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FAFSA July 1, 2014, June 30, 2015, SM F R E E A P P L I C AT I O N f o r F E D E R A L S T U D E N T A I D Use this form to apply free for federal and state student grants, work-study and loans. Or
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How to fill out the FAFSA:

01
Gather all necessary documents: Before starting the FAFSA, make sure you have all the necessary documents handy. This includes your Social Security number, driver's license, tax returns, W-2 forms, bank statements, and any records of untaxed income. Having these documents ready will ensure a smooth application process.
02
Create an FSA ID: To access and complete the FAFSA, you need to create a Federal Student Aid (FSA) ID. This is a username and password that will serve as your electronic signature on the application. Both students and parents will need their own FSA IDs.
03
Fill out the application online: The FAFSA can be completed online at fafsa.ed.gov. The application will ask for personal information, financial details, and school preferences. Take your time and enter the information accurately to ensure the best outcome.
04
Use the IRS Data Retrieval Tool (DRT): If eligible, it is recommended to use the IRS Data Retrieval Tool. This tool allows you to import your tax information directly from the IRS website, reducing the chances for errors and speeding up the process. It also helps in the verification process later on.
05
List colleges and universities: On the FAFSA, you will have the opportunity to list up to ten colleges or universities that the application will be sent to. Research and compile a list of schools you are interested in attending, including both reach and safety schools. Make sure to include each school's unique federal school code.

Who needs the FAFSA?

01
High school students planning for college: High school seniors who are planning to attend college should complete the FAFSA. It is a crucial step in the financial aid process and helps determine their eligibility for federal student aid programs, such as grants, scholarships, work-study, and loans.
02
Current college students seeking financial assistance: Current college students who are in need of financial assistance or want to be considered for additional aid should also complete the FAFSA. It is important to fill out the FAFSA each year to stay eligible for financial aid and determine any changes in eligibility based on updated financial information.
03
Graduate students: Graduate students pursuing advanced degrees can also benefit from filling out the FAFSA. While some federal aid programs are targeted towards undergraduate students, there are still opportunities for graduate students to qualify for financial assistance, such as federal loans and work-study programs.
In conclusion, filling out the FAFSA involves gathering necessary documents, creating an FSA ID, completing the online application, utilizing the IRS Data Retrieval Tool if eligible, and listing colleges and universities. The FAFSA is essential for high school students planning for college, current college students seeking financial assistance, and graduate students pursuing advanced degrees.
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The Free Application for Federal Student Aid (FAFSA) is a form that students must fill out to determine their eligibility for financial aid for college or career school.
Most students seeking federal financial aid for college or career school are required to file the FAFSA.
To fill out the FAFSA, students need to gather information about their income, assets, and family size, and then submit the form online at fafsa.gov.
The purpose of the FAFSA is to determine a student's eligibility for federal financial aid programs, such as grants, loans, and work-study opportunities.
Students must report information about their income, assets, family size, and other financial details on the FAFSA.
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