Financial Aid -
Frequently Asked Questions and Answers
Questions That May Arise While Completing the FAFSA
How do I Apply for financial
aid?
You should obtain a free application for
Federal Student Aid (FAFSA) as soon as possible after January 1 of each
year or apply over the internet at
www.fafsa.ed.gov. The award year is fall, spring and summer. For
example, for the 2007 – 2008 award year, the FAFSA application will
cover the Fall 2007, Spring 2008 and Summer 2008.
What is PIN for financial aid?
You and your parents (if you are dependent for
financial aid purposes) may obtain a PIN (Personal Identification
Number). With a PIN, you may complete
the FAFSA on the WEB without submitting a signed signature page. The PIN
is your electronic signature! Allow 7 to 10 days to obtain a PIN. It
will be sent to you (and your parents) under separate letters. Be sure
to keep it because you may use it to check on the status of processing
your FAFSA on the WEB and to make corrections over the web. You may
obtain a PIN at the following address:
www.pin.ed.gov
What are the benefits of filing the
FAFSA on the web?
Filing the paper Free Application for Federal
Student Aid (FAFSA) may take up to 6 weeks to process and return the
results to the colleges to which you released the data as well as for
you to receive your Student Aid report (SAR). In addition, many filers
make errors when completing the paper application.
Filing using FAFSA on the WEB is much faster.
Results can be provided to the colleges indicated in a little over one
week!
Errors are reduced because the software makes sure that you don’t miss
any questions and edits it for you. If you cannot complete the FAFSA on
the WEB in one session, you can save it and return later to complete it.
You can coordinate the completion with a parent easily. The address for
FAFSA on the WEB is
www.fafsa.ed.gov. Check it out!
When should I apply for financial
aid?
Apply early and as soon after January 1 of
each year as you can. Remember that much of the FAFSA information comes
from your completed federal tax return. So, plan to prepare your tax
return early. Be sure to save copies of your filed tax return in the
event we request them.
Do I have to reapply for financial aid each
year?
Yes. Once you have filed a FAFSA, you will be
able to complete a Renewal FAFSA the next year. However, it will not be
so complicated the second time around. The Renewal FAFSA is sent to your
home address and about 75% of the information is pre-printed. You need
to update the information and provide new income and asset information.
The Renewal FAFSA may also be completed online at
www.fafsa.ed.gov . If you use your
PIN, you will not have to print and sign the Signature Page.
What are the general eligibility
criteria for financial aid?
To be eligible for federal student aid, you
must…
- Have a high school diploma or a General Education
Development (GED).
- Be enrolled at an eligible institution, and in a
program that leads to a degree or certificate.
- Be a U. S. citizen or eligible non-citizen.
- Make satisfactory academic progress.
- Have a valid Social Security Number.
- Register with the selective service, if
applicable.
- Have financial need.
What is an eligible program for
financial aid?
One of the eligibility criteria for student
financial aid is that a student be admitted and pursuing a certificate
or degree program that has been approved by the U.S. Department of
Education for financial aid. To be an eligible program at Roane State Community College, the program must be an associate degree
program or a certificate program.
How do I select an eligible program
for financial aid?
You should consult the College Catalog under
the sections of Admissions Requirements or see a counselor for academic
assistance and information. When you have selected a major and are
“placed” in an eligible program, you will have met one of the criteria
for eligibility for financial aid.
I am considering going to school
part-time. Am I eligible for financial aid if I am enrolled at half-time
status?
Yes. Most financial aid programs (state,
federal and institutional) require that you are enrolled at least
half-time. However, the Federal Pell grant and Part-time Tuition
assistance grant may be awarded to students who are enrolled less than
half-time. Most importantly, you must apply to find out!
If I live with an aunt, uncle or
grandparent, should that relative’s income be reported instead of
parental information?
The only time you would report their income is
if the relative is your adoptive parent. Dependent students can
be considered dependent only on their parent(s) and may report parental
inform only on FAFSA. You must report any cash support given by
relatives, but not in-kind support (such as food and housing) from
relatives.
What if I live with a girlfriend or
boyfriend who pays the rent?
You should not report any information for a
friend or roommate unless the two of you are actually married or are
considered to have a common-law marriage under state law. You must
report cash support given by the friend as untaxed income but you should
not report in-kind support (such as food and housing). You must report
the rent the roommate paid if your name is on the lease and if the
roommate is paying the rent for you.
