To apply for federal student aid, you need to complete the FAFSASM or Free Application for Federal Student Aid. Completing and submitting the FAFSA is free and quick, and it gives you access to the largest source of financial aid to pay for college or career school.
In addition, many states and colleges use your FAFSA data to determine your eligibility for state and school aid, and some private financial aid providers may use your FAFSA information to determine whether you qualify for their aid.
If you’re ready to fill out the FAFSA now, go for it! If you’d like more information first, we can help.
If you don’t fill out the FAFSA, you could be missing out on a lot of financial aid! We’ve heard a number of reasons students think they shouldn’t complete the FAFSA. Here are a few:
- “I (or my parents) make too much money, so I won’t qualify for aid.”
- “Only students with good grades get financial aid.”
- “The FAFSA is too hard to fill out.”
- “I’m too old to qualify for financial aid.”
If you think any of these statements apply to you, then you should read “Myths About Financial Aid.” The reality is, EVERYONE should fill out the FAFSA!
The FAFSA becomes available in early January each year, and there are different deadlines for different programs.
Federal student aid
For the 2014–15 year, you can apply between Jan. 1, 2014, and June 30, 2015. However, there are a few first come, first served federal student aid programs, so be sure to apply as soon as you can.
State student aid
College or career school aid
Check the school’s website or contact its financial aid office. School deadlines are usually early in the year (often in February or March).
Other financial aid
Some programs other than government or school aid require that you file the FAFSA. For instance, you can’t get certain private scholarships unless you’re eligible for a Federal Pell Grant—and you can’t find out whether you’re eligible for a Pell Grant unless you file a FAFSA. If the private scholarship’s application deadline is in early to mid-January, you’ll need to submit your FAFSA before that deadline.
As you can see, it’s a good idea to file the FAFSA as soon as it’s available so you don’t miss out on anything.
You have to fill out the FAFSA every year you’re in school in order to stay eligible for federal student aid.
You sure can! If you’re not ready to file a FAFSA, you can use FAFSA4caster to estimate your federal student aid.
There are several ways to file:
- Online at www.fafsa.gov is faster and easier than using paper.
- If you need a paper FAFSA, you can
- Ask the financial aid office at your college or career school if you can file it there. Some schools will use special software to submit your FAFSA for you.
Need some tips on filling out the FAFSA? We’ve got them!
Applying isn’t the last step; your FAFSA has to be processed, and then you get an Expected Family Contribution (EFC), which your college or career school uses to figure out how much aid you can get. Find out more about what happens after you fill out the FAFSA, including how aid is calculated and when and how you’ll get your aid.