FAFSA Night will be held on Wednesday, October 12, 2022, from 4-6 pm in the North Woods Computer Lab. The process takes about an hour, so please plan accordingly. The Financial Aid Director from Minnesota North College will be on hand to help parents and students complete the FAFSA. Information about the FAFSA and many pamphlets will be handed out to students and their parents.
This is a great opportunity to learn about financial aid and to get questions answered!
What is Financial Aid?
Financial aid comes in three basic forms:
*Grants or scholarships: awards that you do not have to repay
*Loans: borrowed funds that must be repaid with interest
*Work study: money earned through on- or off- campus employment while attending college
Your eligibility for various types of aid is determined by the cost of attendance and your
How do I apply for financial aid?
To apply for financial aid, you must complete the Free Application for Student Aid (FAFSA). The FAFSA is used to apply for Minnesota State Grants, Federal Pell Grants, Stafford Loans and other types of financial aid available at specific schools.
Complete the FAFSA:
*Go to www.fafsa.ed.gov and complete the FAFSA online. (The paper FAFSA may be obtained and printed from the website www.studentaid.gov or you can request a copy by calling 1-800-433-3242.)
*The FAFSA worksheet can be found online or picked up in the Counselor’s Office. These worksheets help you obtain information needed before filling out the online form.
*To complete the FAFSA you will need the following financial records:
*Student’s tax return; Parents’ tax return if you apply as a dependent students; Spouse’s tax
return (if you are married and your spouse filed a separate return)
**Everyone should submit the FAFSA regardless of income.
**Get your taxes done and file the FAFSA as soon as you can. The quicker you file the better chance you have of getting money!!
**It is free to fill out the FAFSA, so never pay any money to do so! Make sure you go to the correct website.
All information on this page was taken from the Minnesota Office of Higher Education’s Guide to Paying for College and the Upward Bound newsletter.