Students that attended the financial aid workshop on Thursday, October 12 at Davis Senior High School learned how to apply for financial aid to reduce the cost of attending college.
The goal of the workshop was to inform students and their parents about the different types of financial aid, how they are awarded and the application deadlines. This goal was explained using the Free Application for Federal Student Aid (FAFSA).
“All students applying for need-based aid are required to fill out the FAFSA. The FAFSA is a need analysis form that is used to calculate the expected family contribution for purposes of determining eligibility for federal financial aid,” said Socorro Hernandez, Financial Aid Officer at the UC Davis Financial Aid and Scholarships Office. “Federal student aid covers such expenses as tuition and fees, room & board, pocket supplies and transportation,” Hernandez continued.
As the FAFSA can significantly reduce the price of attending college, it is important to file an application.
“To apply for federal student aid, you need to complete the FAFSA form at fafsa.gov. Your parents are required to report their income and tax information from 2016,” said Hernandez.
Most seniors this year at Da Vinci find themselves trying to extinguish the fire that is college tuition, with the cool water that is federal student aid.
“My mom said without financial aid I won’t be able to go to college,”said Da Vinci senior Alexander Quesada. Seniors at Da Vinci that are thinking about going to college are highly encouraged to fill out an application even if you think that you will not qualify.
There is more than just parental income to determine your eligibility for the FAFSA, “Your eligibility depends on your Expected Family Contribution, your year in school, your enrollment status, and the cost of attendance at the school you will be attending,” said Hernandez.
Once FAFSAs are filed and processed, applicants will receive a student aid report (SAR) indicating one’s expected family contribution based on the federal methodology. It can take three to four weeks to get a response if you submit the FAFSA by mail, or a week or less if it is done online. Once the SAR is received, review it carefully for any errors and report them immediately. The FAFSA is submitted just once; copies of the SAR are sent electronically to the campuses designated on the form. More colleges can be added later on. Complete information about the FAFSA, along with forms, can be found at http://www.fafsa.gov. Federal financial aid is important and should be taken advantage of, it is free money!