Office of Youth Ministry - Diocese of Lubbock at 4620 Fourth St, Lubbock, TX 79499 US - Need Financial Aid?

The following is sent on behalf of Dr. Raymund A. Paredes, Commissioner of Higher Education, Texas Higher Education Coordinating Board. We are pleased to announce that eligible students in Texas may complete a simplified version of the Free Application for Federal Student Aid (FAFSA) to determine financial need. To be eligible to use the less complicated FAFSA, a student’s parents must earn less than $50,000 per year. In addition, every member of the family must be eligible to file simplified federal tax forms (either the IRS Form 1040A, or Form 1040 EZ). Students whose parents earn less than $12,000 annually are eligible to complete the simplified FAFSA without meeting the additional requirements. The simplified version of the FAFSA, called the Simplified Needs Test, is available only in electronic form and is equivalent to the first two pages of the printed version. It does not require information about parents’ financial assets and net worth, although it continues to ask for parents’ annual income. The paper version must still be completed in full for those students who are not eligible to complete the simplified form.

(Back)