{"id":741,"date":"2018-09-19T11:00:30","date_gmt":"2018-09-19T11:00:30","guid":{"rendered":"https:\/\/blogs.winona.edu\/admissions\/?p=741"},"modified":"2019-10-24T20:51:07","modified_gmt":"2019-10-24T20:51:07","slug":"figuring-out-fafsa","status":"publish","type":"post","link":"https:\/\/blogs.winona.edu\/admissions\/blog\/figuring-out-fafsa\/","title":{"rendered":"Figuring Out FAFSA"},"content":{"rendered":"<p>I\u2019m going to get a piece of common knowledge out of the way. College costs a lot of money\u2014and people don\u2019t usually have a spare $18K lying around the house.<\/p>\n<p><a href=\"https:\/\/blogs.winona.edu\/admissions\/wp-content\/uploads\/sites\/10\/2018\/09\/FAFSA-at-Warrior-Hub.jpg\"><img decoding=\"async\" class=\"alignnone size-full wp-image-5385\" src=\"https:\/\/blogs.winona.edu\/admissions\/wp-content\/uploads\/sites\/10\/2018\/09\/FAFSA-at-Warrior-Hub.jpg\" alt=\"A student in the Warrior Hub lobby holds a laptop showing the FAFSA application \" width=\"1280\" height=\"720\" srcset=\"https:\/\/blogs.winona.edu\/admissions\/wp-content\/uploads\/sites\/10\/2018\/09\/FAFSA-at-Warrior-Hub.jpg 1280w, https:\/\/blogs.winona.edu\/admissions\/wp-content\/uploads\/sites\/10\/2018\/09\/FAFSA-at-Warrior-Hub-300x169.jpg 300w, https:\/\/blogs.winona.edu\/admissions\/wp-content\/uploads\/sites\/10\/2018\/09\/FAFSA-at-Warrior-Hub-768x432.jpg 768w, https:\/\/blogs.winona.edu\/admissions\/wp-content\/uploads\/sites\/10\/2018\/09\/FAFSA-at-Warrior-Hub-1024x576.jpg 1024w, https:\/\/blogs.winona.edu\/admissions\/wp-content\/uploads\/sites\/10\/2018\/09\/FAFSA-at-Warrior-Hub-1080x608.jpg 1080w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/a><\/p>\n<p>Maybe you\u2019re lucky enough not to need any financial aid, but you\u2019re probably more like me and the other 94%\u00a0of WSU undergraduate students who receive some form of financial aid.<\/p>\n<p>And the first step to receiving that <a href=\"http:\/\/www.winona.edu\/financialaid\/basics.asp\">financial aid<\/a> is submitting your Free Application for Federal Student Aid, or<a href=\"https:\/\/fafsa.ed.gov\"> FAFSA<\/a>.<\/p>\n<h4>No FAFSA, No Financial Aid for You<\/h4>\n<p>Actually, filing your FAFSA is the <strong>only step<\/strong> to apply for financial aid at WSU. The FAFSA for next school year opens on Oct 1. To get started, go to the <a href=\"https:\/\/fafsa.ed.gov\">FAFSA website<\/a>\u00a0and click the link to \u201cStart a New FAFSA,&#8221; or you can try out the <a href=\"https:\/\/financialaidtoolkit.ed.gov\/tk\/announcement-detail.jsp?id=fafsa-mobile-options#fafsa-completion-mystudentaid-app\">new mobile app<\/a>!<\/p>\n<p>You\u2019ll then have to create an account using your name, Social Security number and date of birth. Then, there will be a series of questions about things like your family\u2019s income, the size of your family, how many children will be in college next year and your personal income (if you had to file taxes).<\/p>\n<p>You will also need to know Winona State\u2019s Title IV <strong>school code,<\/strong> which is <strong>002394.<\/strong><\/p>\n<p>But before all the numbers start to freak you out, know that there are directions and explanations next to the each question to help you if you get confused as well as an entire <a href=\"https:\/\/fafsa.ed.gov\/help.htm\">FAFSA help site<\/a>.<\/p>\n<p>Once you finish the questions and hit \u201csubmit,\u201d you\u2019re done. It&#8217;s really that simple.<\/p>\n<h4>Pro Tip: Have Your Info Ready<\/h4>\n<p>Honestly, the hardest part about filing the FAFSA is finding the various necessary documents which, depending on your family circumstances and financial situation, might include:<\/p>\n<ul>\n<li>Your Social Security number<\/li>\n<li>Your parents\u2019 Social Security numbers if you are a dependent student<\/li>\n<li>Your driver\u2019s license number<\/li>\n<li>Your Alien Registration Number if you are not a U.S. citizen<\/li>\n<li>Federal tax information or tax returns for you and for your parents if you are a dependent student<\/li>\n<li>Records of your untaxed income for you and for your parents if you are a dependent student<\/li>\n<li>Information on cash, savings and checking account balances, investments, and business and farm assets for you, and for your parents if you are a dependent student<\/li>\n<\/ul>\n<p align=\"center\">(This list was adapted from a more detailed list that can be found<a href=\"http:\/\/studentaid.ed.gov\/fafsa\/filling-out#documents\"> here<\/a>)<\/p>\n<p>The FAFSA doesn\u2019t actually award you any financial aid; it simply calculates the amount of money your family is reasonably responsible for providing towards your education. This is called your expected family contribution, or EFC.