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What is Financial Aid?

 
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The Basics 

Financial Aid in a Nutshell

Financial aid is a general term that is used for scholarships, grants, loans and work study.

 

Free Application for Federal Student Aid (FAFSA)

Opens on October 1st for Seniors

Do NOT complete the FAFSA before October 1st, that FAFSA is for the students that graduated last year.

 

Here's What You Need to Complete the FAFSA

For the Class of 2022

Summer Before Senior Year

Gather Documents Needed to Complete the FAFSA

  • 2020 Federal 1040 Tax Forms (parents & you if you worked in 2020)

  • 2020 W-2 forms (parents & you if you worked in 2020)

  • Your social security number

  • Parent's social security number

  • Alien registration number, if you are not a citizen

  • Your driver's license number, if you have one (for residency)

  • Records of untaxed income, such as child support received, interest income & veterans benefits

  • Information on cash; savings and checking account balances; investments, including stocks, bonds & real estate (not included the home in which you live); and business and farm assets for you, and for your parents.

Beginning August 1st

Federal Student Aid (FSA) ID for Parent and Student

One parent and the student must create a Federal Student Aid ID. The "ID" is a username and password that they will create. This will be used to login and submit the student's FAFSA.

  • All that is needed to create your username and password is your social security number. 

Beginning October 1st

Complete the 2022-2023 FAFSA

Using the financial documents you gathered you can complete the FAFSA.

Every college/university has their own financial aid (FAFSA) deadline, which may vary between November 1 - May 1. Please check each college's website for their financial aid deadline.

Beginning October 1st

Need Help? FAFSA appointments are available

Miss Kristy is available for all students and parents who need help completing the FAFSA or understanding your financial aid package.

 
Female Teacher and Student

College Board's CSS Profile

Another Type of Financial Aid Application

 

What is the CSS Profile?

The CSS Profile is an online financial aid application that collects information used by nearly 400 college and scholarship programs to award non-federal aid. Some colleges may require the CSS Profile from both biological/adoptive parents in cases of divorce or separation.

  • Unlike the FAFSA which is FREE, there is a $25 application fee for the CSS Profile. Fee waivers are available if students qualify for an SAT fee waiver, the student is an orphan or ward of the court under the age of 24 or based on parental income and family size. CSS Profile will determine eligibility, no separate form or application will be needed to receive a CSS Profile fee waiver.

Applications are available October 1st

The CSS Profile should be completed as soon as possible, deadlines will vary according to the application deadline of the college/university. 

  • As a rule, the student should submit the CSS Profile NO later than 2 weeks before the college's application deadline.

What documents do you need to complete the CSS Profile

For the Class of 2022

  • Must use the 2020 & 2021 Federal Tax Forms

  • W-2 Forms and other records of current year (2021) income.

  • There will also be a few questions asking for estimates for the anticipated year to come.

  • Records of untaxed income and benefits for the current and previous tax years

  • Current bank statements

  • Records of savings, stocks, bonds, trusts, etc.

  • Students must sign in to the CSS Profile using their College Board account. This is the same account the student used to register for the SAT.