MHS

Why is the FAFSA important?

 

Eligibility for most types of financial aid is based on need, which is measured by the FAFSA. Most federal aid, including grants, work-study, and even loans, use the EFC in order calculate how much aid to give each student. Many private scholarships also ask for FAFSA results in order to determine financial need.

 

Can my parents and I fill out the FAFSA over the Internet?

 

Yes, you can fill out the FAFSA online. You can sign the FAFSA electronically with a pin code, or print out, sign and mail in a paper signature page (You will be able to fill out and electronically submit the FAFSA at College Goal Oregon if you choose to).

If you or your parents do not already have a PIN, we encourage you to apply for one. You can apply for a PIN while completing a FAFSA on the Web application, or you can go to the Federal Student Aid PIN Web site at www.pin.ed.gov to apply.

Tip: You may use your PIN for the duration of your school experience and beyond. The PIN stays the same.

 

What is a pin and how do I get one?

 

A pin is your electronic signature for the FAFSA and the renewal FAFSA on the Web. Use the pin to access your student aid history or correct your student aid report online. Request a pin at www.pin.ed.gov. Dependant applicants and parents each need a pin.

If you or your parents do not already have a PIN, we encourage you to apply for one. You can apply for a PIN while completing a FAFSA on the Web application, or you can go to the Federal Student Aid PIN Web site at www.pin.ed.gov to apply.

Tip: You may use your PIN for the duration of your school experience and beyond. The PIN stays the same.

 

When should I fill out the FAFSA need analysis form?

 

You should apply as soon as possible after January 1. If you (and your parents if necessary) have not yet filed your taxes for 2013, use estimated figures (off of 2012 W-2s or final paystubs for 2013). Once you have completed your taxes for 2013, you may make corrections if needed. It is better to use estimated figures early and correct them later, rather than miss any deadlines schools may have.

 

Do I only have to fill out the FAFSA once?

 

No. The FAFSA must be filled out every year you plan to attend college and information given should be about the previous year. All college students filling out the FAFSA in January of 2014 will sum up their financial status and earnings from 2013.  However, your application information is saved online from year-to-year, making it easier to complete.