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This publication is intended for financial aid administrators and counselors who help students begin the student aid process--filing the Free Application for Federal Student Aid (FAFSA), verifying information, and making corrections and other changes to the information reported on the FAFSA. This guide contains the following chapters: (1) The Application Process: FAFSA to ISIR, which explains that the laws governing the FSA programs require that a person apply for aid with a form provided by the Department of Education and that no fee be charged for processing it. Students can fill out a paper FAFSA or they can apply electronically; (2) Filling Out the FAFSA, which provides guidance that supplements the application instructions, and discusses some of the more difficult questions that may arise; (3) Expected Family Contribution (EFC), which describes the EFC formula in detail; (4)Verification, which provides a list and discussion of required verification items; and (5) Corrections, Updates, and Adjustments, which recognizes that there are situations where the original application information may need to be changed such as when errors need to be corrected, when dependency status, or household size changes, or when an aid administrator makes an adjustment based on professional judgment. A Verification Worksheet is included in this document.
This section of the 2002-2003 Federal Student Aid Handbook is intended for financial aid administrators and counselors who are helping students in the initial phases of the student aid process as they file the Free Application for Federal Student Aid (FAFSA), verify the information they submit, and make corrections and changes to FAFSA information. Chapters are: (1) "The Application Process: FAFSA to ISIR" (Individual Student Information Report); (2) "Filling Out the FAFSA"; (3) "Verification"; and (4) "Corrections, Updates, and Adjustments." Some changes from the previous year's application and verification process are highlighted. Chief among these is that the Renewal FAFSA is not mailed to students automatically.