<\/p>\n<p>The WSU Financial Aid Office uses your EFC to determine the amount of need-based and non-need-based aid you can receive. The federal government and Minnesota government also use your EFC and other FAFSA information in determining your eligibility for grants and student loans.<\/p>\n<p>So, by filling out the FAFSA, you\u2019ve gotten an automatic 3 for 1 deal for financial aid applications!<\/p>\n<p>Now that I\u2019ve explained it to you, it doesn\u2019t seem so intimidating or difficult does it?<\/p>\n<h4>Don&#8217;t be Late to the Party<\/h4>\n<p>So get on over to the FAFSA site and apply now. WSU strongly recommends filing your FAFSA by May 15 if you plan to attend the University for the fall semester.<\/p>\n<p>Keep in mind that most federal and state aid is awarded on a first-come, first-serve basis, so you want to get your application processed as soon as possible. If you wait until after May 15, you might not get as large a financial aid offer as you would have otherwise received.<\/p>\n<p>I promise you, it\u2019s worth the effort.<\/p>\n<p><a href=\"https:\/\/www.winona.edu\/financial-aid\/apply.asp\"><img decoding=\"async\" class=\"alignnone wp-image-6042 size-full\" src=\"https:\/\/blogs.winona.edu\/admissions\/wp-content\/uploads\/sites\/10\/2018\/09\/Apply-Financial-Aid-CTA-102419.png\" alt=\"Apply for Financial Aid\" width=\"300\" height=\"77\" \/><\/a><\/p>\n<p style=\"text-align: right;\"><strong>&#8211; Updated by Erin Kloepping &#8217;19<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I\u2019m going to get a piece of common knowledge out of the way. College costs a lot of money\u2014and people don\u2019t usually have a spare $18K lying around the house. Maybe you\u2019re lucky enough not to need any financial aid, but you\u2019re probably more like me and the other 94%\u00a0of WSU undergraduate students who receive [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5385,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1,1835],"tags":[1811,1814,1813,1812],"class_list":["post-741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-admissions-blog","category-money-finances","tag-affordability","tag-commit-transition","tag-decide-enroll","tag-narrow-apply"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/blogs.winona.edu\/admissions\/wp-content\/uploads\/sites\/10\/2018\/09\/FAFSA-at-Warrior-Hub.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7OGeT-bX","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/blogs.winona.edu\/admissions\/wp-json\/wp\/v2\/posts\/741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.winona.edu\/admissions\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.winona.edu\/admissions\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.winona.edu\/admissions\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.winona.edu\/admissions\/wp-json\/wp\/v2\/comments?post=741"}],"version-history":[{"count":15,"href":"https:\/\/blogs.winona.edu\/admissions\/wp-json\/wp\/v2\/posts\/741\/revisions"}],"predecessor-version":[{"id":6043,"href":"https:\/\/blogs.winona.edu\/admissions\/wp-json\/wp\/v2\/posts\/741\/revisions\/6043"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.winona.edu\/admissions\/wp-json\/wp\/v2\/media\/5385"}],"wp:attachment":[{"href":"https:\/\/blogs.winona.edu\/admissions\/wp-json\/wp\/v2\/media?parent=741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.winona.edu\/admissions\/wp-json\/wp\/v2\/categories?post=741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.winona.edu\/admissions\/wp-json\/wp\/v2\/tags?post=741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}