How to Apply: 2018-19 FAFSA begins Oct. 1
When you are applying for financial aid, here's what you need to know.
What is the FAFSA?
The Free Application for Federal Student Aid (FAFSA) is a government form that prospective and current college students (undergraduate and graduate) must submit each year to determine their eligibility for federal student aid.
What is Federal Student Aid (FSA)?
Federal student aid from the federal government includes:
• Grants - free money that doesn't have to be repaid
• Loans - money you borrow for school, which you must repay with interest
• Work-study - money you earn to pay for your educationFederal student aid can be used to pay for education-related expenses included in your UNO's cost of attendance (COA) such as tuition and fees, room and board, books and supplies, and transportation.
Why should you file the FAFSA?
Anyone who plans to attend college should submit the FAFSA. The FAFSA is also utilized to determine eligibility for nonfederal student aid and various scholarships. Some financial aid programs require a FAFSA even though the aid may be awarded without regard to family income.
What is the IRS Data Retrieval Tool (IRS Tool)?
The IRS Tool allows applicants who have already filed their federal income tax returns to prefill the answers to some questions on the FAFSA by transferring data from their federal income tax returns. This can save you and your family time in completing the FAFSA.
When to submit the FAFSA?
3 Advantages of filing the FAFSA early
Alignment— The financial aid application process may be more aligned with the college admission process. Knowing how much financial aid is available earlier can help families make better enrollment decisions.
Certainty—Applicants will not need to estimate income or taxes paid. There are no issues with accessing it via IRS data retrieval for the 2018-19 FAFSA.
Less pressure—The October 1 start date will provide more time for students and parents to explore and understand financial aid options and apply for aid before state and institution deadlines.
Now, let's get started! File your FAFSA today.
Remember to add UNO's School Code to your FAFSA: 002554
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