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Filing for Financial Aid: 2017-2018

Starting with the 2017­–18 application cycle for Free Application for Federal Student Aid (FAFSA) , the following changes will be put in place: 

  • Students will be able to submit a FAFSA® earlier. Students will be able to file a 2017–18 FAFSA as early as Oct. 1, 2016, rather than beginning on Jan. 1, 2017. The earlier submission date will be a permanent change, enabling students to complete and submit a FAFSA as early as October 1 every year. (There is NO CHANGE to the 2016–17 schedule. The FAFSA became available January 1 as in previous years.)
  • Students will use earlier income information. Beginning with the 2017–18 FAFSA, students will be required to report income information from an earlier tax year. For example, on the 2017–18 FAFSA, students (and parents, as appropriate) will report their 2015 income information, rather than their 2016 income information.

Here’s a summary of key dates for submitting the FAFSA depending on when you plan to go to school:

IF YOU PLAN TO ATTEND COLLEGE FROM

YOU WILL SUBMIT THIS FAFSA

YOU CAN SUBMIT THE FAFSA FROM

USING INCOME AND TAX INFORMATION FROM


   

JULY 1, 2018 – JUNE 30, 2019

2018–19

OCTOBER 1, 2017 – JUNE 30, 2019

2016

 
FILING DIRECTIONS 
 
1. Students and Parents/Guardians should register online for a Personal Identification Number (PIN). Get a PIN at www.pin.ed.gov/
2. Complete and file the Free Application for Student Aid (FAFSA) as early as possible to meet all deadlines.  File online at www.fafsa.ed.gov/ .You must fill out the online FAFSA to qualify for federal, state and most college financial aid.
 
  • If you or your child has not yet filed your tax returns, it is okay to carefully estimate the amounts that will be on your tax forms on the FAFSA.  You will need to go back into your account and correct those amounts once you have filed your taxes. 
  • You can call 1-800-4-FED-AD for "Live Help."
  • Don't forget to save and/or print your confirmation page.
3. Watch for a response by email, from FederalStudentAidFAFSA@cpsemail.ed.govor by mail. 
 
4. Watch for e-mails or letters from the schools you listed on your FAFSA.  Be sure to complete any additional paperwork the colleges request and meet all deadlines or you can miss out on aid.
5. You will receive an award letter from each school you listed on your FAFSA around the end of April which will show how much aid you can receive from that school.  Once you decide which school to attend, keep in touch with the financial aid office to find out when and how you will get your aid. 
 
How much federal aid can I get?
 
The amount of federal aid you receive depends on your financial need.  Financial need is determined by your Expected Family Contribution (EFC) and cost of attendance (COA).  The EFC comes from what you report on the FAFSA.  COA is tuition, fees, room and board, transportation, etc.
 
COA-EFC= FINANCIAL AID 
 
For more information go to: www.studentaid.ed.gov
 
Please feel free to contact the guidance office for questions and assistance on financial aid.  You can also contact College Now Greater Cleveland for FREE financial aid counseling.
 
College Now Greater Cleveland
200 Public Square, Suite 3820
Cleveland, Ohio 44114
(216) 241-5587 (phone)
(216) 241-6184 (fax)
 


 



   


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3565 Mayfield Road
Cleveland Hts., OH 44118
P (216) 382-6100
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E droth@lutheraneast.org