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Financial Aid - Shared screen with speaker view
Kalon Scott
32:11
What is the difference between FAFSA and CSS?
Roman Kachur
35:24
Are international students eligible for FSA ID ?
Ellie Kleinman
36:45
Once you have filled the information out the first year, does much of repopulate for the next year, or do you have to refill all of the information in again each year?
Rob Maddox
37:01
Students must have a SSN or be a "green card" holder to be able to file the FAFSA.
Rob Maddox
37:25
https://studentaid.gov/understand-aid/eligibility
Tory Estabrook
37:32
can you clarify if FASFA can be done in 11th grade
Rob Maddox
37:55
The Name and basic info will carry over. The financial info will need to be completed each year.
david
38:53
Do they take retirement income into account for financial aid, such as a TSP account?
Rob Maddox
39:31
No- Retirement accounts are not included in the FAFSA information.
Ellie Kleinman
39:32
Can you explain what you just said as far as the impact on divorced parents vis a vis taxes once the student is in college and you are re-filling out the form each year?
iPhone
39:33
Once we include 10 schools on the FAFSA application but want to apply for 4 more schools (total of 14 schools), do we remove 4 schools from the list in order to add the 4? If so, how do we know the 4 schools we are removing we’re transmitted to the school?If I remove the schools from the FAFSA list, does it remove it from the individual schools as well ?
Sali Simsek
39:33
Can a student apply if they are here legally on a parent’s job visa (father has ssn)?
Rob Maddox
40:33
You can add more schools by that method and does not remove what was already sent to the schools.
Rob Maddox
40:54
The student must have a valid SSN in order to apply
Sali Simsek
42:09
Is having an ssn a must when applying for any kind of scholarship?
cristin
43:34
As an active military family with parents who are married but have different states for home of residence, which do I put or is there a place to put both? And, it’s not where we live in MD.
Tandra Knight
44:51
Do I have to report court ordered child support as income? What if the other parent chooses not to pay the court ordered child support--does that still count as income even though I don't receive it?
Rob Maddox
45:12
cristin- it will be your state of residence on record. There is only place for one state.
Rob Maddox
45:44
You will only count what you have received. The court order amount does not impact anything, just what has been received.
wb375745
46:09
if a parent does not file taxes, does the student qualify to apply?
Rob Maddox
47:02
The student can Absolutely still apply. You will just mark "not filing" on the FAFSA
Wenchi Hu
47:25
will current financial info - investments include 401k/hr10 (retirement funds)?
Ellie Kleinman
47:56
Do you only fill out the CSS the first year when a student applies, or do you have to fill it out every year, like the FAFSA?
Rob Maddox
47:58
No retirement accounts will be included on the FAFSA.
Rob Maddox
48:24
The CSS will be each year
wb375745
49:13
if a student is currently in the early college program , do they qualify to apply in their final year of early college?
Rob Maddox
49:45
What is the early college program?
Ellie Kleinman
50:18
Are you allowed to use financial aid to pay for all indirect costs, or just direct costs?
wb375745
50:19
Early College is Dual enrollement
Byeong Lee
50:49
If the family income exceed 110K, is it still worth to apply for FAFSA?
Rob Maddox
52:13
Yes- the Cost of attendance will allow you to use aid to cover those expenses.
Rob Maddox
52:51
Dual enrollment is still high school, so they will file the FAFsA and apply as normal in their senior year
Rob Maddox
53:31
YES! Always file the FAFSA the first year. It will only open up opportunities for students and families.
heaven
54:45
does the FAFSA need to be filled before college application ?
Rob Maddox
55:05
File the FAFSA as soon as possible.
Rob Maddox
55:25
It does not need to be but it is a good idea.
Kalon Scott
59:23
At what point in the process do we apply for loans?
minitti
01:00:14
could you repeat what you said about the ’22-’23 application not taking into account having multiple children in college at once?
Rob Maddox
01:00:31
The FAFSA is the application for the student federal loans. For the parent and private loans, it will be once a deposit is paid and after July 1 of the academic year they will enroll.
HIEN VU
01:00:33
Does FAFSA offer the same opportunities for US citizen and green card holders? or different offers?
