information about student organizations that are active on campus. And, last but not least, make it a point to drop by the financial aid office, where you’ll find valuable information about the financial aid process and scholarships that may be available to you.

There’s room for 10 different college codes on the FAFSA, so the form can serve as a great comparison tool if you’re still trying to decide which school to attend.  It’s perfectly fine if you haven’t made your final decision before you submit your FAFSA. Just remember to go back and add any schools you’re interested in attending as soon as possible so the college can receive your financial aid data. To add a school code to your FAFSA, simple log in at FAFSA.gov and go to Make FAFSA Corrections. You’ll receive an updated Student Aid Report (SAR) within a few days showing the additional new school code(s).