Filling Out the FAFSA

Here’s a checklist!  You should have the following information and documents with you as you fill out the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov.

Create your FSA ID, and Password

□  Your SSN

□  Your parent’ SSNs * If you are providing parent information

□  Your DL#    *If you have one

□  Your Alien Registration# * If you are not a US Citizen

□  Federal tax information or tax returns(and your spouse, if married), and for your parents, if you are providing parent information.)

□  Use income records for the year prior to the academic year for which you are applying:

□  If you are applying:

□ After July 1st, 2019: You will be filling out the 2019-2020 & 2020-2021 FAFSA, using your 2017 & 2018 tax information.

□  If you have not yet filed an income tax return, complete and submit the FAFSA using estimated tax information.

□  Grade Level: Never attend college 1st year or Attended previously 1st year 2019-2020

□  Degree: Certification/Diploma (Occupational/technical/education program less than  2 yr.)

School Code: 038123

*If you file your taxes before filling out your FAFSA online, you should be able to use IRS Data Retrieval Tool to transfer your tax information into your FAFSA.*

Not sure whether you will need to put your parent’s information on the FAFSA?  Check out “Am I Dependent or Independent?” at www.studentaid.ed.gov/pubs or call 1-800-4-FED-AID (1-800-433-3243)

 

How to Complete Your Master Promissory Note

(Subsidized, Unsubsidized and Parent Plus Loans)

○  A parent must sign-in with Parent FSA ID and Password. *Your FSA ID and PASSWORK        that you used when completing FAFSA*

  • Once signed in, Click on Apply for Parent Plus Loan

            Provide loan and identification details

The Parent PLUS loan application on StudentLoan.gov is actually a “request for supplemental information, “which you can preview her.  You’ll need to have your FSA ID (not your Childs’s) on hand to file and submit this form.  The information you’ll have to provide includes:

  • Loan details: the type of loan you need (Parent PLUS in this case) along with your requested loan amount and period
  • Academic information: the code and address of your child’s college and the award school year
  • Student information: your child’s name, Social Security number, date of birth, permanent address, and telephone number
  • Borrower information: your name, Social Security number, date of birth, citizenship status, and permanent and mailing addresses, phone number, and email address

Employment information: your employer’s name and address

  • Next click on the blue link “Complete Master Promissory Note”.

            ○  Click on the blue link “Parent Plus”.

            ○  From the first drop down menu, select the school state “Georgia”

            ○  From the drop down menu, select the school “OmniTech Institute”

○  Fill in all areas of the form.  *Please Note: the addresses cannot share the same addresses with each other or with the parent.

○  Be sure to place parents SSN and students SSN in the correct sections.

○  E-sign the form, view it, and SUBMIT it.

Please Note: Upon application, the Department of Education (DOE) will evaluate your credit and approve or deny your application based on your credit score and history.  OmniTech Institute is not involved in the credit decision made by the DOE.

If you have any question, please contact our Financial Office: (404) 284-8121

How to Transfer Your IRS Tax Information Directly Information into Your FAFSA.  You may have received an email from Federal Student Aid recommending that you use the IRS Data Retrieval Tool to transfer tax information directly for the IRS into your FAFSA.  If for any reason the Data Retrieval Tool is unavailable, you can manually enter your tax information into your FAFSA.

 

The IRS Data Retrieval Tool transfers you IFS tax information directly into your FAFSA.  To use the Data Retrieval Tool, complete the following steps:

 

  • Go to fafsa, ed.gov and select the “Start Here” button
  • Log in using your FSA ID
  • Select “Continue” or Make a Correction “button
  • Select the “Financial Information” tab from the top of the page.

Instructions for the parent to request the parent IRS information:

  1. Go to “Parent Financial Information” page
  2. Answer the question in the first box to see if you are eligible to use the IRS Data

 

Retrieval Tool

  1. If eligible, select which parent is providing information on the FAFSA
  2. Enter the FSA ID for the parent providing the information
  3. Click “Link to

     IRS

 

            Applying is faster and easier if you transfer your tax return information into this FAFSA with the IRS Data Retrieval Tool (IRS DRT)

  1. For your privacy, the tax information you transfer from the IRS into your FAFSA form won’t be visible to you. Instead, you will see “Transferred from the IRS” in the appropriate fields on fafsa .gov, the IRS DRT web page, and on the Student Aid
  • You have successfully transferred your 2016 IRS tax information

Your IRS information has been successfully transferred into this FAFSA.  Questions that were populated with tax information will be marked with “Transferred from the IRS.  “For your protection, IRS tax return information is not displayed on the FAFSA.                      

Instructions for the Student to request the student IRS information:

  1. Go to “Student Financial Information” page
  2. Answer the questions in the first box to see if you are eligible to use the IRS Data Retrieval Tool
  3. If eligible, click “Link to

 

Applying is faster and easier if you transfer your tax return information into this FAFSA with the IRS Data Retrieval Tool (IRS DRT)

  1. For your privacy, the tax information you transfer from the IRS into you FAFSA form won’t be visible to you.  Instead, you will see “Transferred from the IRS” in the appropriate fields on fafsa.gov. the IRS DRT web page, and on the Student Aid

 

  • You have successfully transferred your 2016 IRS tax information

Your IRS information has been successfully transferred into this FAFSA.  Questions that were populated with tax information will be marked with “Transferred from the IRS.  “For your protection, IRS tax return information is not displayed on the FAFSA.

  1. Proceed to the Sign and Submit page

If you’d like to know more about the tool, FinAid offers an in-depth summary on their website.