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Financial AidFinancial Aid<div class="ExternalClass313505A8033B4736BF5DFD0CF1EE4447">There are many different types of Financial Aid and it can come from many different sources, which is why we are trying to make it easier to understand! We offer individualized assistance, FAFSA small groups, and larger group workshop sessions to help find funding and apply for financial aid. Visit our <a href="" target="_blank" style="text-decoration:underline;"> <strong style="color:#0072c6;">Workshops</strong></a> page to find and sign up for upcoming FAFSA small groups and workshops. One-on-One <a href="" target="_blank" style="text-decoration:underline;"><strong style="color:#0072c6;">Appointments</strong></a> may also be made specifically for completing the FAFSA. Make sure to check out the different links on this page and also our <span style="color:#0072c6;text-decoration:underline;"> <strong> <a href="/collegedepot/resources" target="_blank"> <span style="color:#0072c6;">Resources</span>​</a></strong></span> page to learn even more about the difference between loans and grants, or to answer some questions about the FAFSA and what that even means!​<br></div><div class="ExternalClass313505A8033B4736BF5DFD0CF1EE4447"><br></div><div><span style="font-family:"segoe ui", segoe, tahoma, helvetica, arial, sans-serif;"><b><u>FAFSA for 2024-2025 School Year</u></b><br><div><p>The Free Application for Federal Student Aid (FAFSA®) is an important step in paying for college or trade school. Any student who wants to be considered for federal, state, and school financial aid programs should complete the FAFSA form. This includes grants, scholarships, work-study funds, and loans.<br></p></div><div><p>Students and their parents seeking FAFSA assistance may complete <a href="" target="_blank"><strong>this form</strong></a> to be contacted by our office.</p><p>*Note regarding the 2024-25 FAFSA:<br></p><p>College Depot is aware of the open issues relating to the creation of FSA IDs and completion of the 2024-25 FAFSA form. The FAFSA Simplification Act represents significant changes of the processes and systems used to award federal student aid starting with the 2024–25 award year. This includes changes to the Free Application for Federal Student Aid (FAFSA®) form, which opened December 31st, 2023.  We are in the "soft launch" period of the 2024-25 FAFSA® form. During the soft launch period, Federal Student Aid (FSA) will monitor site performance, conduct pauses for maintenance, and make updates to improve the user experience for students and families.​</p><p><b><span style="text-decoration-line:underline;">FAFSA Handouts</span></b></p></div></span></div><div class="ExternalClass313505A8033B4736BF5DFD0CF1EE4447"><b>FAFSA Process & Next Steps.</b> <span style="color:#0072c6;"><strong><a href="/documents/CD%20FAFSA_2021_8x11.pdf" target="_blank">Click here</a></strong></span>​ for a visual guide of the FAFSA process and what to do after it has been submitted. <br></div><div class="ExternalClass313505A8033B4736BF5DFD0CF1EE4447"><br></div><div class="ExternalClass313505A8033B4736BF5DFD0CF1EE4447"><b>FSA ID Guide.</b> <a href="/documents/FSA%20ID%20Guide_2023.pdf" target="_blank"><b>Click here</b></a> for a guide to creating an FSA ID for students and their parent(s). ​<br></div><div class="ExternalClass313505A8033B4736BF5DFD0CF1EE4447"><br></div><div class="ExternalClass313505A8033B4736BF5DFD0CF1EE4447"><b>Student Dependency Guide.</b> <a href="/documents/FAFSA_Dependency%20Guide_2023.pdf" target="_blank"><b>Click here</b></a> for a guide to determining student dependency status on the FAFSA and who the student should include as their parent/guardian. <br><br></div>





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An Overview of the Financial Aid ProcessAn Overview of the Financial Aid Process<div class="ExternalClass3B5A2822EC8447F3A6257FF7468AA438">Are you ready to attend college or career school, but need financial aid to help fund your education? Check out this video to learn how the office of Federal Student Aid provides more than $150 billion in grants, loans and work-study funds.​<br></div>7
Different Types of Federal Student AidDifferent Types of Federal Student Aid<div class="ExternalClassF85859D1617E4514ACB8FC552C9AC3A9">If you need help paying for college or career school, the office of Federal Student Aid can assist you with getting the money you need. Check out this video to learn about grants, loans, and work-study jobs and how they can help fund your education.<br></div>8
