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The Free Application for Federal Student Aid (FAFSA) determines how much financial aid a student is eligible to receive from the government based on need, and often, students are required to fill out the FAFSA when applying for private scholarships and grants.
The Free Application for Federal Student Aid (FAFSA) determines how much financial aid a student is eligible to receive from the government based on need, and often, students are required to fill out the FAFSA when applying for private scholarships and grants.
The FAFSA form usually opens each year around October 1st
Step 1: Create FSA ID
Step 2: Gather information you will need:
social security number
driver's license
parent's income tax returns, W-2 forms and 1040 forms
You can begin the FAFSA process HERE
Financial Aid Advisor: Mrs. Lee, can answer specific financial aid/FAFSA questions and is at Athens on Wednesdays. Her email is anlee@wcpss.net
View the presentation below for more information on financial aid!
FAAP Presentation 2024-2025.pptx.pdfDifferent Kinds of Financial Aid
Different Kinds of Financial Aid
Scholarships
Scholarships
Scholarships come from institutions, nonprofits, and other private organizations to pay for college
Scholarships can be based on academics, merit, identity, area(s) of study, and more
Scholarships are free money and do not have to be paid back
Fellowships/Grants
Fellowships/Grants
Grants are also free money that does not have to be paid back
Grants often come from state and federal governments
Loans
Loans
Loans are funds that students can borrow to pay for school
These should be ideally used after students pay with free money Loans have to be paid back, often with interest
Federal loans come from the government (apply through FAFSA), have caps, and lower interest rates than private loans
Private loans come from private lenders, and come with higher interest rates than federal loans; try your best to AVOID private loans
Subsidized loans do NOT collect interest while a student is in school, and eligibility depends on financial need
Unsubsidized loans collect interest while a student is in school, and are available to all students regardless of financial need
If you have to take out loans to afford your college education, try to select FEDERAL, SUBSIDIZED loans
Work-Study
Work-Study
Work-study is aid where students can work on campus and earn an hourly wage
Work-study aid can be understood as "income, " and does not have to be paid back
Please watch this video on How to Pay for College below for more information!
Please watch this video on How to Pay for College below for more information!
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