Financial Aid Overview

The FAFSA and Other Financial Aid Applications

You must submit the FAFSA to qualify for federal or state need-based aid. Here's what you need to know about the FAFSA:

• The information you provide will automatically be sent to the schools you list on the FAFSA and to KHEAA.
• The best way to file the FAFSA is online at www.fafsa.ed.gov.
• You can get up to three copies of the paper FAFSA by calling the U.S. Department of Education at (800) 433-3243.
• Each college will create a financial aid package for you based on information from the FAFSA.

Gather documents you'll need for completing the FAFSA, including:

• Your Social Security card and driver's license.
• Your W-2 forms and federal income tax return.
• Your parents' W-2 forms and federal income tax return if you are dependent.
• Records of other untaxed income received.
• Current bank statements and records of stocks, bonds, or other investments.
• Business or farm records if applicable.
• Your alien registration card if you are not a U.S. citizen.

Don't forget to:

• Read and follow the instructions carefully.
• Submit the FAFSA as soon as possible after January 1 of your senior year (when the family has its federal income tax preparation data) to make sure you have the best chance of receiving aid for which you're eligible.
• Keep copies of your FAFSA and a record of the date you submitted or mailed it.
• Make any corrections or additions to the FAFSA you need to after you receive your Student Aid Report.
• Read financial aid award letters carefully and comply with requests from schools for additional information as soon as possible.

Other Financial Aid Applications

• Some colleges require separate applications for scholarships they administer. Check with the financial aid office to find out.
• Read and follow directions. You may be disqualified for failing to complete all questions, answering them incorrectly, or missing the deadlines.
• Pay close attention to mailing addresses and filing deadlines. Like the FAFSA, other application forms should be filed as early as possible.
• Keep copies of everything you mail and a record of the dates you mail the materials. You might want to send your materials by registered mail, return receipt requested.
• Talk with your counselor about scholarships available in your community. Apply for any for which you might be eligible.
• Check the school's catalog or website for other financial aid for which you may be eligible.
• Apply for every type of aid you can to increase your chances of receiving enough to pay for college.