Financial Aid and FAFSA
New Texas Education Agency (TEA) FAFSA Graduation Requirement Starting for the 2021-2022 School Year
House Bill 3 (HB 3) Implementation: FAFSA Application
Beginning with students enrolled in 12th grade during the 2021-2022 school year, each student must do one of the following in order to graduate:
- Complete and submit a Free Application for Federal Student Aid (FAFSA)
- Complete and submit a Texas Application for State Financial Aid (TASFA)
- Submit a signed opt-out form
The Texas Education Agency (TEA) will make a variety of resources available to support school districts and open-enrollment charter schools in implementing the new requirement.
Parents of Students of the Class of 2022
An important part of students completing FAFSA are parents completing their tax returns. Parents, please be sure to have your 2020 Tax Returns available by October 1 of your students’ Senior year.
Financial Aid Resources
Right now, over 1.4 million students left $2.7 billion in financial aid on the table by not completing the Free Application for Federal Student Aid (FAFSA).
Federal financial aid for college is often underutilized due to the complexity of required paperwork; however, 90% of students who do complete the Free Application for Federal Student Aid (FAFSA) enroll in school. This year, the FAFSA is being streamlined in the hope of increasing participation.
- It's FREE. Doesn't cost you anything.
- It's EASY. The application has been majorly simplified.
It's FAST. It takes most students just 30 minutes to complete.
Aid Application Process
Take these steps to apply for federal student aid.
1. Get Prepared - gather the documents you will need to apply.
2. Complete the FAFSA Form - apply early to maximize your aid. Know the deadlines.
3. Review the Student Aid Report - make corrections, if necessary.
4. Respond to Aid Offer - accept the aid you want.
5. Receive Aid - get your aid from your school.
6. Renew your FAFSA form - reapply each year.
GPISD FAFSA Planning Events
Wednesday, October 6, 6 to 8 p.m. at Dubiski Career High School
Wednesday, October 13, 6 to 8 p.m. at Grand Prairie High School
Wednesday, October 20, 6 to 8 p.m. at South Grand Prairie High School
We would like all Seniors and parents to attend a FAFSA workshop to meet the following goals:
- Participants will gain confidence in FAFSA completion and be introduced to best practices.
- Participants will understand dependency issues, parental requirements and uncover common pitfalls of the FAFSA.
- Participants will have a chance to ask questions from seasoned financial aid experts.
- Participants will begin the FAFSA process by completing the FSA ID.
- Participants will also get the opportunity, if needed, to explore with hands-on FAFSA practice with scenarios & taxes
What should I bring with me?
- Student and both parents’ W-2 Forms and other records of money earned in 2020
- Student and both parents’ 1040 Form from 2020 Federal Income Tax Return
- Student and both parents’ Social Security Number**
- Parents’ Marriage and/or divorce date (Month and Year)
- Parents’ Birthdays (Month and Year)
- Students Driver’s License**
- Student and Parents’ 2020 untaxed income records such as Social Security, Veteran’s Benefits, Welfare Benefits, Child Support, Alimony, TANF, etc**
- Student and both parents’ 2020 business investment, mortgage information and other investment records**
- Student’s alien registration card if student is a permanent resident and not a U.S. Citizen**
- A list of colleges or universities where the student has applied or will apply for
** If applicable
- If you need help filling out the FAFSA form, use these free tools:
- In the online FAFSA form, select the blue and white question mark icon next to a FAFSA question to view a "tool tip" that provides information about how to answer that question.
- In the online FAFSA form, the tool tip may have a “More Help” link for additional information. You also can select the “Help” button at the bottom of the tool tip to reach the “FAFSA Help” page, where you can browse FAQs, search for more information, or click on “Contact Us.”
- Once you click on “Contact Us,” you’ll have the option of emailing us with your question or, during business hours, chatting (in English or Spanish) with live technical support staff. (In the myStudentAid mobile app, you can find the contact information via the “hamburger menu”—the three parallel lines at the top right of the screen.)
- Contact the financial aid office at the college or career school you plan to attend.
Top FAFSA® Tips
- Read all questions and instructions carefully.
- Meet deadlines.
- Check your email (including spam) regularly for any messages from Federal Student Aid or your college.
Source: Federal Student Aid website