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FAFSA in the Fall

Paying for College

We have retired this resource and it is no longer being maintained. �Please visit https://www.ngpf.org/fincap-friday/ for the newest resources.

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  1. Current and prospective college students can complete the FAFSA, starting on:
  2. September 1st
  3. September 10th
  4. October 1st
  5. October 10th

FAFSA IN THE FALL | OCTOBER 2, 2020 EDITION | NEXT GEN PERSONAL FINANCE

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  • Current and prospective college students can complete the FAFSA, starting on:
  • September 1st
  • September 10th
  • October 1st
  • October 10th

FAFSA IN THE FALL | OCTOBER 2, 2020 EDITION | NEXT GEN PERSONAL FINANCE

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2. For the 2021-2022 school year, how much money is available in federal student aid, including grants, loans and work-study?

  1. $1 billion
  2. $10 billion
  3. $50 billion
  4. $150 billion

FAFSA IN THE FALL | OCTOBER 2, 2020 EDITION | NEXT GEN PERSONAL FINANCE

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2. For the 2021-2022 school year, how much money is available in federal student aid, including grants, loans and work-study?

  • $1 billion
  • $10 billion
  • $50 billion
  • $150 billion

FAFSA IN THE FALL | OCTOBER 2, 2020 EDITION | NEXT GEN PERSONAL FINANCE

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3. Through 4/15/20, the total number of FAFSA applications submitted by students already enrolled in college:

  1. decreased
  2. increased
  3. remained the same

FAFSA IN THE FALL | OCTOBER 2, 2020 EDITION | NEXT GEN PERSONAL FINANCE

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3. Through 4/15/20, the total number of FAFSA applications submitted by students already enrolled in college:

  • decreased
  • increased
  • remained the same

FAFSA IN THE FALL | OCTOBER 2, 2020 EDITION | NEXT GEN PERSONAL FINANCE

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4. To complete the FAFSA for the 2021-2022 school year, students need to use tax information from the year:

  • 2017
  • 2018
  • 2019
  • 2020

FAFSA IN THE FALL | OCTOBER 2, 2020 EDITION | NEXT GEN PERSONAL FINANCE

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4. To complete the FAFSA for the 2021-2022 school year, students need to use tax information from the year:

  • 2017
  • 2018
  • 2019
  • 2020

FAFSA IN THE FALL | OCTOBER 2, 2020 EDITION | NEXT GEN PERSONAL FINANCE

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5. What should a student do if their financial aid package doesn’t accurately reflect their current situation?

  • There is nothing the student can do
  • Complete the FAFSA all over again
  • Contact their Principal or Dean
  • File an appeal with the financial aid office

FAFSA IN THE FALL | OCTOBER 2, 2020 EDITION | NEXT GEN PERSONAL FINANCE

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5. What should a student do if their financial aid package doesn’t accurately reflect their current situation?

  • There is nothing the student can do
  • Complete the FAFSA all over again
  • Contact their Principal or Dean
  • File an appeal with the financial aid office

FAFSA IN THE FALL | OCTOBER 2, 2020 EDITION | NEXT GEN PERSONAL FINANCE

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You’ve completed the exercise, now it’s time to learn

more about the current event:

FAFSA IN THE FALL | OCTOBER 2, 2020 EDITION | NEXT GEN PERSONAL FINANCE

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Discussion Prompt:

Do you think the number of students submitting a FAFSA will increase again one day? Why or why not?

FAFSA IN THE FALL | OCTOBER 2, 2020 EDITION | NEXT GEN PERSONAL FINANCE

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Extend Your Learning

Relevant Resources from NGPF:

  • FAFSA: Gateway to Financial Aid (Lesson)
  • RESEARCH: FAFSA Deadlines (Activity)
  • EdPuzzle: Financial Aid (Video)

References:

  • Pandemic Increases Importance of Filing Early for Financial Aid (NY Times)
  • FAFSA opens Oct 1— it’s more important than ever to complete it ASAP (CNBC)
  • Drop In FAFSA Completions (Forbes)
  • Financial aid might fall short for college students next year. Here’s why (CNBC)

FAFSA IN THE FALL | OCTOBER 2, 2020 EDITION | NEXT GEN PERSONAL FINANCE