FSA ID allows you to log into your FAFSA and sign it electronically; also used for completing federal student/parent loan processes
What is Federal Work-Study?
Part-time employment for undergraduate students with financial need allowing them to earn money to help pay for education expenses
If interested, check yes when asked on the FAFSA
If offered federal work-study, students must accept the offer and apply for a job on campus
What is the IRS data retrieval tool?
Allows students and parents who filed a U.S. tax return with the IRS to access the IRS tax return information needed to complete the FAFSA and transfers the data directly to their FAFSA
Benefits:Easiest way to provide tax return information, ensures accurate tax information, and you will not need to provide a copy of your tax returns to the school
What is an EFC?
EFC = Expected Family Contribution (number)
EFC is calculated based on the information reported on the FAFSA
The school uses the EFC to determine financial aid eligibility award
Formula: Cost of attendance – EFC = student’s financial need
Note: An EFC is not the amount of money a family will have to pay for college nor is it the amount of federal student aid a student will receive. It is a number used by the school to calculate the amount of federal student aid a student is eligible to receive
Helpful Tips
Submit your FAFSA on time every year
If selected for verification (common process) by the college, complete all required forms and submit by requested deadline
Follow up and check email communication from University Student Financial Aid as well as your Buckeye Link account
Apply for internal and external scholarships in addition to submitting a FAFSA
Questions?
Julia Morris, Ohio State ATI Coordinator of Student Financial Aid
