Completing The FAFSA

Completing The FAFSA

Step 1. Complete the FAFSA (SEE HELPFUL HINTS FIRST)

A. Do you have a Federal Student Aid identification (FSA ID) If not click here.
B. If you do have an FSA ID click here.
C. Once you are done with the FAFSA write down your Expected Family Contribution (EFC) or print the page when you complete the FAFSA. You will need it for the next step. If you forgot to write it down it should be in the confirmation email.

Helpful hints about the FAFSA:

  1. Make sure you write down your FSA ID and all the security questions and answers EXACTLY the way you created them. Don’t rely on your memory but treat this information like you would your social security card, with extreme caution.
  2. Are you dependent or independent? There are three basic criteria if the answer to any of the following questions is yes then you are an independent student, if not then you are most likely dependent and will need your parents to create an FSA ID and you will need their tax information as well as yours. There are other criteria that are rare, if you have questions review the questions in the FAFSA carefully or contact financial.aid@mstc.edu
    • Were you born before January 1, 1992?
    • Are you married?
    • Do you now or will you have children who will receive more than half their support from you between July 1, 2016 and June 30, 2017?
  3. RS data retriever is a great tool that everyone should use. It makes the process much easier for you and satisfies the need for a tax transcript if it is required for verification. You must put the address that is on your tax return EXACTLY the way it is on the tax return. If the accountant spelled your name or address wrong on the tax form then you have to put it in wrong on the data retriever (not the rest of the FAFSA).
  4. It typically takes three days for your FAFSA to process. You will know when it is done processing when you get your Student Aid Record (SAR) in the mail or email. Review it carefully to see if you have been selected for verification and to ensure that you have the same EFC as compared to the confirmation sheet you printed when you finished the FAFSA.
  5. Verification, if you are selected for verification you will be notified by mail or email in the SAR, and you can see what documents are required to satisfy verification at MyMSTC. If you have any questions about verification contact financial.aid@mstc.edu
  6. When you get to the work study question in the FAFSA, do yourself a favor and select yes that you are interested in work study. It is much better to say you are interested and never use it. If you are interested in work study you must also accept or decline at MyMSTC.
  7. Unusual circumstances are situations where a student and/or their parents (if student is dependent) have a severe change in finances. You may request a professional judgment by completing a re-evaluation request form. An example of this are when student, spouse or parent has a big change in income as compared to the year reported on the tax form. This most often happens as the result of changing jobs or change in amount earned in commissions. These are not the only cases so if you are not sure ASK at financial.aid@mstc.edu
  8. PLEASE BE PATIENT we are a small department processing thousands of students as quickly as we can. Please do your part and take care of your part of the process in a timely fashion. To make sure you have done your part check MyMSTC.

Go to Step 2: Determine how much financial aid you need >>