When should I file the FAFSA for next year?
You should file the https://studentaid.gov/" target="_blank Financial Aid Application as early as possible. Now that students can report income and tax information from two years prior, the FAFSA can be submitted as early as October 1st of the year prior to beginning [...]
What does "Dependent or Independent status" mean for financial aid?
Your answers to certain questions on the https://studentaid.gov/" target="_blank FAFSA will determine if you are considered "dependent" or "independent" for financial aid purposes. For more information, visit FSA's https://studentaid.gov/apply-for-aid/fafsa/filling-out/dependency" target="_blank Dependency Status webpage. If you are considered "dependent", you must include parental income and [...]
My parents did not file a tax return. How do they fill out the parents section of the FAFSA?
If your parents are not required to file a tax return, you should answer "Not going to file" when asked if your parents completed an IRS income tax return or another tax return. You will then be taken to the appropriate questions that ask how much they earned from working. If they did not earn anything from work then you would enter 0. If they did earn money from working, you can collect this [...]
If I need to drop or withdraw from a class, how will this affect my financial aid eligibility?
Federal student aid is awarded with the expectation that you will remain enrolled for the entire semester you receive payment for. The federal government requires that you “earn” your financial aid awards in proportion to the number of days you remain enrolled. If you withdraw from all classes before finishing the term, the school must determine the portion of your federal aid you earned and can [...]
How do I apply for federal student loans?
Please view this page for instructions on how to apply for Federal Student Loans https://www.bmcc.cuny.edu/finaid/learn/loans/request-a-federal-direct-loan/ [...]