Fafsa.com offers a vital service to students interested in college funding. It is a non government, for profit venture that can be used for filing FAFSA forms online or to talk to an aid advisor , who will capture details from the student/parent and complete the form on his/her behalf. Of course, these services come with a price. However, before you consider enlisting the help of Student Financial Aid Services, INC the company behind the website, you need to understand what FAFSA is all about and how it can help you to get financing for your degree.
What is FAFSA and who is eligible for it?
The burgeoning cost of college education, the credit crunch and the economic doldrums have all created a conundrum for students interested in furthering their career prospects with a degree under their belt. If you are interested in a college education, you or your parents will have to contribute towards the fees.
How much you end up paying and what your options are in terms of Federal and state student aid and also college sponsored financial aid, including grants, scholarships and work-study programs, is determined by analyzing your FAFSA application.
A federal assessor will conduct a need analysis based on the financial information, such as the family income and the assets held, offered in the Free Application for Federal Student Aid (FAFSA) form. This data will then be electronically forwarded to the colleges that the student has chosen.
The EFC or Expected family Contribution will be calculated on the basis of the form and it will be a determining factor in how much financial aid you secure. All US citizens, nationals and eligible noncitizens with a valid social security number and a GED or high school diploma can apply for financial aid through FAFSA.
What are the advantages of FAFSA.com login?
When you enroll with the service, you get the help of a trained aid advisor to fill the FAFSA form. Even when you use their online service, your form will first be checked for accuracy and complete information before it is filed. Also, you will be kept in the loop about the status of your application through regular email updates. But that is not all! It is possible to procure financial assistance from private firms, lenders and non-government agencies as well. Fafsa.com also runs an independent advisory service for private student loans.
Going through the FAFSA.com sign up process
For Fafsa login, you will need to establish an account with the agency. To do this, you will have to furnish information about yourself, including your name, contact details and education and earnings related data. Follow the steps below to register an account.
Step 1: Go to http://www.fafsa.com/profilenew. Remember, this is not your FAFSA application, but a form for opening an account with Student Financial Aid Services INC.
Step 2: Start by filling in the information asked for, beginning at the fields for your first and last name. In the next couple of fields, you will be asked to furnish contact information, including your address, primary and secondary phone numbers and email id.
Step 3: Choose a password which is at least 6 characters long and confirm it by retyping in the next field. In case you are wondering about the username, you email ID will be used as your username.
Step 4: Choose the secret question and provide the answer to it. This information will be used when you cannot log in to your account and the email address provided by you.
Step 5: Provide educational and financial information and accept the terms of service by checking the box. Finally, click on the button in blue that says “next”
This is a fee based service, so you will be asked to offer your credit card details after this point. Once the payment is confirmed, your account will be ready for use.
Subsequently, when you want to use the service, you can go to https://www.fafsa.com/login. You will see the fafsa login form where you have to enter your username and password. Click on login and you will have access to your account.
Unfortunately, at this time the company does not provide a mobile app for accessing the site. However, you could use your mobile browser and point it to the homepage and access your account as you normally would.
Getting your password back!
If you have lost your account details, recovering your password is not a tedious process. However, you will need to remember some of the information that you offered at the time of registration. Fortunately, because your username is also the email ID that you offered when signing up with the service, it is quite easy to keep track of it.
Armed with this information, go to the fafsa login page at https://www.fafsa.com/login. When you click on the link that says “forgot password” you will be taken to the webpage with the recovery form on it. This is a multistage process and it starts when you offer your email id/username. They will send a link to your email address. Then, it is only a matter of following the instructions in the message and you will have your new password.