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retirement program If your parents have invested any money in in in in their 401(K) or or or IRA during the the the year the the FAFSA is is filed this must be reported but nothing more FAFSA forms can can can be be completed completed online and and the the application application does not have to to be be completed completed in in in one sitting An applicant can can can feel free to to to to to explore the the the the application application or or or or or or work on on on on on on part of of it it it it and and come back to to to to to complete complete it it it it or or or or or change it it it it later Be sure to to to to to read read all of of the the the instructions carefully carefully for how how to to to to to complete complete the the the application online If after reading every question question question carefully carefully you you have questions questions about how how to to to fill out out the the form contact FAFSA at at 1-800-433-3243 and they will answer your questions questions Begin learning more about the FAFSA at www fafsa ed gov Please remember to note your login and password as as as you you can only create an an an account one time It’s highly advisable that you spend some time visiting these various links links especially www finaid org and and learn about how to fill fill out out out the the the the FAFSA as as accurately as as possible Take a a a a a a a a a a a a a a a a a a look at at at the the the the links links and and take your time filling out out out the the profile YOUR CSS PROFILE
There is is is another financial aid form form available called the the the CSS (College Scholarship Service) Profile a a a a a a a a a a a a a a a a a a a service o of the the the the College College Board This is is is is a a a a a a a a a a a a a a a a a a a form form that many scholarships private schools schools and state schools schools use to to to make their own decisions to to to determine which students to to to help with money directly from the school school There are are several differences between the the the FAFSA and the the the CSS Profile For example you you do have to to list your parents’ home equity Again the the the the single most common mistake made when filling out this form form form is is is is is providing too much information information Remember the the the more information information you you you you provide beyond what is is is asked for for for for the the lower your your chances of adequately demonstrating your your need need and and potentially receiving a a a a a a a a a a a a a a a a a a a a need-based grant and/or scholarship For example you you you you must provide the the the the the estimated value value value of of of of your your home home home Too many people overestimate the the the the the value value value of of of of their home home home and and consequently reduce the the the the the the the chances of of of of o getting a a a a a a a a a a a a a a a a a scholarship Be honest about the the the the the the the value value value value value of of of of o your your your home home home home but put down the the the the the the the lowest legal value value value value that you you you you can on on on on the the the the the the the CSS Profile If your your home home is valued at at $600 000 000 000 and you you you you you owe owe $300 $300 000 000 000 on on on it it it then the the the the the scholarship committee will assess value value value to the the the the the $300 $300 000 000 000 equity in in your home The CSS Profile also requires that you you you put down information about retirement accounts once more provide the lowest legal possible value Another example is is the the the area of financial help provided by relatives Once more people tend to to to give give away too much information Let’s say that your your grandmother is is is is willing to to to to to give give you you you $5 000 a a a a a a a a a a a a a a a a a a a year toward college That is is is is not not not necessary to to to to to to state on on on on the the the application since it is is is is not not not in in in in in your your your possession What if something happens to to to to your your grandmother and and she is is is is is is not not not able to to to to give you you you you the the the the money? This This amount will be counted against you you you This This is is is is helpful when the the the money money from relatives 27