What is the difference between cash
support and in-kind support?
Cash support is support given to you in the
form of money or money that is paid on your (the student’s) behalf. You
must report any cash received or paid on your behalf as untaxed income.
In-kind support is such things as free food or housing that you may
receive in exchange for work or services. This type of assistance is not
reported as income or untaxed income on the FAFSA.
However, you must report the value of housing a family receives when it
is considered compensation for a job on Worksheet B. The most common
examples of this is free housing or a housing allowance that is provided
to members of the military or the clergy.
I am now a citizen but I still
have my Alien Registration number. How should I respond on the FAFSA?
You should answer, “yes” to the item that asks
if you are a citizen. Do not provide your Alien Registration Number.
I am going to get married this summer. How do I
answer the question that asks if I’m married?
Answer “Yes” if you are married on the day you sign
and submit your FAFSA. Otherwise, answer “No”. The FAFSA is a snapshot
of your status on the date you complete it. It does not project changes,
such as marriage.
If I am an emancipated minor, am I
considered independent on the financial
aid form?
The status of an emancipated minor is not
recognized by the U.S. Department of education for financial aid
purposes. To be independent for financial aid purposes, you must meet
one of the following criteria:
- You were born before:
--January 1, 1984 for the 2007-2008 school year
--January 1, 1983 for the 2006-2007 school year;
- You are married;
- You are or will be enrolled in a master’s or
doctoral program (beyond the bachelor’s degree) during the current
school year.
- You have children who receive more than half of
their support from you;
- You have dependents (other than your children or
spouse) who live with you and who receive more than half of their
support from you and will continue to receive more than half of
their support from you through the entire school year.
- You are an orphan or ward of the court (or were a
ward/dependent of the court until age 18); or
- You are a veteran of the U.S. Armed forces
(“veteran” includes students who attended U.S. service academic and
who were released under a condition other than dishonorable.
My parents are divorced. Whose
information do I need for the FAFSA?
The parent with whom you lived with the most during the past year
should complete the FAFSA. It makes no difference which parent claims
you as dependent for tax purposes. If you did not live with either
parent or lived equally with each parent, the parent who provided you
with the most financial support must complete the financial aid form.
I don’t get along with my parents
and live with friends. I pay my own rent and other bills. Can I apply
without my parents income?
If you do not meet the criteria to
automatically be considered independent (see criteria in question 15
answer) and unusual circumstances exist in your relationship with your
parents, you may complete the Dependency Status Appeal. This
form is available in both Financial Aid Offices or go to our Financial
Aid Forms category of the website. You must document your situation
carefully and completely.
If you believe you may qualify for a dependency override, you should
complete the FAFSA and submit it. Complete it with only your income
information. It will be rejected when processed. However, if your appeal
is approved, your financial aid application will be submitted
electronically by the Financial Aid Office.
If I am in the National Guard or
am an active duty military member, am I considered a veteran for
purposes of completing the FAFSA?
If you are a veteran and have engaged in active duty in the
U.S. Armed Forces (Army , Navy, Air Force, Marines, or
Coastal Guard) or are a National Guard or Reserves enlistee who was
called to active duty for purposes other than training, or were a cadet
or midshipman at one of the service academies, and were released under a
condition other than dishonorable, you are considered a veteran for
FAFSA purposes.
My mother and stepfather are
completing the FAFSA. Should I provide my father’s or stepfather’s
information (SSN and income info) on the FAFSA?
You should provide the SSN and income of the
individuals for whom you live with. In this example, you should report
your stepfather’s information.
I am an independent student. I am
separated but filed a joint tax return. How should income information be
reported?
You should only report YOUR portion of the
exemptions, income, taxes, and any assets. Review your w-2 for that tax
year.
Who qualifies to be counted in the
number in college?
Any person (except for your parents) who is
counted in the household and will be attending any term of the academic
year, at least half-time should be included. This person must be working
toward a degree or certificate leading to a recognized educational
credential at college, university or post secondary school that
participates in the federal student aid programs. You should always
include yourself (the student).
I am not sure if I want to accept a work-study
position. What should I enter for this question on the FAFSA?
At Roane State Community College, we use your response to this question
as an indication of your interest in pursuing all forms of financial aid
including student work-study. Answering “YES” to this question does not
obligate you to accept a work-study position.
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