The FAFSA, which stands for Free Application for Federal Student Aid, is
a financial aid application that is used to determine the Expected
Family Contribution (EFC) as well as eligibility for need-based
financial aid.
Students will first fill the FAFSA out during their senior year of high school as well as renew the FAFSA each subsequent year after while they are enrolled in college and/or graduate school.
Students will first fill the FAFSA out during their senior year of high school as well as renew the FAFSA each subsequent year after while they are enrolled in college and/or graduate school.
The FAFSA will ask for student financial information, family size and the number of family members enrolled in college as well as the student's age, marital status and other demographic characteristics. All of the information given will be used to determine whether the applicant is an independent or dependent student. If a student is dependent, parent information will also be required on the FAFSA.The form is available on October 1, which means that it’s time to gather up everything you need in order to successfully complete the form. Depending on your circumstances (when you filed taxes or what tax form was used), you may or may not need the following information or documents as you fill out the FAFSA.
To access the FAFSA, visit the following url: FAFSA
Your FAFSA Checklist:
Your Social Security card and driver’s license, and/or alien registration card if you are not a US citizen. Your 2021 federal income tax returns (you don't have to wait - you can use the most recent returns you have from last year), W-2s, and other records of money earned. (The IRS Data Retrieval Tool can help you transfer your federal tax return information right into your FAFSA form.)
Your parents' income tax returns, W-2 forms and 1040 forms
if you are a dependent (and you are unless declared otherwise). If you
or your parents have not completed your taxes yet, you can estimate your
income and other tax return information, and then correct your
application after you have filed your taxes.
Records and documentation of other nontaxable income received such as welfare benefits, Social Security income, veteran’s benefits, military or clergy allowances (if applicable).
Any additional applicable financial information,
such as taxable work-study, assistantships, fellowships, grants and
scholarship aid reported to the IRS, combat pay or special combat pay
and cooperative education program earnings.
Records of any additional nontaxable income: Examples include: child support received, veterans’ non-education benefits, money received or paid on your behalf, etc.
Current bank and brokerage account statements, including records of stocks, bonds, mutual funds and other investments (if applicable).
Business or investment farm records (if applicable).
Records relating to any unusual family financial circumstances.
This can include anything that changed from last year or anything that
separates your family from a "typical" family in terms of unusual
marital situations, living situations, separations, etc.
Examples include: high non-reimbursed medical and/or dental expenses,
unusually high dependent care costs (e.g., for a special needs child or
an elderly parent), death, divorce, salary reductions, job loss and
private K-12 tuition.
Title IV Institution Codes for each school you are applying to. You can get this code from the school (some have them listed on their web sites) or you can use FinAid's Title IV School Code Database.
When filling out and submitting your FAFSA electronically, you’ll need your FSA ID to sign the form. If you don’t have one, you can create a FSA ID online.
If you are applying as a dependent - again, you are a dependent unless declared otherwise - one parent is required to sign as well. To electronically fill out your FAFSA online, your parent should also apply for a FAFSA ID at the same site.
Download the Department of Education's 2022-23 FAFSA information sheet during your preparation process, to doubly ensure you have all of the information you need.
Use the IRS Data Retrieval Tool.
If you've already filed your federal income tax returns, it will
pre-fill the answers to some of the more difficult FAFSA questions by
transferring the necessary data directly from federal income tax
returns.
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