FAQs
Once we receive all your documents, we will ensure your file is complete. Then it will be processed by a counselor. This usually takes 2-4 WEEKS, but longer during May-September because we are busier.
What is the average amount students receive from FAFSA? ›
The majority of students awarded financial aid received federal grants. The average federal grant award for undergraduate students has more than doubled to $8,890 in 2022 from $4,335 in 2001. Student aid estimates for 2022-2023 show that average federal grant aid has increased to $10,677.
How to get the most out of fasa? ›
Here are seven of our best tips to help you strategize this next step in your journey.
- File forms as early as possible. ...
- Minimize student assets. ...
- Understand and utilize FAFSA strategies. ...
- Fill out FAFSA regardless of income. ...
- Prepare for merit-based aid possibilities. ...
- Consider even top-rated schools as options.
What is the federal school code for Perimeter college? ›
You can get help to complete your FAFSA online. Print a copy for your records. When you complete the FAFSA, list the correct school code. Georgia State University's Federal School Code is: 001574.
Does everyone get selected for FAFSA verification? ›
Verification is a process that the U.S. Department of Education uses to make sure that the information reported on the FAFSA is accurate. Some FAFSA applications are selected because of inconsistent information, and others are chosen randomly.
How many students are selected for verification? ›
In the 2021-2022 academic year, recognizing that the pandemic already created enough burdens for students, their families, and colleges, the Department chose to reduce the percentage of students selected for verification from 18% to 3-4%, targeting only cases of likely fraud.
How does FAFSA determine how much financial aid you get? ›
Your eligibility depends on your Student Aid Index (2024–25 FAFSA form) or Expected Family Contribution (2023–24 FAFSA form), your year in school, your enrollment status, and the cost of attendance at the school you will be attending.
What is the maximum FAFSA payout? ›
The maximum Federal Pell Grant award is $7,395 for the 2023–24 award year (July 1, 2023, to June 30, 2024). The maximum Federal Pell Grant award is $7,395 for the 2024–25 award year (July 1, 2024, to June 30, 2025). your plans to attend school for a full academic year or less.
What are my chances of getting financial aid? ›
According to the National Center for Education Statistics, over 85 percent of students receive some form of financial aid. However, the amount students receive is based on different factors, such as the type of institution students attend (public versus private), as well as their household income.
What are the three most common FAFSA mistakes? ›
11 Common FAFSA Mistakes
- Not Completing the FAFSA® ...
- Not Using the Correct Website. ...
- Not Getting an FSA ID Ahead of Time. ...
- Waiting to Fill Out The FAFSA Until After You File Taxes. ...
- Not Filing by the Deadline. ...
- Not Reading Definitions Carefully. ...
- Inputting Incorrect Information. ...
- Not Reporting Parent Information.
Request a Reevaluation of Your Circ*mstances
Through this process, you can petition for a reevaluation of the information on your FAFSA® form. This process will likely require you to submit additional documentation to your school's financial aid office.
What is the most money FAFSA can give you? ›
Federal financial aid limits
| Maximum amount (2023-24) |
---|
Direct Subsidized Loan | $3,500 to $5,500 per year, depending on year in school |
Direct Unsubsidized Loan | $5,500 to $20,500 per year, depending on year in school and dependency status |
Direct PLUS Loan | Total cost of attendance (net of other financial assistance received) |
5 more rowsApr 8, 2024
How long does FAFSA take to process? ›
This article applies only to the 2023–24 Free Application for Federal Student Aid (FAFSA®) form. If you submitted your 2023–24 FAFSA form online, we'll process your form within three to five days. If you submitted a paper FAFSA form, your form will be processed within 7 to 10 days.
Can I add a school to my FAFSA after submitting? ›
To add colleges and career schools after you have already submitted a 2024–25 FAFSA form, log in to StudentAid.gov and do the following: From your Dashboard, select the submitted FAFSA form. Select “Add or Remove Schools” from the Selected Colleges card. Select “Search and select schools."
How to get FAFSA sai? ›
Follow these steps to find your SAI:
- Log in to StudentAid.gov using your account username and password.
- Select your processed FAFSA submission.
- Select “View FAFSA Submission Summary.”
- Select the “Eligibility Overview” tab.
How do you know if your FAFSA has been verified? ›
You might see a note on your FAFSA Submission Summary saying you've been selected for verification; or your school might contact you to inform you that you've been selected. Verification is the process your school uses to confirm that the data reported on your FAFSA form is accurate.
How long does it take to know if you got approved for financial aid? ›
This article applies only to the 2023–24 Free Application for Federal Student Aid (FAFSA®) form. If you submitted your 2023–24 FAFSA form online, we'll process your form within three to five days. If you submitted a paper FAFSA form, your form will be processed within 7 to 10 days.
What happens if you don't complete FAFSA verification? ›
Providing information, including your Social Security number, is voluntary. However, if you don't provide the information we need to process your Free Application for Federal Student Aid (FAFSA®) form, the student's aid may be delayed or denied.
Why isn't my FAFSA verification working? ›
If the ID verification is unsuccessful, you'll receive an email titled, “Your StudentAid.gov Account Has Not Been Verified.” This could happen because of poor image quality of the uploaded documents. If you believe the image quality is the issue, you can retry the process.