FAFSA Formula
We specialize in FAFSA applications, and help you get every dollar available for your student.
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Save Time
Time is valuable. We'll walk you through every step of the process, help you organize the required documents, and hold your hand through all of the applications.
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Avoid Costly Errors
Errors on your FAFSA application can cost real $$$. Every mistake you make can cause delays in securing your Federal Aid. Our team is trained to catch those errors to save you money.
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Stressed Parents
Parents, we know your busy with work and home care. We understand you that preparing your children for college is a lenghty procress. When you work with us, our top priority is to deliver expert advice and instinstructions to avoid investing countless hours.
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General Guidance
Many students dont know where to begin when its time to decide on continuing their higher education. FAFSA Formula is here to walk you through the scary process and advise you every step of the way.
Don't Know Where to Start?
Confused? Don't know where to start? FAFSA Formula will walk you through all of the available Federal Aid programs, and help you secure the most aid possible.
Federal Aid Guidance Packages
We offer a range of packages to help you through the Federal Aid process. Whether you're applying for FAFSA or Direct Plus Loans.
What is the FAFSA?
The Free Application for Federal Student Aid (FAFSA®) is an application each aspiring student or current student will need to complete each year to apply for federal grants, work-study, and loans. With this application, the school the student wishes to attend will be able to determine their federal aid eligibility.
*This applies for undergraduate and graduate students.
Why use FAFSA Formula?
Even though it is completely free to complete your FAFSA application, the best option for students and parents is to hire FAFSA Formula as their preparer. FAFSA Formula will make the process fast, and easy. FAFSA Formula advisors are trained to catch mistakes that even the Department of Education's computer misses and be able to assist the student in receiving the maximum federal aid they are eligible for.
FAQ
Frequently Asked Questions
What kind of aid is determined by the FAFSA?
Pell Grant
Scholarships
Subsidized loans
Unsubsidized loans
Work-Study Jobs
How is aid calculated?
When students complete their FAFSA application, the student will be given an EFC(Estimated Family Contribution). The EFC is calculated according to a formula established by law. The department of education’s formula will take into consideration the students family's taxed and untaxed income, assets, and benefits as well as the number of members in the household to determine the student’s EFC.
Do all students qualify for the Pell Grant?
No, the student's EFC must fall within the department of education threshold to obtain the pell grant.
What is an FSA ID?
The FSA ID is a credential that students and parents should create in order to obtain easy access to Federal Student Aid websites. The FSA ID is linked to your Social Security number and it is a direct way for students and parents to sign all of their federal aid applications and have them processed.