Category Archives: Deadlines

Deadlines, Financial need, Grants and scholarships, Students and Parents, Types of Financial Aid, UCanGo2 Resources

Summer Checklist for Incoming High School Seniors

You made it! School’s out for the summer. If you’re looking for something to do this summer, why not get a jump start on your senior year of high school? Here’s a preview of what to do as you finish up high school and prepare for college:

  • Stay on track. Review courses with your counselor to make sure you’re meeting high school graduation and entrance requirements for the schools that interest you.
  • Pick your top five. Oklahoma has 25 public colleges and universities as well as several independent and proprietary institutions. Take a few minutes to check out your options!
  • Search for scholarships. It’s never too early (or too late!) to apply for scholarships. Check out UCanGo2 and OKcollegestart to search thousands of scholarships!
  • Test again. Even if you’ve already taken the ACT or SAT, register for the fall ACT and/or SAT tests; you might boost your score! For extra help, try the free practice ACT and SAT tests on OKcollegestart.org. Find test locations and dates at ACT.org and SAT.org.
  • Create a Federal Student Aid ID. The 2020-21 FAFSA will be available on October 1, 2019. You and one of your parents will need an FSA ID to complete the FAFSA online. Be sure to keep track of these usernames and passwords. Creating FSA IDs now will save time this fall when you’re ready to file the FAFSA.
  • Prepare for college fairs. This College Fair Worksheet will help narrow down what types of schools you may be interested in attending. You’ll also find a list of questions to ask college representatives. College Fairs typically begin in September. Registration for fall fairs isn’t open yet, but you can create an account on GoToCollegeFairs.com now, allowing you to easily register when the time comes.

Check out UCanGo2’s full Senior Checklist for reminders and tasks that need to be completed during your senior year of high school.

Deadlines, Financial need, Students and Parents, Types of Financial Aid

Oklahoma’s Promise Deadline

The Oklahoma’s Promise scholarship program offers qualified Oklahoma students an opportunity to earn a scholarship for college tuition. To qualify for enrollment:

  • You must be an Oklahoma resident.
  • You must enroll for the scholarship in the 8th, 9th or 10th grade
    (at the age of 13, 14 or 15 for homeschool students.)
  • Your parent(s)’ federal adjusted gross income (AGI) must not exceed $55,000 per year.
    Special income provisions apply to legal guardians and certain adoptive parents.

High school students who have just completed 10th grade must apply for Oklahoma’s Promise before July 1, 2019 in order for their application to be considered. If students in the 8th or 9th grade miss the July 1 deadline, they’ll have the opportunity to use the 2019-2020 application this fall.

In the 2017-18 school year, 83% of Oklahoma’s Promise recipients were also eligible for federal Pell Grants, which is more ‘free money’ for college that doesn’t have to be repaid. Oklahoma’s Promise students must complete a Free Application for Federal Student Aid (FAFSA) in their senior year to verify their family income a second time and to determine their eligibility for the Pell Grant and the Oklahoma Tuition Aid Grant (OTAG). To learn more about Oklahoma’s Promise, federal financial aid and OTAG, visit:
OKPromise.org
StudentAid.ed.gov
OKcollegestart.org

Apply Online, Deadlines, Financial need, Students and Parents, Types of Financial Aid

Finish the FAFSA this February!

The Free Application for Federal Student Aid (FAFSA) has been available since October 1, but that doesn’t mean it’s too late to apply! You can still apply to receive federal and state student aid in the form of grants, work-study and loans by submitting your FAFSA. Many students don’t apply at all and forgo FREE money for college! Below are some common reasons students miss out on financial aid.

Myth: If I’m not poor, very smart or super-talented, I won’t qualify for financial aid.

Reality: While it is true that the FAFSA is a need-based program, there are many factors other than income that go into the calculation. You never know if you qualify unless you apply. Plus, the FAFSA is used for more than just federal aid. Many universities and foundations require that you complete a FAFSA to be eligible for their scholarships.