Rob Maddox
01:00:49
The opportunities are exactly the same.
Rob Maddox
01:01:21
The number in college question will be removed, and we are not sure the impact as of yet.
HIEN VU
01:02:04
If the parents own more than 1 house, do they have to provide that information on FAFSA?
Roman Kachur
01:02:41
Student doesn't is on my G4 visa and doesn't have SSN. I do have SSN. Can I apply for Stafford loans?
Rob Maddox
01:03:46
The additional property can be taken into account especially if it is a rental property.
Rob Maddox
01:04:07
There must be a FAFSA on file for there to be any Direct loans available.
michaelmincin
01:06:21
Can you get a Parent Plus loan if the FAFSA results in no financial need for the school?
Rob Maddox
01:06:48
Yes- the PLUS loan will still be available.
Shiv Dobriyal
01:07:26
529 Investments will fall under Parents' asset OR under student's? Given that the Parent is the account holder and the student is the beneficiary...
Nerissa Ngati
01:08:57
what are title 4 schools?
Byeong Lee
01:09:23
Is the information about the NPC for each college provided by Neviance program accurate?
Ellie Kleinman
01:09:25
Do you login with your own ID, or with your student’s ID?
Ellie Kleinman
01:09:34
into the FAFSA website?
Rob Maddox
01:09:49
Title IV schools are schools that participate in federal funding programs.
Rob Maddox
01:10:08
I would rely on the individual schools NPC more than a single source
Rob Maddox
01:10:25
Start with the students FSA ID to log in
Michele
01:10:48
how do I get a FSA ID?
Rob Maddox
01:11:28
https://studentaid.gov/fsa-id/create-account/launch
Lisa Salerno
01:11:31
Does 529 money need to be reported as a student asset?
Rob Maddox
01:12:04
https://www.fastweb.com/financial-aid/articles/confusion-about-reporting-custodial-529-college-savings-plan-accounts-on-the-fafsa
Marysol Cummings
01:12:08
Our son is a jr. do you suggest getting an fsa id now or should we wait until next year
...
01:14:03
Can you make a summary of the questions/answers?
Kalon Scott
01:14:08
A lot of scholarships appear to be random drawings or contests. How do I tell what the scams are vs. legit scholarships?
Adam Burns
01:14:25
Can you go back over the timing of applying for Direct Unsubsidized loans? I know you typed the answer, but I think I missed it.
Rob Maddox
01:14:27
Never pay to be eligible for a scholarship.
Victoria Svensson
01:14:40
Does both parents need a FSA ID and be on the application?
Rebecca McGuire
01:14:46
There will be a recording of this presentation on the WJ website under Counseling in a few days
Vinod Beri
01:15:36
I am on a G4 and never filed taxes, my older son didn't qualify for fafsa, could you please explain how that works. I am ready to file for my Senior this year.
Markus
01:18:24
What percent of schools use only the FAFSA in determining financial aid?
Elodie
01:18:26
what is the FSA id?
Vinod Beri
01:18:28
there were no tax returns
wb375745
01:19:25
could you please repeat the response on G4
wb375745
01:19:36
whats supposed to be done?
bsolnik’s iPhone
01:20:06
Can I change fafsa numbers after I submit it?
Roman Kachur
01:20:09
All family members are on G4. My daughter doesn't have SSN. What may be her options ?
Floreta Faber
01:20:25
What if one parent files taxes but the other parent works in another country, and is not american citizen
Ellie Kleinman
01:20:41
For merit aid, do schools actually also consider circumstances or need along with merit, or do you think it is purely based on merit?
trejo
01:21:04
If you make over 130k, can you get aid?
bsolnik’s iPhone
01:22:14
If I wait til jan does that change the year fafsa wants income from from 2020 to 2021?
Floreta Faber
01:22:28
What if one parent files taxes but the other parent works in another country, and is not american citizen.
Richard
01:22:29
What would be different for a child under guardianship.
Vinod Beri
01:22:40
we should create a g4 club for all those struggling on G4 visa issues
Eleora_E_4:40
01:22:46
What if my legal last name was changed on every official doc but my ssn and although we are scheduled to get it changed, I already submitted it with the name on my ssn (before I knew we were scheduled)?
