Five Step Financial Aid Process

5 Step Financial Aid Process Step 3: compare your financial aid packages. the next part of the financial aid process has to do with your financial aid packages. each school listed on your fafsa will receive a copy of your fafsa submission summary and will use that information to prepare a financial aid package for you. this is also known as your award letter and it lists. Step 5. be sure you have the money you need. once you have received your financial aid award, you need to make sure you have enough money to cover all of your education costs. —costs associated with attending school that are included in your award letter: miscellaneous personal expenses, as determined by the school.

Five Step Financial Aid Process Youtube Fill out the fafsa ® form. before each year of college, apply for federal grants, work study, and loans with the free application for federal student aid (fafsa®) form. your college uses your fafsa data to determine your federal aid eligibility. many states and colleges use fafsa data to award their own aid. filling out the fafsa® form. Counselor, the financial aid office at the college or career school you plan to attend, or the u.s. department of education at studentaid.ed.gov or 1 800 4 fed aid (1 800 433 3243). free help is available any time during the application process. you should never have to pay for help. 1 collect the documents needed to apply,. The second step, student, parent completes the fafsa form, critical step. step number three, the fafsa process by federal student aid and the student receives what's called a student aid report or sar. and the college receives the information if listed on the fafsa. and then step four, where the college reviews, the information, seamless was. Once you're ready to help students and parents understand and fill out the application, use the tools and tips found on this page to assist with the free application for federal student aid (fafsa ®) process. we'll also keep you up to date on the latest fafsa news, proposed changes for next year, etc.; and if you want fafsa completion data by.