Early Eligibility Indicator: FAFSA4Caster
What is the purpose?
The free online tool allows students to see early estimates of their eligibility for federal student aid. It instantly calculates an estimated EFC, an estimated award amount for the Federal Pell Grant, and sample award packages.
Who should use the FAFSA4caster?
Anyone who is not ready to file the FAFSA can use this form to help prepare for the upcoming year. However, this is not a replacement for the FAFSA. The FAFSA must be filed to be eligible for federal student aid.
How do you access the FAFSA4Caster?
This tool can be utilized at www.fafsa4caster.com.
What information does it provide?
After the form is filled out, the student can see an estimated EFC. Furthermore, the student can see what college might cost based on average costs for different categories of schools. It also shows the types of federal student aid that might assist in covering that cost and lists the student's estimated amount for the Federal Pell Grant program, as well as providing examples of award packages.