How to Determine Your Dependency StatusHow to Determine Your Dependency Status<div class="ExternalClass47277E8E30224FDBB39C2FB6905C4679"><p>Are you ready to complete the Free Application for Federal Student Aid, but are unsure whether you'll need to provide parental information on the form? Check out this video to help you determine whether you're an independent or dependent student.​<br></p></div>6
What Happens After the FAFSA?What Happens After the FAFSA?<div class="ExternalClass35FAAC4561414DCCB8F24CD8C31DF2C0"><p>​Have you filled out your Free Application for Federal Student Aid (FAFSA) and are wondering what happens next? Check out this video to learn what to expect after completing the FAFSA.​<br></p></div>9



FSA IDFSA ID<div class="ExternalClass84A2456A1A5F4E4C96F91290E0A10989">​Creating an FSA ID is your first step in the process toward receiving student aid through the Free Application for Federal Student Aid (FAFSA). A FSA ID is a username and password that you must use to log in to certain U.S. Department of Education (ED) websites. Your FSA ID identifies you as someone who has the right to access your own personal information on ED websites such as the Free Application for Federal Student Aid (FAFSA). If you are a dependent student, you and your parent will both need to create a FSA ID. You will need an email address, your social security number and some other basic information. This can take 1-3 days to process, which can block you out of your FAFSA until the processing is complete so plan accordingly. If a parent has more than one child submitting a FAFSA application, they can use the same FSA ID to electronically sign all applications. If a student does not have a​​ FSA ID by the time they fill out the FAFSA, they will be prompted to apply for one. This process can be daunting, so let us help! Schedule an appointment today!<br></div> Window
The FAFSAThe FAFSA<div class="ExternalClassE054CD856B2E46978036F08027E9900A">Created an FSA ID?  The next step in applying for financial aid is to complete the Free Application for Federal Student Aid (FAFSA). It is important to complete the FAFSA early in order to receive maximum consideration for free money. The FAFSA becomes available on October 1st of each year and will require student and/or parent tax information from the previous year. For more information, check out this comprehensive guide to Filling out the FAFSA linked below, and then contact us for a workshop or FAFSA small group, where we will walk you through completing the FAFSA.<br></div> Window
Estimated Family Contribution (EFC)Estimated Family Contribution (EFC)<div class="ExternalClass66325001068F437BB9B9F79940BFE847">​Students and families are expected to contribute to the cost of college to the extent of what they are able. The FAFSA uses a complex formula to estimate what a student and family can contribute to the overall cost of college. The Estimated Family Contribution or EFC is a number that the government and most schools use when assessing how much aid a student is eligible to receive. Your can view your EFC as soon as your FAFSA is submitted. Even if you are unsure whether or not you will qualify for any government aid, it is a good idea to complete the FAFSA so that you and your school can view your EFC.​​​​<br></div> Window
Eligibility for Federal Student AidEligibility for Federal Student Aid<div class="ExternalClass380FB17627344B2CB1CFE8416BC04FF5"><p>​Wondering if you qualify​ for federal ​student aid?  Check out this infographic to learn more.<br></p></div> Window
Determining Dependency StatusDetermining Dependency Status<div class="ExternalClass399BD7D27FC54807BE3E6BD7557F264D"><p>Have questions about your dependency​ status?  Click to learn if you are a dependent student or an independent student on the FAFSA.<br>​<br><br></p></div> Window
Who is My Parent When Filling Out the FAFSA?Who is My Parent When Filling Out the FAFSA?<div class="ExternalClass46AA8B99E8724B86B0CEE384746FE570"><p>​Dependent students are required to report parent information on the FAFSA.  Find out the specific info you will need.<br></p></div> Window







Calculating Financial Aid Financial AidCalculating Financial AidNew Window0x0100B7E011FE46583C4E8C35CBD368DCEE8D0079739691E7ACA5418776612748C8B5B7<div class="ExternalClass65D565912819451C81BB5666754824E9"><p>​How is financial aid calculated and determined?  Click to find out details and specific information about the process.<br></p></div>