 

Myth: I have several scholarships lined up, so I don’t need to submit a FAFSA.

Reality: College expenses include more than just tuition and fees – don’t forget about, books, room and board and transportation, among other potential costs. Submit your FAFSA to explore other funding possibilities in the event that your scholarships don’t cover all of your costs. You can always turn down aid that’s offered to you.

 

Myth: I’m going to pay my own way through college, so there’s no need to complete a FAFSA.

Reality: Paying your own way through college is a great plan, and completing the FAFSA could allow you to keep more of that money in your pocket. Applying for federal aid has become easier and can significantly reduce your financial burden. A few minutes of your time is definitely worth the potential for thousands of dollars in aid.

Complete your application for federal student aid today at FAFSA.gov!

Apply Online, Deadlines, FAFSA Errors, Financial need, Student Aid Report (SAR), Types of Financial Aid

I’ve Submitted the FAFSA. Now What?

Completing the FAFSA is just the first step in applying for financial aid. After your application has been processed, you’ll receive a Student Aid Report (SAR). The SAR is a summary of all the information you entered on the FAFSA form. Included in the report will be your Expected Family Contribution (EFC), a number that helps determine your financial aid eligibility. When you receive the SAR, review it and make any necessary changes. You can make changes by logging into FAFSA.gov, accessing your original FAFSA application, and correcting your information. Don’t forget to resign and submit! Once you’ve updated your FAFSA, your SAR will be sent to the schools that were listed on your application. If you’re selected for verification, schools will ask you to provide more documentation to confirm that you reported the correct information. Be sure to submit documents as soon as possible to the financial aid office.

Colleges and universities will eventually send you award letters, notifying you of the amount of financial aid they’re able to offer you. Most award letters will be sent electronically, while a few others might come in the mail. Ask your campuses or choice how their notifications will be sent. The award letters will also tell you the cost of attendance. Carefully review those letters and only accept the aid you need. Always accept free money first: grants and scholarships. If you need to take out a student loan, only accept the amount you need to cover the cost of attendance. Be sure to compare different schools’ award letters as well. Consider the financial aid packages and the campus environment to decide which would be the best fit for you.

Follow up with every campus you received an award letter from and let them know how much of the financial aid package you would like to accept. Check for deadlines! Each award letter will ask you to respond by a certain date or you could lose the aid offered. Remain in constant contact with the financial aid office to make sure you take all necessary steps to secure your financial aid award.

Apply Online, Deadlines, Financial need, Money Management, Types of Financial Aid

Submit Your FAFSA ASAP, OK?

It’s FAFSA time, so make it a priority to submit yours ASAP. The Free Application for Federal Student Aid (FAFSA) for the 2019-20 academic year became available October 1. The fall semester of 2019 seems far away, so why should you submit your FAFSA this early? Here are three good reasons:

  • Some forms of financial aid are first-come, first-served. When this type of aid is gone, you may have to wait for the next school year to apply for it again. Examples of this type of aid are the Oklahoma Tuition Aid Grant (OTAG) and scholarships offered by the college or university where you’re enrolling (institutional aid).
  • More and more colleges and universities are setting early enrollment and institutional scholarship deadlines in November and December. During the application process, they’ll want to know if you’ve submitted your FAFSA.
  • It’s not uncommon for a scholarship committee to ask for a copy of your Student Aid Report (SAR), which you receive after you submit your FAFSA. Completing your FAFSA early ensures that you won’t miss important deadlines.

For more information about completing the FAFSA, visit StudentAid.ed.gov.

Deadlines, Financial need, Students and Parents, Types of Financial Aid

Don’t Miss the Oklahoma’s Promise Deadline!

Students in 8th, 9th or 10th grade: Don’t miss this very important deadline!

If you’re interested in applying for the Oklahoma’s Promise (OKP) scholarship, don’t wait until it’s time to submit your FAFSA! The deadline for submitting your OKP application this year is July 2, 2018.*

To enroll in the Oklahoma’s Promise program, you must be:

  • An Oklahoma resident
  • Enrolled in the 8th, 9th or 10th grade in an Oklahoma high school (homeschool students must be age 13, 14 or 15); and
  • A student whose parents earn $55,000 or less per year.

