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FAFSA opens Oct. 1 for high school seniors applying to Transylvania

FAFSA opens Oct. 1

The Free Application for Federal Student Aid (FAFSA) opens on Oct. 1 for high school seniors looking to earn federal and state aid, grants and work-study funds toward their college tuition. It is the most important step in the financial aid process, and students should fill out their FAFSA application as soon as possible to ensure the largest aid package possible.

The FAFSA is designed to be simple to fill out. Tips throughout the application help you understand the questions. Most people finish filling out the FAFSA in less than half an hour!

“Filing the FAFSA is the single most important step college applicants can take toward receiving federal and state aid, grants, work-study, loans and aid directly from Transylvania University,” says Sarah Coen, Transy’s vice president for strategic initiatives and enrollment management. “Virtually every applicant to Transy who completes the FAFSA is offered some form of aid, with an average package of approximately $33,000 per year.”

To start the application, go to the FAFSA website and be sure to use Transylvania’s school code: 001987. You will need identification and financial documents including a driver’s license, social security card, W-2s, etc. Go to Transy’s FAFSA webpage for more information. The application is completely free; families shouldn’t pay services to complete the form for them.

Preparing for the FAFSA®The FAFSA process is quicker and easier when you have a username and password called an FSA ID. (If your parent is providing information on your FAFSA, he or she will need his or her own FSA ID as well.) Learn more about the FSA ID and how to create yours at StudentAid.gov/help-center/answers/article/how-to-create-fsa-id-username-password.Gather This InformationThe FAFSA asks questions about you and your finances, so have the information below handy.Social Security number; alien registration number; federal tax information or tax returns; records of untaxed income; cash, savings, and checking account balances; and investments other than the home in which you live.Don’t have all your info ready yet? That’s okay; you can start the FAFSA, save it, and come back later to finish it. (To find out whether you need to report info about your parents, visit StudentAid.gov/apply-for-aid/fafsa/filling-out/dependency.)

If you have questions, feel free to contact our Transylvania’s financial aid office at 859-233-8239 or FinancialAid@transy.edu for assistance.

For even more help, check out five tips for filling out your FAFSA.