Blank 2009 1040Ez Form

							College Goal Sunday




    January 25, 2009
             FAFSA Filing Options

• Online FAFSA on the Web

• Paper FAFSA

  – Note: Paper FAFSAs are no longer available to colleges or high
    schools.
  – A student/parent may request a paper FAFSA by calling
    800-4-FED-AID or may print a PDF of the application at
    www.federalstudentaid.ed.gov.
                   FAFSA on the Web
                        www.fafsa.ed.gov

• Online application to complete
  FAFSA at www.fafsa.ed.gov.
• Processed more quickly than
  paper version.
• Built-in online help to assist
  you with the application.
• Skip logic guides you to
  answer key questions and may
  allow you to skip questions
  when appropriate.
• Student and at least one
  custodial parent should get a
  federal PIN at
  www.pin.ed.gov.
         Application Processing Tips

• Gather necessary documents ahead of time.
• Complete a FAFSA on the Web Worksheet available at
  www.fafsa.ed.gov.
• Allow ample time to complete form for submission by
  deadline.
• Check the FAFSA for accuracy prior to submission.
• Save all work periodically.
• Sign the application using the student’s and at least one
  parent’s PIN.
• Print out a copy of the FAFSA before submitting data.
• Keep a copy of the Submission Confirmation Page.
FAFSA on the Web Worksheet

            Section 1 – is about the student

            Section 2 – determines student
            dependency status

            Section 3 – collects parental information
            for dependent students

            Section 4 – collects student income
            information and information about the
            independent student’s household

            Section 5 – allows students to list up to ten
            schools to receive information from the
            FAFSA
                        Section 1 – Page 2




•   List your name and social security number exactly as they appear on your social
    security card.

•   The online application will also ask for your first name and middle initial. Use your
    legal name – not your nickname.

•   The online application will also ask for your date of birth. Be certain to use your birth
    year, not the current year.

•   All items will be compared through the Social Security Administration’s database.
                   Section 1 – Page 2




• If U.S. citizen, status will be confirmed by Social Security match.

• If eligible non-citizen, status will be confirmed by Department of
  Homeland Security (DHS) match.

• If neither A nor B, you are ineligible for federal/state aid, but might
  still be eligible for state or institutional funds.
                 Section 1 – Page 2




If eligible non-citizen, write in your eight- or nine-digit Alien
Registration Number (ARN)
 • Leave the first space blank if you have an eight digit ARN
 • Copy of Permanent Resident Card might be requested by the financial
   aid office
              Section 1 – Page 2




Remember: “You” and “Your” refers to the student.
               Section 1 – Page 2




• Check the “Register Me” box only if the student is male
  and has not registered with selective service.

• Students can also register by going to www.sss.gov.
       Section 1 – Page 2




If you answer “NO”, you can skip Question 23.
             Section 1 – Page 2




Answer “NO” if:
   • Conviction was for alcohol or tobacco
   • Conviction was removed from record or occurred before age 18 (unless tried
     as an adult)

Answer “YES” if:
   • you have been convicted of possessing or selling illegal drugs while you
     were receiving federal financial aid.
               Section 1 – Page 2




• Indicate highest level of schooling completed by
  biological or adoptive parents

• Use birth parents or adoptive parents
   – Do not use stepparents or foster parents
   – This definition of parents is unique to these two questions
               Section 1 – Page 2




• If you are unsure of the type of degree, mark the first box
  – “1st bachelor’s degree”.
               Section 1 – Page 3




• If you are unsure how many courses you will be taking,
  mark the first box – “Full-time”.

• Most students check “Both work-study and student
  loans”.
Section 2 – Page 3
Section 2 – Page 3
Section 2 – Page 3
                Section 2 – Page 3



• If you answer “no” to all questions in this section, go to
  Section 3.
   – For FAFSA filing purposes, you are considered a dependent
     student and are required to provide parental information.


• If you answer “yes” to any question in this section, skip
  Section 3 and go to Section 4.
   – You are considered an independent student for FAFSA filing
     purposes and are NOT required to provide parental information
Section 3 – Page 4
                  Section 3 – Page 4




• Parents’ Marital Status as of Today: Parents should indicate their
  marital status as of the day they are completing the FAFSA. Only a
  parent who was never married should use the “Single” response.

• Date of marriage, separation, divorce, or widowed: Parents
  should indicate the date of their marital status. A parent who was
  never married should leave this question blank.
                       Section 3 – Page 4




•   List the Social Security numbers, last names, first initials, and dates of birth
    of the parent(s) required to report information on the FAFSA.
•   It is important that the parents list their last names and first initials exactly as
    the information appears on their Social Security card so they will pass the
    Social Security Administration’s database match.
•   If parents do not have Social Security numbers, they should enter all
    zeroes. Leaving this question blank may result in a delay in processing of
    the FAFSA.
                Section 3 – Page 4




• Indicate the two-digit state code for your parents’
  permanent address.

