New

Aid

Offi

cer T

rain

ing

Application Processing

Susan A SmithGainesville State College

New

Aid

Offi

cer T

rain

ing

• FAFSA on the WEB– www.fafsa.ed.gov

• Renewal FAFSA on the WEB– www.fafsa.ed.gov

• Paper FAFSA – Students may call 1-800-4-FEDAID or print

a PDF from www.studentaid.ed.gov

Types of FAFSA Applications

2

Application Processing

New

Aid

Offi

cer T

rain

ing From FAFSA to SAR/ISIR

3

Application Processing

Paper FAFSA

FAFSA on the Web

FAA Access to CPS Online

Central Processing System (CPS)

FAFSA Processor

SAR

EFC

ISIR

EFC

DatabaseMatches

Social SecurityDHSNSLDSSelective ServiceVeterans Affairs

New

Aid

Offi

cer T

rain

ing PIN-Personal Identification Number

4

• A PIN is a 4-digit number that is used in combination with a student’s Social Security Number, name, and date of birth to grant the student or parent access to Federal Student Aid Web sites.

– www.pin.ed.gov– Does not expire– Should not be shared– Both the student and parent must have a PIN

Application Processing

New

Aid

Offi

cer T

rain

ing Applicants can use their PIN to :

5

• Electronically sign a FAFSA on the WEB• Correct their FAFSA using Correction on the WEB• See their EFC and other student aid report information as

soon as the FAFSA is processed

• Review their financial aid history in the National Student Loan Data System (NSLDS)

• Access direct loan information and tools• Sign electronic promissory notes for direct loans

Application Processing

New

Aid

Offi

cer T

rain

ing FAFSA Deadlines

6

• FAFSA processing cycle lasts 18 months– For 1011: January 1, 2010 – June 30, 2011

• FAFSA submission deadline for 1011: June 30, 2011• FAFSA Corrections must be received and accepted by

the CPS before midnight on September 15, 2011.• Note: The school must have the complete and

correct information from a student by their last day of enrollment in the 2010-2011 school year.

Application Processing

New

Aid

Offi

cer T

rain

ing

7

Application ProcessingEstimated tax information

• Students may submit a FAFSA with estimated income between January 1st and April 15th

• The FAFSA must be updated by the student when the tax return is filed on April 15th

• A school should not disburse aid on estimated income

New

Aid

Offi

cer T

rain

ing

8

Application ProcessingFraud

• “If you purposely give false or misleading information, you may be fined $20,000, sent to prison, or both.”

New

Aid

Offi

cer T

rain

ing

9

Referral of Fraud Cases

• Office of Inspector General • U.S. Department of Education• 400 Maryland Avenue, SW• Washington, DC 20202-1510

1-800-MIS-USEDhttp://www.ed.gov/about/offices/list/oig/hotline.html

Application Processing

New

Aid

Offi

cer T

rain

ing

10

Application Processing