College Now Greater Cleveland
October 1st is the date that the FAFSA opened. The federal document, FAFSA, establishes your family’s Expected Family Contribution known as your (EFC). The EFC is determined by a federal formula calculating the family’s and student’s income and assets. The FAFSA only determines eligibility for Federal funds. It does not define merit money issued by colleges. The FAFSA is divided into two parts, student information and parent information. It requires the student and one parent to get an FSA ID. The FSA ID will serve as your signature for as long as you in college. You will access the FAFSA at FASFA.gov.,
On the FAFSA you will put the code for each college where you have applied. Each college that has accepted you will use the information on the FAFSA to make a financial aid package known as an award. The schools will issue the financial award to your email or by mail. This award letter itemizes the amount of grant and scholarship money you may receive along with student and parent loans (yes, loans are considered financial aid and must be paid back). It is very important to have a discussion with your parents about the cost of the colleges where you would like to attend.
I’m looking forward to meeting with you. I also will keep you updated on scholarships and programs available to you through College Now.
Have a great senior year.
College Now Advisor
COLLEGE NOW RESOURCES
Financial Aid Night
Click here to view a Screencastify of the presentation from Monday, October 18, 2021.
CollegeNow Financial Aid Presentation that was presented on Monday, October 18, 2021.