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Get the free What is the FAFSA? - moneyradio

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Use this form to apply free for federal and state student grants, work-study and loans. Or apply free online at www.fafsa.ed.gov. STATE AID DEADLINES Check with your financial aid administrator for
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How to fill out the FAFSA form:

01
Gather all necessary documents: Before starting the FAFSA application, make sure you have all the required documents such as your social security number, tax returns, W-2 forms, bank statements, and any other financial documents that may be needed.
02
Create an FSA ID: To begin the FAFSA process, you will need to create an FSA ID. This ID acts as your electronic signature and allows you to access your application in the future. Both you and one parent (if applicable) need to have separate FSA IDs.
03
Start the FAFSA application: Visit the official FAFSA website and select the "Start A New FAFSA" option. Follow the instructions and provide all the necessary information accurately. Ensure that you fill out all sections completely, including personal details, financial information, and school choices.
04
Use the IRS Data Retrieval Tool (DRT): If eligible, it is highly recommended to use the IRS DRT to import your tax information directly from the IRS database. This ensures accuracy and saves you time in manually entering all the financial details.
05
List the schools: On the FAFSA form, you can select up to ten schools where you want your financial information to be sent. Make sure to research and include all the colleges or universities you are considering attending.
06
Review and submit the application: Once you have completed the entire FAFSA form, carefully review all the entered information for accuracy. Any mistakes can lead to delays or errors in your financial aid. After thorough review, submit the application electronically by following the prompts on the website.

Who needs the FAFSA form?

01
High school students applying for college: Most high school students planning to attend college will need to fill out the FAFSA form to access various types of financial aid such as grants, scholarships, and loans.
02
Current college students: Even if you didn't apply for financial aid during your first year of college, it is still important to submit the FAFSA form each year. Financial situations can change, and you may become eligible for additional aid options.
03
Non-traditional or adult students: Whether you are returning to college after taking a break or starting your higher education journey later in life, the FAFSA form is still essential. Many financial aid programs cater to the needs of non-traditional students as well.
04
Graduating high school seniors: If you are planning on continuing your education after high school, whether at a university, community college, or trade school, completing the FAFSA form is crucial to determine your eligibility for financial assistance.
05
Certain vocational or technical school students: Depending on the program and accreditation, students pursuing vocational or technical education may also need to fill out the FAFSA form to access financial aid opportunities.
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The Free Application for Federal Student Aid (FAFSA) is a form that students must fill out to apply for federal financial aid for college.
Students who are seeking financial aid for college are required to file the FAFSA form.
To fill out the FAFSA form, students need to gather information about their financial situation and complete the online application on the FAFSA website.
The purpose of the FAFSA form is to determine a student's eligibility for federal financial aid, such as grants, loans, and work-study programs.
Students must report their income, assets, and other financial information, as well as their dependency status and household size, on the FAFSA form.
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