Let's Talk About Money: 6 Conversations Families Should Have Before College
The FAFSA opens December 1st 2024, for the 2024-2025 school year. Every student/family must complete the FAFSA in order to attend college, and every/student family must complete the FAFSA every year that they are in school.
The 2024-2025 FAFSA opens December 1st 2024. PLEASE COMPLETE ASAP once it comes out.
Sit down as a family to discuss financing college using this guide.
We created your FSA ID during Senior Seminar, so now you need to complete the FAFSA.
To apply for federal student aid, such as federal grants, work-study, and loans, you need to complete the Free Application for Federal Student Aid (FAFSA). Completing and submitting the FAFSA is free and easier than ever, and it gives you access to the largest source of financial aid to pay for college or career school.
In addition, many states and colleges use your FAFSA information to determine your eligibility for state and school aid, and some private financial aid providers may use your FAFSA information to determine whether you qualify for their aid.
You must be a U.S. citizen or an eligible noncitizen and have a valid Social Security number. You must have a high school diploma or GED certificate. You must be enrolled or accepted as a student in an eligible degree or certificate program.
The FAFSA application will open December 1st, 2024 for the 2024-2025 school year:
In order to complete the FAFSA you must do the following:
You must create your FSA ID. Once you create an ID, fill out this Google Form. (students will complete this during Senior Seminar)
You MUST know your nine-digit Social Security Number.
Students: do NOT use your TMA email for the FSAID. Use your current cell phone number.
Parents who will provide information for a student's FAFSA, must also create a FSA ID, if you have not done so already.
You will need your and your parent's completed 2023 Federal Income Tax, or copies of all 2023 W-2.
For the purposes of FAFSA, the parent section must be completed by a biological, adopted or step-parent.
It does not matter which parent claims the student for Federal Aid; however, for DC TAG the parent on the FAFSA must be domiciled in the District.
Legal Guardians, Grand-parents, Aunts, Uncles, etc, cannot complete the parent section of the FAFSA, unless they are one of the above relation.
FAFSA will use Prior-Prior Year Tax Returns. Therefore, parents will use your 2024 Federal Tax Returns; we encourage using the IRS Data Retrieval Tool.
Please see this slideshow for more information
The DC Tuition Assistant Grant or, DCTAG is available to students who are DC residents. Their application, the "OneApp" opens on Feb. 1 each year and closes in June. DCTAG provides up to $10,000 per year to any public institution.
Please note, the information on DCTAG Maximum Income.
The DC Tuition Assistance Program (DCTAG) was created by Congress in 1999 for the purpose of expanding higher education choices for college-bound residents of the District of Columbia. Currently DCTAG has helped students in attending over 300 colleges and universities. DC TAG provides DC residents with up to $10,000 in tuition assistance to all public universities and most private HBCUs.
DC TAG Application Walk- through:
DC TAG List of Required Documents
You must complete the FAFSA application before completing the DC TAG.
Your parent/guardian MUST meet one of the eligibility requirements for DC residency. Please see the attached checklist.
The parent completing the DC TAG MUST BE the same parent on your FAFSA.
DC TAG covers the difference between in-state/out-of-state tuition for any two or four-year state school, up to $10,000. DC TAG also gives you $2,500 for any private HBCU and private colleges/universities within the DMV.
Your parent MUST complete their 2024 DC State taxes.
Here are ten (10) ways the DCTAG application process is quicker, easier, and simpler than ever.
Application can be completed and submitted 100 percent online
Deadline has been extended to August
Documents can be electronically uploaded into your DCTAG application for review
Taxes no longer need to be certified by the Office of the Tax and Revenue; signed and dated, filed/processed tax returns are accepted
DCTAG payment/disbursement process can be tracked in real-time
Supplemental Nutrition Assistance Program (SNAP) recipients can electronically grant permission to DCTAG staff to retrieve benefit statement
JPEG is an option to upload documents
Affirmation/legal disclaimer document can be signed electronically
College transfers can be completed electronically
Examples of required documents have been included on the DCTAG homepage
As we embark on a new DCTAG season, here are seven key pointers for a completed application.
Start the application process early
Be intentional and careful when reading DCTAG-related information
Complete your 2023-24 Free Application for Federal Student Aid (FAFSA) as soon as you can
Upload all pages of your Student Aid Report; double check to make sure you have an Expectant Family Contribution (EFC)
Secure your 2022 parent/guardian’s yearly proof of income early in the process
Ensure your proof of residency is no more than 45 days old AND shows your parent/guardian’s name and address
Contact your DCTAG advisor with your questions
Here are some quick facts about the DC TAG:
1. DC TAG is a state grant; this is FREE MONEY!
DC TAG can be used at any STATE/PUBLIC institution in the country, and gives students a grant that covers:
UP TO $10,000 - the difference between in-state and out-of-state tuition at four or two year public colleges,
$2500 any PRIVATE HBCU (i.e. Hampton, Fisk, Clark Atlanta U, Spelman, etc), or
$2500 any college within the DMV (George Washington, Marymount, etc)
2. Parent/Guardian must be a DC resident and can provide ONE of the domicile verification from this form. Just one!
The DC Futures Program (DC Futures) is a newly created program that aims to help DC college students complete their first associate or bachelor’s degree by providing a last-dollar scholarship (tuition, fees, and cost of attendance) at three local universities in addition to college coaching and support services that will address personal and financial barriers to completion for all participants. This may completely cover financial need for some participants making the cost of college “free.”
Application- Deadline: 8/19/25
DC-CAP is a non-profit organization working in partnership with the District of Columbia Public and Public Charter School Systems that provides counseling and financial assistance to students who might otherwise never have the opportunity to attend or graduate from college. DC public and public charter high school student is eligible for DC-CAP services, regardless of academic history, grade point average, family income, citizenship status, ethnicity, special education eligibility, delinquency or juvenile criminal history.
Any student applying to either of these scholarships, must complete this authorization form.
The PROFILE form is administered by the College Scholarship Service (CSS), the financial aid division of the College Board. The CSS PROFILE is required by many private colleges and universities to determine your eligibility for non-government financial aid, such as the institution's own grants, loans and scholarships.
*please note: The Profile is only for specific colleges, and is not required by everyone. Please use this link to see if the colleges you are applying to requires the profile.
Submission dates: The CSS PROFILE can be submitted in the fall; as early as October 1st.
Specific questions: The CSS PROFILE contains questions specific to the school or program you're applying to; FAFSA contains the same questions for everyone.
Different methodology: The CSS PROFILE determines your financial need differently than the FAFSA, taking into account such factors as whether your family owns a home. In general, the CSS PROFILE asks for more detailed information than FAFSA.
Minimum student contribution: The CSS PROFILE requires this; the FAFSA doesn't.
Greater reliance on professional judgment: The CSS PROFILE gives financial aid counselors greater freedom to grant aid based on a student's particular circumstances.
Cost: There is a cost to filling out the CSS Profile, though some families may qualify for fee waivers; the FAFSA, as the name implies, is free.
This tool is for students after they have been accepted to a school.
Directions: Use this LINK to access the financial aid analyzer. Make a copy (or several) and input information from your financial aid award letters in order to determine how much you would need to pay out of pocket for a specific school. Change the name of the spreadsheet to your name and share with Mr. Mitchell if you would like to talk to him about it.