$ for College
Financial Aid Training for Smith County Counselors & Teachers
Friday, September 25, 2020
$ for College
FAFSA & TASFA Completion Event
Monday, October 5, 19 & 26, 2020
Monday, February 2021
STUDENT & A PARENT ARE ASKED TO EACH CREATE AN FSA ID AT FSAID.ED.GOV BEFORE ATTENDING THE EVENT.
(This step is necessary to login, sign and submit your FAFSA.)
What to bring the day of $ for College to successfully submit your FAFSA or TASFA application:
A copy of 2018 1040, 1040A or 1040EZ income tax return(s) of parents & student
All 2018 W2 wage statements and/or 1099 form(s)
Net worth from parents’ current business or investments
The month and year parents were married, separated or divorced
Also needed or the following amounts to enter on the FAFSA if it pertains to you:
* Child Support Received or Paid, Workers Compensation, Social Security, Disability amount(s) received, or Other Income (Rental income, Investment income, Farm/Livestock)
* If you are not a U.S. Citizen but are a permanent resident, your Alien Registration # is requested from your resident card: A#_________________
(FAFSA=FREE APPLICATION FOR FEDERAL STUDENT AID & TASFA=TEXAS APPLICATION FOR STATE FINANCIAL AID)
What’s an FSA ID?
The FSA ID is a username and password you use to log in to fafsa.ed.gov. The FSA ID is your legal signature and shouldn’t be created or used by anyone other than you—not even your parent, your child, a school official, or a loan company representative. You’ll use your FSA ID every year you fill out a FAFSA form.
What is the FAFSA form?
The FAFSA form is the application you will use to apply for federal student aid programs offered by the U.S. Department of Education (ED). Completing and submitting the FAFSA form is free, and it gives you access to the largest source of financial aid to help pay for college or career school. Federal student aid covers such expenses as tuition and fees, room and board, books and supplies, transportation, and other related expenses, such as a computer and dependent care. In addition, many states and colleges use your FAFSA information to determine your eligibility for state aid and school aid, and some private financial aid providers may use your FAFSA information to determine whether you qualify for their aid.
What is the TASFA?
TASFA stands for the Texas Application for State Financial Aid. It’s meant for students who are ineligible for federal aid through FAFSA who are Texas residents, and went to high school for at least three years in the state. These include, but are not limited to, foreign nationals, legal permanent residents, and eligible non-citizens. You can only apply for either FAFSA or TASFA, not both. TASFA is a purely informational application, it doesn’t itself give out any aid. Rather, it provides the information schools need to give out aid themselves.