Parents/Guardians of Seniors,
Mark your calendars, we will be hosting a Financial Aid FAFSA Night on Wednesday, Oct. 20th from 5pm-8pm in the LHS Library. Lewis-Clark State College will be present to help in assist.
The FAFSA *Free Application for Federal Student Aid is a form completed by current and prospective college students in the United States to determine their eligibility for student financial aid.
The primary purpose of the FAFSA is to determine how much financial aid a student qualifies for, including both need-based and non-need-based aid. It determines eligibility for federal need-based grants including the Pell Grant; subsidized federal student loans, which are based on need; unsubsidized federal student loans, which most students qualify for regardless of need; federal work-study; state-based financial aid, including grants, scholarships, and loans; school-based financial aid, including need-based grants and scholarships, and school-based merit aid (since many schools require the FAFSA to be on file before any aid awards are distributed).
To determine a family’s financial need, the FAFSA asks a series of questions about the parents’ and student’s income and assets as well as other factors, such as how many children there are in the family. It then comes up with an (Expected Family Contribution *EFC)
If you think your family will not qualify?– It is still highly encouraged to complete as the college that the applications get sent to allows for them to offer more scholarship opportunities and the ability to provide aid in other ways if Federal Aid is not provided.
What should you bring to the FAFSA Night?
- FSA ID and password (if one is already created. If not you can create one during FAFSA night)
- 2020 Federal Tax Returns for student and parents
- 2020 W2’s for each parent in the household + other records of money earned
- Social Security numbers for student and parents
- Additional Financial Documentation (Child Support, interest income, veterans benefits, investment balances, savings balances, real estate, bonds, etc.)
- Colleges you would like your aid application sent to (We will get the code for each one for you) You can have up to 10 schools listed