Page 5 - 2017-18 FAFSA Completion Guide

FIVE REA SONS WHY
FILLING OUT THE
FAFSA IS A REALLY
1
GOOD IDEA:
1 It’s how the government and colleges decide your
financial need and award institutional aid in some
cases for all income levels. 2
2 If you have all of your documents, it only takes
approximately 30 minutes, and you can do it
3
online for FREE! (See checklist page 2)
2 WAYS TO WIN 3 you don’t have to pay back! (See below)
You might be eligible for federal grants, which
4
Lela Scholarships! 4 Even if you don’t think you’ll need a loan, it
can’t hurt to have a backup plan in place. If you
do borrow, only borrow what you need. Loans
5
must be paid back.
5 Work-study jobs are mostly on campus, and
you become qualified to apply based on your
FAFSA COMPLETION FAFSA information.

[ TEN $1,000 SCHOLARSHIPS! ] Types of Aid:
Annual Award Totals for 2017-2018
$10,000 in Federal Pell Grant (up to $5,815)

Federal Supplemental Educational
Scholarships to be Awarded! Opportunity Grant –FSEOG (up to $4,000) BEFORE COMPLETING YOUR FREE APPLICATION FOR FEDERAL STUDENT AID
TEACH Grant
(up to $4,000)
Iraq and Afghanistan Service Grant (up to $5,382) (FAFSA), BOTH STUDENT AND ONE PARENT SHOULD CREATE AN FSA ID.
Louisiana High School Seniors, complete your FAFSA and register Direct Subsidized Loan (up to $5,500)
for a chance to win a $1,000 SCHOLARSHIP! Direct Unsubsidized Loan (up to $20,500) You will need to know the following items to set up your FSA ID:
RANDOM MONTHLY DRAWINGS: OCTOBER - MAY. Federal Perkins Loan (up to$5,500) Social Security Number
Register @ askLela.org Working personal email address (Students, please DO NOT use your parent email address.)
Direct PLUS Loan for Parents (cost minus other aid) Cell phone number
DEADLINE: MAY 31, 2018 NOTE: These amounts were current at the time this publication was printed. Get started creating your FSA ID at fsaid.ed.gov. *
Winners must provide a copy of their FAFSA confirmation page. SOURCE: Please visit studentaid.gov/types for detailed information.
*Grants in blue text do not have to be paid back and are determined by financial need. Student Username: _________________________________________________
Student Password: __________________________________________________
Email Address: _____________________________________________________
AN
QUARTERLY DRAWING Pursuing a TOPS Award? Challenge Questions/Answers:
#1 _____________________________________________________
[ FOUR $1,000 SCHOLARSHIPS! ] • The TOPS Tracker shows progress toward a TOPS award. #2 _____________________________________________________ D O N’T
PARTNER
$4,000 in • ACT scores and TOPS Core GPA are displayed. #3 _____________________________________________________ WAIT!
#4 _____________________________________________________
• Parent accounts may also be created.
• After graduation, TOPS eligibility notices, award letters,
Scholarships to be Awarded! and Rights and Responsibilities will be posted in the Parent Username: ____________________________________________
Parent Password: _____________________________________________
Student Hub.
• Upon entry into postsecondary education, notices and Email Address: _______________________________________________ Get Your
Win a $1,000 SCHOLARSHIP! TOPS status updates will be in the Student Hub. (Do not use the same email address that your child used.)
RANDOM DRAWINGS HELD: SEPTEMBER 30, • Create your account at: Challenge Questions/Answers: FSA ID
DECEMBER 31, MARCH 31, AND JUNE 30. https://www.osfa.la.gov/studenthub.html #1 ________________________________________________________________
Register @ askLela.org (2017-18 Ninth Graders cannot create an account until after November 15, 2017) #2 ________________________________________________________________
#3 ________________________________________________________________
DEADLINE: JUNE 30, 2018
A program under the Board of Regents #4 ________________________________________________________________
PO Box 91202, Baton Rouge, LA 70821-9202
www.osfa.la.gov * Note: It is important for you to retain your username, password and related access information. Keep it in a secure
(800) 259-5626 location and do not share it with anyone. The security of this information is important because it will be needed
4 LOUISIANA EDUCATION LOAN AUTHORITY | FAFSA Completion Guide custserv@la.gov each year to renew your FAFSA, to access your personal records and serves as your electronic signature.