FAFSA Planning Packet
FAFSA: Why It’s Important
FAFSA: What To Know
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. Learn more: FAFSA Makes Changes Hoping Students Will Utilize Funds
- 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.
When is the deadline?
Applications must be submitted before the priority deadline of March 5, 2021 in order to qualify for certain scholarships, including the Dallas County Promise.
Need help completing financial aid applications? District College Advisors are available to assist students and parents. You can receive help to file the FAFSA/TASFA application necessary to receive financial aid and submit verification for your support documents.
GPISD Financial Aid Workshops
We would like all Seniors and parents to attend a finacial aid 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 2019
- Student and both parents’ 1040 Form from 2019 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’ 2019 untaxed income records such as Social Security, Veteran’s Benefits, Welfare Benefits, Child Support, Alimony, TANF, etc**
- Student and both parents’ 2019 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
Other Financial Aid Events
There are several opportunities for students to receive one-on-one help completing their FAFSA or TASFA. Please visit www.YouCanAffordCollege.org to have students register to attend. (Registration is not mandatory, but it does help us remind families what documents to bring and to communicate with them in the event of a weather cancellation.)