FAFSA is the KEY!
The Free Application for Federal Student Aid (FAFSA) is the key
that opens the door to financial aid. It serves as the application for most
of the financial aid from federal and state programs and from colleges and
universities. Even if you are not sure that you will need financial aid,
we recommend that you fill out a FAFSA
anyway -- it's free.
The FAFSA launches on October 1 each year.
When you file the 2022-23 FAFSA, you will use what the U.S. Department of
Education calls the Prior Prior Year (PPY) for income information. This means
that you will use your 2020 income information to complete the 2022-23 FAFSA.
should submit the FAFSA as soon after the official starting date, which is
now October 1, as possible, making sure you meet any college or state deadlines.
The quickest and most accurate way to file the FAFSA is online. In contrast to a paper copy, the online
form displays only the data entry fields you need to complete. You also receive
directions as you need them. The FAFSA site is also available in Spanish.
complete the FAFSA you will need an FSA ID (Federal Student Aid), a username and password
that enables you to log in to some Department of Education websites.
may wish to make use of the IRS Data Retrieval Tool (IRS DRT). This tool
transfers your income tax information directly from the income tax form that
you filed onto the FAFSA. You can read more about this process and find out
when your tax information will be available through the IRS DRT here.
If you prefer to fill out a paper copy of
the FAFSA, you can obtain one by calling the Federal Student Aid Information
Center at 1-800-4-FED-AID.
The FAFSA may not be the only form required
to receive an award letter from a school. You must also complete the college
admissions process. Check with each of the colleges and universities you listed
on your FAFSA to determine their requirements.
If you filed your FAFSA
electronically, you will receive an electronic Student Aid Report (SAR) within
a few days of submitting your completed FAFSA. (SAR results may take three
weeks if you filed a paper FAFSA.) The SAR is the result of your FAFSA. Read
it immediately and follow any directions. The schools you list on the FAFSA
will also receive results.