2023-24 FAFSA Walk-through and Tutorial for High School Seniors
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- Опубліковано 8 чер 2024
- The 30-minute video provides screen-by-screen instructions on how to complete and submit the FAFSA. You'll get tips on every section of the financial aid application. This video includes Spanish and Haitian Creole subtitles.
CONTENTS:
0:00 Intro
4:55 - Section 1 Student Demographics
8:19 - Section 2 School Selection
10:25 - Section 3 Dependency Status
12:15 - Section 4 Parent Demographics
15:39 - Section 5 Parent Financials
25:35 - Section 6 Student Financials
28:30 - Section 7 Sign & Submit
This tutorial guides you step-by-step on how to answer questions for every section of the FAFSA including:
How to determine your financial aid eligibility.
How to determine custody status and which parent must report their information.
How to report parent income, savings and investments.
How to report student income and savings.
Thank you.
You help me tremendously.
You’re welcome!
Thank you for sharing. This is very helpful!
You are so welcome!
@@collegemoneymethod Hello! My daughter will be graduating from high school in May 2023 and she wants to start college in the summer right after. What FAFSA year form does she needs to apply and what year for W2 form? Thank you 😊
Excellent! Very helpful.
I'm happy this was useful to you.
I have some questions:
1) On parent information, it asks me if my parents
completed any kind of tax return in 2021.
But we only came 5 months ago in America,
in 2021 we weren't here. Do I choose "Not going to file"?
2) Do I have to skip the questions about my
and my parents' income and taxes? because
I'm not sure if it's asking about 2021, at that time
we weren't here.
3) Before the section 7 begins, it says:
You're not done yet!
You still need to submit your FAFSA® form. After you print this page, select "Continue" to sign your FAFSA form.
Do I have to print that page? (I'm not sure because the form isn't ended at that time)
4) It asks me about my driver's license,
but I have a permit, do I just put my
permit ID?
Very helpful
I did not seen welfare questions in fafsa online from #92 to #96 ike medicaid /snap
But our sar report says all no
How it shows
Which section to find
These questions will only appear based on your previous answers for AGI. The FAFSA is now adapts the form so you may not have the opportunity to answer every question.
Thanks a lot
Hi , I have a question, I have bachelors degree. what should I add under student education question 2 and 3 ?
Since my mom is 93, I was added to her savings account which is mainly her social security deposits. Would I have to report this on the FAFSA form? Thanks
No, these would not be included as your assets. Particularly if your mom is receives the 1099 and reports her earning on her tax forms.
Are you sure I should put on campus as my housing option? Since Im staying with my parents and I don't want to mess anything up
Great question. What housing you choose determines how the college calculates your cost of attendance for financial aid. Generally speaking the cost of attendance is higher is you live on campus versus at home which can result in more financial aid. You can check this at the college’s website.
Thank you for making this video. It was a bit unclear since I don't have schedule 2 from the taxes I was given from my parents. They aren't able to help me, so for the question of line 22 - schedule 2 line 2 (don't remember clearly), I basically put ex: 2 - 0 = 2.
If you don't have a Schedule 2, then yes, you put a 0 for that calculation.
For number 4 i have a older sister who about 19 years old and she has fades but she also doesn’t work do I put in the second one or the first one
Fafsa*
Where can you get the tax form?
You use the 1040 form and accompanying schedules from your 2021 Federal taxes you filed. You may have a paper or electronic copy. You can also use the IRS Data Retrieval Tool to automatically pull your taxes from the IRS.
@@collegemoneymethod Thank you very much for 1. Answering my question and your channel in general I don't think you will ever realize how much it helps students and our families thank you, because some students don't have access to these things in school and at home so thank you