Federal Student Loans Student LoansLoansNew Window0x0100B7E011FE46583C4E8C35CBD368DCEE8D0079739691E7ACA5418776612748C8B5B7<div class="ExternalClass98056BDED9E14CE8AFE009DB5B4698AB"><p>​Learn what types of federal students loans may be available to you.<br></p></div>
Grants of Financial AidNew Window0x0100B7E011FE46583C4E8C35CBD368DCEE8D0079739691E7ACA5418776612748C8B5B7<div class="ExternalClass8D3949E31A7E462ABCBCC11A43B88B9F">Grants are <span lang="EN">free money</span> awarded to q​ualified students. The <span lang="EN">Pell G​rant</span> is the most common grant awarded by the FAFSA and is based on your EFC. The Pell, any state grants that may be offered, or even school grants, can be renewed every year by completing your FAFSA before your state's priority deadline. Come in to the College Depot, we can help!<br></div>
Scholarships Window0x0100B7E011FE46583C4E8C35CBD368DCEE8D0079739691E7ACA5418776612748C8B5B7<div class="ExternalClassE388626808E14C5C9BF113850B6E2207"><p>​Learn about finding and applying for scholarships to help pay for your educational goals.<br></p></div>
The Pell Grant Pell GrantGrantsNew Window0x0100B7E011FE46583C4E8C35CBD368DCEE8D0079739691E7ACA5418776612748C8B5B7
Work-Study Window0x0100B7E011FE46583C4E8C35CBD368DCEE8D0079739691E7ACA5418776612748C8B5B7<div class="ExternalClass2BDD6B6161B54D56A7D5765D190105B4"><p>​Find out more about the federal work-study program.<br></p></div>
College Depot Scholarships Page Depot Scholarships PageScholarshipsSame Window0x0100B7E011FE46583C4E8C35CBD368DCEE8D0079739691E7ACA5418776612748C8B5B7
Loans of Financial AidNew Window0x0100B7E011FE46583C4E8C35CBD368DCEE8D0079739691E7ACA5418776612748C8B5B7<div class="ExternalClass1199C2B93D1A478A88B4508C837AA16A">​Loans are funds provided to students (or parents in the case of the Parent PLUS Loan) and must be repaid. Some student loan programs require financial need while others do not. There are two types of loans that students will be eligible for immediately upon completion of the FAFSA, which are: the <span lang="EN">Direct Subsidized Sta​fford Loan and the Direct Unsubsidized Stafford Loan. </span>Be sure to read up on the differences between these two loans, and speak with your Financial Aid counselor to sign up or find out information on other private or institutional loan options.<br></div>
Work-Study of Financial AidNew Window0x0100B7E011FE46583C4E8C35CBD368DCEE8D0079739691E7ACA5418776612748C8B5B7<div class="ExternalClassE67750B7677D4C8DAE74635EDA8A919B">​Unlike grants or loans, the Federal Work-Study program is awarded throughout the semester, through student employment. Students can work on campus and earn funds which can be put toward a student's educational expenses, while the student gains beneficial work experience. If interested, be sure to designate so while completing the FAFSA.<br></div>
Scholarships of Financial AidNew Window0x0100B7E011FE46583C4E8C35CBD368DCEE8D0079739691E7ACA5418776612748C8B5B7<div class="ExternalClassF0A99213FA9E478289BC1C6ABAF763E3">​Scholarships are different from the rest because they can be obtained from many different places and can be need-based or merit-based. Most scholarships require a separate application as well as other materials (e.g. essays, letters of recommendation, etc.) a​nd can be  one time only or renewable each year. Make sure to call or visit College Depot with any Scholarship questions and make sure to check out our <span lang="EN"><a href="/collegedepot/scholarships" target="_blank">Scholarships​</a> page </span>for a rotating list of upcoming opportunities<br>​<br>​<br></div>
CSS Financial Aid Profile Worksheet Financial Aid Profile Worksheet_2023.pdfCSS Financial Aid Profile WorksheetFinancial Aid ResourcesNew Window0x010100BAC29FC12BF93C4A8AFE04BFB4DF609BSome colleges and universities may require a CSS Financial Aid Profile in order to qualify for institutional financial aid. Filling out this worksheet in advance can help you prepare the necessary information and save time when you create your profile.
FAFSA Dependency Guide Guide_2023.pdfFAFSA Dependency GuideFinancial Aid ResourcesNew Window0x010100BAC29FC12BF93C4A8AFE04BFB4DF609B
FAFSA FAQs FAQs_2023.pdfFAFSA FAQsFinancial Aid ResourcesNew Window0x010100BAC29FC12BF93C4A8AFE04BFB4DF609B
FSA ID Guide for 2023 ID Guide_2023.pdfFSA ID Guide for 2023Financial Aid ResourcesNew Window0x010100BAC29FC12BF93C4A8AFE04BFB4DF609B