Special income provisions may apply to:

  • Children adopted from certain court-ordered custody and children in the custody of court-appointed legal guardians
  • Families receiving Social Security disability and death benefits.

To apply now or to learn more about the program, visit okpromise.org.

*Note: Any 2017-2018 application not submitted by the application deadline of July 2, 2018 will be removed from the system. Students who will be in the 8th, 9th or 10th grade in 2018-2019 will have to start a new application when it is available. High school sophomores who have not submitted their applications by July 2, 2018 will not be eligible for the program.

Apply Online, Deadlines, Financial need, Money Management, Students and Parents, Types of Financial Aid, UCanGo2 Resources

Summer Preparation for College

So you’re finishing up your senior year of high school and about to transition to life as a college student. It may be tempting to use your summer break as a time to relax and recover from your final year of high school, but it’s important to begin prepping for your upcoming college experience.

If you haven’t already filled out the FAFSA, it’s not too late. You will need to complete the 2018-19 form if you are starting classes in the fall of 2018. It can take a couple weeks for your college to send you your financial aid award letter, so complete your FAFSA as soon as possible.

The summer is also the perfect time to apply for scholarships. Use some of your extra time to complete scholarship applications. The more scholarships you apply for, the better your chances are of winning! Don’t forget about scholarships provided by your college or university, too. For more information on those, call the campus financial aid office. You can also find a list of scholarships at UCanGo2.org and OKCollegeStart.org

If you will be living on campus, you can use the summer to start coordinating dorm needs with your roommate. You should also take a look at the school’s website to start reviewing potential associations, clubs or activities to join. Make sure you don’t overextend yourself, though; transitioning successfully from high school to college takes focus.

For more tips on preparing for college, check out our primer for high school seniors, Your Transition to College.

Deadlines

What Year’s Tax Information Do I Use?

When the FAFSA’s release date was moved to Oct. 1 in 2016, the rules about which year’s tax information to use were also updated. As a result, applicants use tax information that is likely already filed. This means no waiting on your next W2 to complete or update the FAFSA! Use the chart below to find out which FAFSA and which tax year are right for you.

Image of the FAFSA Completion Chart, which details attendance dates, version of the FAFSA, FAFSA deadlines, and the tax year used. The source for this information is Source: https://studentaid.ed.gov/sa/.
Click to enlarge. Information source: https://studentaid.ed.gov/sa/fafsa/filling-out

Once the FAFSA you need is available, it can be completed online at fafsa.ed.gov.

Deadlines

COMPLETING THE 2018-19 FAFSA

If you’re completing a FAFSA for the 2018-19 school year, there are some requirements you should be aware of. One of them is the FAFSA release date. This form becomes available on Oct. 1 annually, which allows you to fill out the FAFSA earlier than in past years and possibly learn your financial aid eligibility a little earlier, too.

Another change to the FAFSA that happened last year allows students and families to complete this form using tax information that should already be completed, eliminating the need to update your tax information on your application once your taxes have been filed. Since the 2018-19 FAFSA, released on Oct. 1, requires you to use your 2016 tax information, you can pull out your 2016 return and complete your application at FAFSA.gov right away! The sooner you apply after Oct. 1, the better!

If you’re unsure when to complete the FAFSA or about the correct tax information to be used, check out the chart below.

Information on which tax year's information should be used, which may also be found at https://studentaid.ed.gov/sa/fafsa/filling-out#financial-info .

Also, to complete and submit the FAFSA online, students and parents will both need to create an FSA ID (Federal Student Aid ID) at FSAID.ed.gov. This username/password serves as your signature on the FAFSA and student loan applications and allows you to access other federal aid websites. It is beneficial for families to create their FSA IDs before starting the FAFSA in order to speed up the application process. Once the FAFSA is available, it can be completed online at fafsa.gov.