Apply for the FAFSA in 7 Easy Steps
The dislodge Application for Federal Student Aid ( FAFSA ) is one of the chief sources of fiscal aid for students and their families. But it can be confusing, so it ’ second important to learn how to properly apply for and submit your FAFSA form .
The FAFSA is how you access fiscal care from both the union and state governments a well as some colleges and universities. Financial care may come in the shape of scholarships, grants, work-study, and union student loans .
You can apply for the FAFSA on-line at studentaid.gov, via the MyStudentAid app available via iTunes or Google Play, or you fill out a newspaper kind and mail it in.
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Completing the FAFSA is a crucial dance step to get the money you need for school and it can seem submerge, so we ’ ve put in concert these bit-by-bit instructions to help you through the summons. There are many questions regarding fiscal help applications, but here we ’ ll address the popularly searched “ How to apply for FAFSA ” .
How to Apply for the FAFSA: Step-by-step instructions
The FAFSA can look intimidating but should only take about an hour to finish angstrom long as you follow these steps .
1. Gather Your Information
When you fill out the FAFSA, you ’ ll be asked to provide certain information. You can speed up the summons by having all the necessary information and documents on hand. You should have :
- Your Social Security number
- Your family size and income
- Your personal income (if any)
- The list of colleges you’re applying to
2. Create a Federal Student Aid (FSA) ID
once you have your documents on hand, you ’ ll need to know where to apply for the FAFSA. If applying for the FAFSA on-line or via the mobile app, your adjacent step is to create a FSA ID. This is a alone identifier used to complete the FAFSA each year you ’ re in college. It takes about 10 minutes to create, and it can be done wholly on-line. Students have their own singular FSA ID. If you ’ re a parent, your FSA ID will be branch from your child ’ second .
3. Fill in Student Information
once you have your FSA ID, you can begin applying for the FAFSA on-line or via the app. Choose the shape you ’ d like to complete most likely the approaching school year, and begin filling out the student demographic section. This department asks for your information, such as your diagnose, age, and date of birth .
You ’ ll besides be prompted to enter the schools you ’ re matter to in attending. Make certain to enter all schools you are considering thus that you get the maximal aid you ’ re entitled to receive from each one .
For the addiction section, you ’ ll be asked questions that determine whether you ’ re a dependent of your parents or not, for fiscal help purposes .
4. Enter Parent Information
once you ’ ve completed the scholar incision, you need to enter information about your parents. even if you don ’ t presently live with your parents or aren ’ t a pendent, you still need to complete this section. The form will prompt you to enter their names, mailing addresses, and other relevant information .
5. Provide Your Financial Information
following, you need to enter your family ’ s fiscal information, including your income and that of your parents. If applying for FAFSA on-line, you can use the IRS Data Retrieval Tool, which automatically pulls the necessary data from your tax restitution .
6. Review Your FAFSA
Before submit, make sure you review your FAFSA application for any errors or mistakes. double check the list of schools you entered, and your fiscal information .
7. Sign and Submit Your FAFSA form
once you ’ ra certain all of the information is adjust, you can electronically sign and submit the form. That ’ s it, you ’ re done !
How to Apply for the FAFSA: FAQs
What Are Important FAFSA Dates?
There are a few dates to keep in mind when applying for FAFSA : The school year, the form class, deadlines to submit the FAFSA, and tax information year .
|Attendance Dates||FAFSA Form||Filing Dates*||Tax Information|
|July 1, 2020 – June 30, 2021||2020 – 2021|| October 1, 2019
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– June 30, 2021
|July 1, 2021 – June 30, 2022||2021 – 2022||October 1, 2020 – June 30, 2022||2019|
|July 1, 2022 – June 30, 2023||2022 – 2023||October 1, 2021 – June 30, 2023||2020|
- Attendance Dates: July 1, 2021 – June 30, 2022
- FAFSA Form: 2021 – 2022
- Filing Dates*: October 1, 2020 – June 30, 2022
- Tax Information Year: 2019
- Attendance Dates: July 1, 2022 – June 30, 2023
- FAFSA Form: 2022 – 2023
- Filing Dates*: October 1, 2021 – June 30, 2023
- Tax Information Year: 2020
*States and individual schools much have different deadlines for completing the FAFSA than the federal government. here is a list of FAFSA state deadlines. Be sure to check with your school .
How Long Does FAFSA Take to Complete?
According to the Office of Federal Student Aid, it takes most people less than an hour to complete and submit the FAFSA. That estimate includes the meter it takes to gather necessity information or datum, complete and review your data, and read the confirmation page you ’ ll meet once you submit your application .
If you submitted the FAFSA for a former year and are merely doing a reclamation lotion, the march can be much faster .
Should I Apply for the FAFSA Early?
Some union fiscal aid is awarded on a first-come-first-served basis so it ’ s a good mind to file a early as potential. Completing the FAFSA early has many benefits such as allowing you to spend more clock on searching for “ detached money ” – like scholarships and grants – and focusing on other college plan and cooking .
What Happens After Submitting the FAFSA?
If you completed the FAFSA on-line, your application is typically processed within 3-5 days. If you mailed in a paper application, it could take 7-10 days .
Once it ’ second processed, you ’ ll receive a Student Aid Report ( SAR ), which summarizes the information you provided on the FAFSA. Review the SAR to make certain everything is accurate ; if there ’ s a mistake, go back and edit your FAFSA application.
The SAR will besides list the have a bun in the oven family contribution ( EFC ), which is how much your family is expected to pay toward your education. Your FAFSA application, SAR, and EFC are sent to the colleges on your list, and the schools use that data to calculate your fiscal help package .
The Importance of Applying for FAFSA
not everyone realizes how significant the FAFSA is for families and college-bound students. Knowing how to apply for fiscal aid for college is invaluable. According to the National College Access Network, only 57 percentage of high school seniors in the class of 2019 completed the FAFSA ; those who skipped it were ineligible to receive federal aid, such as grants, work-study programs, and tied federal scholar loans. Students could evening miss out on school-offered scholarships, since many colleges use the FAFSA to determine your aid .
Completing FAFSA is the essential first gear footstep in paying for college, helping you get access to valuable grants, federal student loans and deserve aid from many different sources. now that you know how to apply for FAFSA grants, see what other undergraduate student loans you might qualify for !