FAFSA Filing Available October 1st
October 1 is the first day that anyone expecting to apply for financial aid can access, complete, and submit the FAFSA and CSS/PROFILE. Jeff Levy, of Personal College Admissions, a California college consulting firm, provides some excellent information re the FAFSA filing that I have included below.
Don’t forget our Net College Cost Report is available to all CPC parents who have provided us with their EFC.
College Placement Consulting
What you need to know about these forms and their deadlines
All institutions require submission of the FAFSA for financial aid consideration. For current high school seniors expecting to attend college next year, the 2018-2019 FAFSA can be accessed and submitted at https://fafsa.ed.gov/ beginning October 1, 2017.
About 250 colleges and universities also require submission of the CSS/PROFILE. This can be accessed and submitted at https://cssprofile.collegeboard.org/ beginning October 1, 2017.
The deadline to submit these forms varies college to college. It is necessary to check each college’s website or financial aid office to know the final deadline for each. Missing these deadlines will seriously impact your child’s eligibility for financial aid.
A growing number of colleges now have a November 1 or November 15 financial aid deadline for Early Decision and Early Action applicants.
CPC’s net college cost report is available to each parent that has provided an estimated or actual EFC. This report helps parents understand the net cost of attendance based on gift aid, self-help, merit, and probability for on-time graduation for each school on the student’s application list.
How to begin the FAFSA
The FAFSA belongs to the student, although many parents complete this form on their child’s behalf.
To begin the FAFSA, the student must first create their own FSA ID (Federal Student Aid identification number). This ID is like an electronic fingerprint, and each person wanting to access a student’s FAFSA will need their own. Click Here for step-by-step instructions on how to do this.
Parents wanting to complete the FAFSA on their child’s behalf will need their own FSA ID.
Who should file the FAFSA and/or the CSS/PROFILE?
- Those students applying for merit aid at institutions that require either the FAFSA or PROFILE for consideration for such awards
- Anyone wanting to receive need-based aid who believes they might qualify
- Parents who think they may require financial aid at any point during their child’s undergraduate career. Many colleges will not consider a financial aid application from a current student admitted as a full-pay freshman if they did not submit the FAFSA
- Families who expect to have two or more children in college at the same time, which significantly lowers the threshold for need-based eligibility
College Placement Consulting offers comprehensive college planning services. In helping to identify each student’s next best step in the college process, our goal at CPC is to eliminate stress, de-mystify the process, and internally motivate each student by using state of the art resources and top notch specialists. If you are interested in learning more, you can schedule a consultation here or contact us at 410-822-4500 or firstname.lastname@example.org