The most important piece of information that I can pass along to anyone about the FAFSA is that it requires your full attention throughout the entirety of your college program. YOU DO have to file every year, YOU DO have to remember you FAFSA Pin every year, and YOU WILL have to collect tax data every year. With that in mind, it is never too late to start a FAFSA organization folder.
A FAFSA organization folder will allow you to have quick and easy access to all of the records required to complete the FAFSA. How do you create one? Begin by buying a three-ring binder for organizing physical paperwork like W-2’s, tax returns, forms etc. Create folders inside the binder titled “FAFSA 2012-2013,” and “FAFSA 2013-2014”… from there it’s as easy as putting the requisite information into each folder. For example: as you receive your W2 from your 2011 summer job place that W2 into the “FAFSA 2012-2013,” as this piece of paperwork will be essential in finishing your 2012-2013 FAFSA. Repeat this process by collecting copies of your parents W2’s and tax returns, and store it all in a safe place until it is needed.
By creating this folder you can eliminate a great deal of the stress associated with filing the FAFSA – nothing is worse than searching for every file on the day that you apply. Additionally, for those of you planning to attend a FAFSA help session this folder will be absolutely necessary, and you should be certain to bring it along. I hope these tips help, and if you need any further information contact your schools advising staff.
T.D. Bjornestad
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