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FAFSA Tips


  • Marital Status: You must report marital status as of the date you file the FAFSA for all individuals who are providing their information. If you are not married as of the date you sign the FAFSA, check "unmarried" even if you plan to marry during the award year. Intended spouses cannot be included in household size, and this item cannot be updated after filing the FAFSA. *IF YOUR NATURAL MOTHER OR FATHER IS DIVORCED AND THE RESPONSIBLE PARENT HAS REMARRIED, WHEN INDICATING THE RESPONSIBLE PARENT'S MARITAL STATUS, MARK THE BOX THAT INDICATES "MARRIED" AND INCLUDE INCOME/ASSET INFORMATION FOR BOTH PARENT AND STEP-PARENT.
  • Number in Household: Include only the number of people that you/your parents now support and for whom you/your parents will continue to provide more than 50% support between July 1 and June 30 of the academic year (including your unborn child, if that child will be born before or during the award year.) Also include your parents' other dependent children who will be attending college during the academic year. ALWAYS INCLUDE YOURSELF (the student).
  • Asset Information: You must report the net worth of assets as of the date you complete the FAFSA.
  • Question 31: Do not leave this question blank! A drug related conviction does not mean you are ineligible for aid. For more information, please contact our office at 850-872-3845 or 1-800-311-3685 or click here to e-mail your questions.

Untaxed Income:

Worksheet "A"

  • Earned Income Credit - from 1040, 1040A, 1040EZ.
  • Additional Child Tax Credit - from 1040, 1040A, 1040EZ.
  • Social Security Benefits - include benefits received for ALL children in the family.

Worksheet "B"

  • Payments to tax deferred pensions.
  • Untaxed portions of IRA and Keogh payments, 401(k) and 401(b).
  • Child support received for all children.
  • Tax exempt interest income.
  • Untaxed portions of pensions (exclude rollovers, they are identified on your IRS return).
  • Military/clergy housing, food, living allowances.
  • Cash support or any money paid on your behalf (unless dependant); include rent/mortgage, tuition, insurance.

Worksheet "C"

  • Read this section carefully! Information should be reported in this item when you/your parents have paid child support or reported as income Federal Work Study, Scholarship and/or Grants, Hope and Lifetime tax credits, or AmeriCorps awards.

Adjusted Gross Income/Taxes Paid

  • Use a completed Income Tax return when completing the financial aid application.
  • If your tax filing is delayed, estimate your information to meet the GCCC application deadline, but REMEMBER: YOU MUST FILE, IF REQUIRED TO FILE, PRIOR TO RECEIVING ANY FINANCIAL AID.
  • When reporting taxes paid, do not report the amount of tax "withheld" and do not include self employment tax.
  • If your primary parent is remarried (even if not married the previous year) you MUST include your step-parent's income and asset information.
  • If you/your parents are married and file separate returns, you must combine income information from both tax returns.
  • If you or your parents are divorced, separated, or widowed, do not include information about your or your parent's spouse. For more information, call 850-872-3845.


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Gulf Coast Community College
5230 West Highway 98
Panama City, Florida 32401
850.769.1551

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