Kalon Scott
01:23:05
Where can I find Merit based resources?
Floreta Faber
01:23:41
What if one parent files taxes but the other parent works in another country, and is not american citizen.
bsolnik’s iPhone
01:24:05
If divorce occurs in 2021 does fafsa not consider this because it didn’t occur in 2020?
Eleora_E_4:40
01:24:07
how much estimated aid can I get if the income after taxes was 86k for a five person household?
cristin
01:24:27
Do I understand that if I’m completing the FAFSA as the parent, I should enter the student’s FSA ID instead of mine?
Eleora_E_4:40
01:24:29
ok thank you!
Byeong Lee
01:24:30
Estimation of EFC seems to be subjective, and wonder how to do fair or reasonable calculation for EFC?
josef_finn
01:24:43
Are this presentation and the follow up questions recorded and captured anywhere?
Rebecca McGuire
01:26:24
Josef-the entire presentation will be on the WJ website in a few days under counseling and CAC
Ellie Kleinman
01:26:32
I understand that step parents income has to be included on a FAFSA. Does that mean that the step parent is technically considered responsible for paying for the student’s education?
Floreta Faber
01:28:05
What if parents of an US citizen have to leave US in 2022 and go back in another country they are from. They are from a country with very low income … what happens with the student fafsa for the first year
Jennifer Mckay
01:28:06
Is the FAFSA ID the same thing as the account username?
Ellie Kleinman
01:28:09
I am confused, I thought that the parent fills out the FAFSA with the child’s FAFSA ID. Is that incorrect?
Shiv Dobriyal
01:29:18
Asking again....529 Investments will fall under Parents' asset in FAFSA OR under student's? Given that the Parent is the account holder and the student is the beneficiary...
Rob Maddox
01:30:28
https://www.fastweb.com/financial-aid/articles/confusion-about-reporting-custodial-529-college-savings-plan-accounts-on-the-fafsa
Elodie
01:31:03
if parents fill taxes separatly and the children are declared with only one of them, the one making the most money, do we have to fill with the taxes of onee parent or both?
Floreta Faber
01:33:06
Again … is it the student or the parent who files fafsa; is the student or parent who is responsible for the loan received
Elodie
01:33:33
deadline to submit FAFSA for seniors
Shiv Dobriyal
01:34:20
If a parent's employer reimburses part of the Tuition as benefit. Will that need to be included as Parent's asset...and how?
Floreta Faber
01:34:20
How many schools you can go for favsa?
Shiv Dobriyal
01:34:55
Thanks!!
Cheryl Facemire
01:35:05
Thank you
Marlie Osterhues
01:35:18
Thank you
Ashley Sosa Rodriguez
01:35:21
thank you!
Jennifer Mckay
01:35:28
Is the FAFSA ID the same thing as the account username?
Sophia ArauzoRamirez
01:35:31
Thank you very much for all the info! Presentation was amazing and very clear!!!
Fiona
01:35:32
Thank you so much!
Cheryl DiFrank
01:35:32
Please complete the survey: https://forms.gle/FfDQaM47zsGLP5xZ7CAC website: https://www2.montgomeryschoolsmd.org/schools/wjhs/parents/guidance_events/
Reyna Escamilla
01:35:35
Thank you! very much
Ellie Kleinman
01:35:36
Thanks so very much!
Bayarbaatar A
01:35:39
Thank you
reynabnunez
01:35:42
Applied for Student FinancialAid before and the student was denied due to its parent’s substantial equity in the home - would this be an impediment for FAFSA?
Josephine Chen
01:35:49
how long will this recording be up for? If I have questions several months later, can I still find this recording?
patrick fortier
01:35:57
How can we get a recording of this meeting?
reynabnunez
01:36:00
Thank you!
Aibek
01:36:16
thank you
Marysol Cummings
01:36:20
TY!
Adam Burns
01:36:20
Thanks!!!
Elodie
01:36:22
thanfk you
Mariam Abdelfadeel
01:36:33
Thank you
Pearly Gal-edd
01:36:44
Thank you
Cheryl DiFrank
01:36:49
A message will go out on the listserv in a couple days with a link to the recording.