Delaying process could hurt financial aid
LEXINGTON, Ky. (Jan. 3, 2017) — The federal government requires many students who submit the Free Application for Federal Student Aid (FAFSA) to verify the information on FAFSA.
Used to apply for most federal and many state student aid programs, FAFSA asks detailed questions about the income and resources of students.
Parents are required to provide their information as well if their children are dependent students. Students are considered dependent if they are undergraduate students under 24 years old, not married, have no dependents of their own, are not veterans or were not orphans or wards of the court until age 19.
The college or, in some cases, an agency working with the college will contact students to let them know if their data is being verified.
Students and parents need to take that process seriously, according to the Kentucky Higher Education Assistance Authority (KHEAA). Students chosen for verification cannot receive their financial aid until they have completed the process. As soon as they are contacted, they should provide any information that is required. Putting it off will only lead to frustration if the process isn’t finished when classes are ready to start.
If students have decided not to attend a college that asked them for verification, they should let the college know so it will stop requesting information.
KHEAA is the state agency that administers the Kentucky Educational Excellence Scholarship (KEES), need-based grants and other programs to help students pay their higher education expenses.
For more information about Kentucky scholarships and grants, visit www.kheaa.com; write KHEAA, P.O. Box 798, Frankfort, KY 40602; or call 800-928-8926, ext. 6-7214.