Tips for Filing Your FAFSA

  • Filing electronically is the easiest and quickest way to get your FAFSA processed! Complete your FAFSA at fafsa.ed.gov.
  • It never hurts to file the FAFSA, even if you aren’t sure you’ll receive any federal financial aid. Some scholarships require FAFSA information, and MBU also takes it into consideration when awarding you institutional aid.
  • If you’re under 24, both you and a parent have to sign the FAFSA. You do that electronically with an Federal Student Aid (FSA) ID that you create at fsaid.ed.gov.
  • Use your legal name.
  • Double check your social security number. It is easy to transpose numbers!
  • MBU’s FAFSA code is 003723.
  • Use the Data Retrieval Tool (DRT) to transfer your tax information (and/or your parents’ information) directly to the FAFSA.
  • Don’t guess! If you aren’t eligible for the Data Retrieval Tool, make sure you have your/your parents’ tax forms handy to complete the FAFSA accurately.
  • Don’t leave any fields blank.
  • Unable to provide parent information? Complete and submit the FAFSA, then contact us. We will review your situation and let you know what we need to get your FAFSA processed successfully.
  • Some helpful terms:
    • EFC: Estimated Family Contribution. This is what the FAFSA calculates, and it helps schools, including MBU award you federal, state, and institutional financial aid.
    • Year in School: When answering this question, make sure you choose your year in college, not your year in high school!
    • SAR: Student Aid Report. Your FAFSA generates this after it is submitted. It will give you a summary of your FAFSA information, your EFC, and a list of the schools you submitted your FAFSA to!
    • Dependency:
      • Dependency status is determined by your age, marital status, degree level, military service, etc. Turning 18 does not make you an independent student in FAFSA terms. For more information, see the Department of Education Dependency Status page here.

Still have questions? Contact our office! We look forward to working with you.

 

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