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I filed my FAFSA application, but I still have not received my SAR (Student Aid Report). What can I do?

Your Student Aid Report (SAR) should be available three to five days after you submit your FAFSA (Free Application for Federal Student Aid). If you don’t receive an e-mail about your SAR, contact the Federal Student Aid Information Center at 1-800-4-FEDAID (1-800-433-3243) or go to the FAFSA website and select “Check Status of a Submitted FAFSA”.

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How should I apply for aid?

Complete a FAFSA, Request your Federal Student Aid Identification known as your FSA ID, this will serve as your electronic signature. Parents of dependent students will also need to request a FSA ID to sign the FAFSA. The FAFSA form is free. There is no good excuse for not applying.

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How much Financial Aid do I qualify for?

Your need for financial assistance is determined by many different factors, such as the number of people in your family’s household, how many people are in college, your family’s income, etc. The financial information you and your family provide on your FAFSA is analyzed by the federal need analysis processor using “Federal Methodology,” a standard formula established by the U.S. Congress. It is used by the federal processor to calculate expected family contribution (EFC)—how much individual students and their familiesare expected to contribute toward their educational expenses. After analyzing your financial information, the federal processor sends the results to the […]

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Where can I get a copy of the FAFSA ?

You can ask your guidance counselor for a copy or you can also get the FAFSA by calling 1-800-4-FED-AID. The easiest way to apply is using the online version of the form which is available at http://www.fafsa.ed.qov.

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Can I be declared independent if I am younger than 24?

The Higher Education Act of 1992 set requirements for establishing a student’s independence status. These questions are used to determine whether a student is considered a “dependent” or “independent” student. Please see these questions to determine your dependency status. If you answer YES to any of the following questions, you are considered independent and do not have to provide information about your parents on your FAFSA. If you answer NO to all of the questions, you are dependent and must provide information about your parents on your FAFSA. Were you born before January 1, 1990? Are you married? (answer yes […]

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Do I need to be admitted before I can apply for financial aid at Florida Memorial University?

No. You can apply for financial aid any time after October 1. To actually receive funds, however, you must be admitted and enrolled at Florida Memorial University.

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If my parents are divorced or separated, whose financial data should be used when I’m completing the FAFSA?

If your parents are divorce or separated, give information about the parent you lived with most in the last 12 months. If you did not live with one parent more than the other, give information about the parent who provided you the most financial support during the last 12 months or during the most recent year you received support. If your divorced or widowed parent has remarried, also provide information about your stepparent.

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Why can’t I submit my financial aid application before October 1?

You cannot submit the form before this deadline because the FAFSA uses your financial information from the prior tax year when calculating eligibility for the upcoming award year.

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My parents did not file taxes, how can I apply for financial aid?

If your parents are not required to file an income tax return, they will need to calculate their earnings for the year. Use W-2 forms and other records to answer the questions in the income section of the Free Application for Federal Student Aid (FAFSA). It is best to use a completed income tax return to fill out this application. However, if your parents do not have a completed income tax return, they should calculate their adjusted gross income (AGI) and taxes paid using the applicable IRS instructions.”

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Do I have to reapply for financial aid every year?

Yes, Florida Memorial University requires that you apply for financial aid every year. If your financial circumstances changei you may get more or less aid. Note that Renewal of your financial aid package also depends on your making satisfactory academic progress toward a degree, such as earning a minimum number of credits and achieving a minimum GPA.

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