Page 20 - HIWT Winter 2015 World of Welding

FAFSA Free Application for Federal Student Aid

To be considered for Federal Student Aid students are required after you submit the student will receive a Student Aid Report
to complete the Free Application for Federal Student Aid (FAFSA) (SAR), which is a summary of the FAFSA data you submitted. Based
at www.fafsa.ed.gov. Completing and submitting the FAFSA is on the information provided on the FAFSA, the federal government
free and quick, and it gives you access to the largest source of will make a determination of the amount the family is expected
Federal fnancial aid available. Completion of the FAFSA will to contribute towards a students educational cost. This amount is
determine eligibility for a Pell grant (free money) and Federal Direct called Expected Family Contribution (EFC). The school will receive
Loans(must be paid back). data within three to fve business days and the Financial Aid Offce
can determine what you may be eligible for as far as federal
Before completing the FAFSA you will need to obtain a FSA ID at fnancial aid. You may be asked for additional information and
fsaid.ed.gov. Students, parents, and borrowers are required to use documents as needed. Once the FAFSA is processed we will send
an FSA ID, made up of a username and password, to access certain you information outlining your award and the affect it has on your
U.S. Department of Education websites. Your FSA ID is used to out-of-pocket expenses.
confrm your identity when accessing your fnancial aid information
and electronically signing your federal student aid documents. Once the FAFSA is processed students and/or parents can then
complete the federal student loan steps to obtain loans should they
The FAFSA is available in late January for the upcoming award year. decide to do so. Please review the steps on our website
We encourage that you complete the FAFSA once your tax return for www.welding.org Students Financial Aid / Scholarships
the prior year has been completed and accepted by the IRS so you Loans.
can take advantage of the Internal Revenue Data Retrieval Tool (IRS
Data Tool). The IRS Data Tool will allow you to link to the IRS and Dont miss out on the fnancial opportunities available through
have certain felds transfer to the FAFSA electronically. Federal Student Aid. You never know what the outcome will be
unless you apply. If you have any questions you can contact the
After completing and submitting the FAFSA, you and the school will Financial Aid Offce at 937-332-9500 or review information at
receive the processed results. Within three days to three weeks studentaid.gov.

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