Are there Any Benefits to Applying for a PIN Number?

[Crono52]

<p>I’m about to fill out the FAFSA on the Web form, but first I’m looking at the site where you apply for a PIN and I don’t really understand the benefits of applying for one. So could someone please tell me if it’s a requirement to apply for one, is it helpful to apply for one, and what are the benefits of doing so?</p>

<p>Thanks a bunch.</p>

[hazmat]

<p>Maybe you should read more carefully…</p>

<p>

**Do I need a PIN?</p>

<p>You need a PIN in order to perform any of the following tasks:</p>

<pre><code>* Electronically sign the Free Application for Federal Student Aid (FAFSA) on the Web, Renewal FAFSAs on the Web, or FAFSA Corrections on the Web.

• View the status of a submitted FAFSA application on FAFSA on the Web’s Status Check.
• View the results of a processed FAFSA application on FAFSA on the Web’s Student Access.
• Access your Federal Student Aid information on the National Student Loan Data System (NSLDS) Web site.
• Access Direct Loan Entrance and Exit Counseling.
• Make address corrections to a Direct Loan account, calculate a repayment schedule, and get interactive counseling on deferment or forbearance for any Direct Loans on the Direct Loan Servicing Web site.
• Track the processing status of your online Consolidation Loan application throughout the entire consolidation process from application receipt to booking with Direct Loan Servicing.
• Make updates to the e-mail or mailing address where your PIN can be sent.
• Print a copy of your Student Aid Report (SAR).

**
</code></pre>

[Crono52]

<p>Oh, I see. Thanks. (I guess it seems best to apply for one methinks.)</p>

<p>Also, my parents pay a certain amount for mortgage for our summer home.</p>

<p>Where exactly could I put that ammount on the FAFSA form?</p>

[Crono52]

<p>Oh and a couple more questions, if I don’t make any money I can skip all the Student Finance questions, right? Also, do both me and my parents have to apply for a PIN to receive full benefits, or just one of us? Thanks.</p>

[hazmat]

<p>You have a part to fill out for FAFSA and your parents have a part. Stick with your part and then worry about the mortgage payment of a summer home. Your parents also need a FAFSA which you haven’t mentioned. Apply for both.</p>

[Crono52]

<p>Oh, I see.</p>

<p>But I’m on the PIN sign-up page, but I’m not sure whether to put my parents’ information or my information. Or both.</p>

[hazmat]

<p>You need to obtain a PIN for yourself…AND a PIN for your parents. Fill out the info such that you get two PINS. Is that any more understandable?</p>

[Crono52]

<p>I just wanted to make sure because on the page I’m on it doesn’t say “Student Personal Info” or “Parent Personal Info.” It just says “Personal Info” and it doesn’t say whether or not there will be another page for a second PIN.</p>

[hazmat]

<p>OK fill out the page completely for yourself. Then begin again for your parents…or since you seem to be uncertain and having trouble have a parent do their’s. Why are you so confused? Are you nervious? Do you think that this is tricky?k FAFSA is not tricky, there are cues to help you and keep you from making errors…it is not that hard it is just tedious. You can do this if you would calm down and stop over thinking it.</p>

[spikemom]

<p>go to the collegeboard.com site, they have a lot of guidance for this</p>