Fasfa and parent on social security?

<p>Do you get full aid? How does it work? An should I apply for FASFA before or after college apps</p>

<p>You may or may not get full aid, it depends on the school and your finances.</p>

<p>FAFSA (not something you apply for, it’s the name of the form used by the government and colleges to help figure your aid eligibility) can be filled out anytime after January 1 for the following fall. </p>

<p>When you fill it out you will be asked what colleges you want the FAFSA info sent to. Those would be schools that you have applied to or are applying to.</p>

<p>I’ll be enrolling into college the fall of 2013, is it too early to fill the forms out?</p>

<p>The FAFSA for students beginning college fall 2013 will be available for filing on January 1, 2013. You should complete it at that time using best estimates of income based on end of year pay stubs, and use of balances as of the date of filing for your bank accounts. You will do this using a WILL FILE status, meaning you will be filing taxes but have not yet done so. Then get those taxes done ASAP after February 1. You then amend your FAFSA to reflect the accurate numbers from your tax returns, and submit again.</p>

<p>You submit the FAFSA well before you hear about college acceptances (unless you have applied ED or EA someplace). You want to get this FAFSA submitted to your colleges as soon as you can.</p>

<p>^ as thumper said, do it ASAP after Jan 1 2013. Many schools give out aid on a first come first serve basis and you want to be in the front of the line if possible.</p>

<p>“full aid” from the federal gov’t isn’t much. </p>

<p>Are you saying that your family’s only income is a social security check? Any assets? </p>

<p>If you end up with a 0 EFC (the lowest), then you’ll get…</p>

<p>$5550 Pell Grant
$5500 student loan</p>

<p>maybe some work study
a big maybe to a small SEOG grant…this is iffy and the amount could be very small. </p>

<p>Do you qualify for Bright Futures? If so, then maybe the above fed aid will make up the difference.</p>