• If the answer to the question is “no,” enter the month and
  year residency began for your parent who has been a
  legal resident of that state the longest.
                       Section 3 – Page 4




•   Indicate your parents’ current tax filing status for 2008
     – Have your parents completed a 2008 IRS tax return?
     – Which tax return did or will your parents file for 2008?

•   Tax filers are generally eligible to submit a 1040A or 1040EZ if they:
     –   make less than $100,000 and
     –   do not itemize deductions and
     –   do not earn any income from self-employment from a business or farm and
     –   do not receive alimony and
     –   have no capital gains requiring Schedule D filing.
             Section 3 – Page 4




Indicate if you, your parents, or anyone in your parents’
household received benefits in 2007 or 2008 from any of the
federal programs listed.
             Section 3 – Page 5




If a person quits their job, he/she is generally not
considered a dislocated worker – even if he/she is
receiving unemployment benefits.
                   Section 3 – Page 5




• If your parents have not yet filed their 2008 federal tax return
  information, you should estimate information for these questions.

• If your parents have completed their 2008 federal tax return, use
  2008 tax return information to complete this item.

•   Use W-2 forms and other records to list all income in 2008 earned from
    work (including income earned from self-employment)
                  Section 3 – Page 5




• What was the amount your parents paid in income tax for 2008?
  – Use U.S. Income tax paid (or to be paid)
  – Do not use the amount withheld from your parents’ paychecks

• Enter your parents’ exemptions for 2008
• Exemptions can be found on their IRS tax return
   – Be sure to include all persons being claimed on your parents’ 2008
     federal tax return.
Section 3 – Page 5
     Section 3 – Page 5




Complete the Worksheets on Page 8
   to answer these questions.
Additional Information – Page 8
Untaxed Income – Page 8
            Section 3 – Page 5




Depending upon how you answered earlier questions,
the online application may skip the asset section. You
can choose to answer the questions anyway.
Section 3 – Page 5
             Section 4 – Page 6




The questions in the student section are very similar to
the questions in the parent section.
Section 4 – Page 6
Section 4 – Page 6
          Section 4 – Page 6




The financial aid administrator at the college may
ask you to provide information about the amount of
education benefits you will receive.
             Section 4 – Page 6




If you are a dependent student, the online application will
skip this section.

For the purposes of today’s program, we will review each
of these questions.
Section 4 – Page 6
Section 4 – Page 7
  Section 4 – Page 7




Refer to page 8 of the worksheet.
            Section 4 – Page 7




Use the same terms and definitions as explained in the
parent asset information section.
                       Section 5 – Page 7




•   List up to ten schools to which you are applying.
•   Select the housing plan that best describes the type of housing you expect to have
    while attending each listed school.

    Strategies for Listing Colleges:
•   List those schools with the earliest financial aid deadlines.
•   If you are applying to more than ten schools, wait for the processed Student Aid
    Report (SAR) and add additional schools via the Web.
Complete the Application
FAFSA on the Web
   The First Page
      TEACH Grant Data Screen




Answer yes if you plan to become an elementary or
secondary school teacher.
Searching for College Codes
ACG Data Screens
Confirmation Page
The Application Status Check
                  What Happens Next
• If you provided an email address, you will be notified of your
  processed information as quickly as 24 hours.

• Student Aid Reports can be accessed on the Web.

• Opportunities to review and correct information.

• Summary of the FAFSA will be provided to the schools you listed.

• Colleges match admissions records with financial aid applications
  and determine aid eligibility.

• College prepare notices of financial aid eligibility to admitted
  students who have completed all required financial aid forms.
       Types/Sources of Financial Aid

• Scholarships & Grants
   –   Federal
   –   State
   –   Institutional
   –   Private
• Work-Study
   – Federal
   – Institutional
• Loans
   – Federal
   – Institutional
   – Private
               Special Circumstances

Contact the college’s Financial Aid Office if there is:
   –   Loss or reduction in parent or student income
   –   Death or serious illness
   –   Natural disasters affecting parent income
   –   Unusual medical or dental expenses not covered by
       insurance
   –   Reduction in child support, social security benefits or other
       untaxed benefit
   –   Financial responsibility for elderly grandparents
   –   Parent in college
   –   Any other unusual circumstances that affect a family’s ability
       to contribute to higher education
                   Final Thoughts


•   EVERYONE should apply for financial aid
•   Know and meet deadlines
•   Save copies of everything submitted
•   Respond quickly to requests for information
•   Beware solicitations charging fees
•   Don’t be afraid to ask questions
                     Thank You!

• Please complete your Survey Form before you leave.

• Be sure to fill out the entry form to win the $500 FAME
  Scholarship!
   – All attendees will be entered into a drawing to win one
     of twenty $500 scholarships from FAME.
   – Scholarship winners will be notified by FAME.
   – Payment of scholarship funds will be made to the
     college during the fall 2009 semester.